Xiaomi to invest RMB 1.7 billion in EV battery maker Sunwoda Mobility · TechNode

Xiaomi to invest RMB 1.7 billion in EV battery maker Sunwoda Mobility · TechNode

Xiaomi plans to invest RMB 1.7 billion in Sunwoda Mobility, acquiring a 5.34% stake in the electric vehicle battery maker through its wholly owned investment subsidiary, according to an October 29 filing by parent company Sunwoda Electronic. The transaction will involve subscribing for newly issued capital. Following the investment and a planned board reshuffle, Sunwoda […]

Xiaomi follows Li Auto with planned Sunwoda EVB investment to deepen battery ties

Xiaomi plans to invest about $253 million for a 5.34% stake in Sunwoda EVB, becoming its third-largest shareholder. For details, please visit CnEVPost (cnev.co).

Xiaomi Plans RMB 1.7 Billion Investment in Sunwoda Mobility Energy - EnergyTrend

On the evening of October 29, Sunwoda Electronic Co., L […]

Xiaomi Invests RMB 1.7 Bn in Sunwoda EVB to Become Its Third-Largest Shareholder

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