KH Automotive Technologies (Changchun) Co., Ltd. announced that it has raised RMB 510 million in a round of funding co-led by Shenzhen Capital Group Co., Ltd., Source Code Capital, CRRC Corporation, and China Venture Capital on November 14, 2022. The transaction also included participation from Shanghai Yonghua Capital Management Co., Ltd., Huoyan Capital, and Ningbo Shanshan Venture Capital Co., Ltd.