BEIJING -- Beijing-based automotive electronics supplier HiRain Technologies has raised 210 million yuan ($30 million) from investment bank and private equity investor China Renaissance.
The company, which was founded in 1998, provides electronics for driving-assist, braking, doors, windows, light and charging systems. Customers include General Motors, Ford, FAW-Volkswagen, BAIC and Geely, according to the HiRain website.