Beijing WeLion New Energy Technology Co., Ltd. (“WeLion”) recently introduced several new investors, including affiliated companies of Xiaomi, Huawei, and Geely.
Main productsIntelligent Driving Solutions Highway Driving Assistance Solutions, Urban Driving Assistance Solutions, Fully Automated Parking Solutions, Automated Valet Parking Solutions, Integrated Driving and Parking Solutions Perception Hardware Dual-Optical-Path Image-Grade Lidars, 4D Millimeter-Wave Radars, Corner Millimeter-Wave Radars, Front Cameras, High-Precision Positioning Modules Cockpit Hardware In-Vehicle Center Displays, In-Vehicle Dual Linked Displays, Augmented Reality Head-Up Displays, In-Vehicle Audio Systems, Smart Headlight Modules, Driver Monitoring Modules, Occupant Monitoring Modules Software and Cloud Services In-Vehicle Operating Systems, Cockpit Multimodal Interaction Systems, In-Vehicle Infotainment Systems, In-Vehicle Voice Assistants, AI Multimodal Large Models, Firmware Over-the-Air Upgrade Services, Software Over-the-Air Upgrade Services, Driver Monitoring Algorithm Software, Occupant Monitoring Algorithm Software, Digital Keys, Vehicle Remote Diagnostic Services, In-Vehicle Navigation Maps, Map Navigation Engines Domain Controllers and Chips Intelligent Driving Domain Controllers, Cockpit Domain Controllers, Integrated Driving-and-Parking Domain Controllers, Intelligent Driving Domain Control Chips, Cockpit Domain Control Chips, Intelligent Driving System-on-Chips, In-Vehicle Communication Terminals, In-Vehicle Communication Modules, 5G Communication Chips Electric Drive and Charging Products Multi-in-One Electric Drive Systems, On-Board Charging Systems, Fully Liquid-Cooled Ultra-Fast Charging Stations
Shanghai (Gasgoo)- Chinese solid-state battery developer Beijing WeLion New Energy Technology Co., Ltd. (“WeLion”) recently introduced several new investors, including affiliated companies of Xiaomi, Huawei, and Geely.
WeLion's solid-state lithium ion battery pack; photo credit: WeLion
According to the corporate database Tianyancha, the new investors affiliated to the aforesaid tech giants and automakers are Hubei Xiaomi Yangtze River Industry Investment Fund Partners (Limited Partnership) (a Xiaomi-backed industry fund), Shenzhen Hubble Technology Investment Partners (Limited Partnership) (a subsidiary of Huawei Technologies Co., Ltd.), and Ningbo Geely Blue Initiative Business Management Partners (a subsidiary of Zhejiang Geely Holding Group).
With the introduction of new investors, the registered capital of WeLion has increased by 5.74% to 61,367,286 yuan ($9.638 million).
Founded in 2016, WeLion focuses on the R&D and production of hybrid solid-liquid electrolyte lithium-ion batteries and all-solid-state lithium batteries. It is the only industrialization platform of solid-state battery technologies from the Key Laboratory of Renewable Energy of Institute of Physics, Chinese Academy of Sciences. Headquartered in Beijing, it has three production bases in Fangshan in Beijing, Liyang in Jiangsu, and Huzhou in Zhejiang.
At the China EV100 Forum 2022 held last weekend, Li Hong, founder of WeLion, said the company is working with NIO to launch a hybrid solid-liquid electrolyte battery with a range of 1,000 kilometers on a single charge, based on the ET7 model. The volume production of the battery is likely to start at the end of 2022 or in the first half of 2023.
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com
