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.
Battery maker Sunwoda plans to build new 20 GWh production facility
This comes less than 20 days after Sunwoda made an announcement revealing its last 30 GWh battery project.
Battery maker Sunwoda plans to build new 30 GWh facility
Sunwoda plans to invest about RMB 12 billion ($1.9 billion) to build a 30 GWh power battery production facility in Zhuhai, Guangdong province.
NIO, XPeng, Li Auto to take stake in battery maker Sunwoda's subsidiary
An affiliate of Li Auto will invest RMB 400 million and an NIO- related fund will invest RMB 250 million.
XPeng reportedly bringing in another battery supplier to reduce dependence on CATL
Battery maker Sunwoda will be the main supplier in one version of XPeng's flagship SUV, the G9, with a share of more than 50 percent, according to local media.
Nankai University establishes joint lab with lithium-ion battery maker
The lab will focus its efforts on the development of composite electrolytes with high ionic conductivity and low interfacial resistance, with the goal of applying them to next-generation metal-air and lithium-metal batteries.