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…
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 a fund related to Nio's William Li 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,…
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…