Svolt Energy closes about $940 million in Series B+ financing
The funds will be used mainly to develop new technologies and build new production bases and R&D centers.
Svolt Energy nearly doubles its battery capacity target to 600 GWh by 2025
That's nearly double Svolt's previous goal of 320 GWh, and more than the 520 GWh that CATL, currently China's largest power cell supplier,…
Svolt Energy says its cobalt-free battery pack used in Ora’s first SUV
Svolt Energy Technology, a subsidiary of Great Wall Motors, announced Sunday at the Chengdu Auto Show that its cobalt-free battery pack is…
Xiaomi-backed fund invests in EV battery maker Svolt Energy
Svolt Energy added several new shareholders on August 18, including Hubei Xiaomi Changjiang Industry Fund, backed by smartphone giant Xiaomi.
Svolt Energy forms new firm in Shanghai
The company's business scope covers automotive parts development, artificial intelligence application software development, and new energy…
Svolt Energy’s new 15 GWh power battery project begins construction
The project has a total site area of 482 mu (321,300 square meters) and a new construction area of 480,000 square meters.
EV battery maker Svolt closes new round of $1.59 billion financing
Chinese power battery maker Svolt Energy recently announced the completion of a Series B financing round totaling RMB 10.28 billion ($1.59 billion).
Chinese power battery supplier Svolt announces mass production of its cobalt-free batteries
As the price of cobalt continues to rise, power battery makers around the world are trying to get rid of the metal. Now, a Chinese company has…
Chinese power battery maker Svolt Energy to mass produce first cobalt-free batteries
Svolt Energy, a battery maker owned by Chinese automaker Great Wall Motors, announced that the material of cobalt-free cathode, the core…