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Xiaomi to invest $253 million in Sunwoda EVB for 5.34% stake to enhance battery collaboration.

Oct 30, 2026

Contract Type

partnership

ShanghaiHardwareInternet ServicesTransportation

Description

Xiaomi plans to invest approximately $253 million for a 5.34% stake in Sunwoda Electric Vehicle Battery Co Ltd, becoming its third-largest shareholder. This investment is part of a partnership to deepen ties in the electric vehicle battery sector, while Sunwoda terminates its Hong Kong listing plan.

Company Information

Company

Xiaomi

Location

Shanghai, Shanghai, China

About

The firm in August launched its latest product AT128, an auto-grade hybrid solid-state lidar for ADAS. The firm posted revenues of 253.2 million yuan ($39.6 million) in the first nine months of 2020.

Predictive Intelligence
Strategic

ML-powered predictions for Xiaomi's next move

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Agreement Insights

What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

Xiaomi signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.