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Geely unit Lotus Tech aims to raise up to US$500mil in funds - CFO

SHANGHAI (Reuters) - Lotus Technology, a new unit of China's Geely set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters.

EXCLUSIVE Geely unit Lotus Tech aims to raise up to $500 mln in funds - CFO

Lotus Technology, a new unit of China's Geely (GEELY.UL) set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters.

Exclusive-Geely unit Lotus Tech aims to raise up to $500 million in funds – CFO

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