Sunwoda

Sunwoda expects all-solid-state battery costs to fall to levels near semi-solid-state batteries by 2026

Nio president previously mentioned that its 150-kWh semi-solid-state battery pack costs about the same as an ET5, which starts at RMB 298,000.

Sunwoda to supply batteries for Xiaomi's 3rd EV model, Li Auto's BEVs, report says

Sunwoda will supply batteries for Xiaomi's third model, codenamed "Kunlun," as well as Li Auto's Li M7 and Li M8, according to local media.

Sunwoda's EV battery business kicks off IPO process in China

Sunwoda is one of the world's largest power battery makers, and its EV battery business was valued at RMB 35.56 billion in its last funding round in June.

Sunwoda to build $270 million power battery plant in Hungary

The investment is to further improve the company's business layout, serve international customers and expand overseas business, Sunwoda said.

Sunwoda to split EV battery unit for separate listing in Shenzhen

Sunwoda's power battery installations in China amounted to 0.73 GWh in June, placing it at No. 6 with a 2.21 percent share.

Sunwoda to supply batteries for VW's HEV project

This marks Sunwoda's entry into Volkswagen's high-voltage battery supplier system, the company said.

Dongfeng-Sunwoda JV's 30 GWh battery base starts construction

The project, with a total investment of RMB 12 billion, has a planned annual capacity of 30 GWh.

Sunwoda plans to build $3 billion battery base with 50 GWh annual capacity

On September 15, Sunwoda announced another RMB 12 billion investment in a power battery production base with a planned annual capacity of 30 GWh.

Sunwoda's EV battery unit reportedly closes $1.18 billion in new financing

The latest financing brings Sunwoda EVB's valuation to about RMB 30 billion and takes it one step closer to a spin-off IPO.

Chinese battery maker Sunwoda plans to issue GDRs and list them in Europe

Sunwoda plans to issue GDRs and have them listed on the SIX Swiss Exchange/London Stock Exchange. In March, Gotion High-tech announced a similar plan.