Peng is an internet electric car brand under the banner of orange motors technology ltd. In guangzhou, focusing on the development of internet electric cars for young people in front-line cities; the earlier mass-produced cars are aimed at a fashion, cross-border electric suv. On august 2, 2018, peng automobiles completed a b+b round of financing, which was valued at nearly $25 billion. In december 2017, peng automobiles announced a0, a1, a2 round a+ financing; in may 2017, peng automobile a was awarded 2. 2 billion yuan in the good motors industry fund, which was initiated by shinzhou motors. On 29 january 2018, peng motors announced in hong kong that b round 2. 2 billion yuan would be financed. On 2 august 2018, peng automobile officially announced the completion of the b+ round of financing, totalling rmb 4 billion, and obtained a joint vote from chunhua capital, morning capital and ceo and ceo of peng motors. The intelligent choice of capital, k11 and zhong dynasty also emerged, investing in peng cars. Following the completion of this b+ financing agreement, the entire b round of peng cars amounted to rmb 6. 2 billion, with a cumulative amount of over rmb 10 billion. Peng cars have been valued at nearly 25 billion yuan. Founded in mid-2014, the pyramids team focused on the development of internet electric cars for young people in front-line cities, the earlier cash-producing cars targeted a fashion, cross-border electric suv. Pyramids want to work with the now-expanding shared platform to introduce long-lease services to sell tenure rather than ownership; because of the modular design of vehicles, it is easy to upgrade soft and hardware replacements when users have more functional or higher performance requirements, and to provide greater space for the back end; and they have built a fan circle organized by a friend of the electric car, which organizes offline activities in the development process, listens to clients and reflects improvements in the next iterative version. The concept of peng car design is simple and practical. The pursuit of elegant body ratios, simple and powerful lines, sophisticated and diverse material detail, with emphasis on a function-based model, makes every model characteristic meaningful. In particular, the human design of inner-trading machines seeks to gain a deeper understanding of user behaviour and to create emotional smart cars in the depth of user experience. The peng motor team brings together designers from the central and external sectors, including lamborghini, ford asia pacific, panya and guangyang, and has set up a peng motor centre at bridge 8 in shanghai。