Xiaomi is investing in Sunwoda’s electric vehicle battery (EVB) business to strengthen its supply chain partnerships. The move follows a similar investment by Li Auto. Sunwoda will abandon its planned Hong Kong listing and lose control of the subsidiary after a capital increase and board reshuffle.

Oct 2026CnEVPostNews article

Sunwoda Electric Vehicle Battery Co. Ltd. introduces a **15C smart flash charging battery system** capable of charging batteries from **10% to 97% in just 9 minutes**. The company also targets deploying **10,000 megawatt-hour charging stations** by the end of 2027, accelerating China’s push for ultrafast EV charging infrastructure.

Sep 2026CnEVPostNews article

Li Auto is investing **$390 million (2.65 billion yuan)** in Sunwoda’s electric vehicle battery subsidiary (EVB), securing its position as the second-largest shareholder. The move deepens collaboration between the two companies in battery technology and supply chain integration. Li Auto’s funding will support Sunwoda’s expansion in high-energy-density battery production for electric vehicles.

Sep 2026CnEVPostNews article

Tesla integrates Sunwoda, a Chinese battery manufacturer, into its global supply chain to reduce battery costs. The move expands Tesla’s procurement network in China, leveraging local suppliers for production efficiency. Industry sources confirm Sunwoda’s inclusion as part of Tesla’s broader supply chain diversification strategy.

Apr 2026CnEVPostNews article