Carro Raises $60M to Expand Japanese Plug-in Hybrids
Update: 2025-09-17
Description
Carro, Southeast Asia's used car giant, just secured $60M to fuel its expansion and champion Japanese plug-in hybrids across Asia-Pacific. With sights set on Australia and a potential U.S. IPO that could value it at over $3B, Carro is revolutionizing the automotive tech landscape, backed by Temasek and SoftBank, and transforming how Southeast Asia buys and sells cars.
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