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Range-extended electric vehicles have seen their steepest decline in nearly five years—will Xiaomi be the one to turn things around?
The stakes are still in play.
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Top Battery Makers' Shares in China in May: CATL 46.14%, BYD 16.56%
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.'
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.
Sunwoda ElectronicLtd (SZSE:300207) Could Be Struggling To Allocate Capital