svolt energy technology

China’s Power Battery Output Totals 100.6 GWh in Q1

According to the China Automotive Power Battery Industry Innovation Alliance on Monday, China's power battery output totaled 39.2 GWh in March, up 247.3% year-on-year, while output reached 100.6 GWh in Q1.

CATL Sues SVOLT for Unfair Competition

Ningde Intermediate People's Court of Fujian Province is preparing to hear a lawsuit later this month in which Contemporary Amperex Technology Co., Limited (CATL) is suing SVOLT on the grounds of unfair competition.

CATL Wins Fifth Consecutive Title as World’s Largest Power Battery Manufacturer

According to the latest statistics released on Monday by SNE, a Korean market research institution, CATL remains the single largest supplier of automotive batteries with a global market share of 32.6% as of 2021, ranking first once again.

SVOLT Establishes Shanghai R&D Center to Support Intelligent Manufacturing Development

SVOLT Energy Technology Co., Ltd. on Thursday signed a cooperation agreement with Shanghai Jiading District State-Owned Assets Management (Group) Co., Ltd., announcing the establishment of SVOLT Shanghai R&D Center.

EV Battery Maker SVOLT Completes B+ Round of Financing

Electric vehicle (EV) battery maker SVOLT has completed a B+ round of financing worth 6 billion yuan ($942 million) on December 11.

SVOLT Releases SV 600 Strategy Aimed at Enhancing Battery Production Capacity to 600GWh by 2025

Chinese battery maker SVOLT released an SV 600 strategy and four supporting initiatives for 2025 at the 2nd Battery Day of SVOLT held on Wednesday.

Xiaomi Builds Cars Now – How Does the Plan Work?

On Wednesday, Lei Jun, Co-Founder and CEO of Xiaomi, announced via his Weibo account that Xiaomi Auto Co. Ltd has been officially established, with registered capital of 10 billion yuan ($1.5 billion).

EV Battery Maker SVOLT Bags over $1.5 Billion in Series B Financing Round

EV battery maker SVOLT Energy Technology announced on July 30 that it had obtained Round B financing worth 10.28 billion yuan, led by BOCGI, Country Garden Venture Capital, SCGC, CCB Investment, IDG, SANY and Xiaomi Group.

China VC Weekly: Batteries, Luxury and Healthcare

EV battery maker SVolt Energy Technology bags a hefty Series A round, luxury brand group Ushopal raises another $100 million to fund expansion plans, and healthcare investor OrbiMed closes a new Asia fund.

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