Car Clubs, a Hangzhou-based car rental service, secured tens of millions of yuan in Series A financing from Incapital and Tobon VC (source in Chinese).

After receiving the capital injection, Car Clubs plans to increase its operating stations to 200 this year and add 400 cars (source in Chinese).

Founded in 2011, Car Clubs, formerly known as Evnet, adopts membership system and mainly covers the areas of communities, campus, shopping centers and squares. The operating stations of Car Clubs are more than 40 in Hangzhou.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.