Sunwoda Electric Vehicle Battery Revenue, Valuation, Funding & Investors

Farasis Energy is a global lithium-ion battery manufacturer producing power systems for electric vehicles, energy storage grids, and commercial applications. The company operates production facilities in China and the United States with partnerships including BMW for automotive battery supplies. Farasis Energy supplies high-energy-density cells addressing transportation electrification and renewable grid integration needs.

SVOLT is a battery maker based in Jintan District, Changzhou, Jiangsu, that develops and produces cells, modules and packs for electric vehicles and a range of energy storage systems. Great Wall Motor set it up in February 2018 as a wholly owned subsidiary, and outside investors including CMG-SDIC Capital, Bank of China Group Investment, IDG Capital and Xiaomi bought in through financing rounds in 2020 and 2021 that raised more than 20 billion yuan. The company reports 14 production sites, three research centres, more than 13,000 employees and 5.2 billion yuan of research spending between 2019 and 2025. Great Wall Motor accounted for 98.68 percent of its revenue in 2020. SVOLT filed for a listing on the Shanghai STAR Market in 2022, invested in the recycling company Shunhua Lithium that year, and sold a 40 percent stake in its Thai unit to Banpu NEXT in 2023.

Yinlong Group (Zhuhai Yinlong New Energy) is a Chinese manufacturer of new energy buses, including battery hybrid zero-emission models. The company has ranked among the top producers of buses over 7 meters in length in China's new energy vehicle market. Gree Electric became Yinlong's controlling shareholder in 2021 after acquiring a majority stake through a judicial auction.

StoreDot is a Herzliya-headquartered battery innovator specializing in extreme fast-charging lithium-ion cells for electric vehicles and consumer electronics. Its silicon-dominant anodes enable 80% charge in five minutes at room temperature. The company licenses technology to partners like VinFast for automotive integration. Founded in 2012, StoreDot has demonstrated prototypes at CES and secured partnerships with TDK for mobile applications using organic compound electrodes.

SK on is a Seoul-headquartered battery maker producing prismatic and pouch lithium-ion cells for electric vehicles from its Gwangmyeong and Seosan plants. Spun off from SK Innovation in 2021, it supplies packs to Ford Mustang Mach-E and Hyundai Ioniq 5. The company advances 46-series cells with NCM cathodes and partners with Solid Power on solid-state tech. SK on targets 200 GWh capacity by 2025.

BAIC BluePark New Energy Technology Co Ltd is engaged in the research and development, production, sales, and service of new energy pure electric vehicles and core components. The company operates under the Xiangjie, Jihu, and BEIJING brands, offering a range of models that include the Xiangjie S9, Alpha S Pioneer PRO, Alpha T5, Koala series, and others.

BETA Technologies Inc is an aerospace company. The group has developed an electric aircraft platform and propulsion systems that are positioned to transform the aviation industry forward into a new phase of growth. It designs, manufactures, and sells high-performance electric aircraft, modern electric propulsion systems, charging systems, and components. The group also invested in the underlying infrastructure of this breakthrough technology, which is critical to bringing electric aviation to life. The group has developed a differentiated presence in North America and is well-positioned to expand globally. Its products and services are Aircraft, Charge, Motor, Battery, Flight Controls, and Training. It has one operating segment: Development and Manufacturing of Electric Aircraft.

Joby Aviation Inc is a transportation company developing an all-electric, vertical take-off and landing (eVTOL) air taxi for commercial passenger service. Its Joby eVTOL aircraft is designed to transport a pilot and up to four passengers or an expected payload of up to 1,000 pounds at speeds of up to 200 mph. The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge. The company is also developing an app-based platform to build and operate an aerial ridesharing service powered by a network of eVTOL aircraft that it will manufacture and operate. It has one operating and reportable segment, namely flight services. Currently, the company generates all of its revenue from flight services provided to the Department of Defense in the United States.

Avatr is a Chongqing-headquartered premium electric vehicle brand launched in 2021 by Changan Automobile, Huawei, and CATL. It produces sedans like the Avatr 11 SUV with 90 kWh batteries offering 680 km range and Level 3 autonomy features. The company has delivered over 20,000 vehicles in China, expanding to smart cabins and OTA updates.

