GGII: Global EV battery installations reached 326.1 GWh in January–April, up 15% year-on-year.

Global EV battery installations reached 326.1 GWh in January–April 2026, an increase of 15% year-over-year. By region, global EV battery installations exhibited a three-polar divergence characterized by 'strong growth in Europe, steady performance in China, and relatively weak demand in North America.'

Zhitong FinanceJun 5 07:03 ET

Cailian Press Venture Capital Link: Primary market funding deals totaled 112 this week, down 1.75% week-over-week; Sunwoda EV Power secured CNY 1.68 billion in Series C financing.

① A total of 112 financing and investment deals took place in China this week (May 23–29), a 1.75% decrease from the previous week; the disclosed total funding amount was approximately RMB 11.949 billion, up 75.03% from the prior week. ② Sectors such as advanced manufacturing, healthcare, and integrated circuits were relatively active; advanced manufacturing accounted for the highest disclosed funding amount. ③ Xinwangda Power secured RMB 1.68 billion in its Series C round, the largest disclosed investment deal of the week.

cls.cnMay 30 22:27 ET

United Winners Laser Invests 50 Million Yuan in Sunwoda Power

MT NewswiresMay 28 06:00 ET

RMB 1.68 billion! Xinwangda Power, valued at RMB 25 billion, secures new funding with investments from state-owned bank capital, local government-backed investors, and leading lithium battery companies.

① Sunwoda EVB completed a RMB 1.68 billion financing round, jointly led by major state-owned banks and local government-backed investors, with participation from industrial capital such as Lianwin Laser. ② Simultaneously, Sunwoda EVB implemented a capital reserve conversion into equity, adjusting its valuation to RMB 25 billion. Its parent company’s ownership stake slightly decreased but remains consolidated, with profitability expected to return in Q1 2026.

cls.cnMay 27 06:58 ET

Express News | Sunwoda Electronic Says Board Approved Plan for Unit to Bring in 13 Investors to Boost Capital by 1.7 Bln Yuan

ReutersMay 26 09:13 ET

The industrialization of solid-state batteries continues to advance, and iterative innovations in new materials technologies are expected to unlock additional growth potential.

According to the Institute of Metal Research, Chinese Academy of Sciences, polymer electrolytes are ideal materials for achieving high-specific-energy solid-state lithium batteries. Addressing the longstanding bottleneck in their fabrication—namely, the difficulty of simultaneously achieving compatibility and electrochemical stability—a research team from the Advanced Carbon and Two-Dimensional Materials Division at the Shenyang National Laboratory for Materials Science, Institute of Metal Research, Chinese Academy of Sciences, has proposed a general fabrication strategy based on compatibility solvent-assisted plasticization.

cls.cnMay 21 20:24 ET