Evatran Gets Another $2.3 Million Investment From Chinese Company

7/11/16

By Gregory J. Gilligan, Richmond Times-Dispatch

Evatran Group Inc., the Richmond-based maker of wireless charging stations for electric vehicles, has received another investment from a China-based automotive company.

Zhejiang VIE Science and Technology Co., a manufacturer of automotive parts based in China’s Zhejiang Province, invested $2.3 million in Evatran this week, the company said.

The latest funding is in addition to $1.6 million that Zhejiang VIE invested in Evatran in mid-2015 and the $1.6 million funding it gave in January, bringing its total investment in Evatran to $5.5 million.

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