Chinese brand Superpanther announces €120 million financing

Superpanther is taking part in the Chinese event in order to showcase their latest innovations: from the self-developed e-axle to our flagship Black Diamond electric heavy-duty truck, already in commercial operation. The Chinese player has recently signed an agreement with Austrian commercial vehicle manufacturer Steyr Automotive for the industrial production of electric trucks.

By Editorial staff

Chinese zero-emission truck brand Superpanther has announced €120 million round financing at CIFIT, the 25th China International Fair for Investment and Trade. According to the company, this is “a strong endorsement from leading investors of our vision for sustainable heavy-duty transport”.

superpanther-financing-2
Superpanther’s in-house developed electric axle

Superpanther in full hype: from financing to European production plans

Superpanther is taking part in the Chinese event in order to showcase their latest innovations: from the self-developed e-axle to our flagship Black Diamond electric heavy-duty truck, already in commercial operation. The Chinese player has recently signed an agreement with Austrian commercial vehicle manufacturer Steyr Automotive for the industrial production of electric trucks. The latter are coming to Europe, thus challenging the current electric truck market in the Old Continent.

Highlights

Related articles

Workhorse and Motive Electric Trucks merge in the U.S.

According to the companies involved, the new player will operate "in the $23 billion medium-duty truck segment with a full range of Class 4-6 trucks". Talking about managers, following the closing of the transaction, Scott Griffith, Motiv CEO, is expected to serve as CEO of the combined company and ...