Zhitong Finance APP learned that according to 36Kr, Luoke Automobile has completed a financing of 100 million US dollars by the end of 2021, led by Tencent Group (00700), and the investment institution Sequoia has also participated in the investment. It is understood that at present, Luoke Automobile is currently at a valuation of 2 billion US dollars for a new round of financing.
According to public information, Luoke Automobile (formerly known as Stone Automobile) was established in January 2021 as a smart car manufacturer, the first car chose the extended range technical route, and the initial product positioning is similar to the Mercedes-Benz G series of hardcore off-road models.
![Tencent leads the investment, Xiaomi "side system" will also go down to build a car, the first car will be the benchmark Mercedes-Benz big G[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)