Sunwoda

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. ...

Sunwoda said to be spinning off EV battery unit for separate IPO

Sunwoda EVB is seeking a new round of financing estimated at more than RMB 3 billion ($448 million), valuing it at RMB 20 billion, according to local media. ...

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. ...