According to foreign media reports, Visdo's CEO, Kimmo Rauma, signed a memorandum of cooperation (MoU) with Beijing Capital Ventures (Beijing Capital Investment) on April 4, 2017. The latter is a venture capital and private equity fund management company. The two parties continue to negotiate investment partnerships with Visedo and plan to manufacture and sell electric drive systems in China. The investment may come from the yet-sold Sinord Capital Fund company. Coil Spring Compressor,Coil Spring Compressor Tool,Coilover Spring Compressor,Auto Spring Compressor WUQIANG HONGMA TOOLS MANUFACTURE CO., LTD , https://www.hongma-tool.com
Beijing Capital Ventures chose Visedo as a candidate portfolio company. The two sides discussed Visedo's advanced technology, innovation capabilities, research and development hybrid, and electric vehicle transmission system solutions. The solution is applicable to commercial vehicles and passenger vehicles. field.
Lu Wenyi, vice president of Beijing Capital Ventures, said: "The Chinese market is in a period of rapid growth, and China has grown into the world's largest electric vehicle market. As the world's leading Chinese venture capital company, the company is actively working on cleaning. Investment in energy technology and renewable energy. Finland has excellent innovation and research and development capabilities, and the country is a major cross-border investment overseas market. Our company cooperates with Sinord Capital to introduce its technology to the Chinese market through equity investment. Expertise."
Visedo CEO Quimer Lauma said: "Global transportation is undergoing electrification, and China is striving to achieve this goal. The Visedo team learned that as the world's largest electric vehicle market, China's boost is equally vital to Visedo. The cooperation between the two parties will ensure that Visedo hybrid and electric vehicle transmission systems become the core of more commercial vehicles and heavy-duty vehicle solutions worldwide. China is one of Visedo's core markets and the company has been seeking business opportunities since 2012. Visedo also Having a local venture capital firm (such as BCI) not only provides the capital needed for growth and expansion, but also has the opportunity to enter the Chinese market. The company has contacts with potential Chinese customers, OEMs and Chinese policy makers through its business network. ."
January 19, 2024