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Battery Firm Sunwoda EVB Bags $380M From Investors Including Li Auto and SAIC Motor
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Battery Firm Sunwoda EVB Bags $380M From Investors Including Li Auto and SAIC Motor

Feb 28, 2022
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Battery Firm Sunwoda EVB Bags $380M From Investors Including Li Auto and SAIC Motor
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(Source: Sunwoda)

On the evening of February 24, Chinese leading lithium-ion battery maker Sunwoda announced that its wholly owned subsidiary, Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB), received an investment worth 2.43 billion yuan ($380 million) from a total of 19 separate investors.

After the deal is completed, registered capital of Sunw…

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