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ASHARK receives tens of millions in funding support

In April 2021, ASHARK (Langsha Auto) successfully signed a tens of millions yuan investment agreement with Yaneng Investment.

At the signing ceremony, a senior leader of Yaneng Investment said, “ASHARK stands out in the micro new energy electric vehicle market with its unique ‘industrial design leads, technological innovation drives’ philosophy. We firmly believe that ASHARK’s business model and the strength of the company team will bring continuous growth momentum to the company. This investment will mainly be used for vehicle development and team building, helping ASHARK achieve even greater achievements in the new energy electric vehicle field.”

The founder and CEO of ASHARK said at the signing ceremony: “Thank you for your trust and support to Langsha Auto. As a rising star in the field of new energy electric vehicles, ASHARK has been focusing on the research and development and innovation of micro new energy electric vehicles, with the concept of “industrial design leading, technological innovation driven”, aiming to launch a series of high-value, high-experience, cost-effective micro new energy electric vehicles that are loved by young people in the Z generation, and create a travel ecology with “A0 new energy intelligent electric vehicles as the carrier” that can link life, entertainment, social and other full scenes. This funding will enable us to further invest in product development and team building. We believe that with the support of Aneng Investment, ASHARK will accelerate the pace of innovation and lead the future development of micro new energy electric vehicles.”

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The Castle
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About Salient

The Castle
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2500 Castle Dr
Manhattan, NY

T: +216 (0)40 3629 4753
E: hello@themenectar.com