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Neolix completes nearly $400 million Series E funding, unmanned delivery shifts to large-scale operations

Neolix announced on October 20 that it has completed nearly $400 million in Series E funding, led jointly by Boyu Capital and a certain national-level fund, bringing its cumulative funding to over 10 billion yuan. Founder Yu Enyuan said the original plan was to raise $200 million, and the final amount exceeded the target by nearly double. The company disclosed that per-vehicle revenue gross margin can exceed 60%, but overall profitability has not yet been achieved, with a goal of achieving company-wide profitability in 2027.

Part of the event: Neolix Completes Nearly $400 Million Series E Funding, Targets Overall Profitability by 2027

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