Lead Story
Sep 4, 2026
Li Auto invests $390M in Sunwoda EVB, becomes second-largest shareholder
Chinese electric vehicle maker Li Auto will invest 2.65 billion yuan ($390 million) in Sunwoda's power battery subsidiary, acquiring an 8.79% direct stake and becoming the second-largest shareholder. The strategic investment aims to strengthen long-term collaboration on battery technology, manufacturing quality, and user value beyond financial backing.
Priya Sharma