Zhiji Auto is a Shanghai-based maker of premium intelligent electric vehicles sold under the IM brand. It was established in December 2020 as a joint venture of SAIC Motor, Alibaba Group and Zhangjiang Hi-Tech, and the IM brand was presented in January 2021. Its range includes the L7 and L6 sedans and the LS6 and LS7 sport utility vehicles, which use a four-wheel-steering digital chassis, lidar and an Nvidia Orin X computing platform. The company earns revenue from vehicle sales to consumers through its own experience centres and online ordering. It completed a first market-based Series A round in August 2022 at a post-money valuation of nearly 30 billion yuan, and a Series B round raised a total of 9.4 billion yuan in 2024 from state-owned and market-oriented investors including Bank of China Asset Management, CATL, Momenta and ICBC Investment. SAIC Motor remains the largest shareholder.

Engineering group making steel tubes, chains, metal-formed auto parts, bicycles and electric vehicle products. It also holds group stakes in finance and mobility units. Headquartered in Chennai.

Smart is an automotive brand producing compact urban vehicles under a joint venture between Mercedes-Benz Group and Geely, with manufacturing in Hambach, France, and Bovisio-Masciago, Italy. The company offers the smart fortwo coupe, cabriolet, and forfour models, enhanced by BRABUS tuning packages that boost engine output to 109 horsepower from the standard 91-horsepower rear-mounted electric or gasoline powertrains. BRABUS variants feature 18-inch alloy wheels, lowered sports suspension, and exclusive leather interiors in the Xclusive trim. Launched in 1998, Smart vehicles emphasize rear-engine layout for tight parking maneuvers and city navigation across Europe, North America, and Asia.

Coherent's Silicon Carbide unit produces power devices and substrates for electric vehicle powertrains, including inverters and onboard chargers. Based in Warren, New Jersey, the division supplies substrates to Wolfspeed and devices to automotive OEMs like Tesla and Volkswagen. Its 200mm SiC wafers support 800V architectures in models such as Porsche Taycan.

Maker of automotive driveline and motor components such as differential gears, starter motors and traction motors for electric vehicles. Customers are global vehicle makers. Headquartered in Gurugram.

Redwood Materials is a Carson City, Nevada company that recycles lithium-ion batteries and battery manufacturing scrap, refines the recovered metals and produces battery materials, and has expanded into grid-scale energy storage built from retired electric vehicle batteries. It was founded in 2017 by JB Straubel, a co-founder and former chief technology officer of Tesla, and processes scrap from Panasonic's Nevada battery plant. Customers buy recovered cobalt, nickel, copper and lithium and cathode active material produced at its Nevada and South Carolina sites. Investors include Capricorn, Breakthrough Energy Ventures, Amazon's Climate Pledge Fund, T. Rowe Price, Goldman Sachs Alternatives, Baillie Gifford, Eclipse, NVentures and Google. It raised a Series E of 425 million dollars that closed in January 2026 at a valuation reported above 6 billion dollars, and it reported about 200 million dollars of revenue in 2024. In 2023 it bought the German recycler Redux Recycling to start European operations.

ENOVATE Motors is a Shanghai-headquartered manufacturer of high-end new energy electric vehicles. The company produces intelligent models like the ME7 SUV, integrating global design, premium materials, and advanced interconnection features. ENOVATE emphasizes user-defined mobility with autonomous driving capabilities, over-the-air updates, and smart cabin technologies. Operating from facilities in Chongqing, it supplies vehicles to the Chinese market and explores international expansion through partnerships.

Sigenergy Technology Co Ltd focuses on developing cutting-edge all-scenario energy solutions, with products ranging from energy storage systems to solar inverters and EV chargers. Its Products are SigenStor, Sigen LoadHub, SigenMicro Inverter, SigenStor EV DC, Sigen EV AC Charger, mySigen App, and Sigen Cloud. The business encompasses the research, development, application, production, and sales of renewable energy solutions, including photovoltaic inverters.

Ninebot Ltd is engaged in the research and development, design, manufacturing, distribution and sales of short-distance transportation products. The products offered by the company include electric balance bikes and electric scooters for short distance commuting.