Li Auto invests $390M in Sunwoda EVB, becoming second-largest shareholder in Series C++ round.
Amount Raised
$390 Million
Round Type
Series C
ShandongManufacturingRenewable EnergyAutomotiveInvestors
Description
Li Auto announced a 2.65 billion yuan ($390 million) investment in Sunwoda Electric Vehicle Battery Co Ltd, acquiring an 8.79% stake and becoming the battery maker's second-largest shareholder. The investment is part of Sunwoda EVB's Series C++ funding round, valued at approximately 30.14 billion yuan post-investment. Li Auto's related entities will hold a combined 11.17% stake, strengthening the companies' partnership in battery technology and manufacturing. The transaction has received board approval and uses the same pricing as previous Series C and Series C+ rounds.
Who else raised in Renewable Energy and Automotive around the same time
Companies in the same sectors as Sunwoda Electric Vehicle Battery Co Ltd that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $400M (Debt Financing) on October 9, 2026.
- TI Clean Mobility Private Limited raised $26M (Series C) on September 30, 2026.
- Yuma Energy raised $35M on September 1, 2026.
- Matel raised $14M (Series B) on August 8, 2026.
- Gauss Fusion raised an undisclosed amount (Series A) on October 19, 2026.
- NOVUS raised an undisclosed amount on October 19, 2026.
Who to call at Sunwoda Electric Vehicle Battery Co Ltd, and when
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