Sunwoda Electric Vehicle Battery
Sunwoda Electric Vehicle Battery (EVB) Company, a subsidiary of Sunwoda Electronic Co., is a prominent player in China''s electric vehicle (EV) battery industry. Launched in 2008, the company
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, or simply Sunwoda (: ; : xīn wàng dá) is a Chinese technology company that specializes in the research and manufacture ofmodules. 26 -- Sunwoda EVB, the electric vehicle battery unit of Sunwoda Electronic, has landed CNY6. 9 billion (USD1 billion) in a Series A financing round, including backing from China’s first national-level green investment fund. Sunwoda expects the impact on its 2025 net income to range from RMB 500 million ($72 million) to RMB 800 million. The company's batteries provide electric vehicle battery solutions, like battery modules, column modules and soft modules, for new energy companies that manufacturer electric coach buses, passenger cars, logistics vehicles and other vehicle types, enabling the new energy industry to access more. Its core strengths in rapid scaling, cost-effective manufacturing, and innovative fast-charging technology have secured key partnerships, positioning it as a formidable challenger. Featuring a five-layer safety design and 367 safety-related patents, the battery remains fire- and explosion-proof even under extreme conditions.
