Svolt

Svolt

High-tech new energy company that specializes in energy technology, including electric vehicle battery (EVB) materials, cells, modules, PACK, BMS, energy storage system (ESS) and solar energy R&D and manufacturing.

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CNY6.0b

Valuation: CNY26.0b

Series B
Total Funding000k
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Svolt Energy Technology Co., Ltd., a Chinese innovator in battery technology, was founded in 2018 as a spin-off from Great Wall Motor. The company was established under the leadership of Hongxin Yang, who envisioned a future where electric vehicles (EVs) would dominate the automotive landscape. Svolt quickly gained recognition for its pioneering work in cobalt-free EV batteries and ultra-fast charging technologies.

In its early years, Svolt focused on developing cutting-edge battery solutions that would set new standards in the industry. The company's commitment to innovation was evident in its introduction of the 'Short Blade' 6C lithium battery, capable of charging from 10% to 80% in just five minutes. This breakthrough positioned Svolt as a leader in the fast-evolving EV battery market.

One of the significant milestones in Svolt's journey was its decision to cease European operations in 2024, a strategic move driven by market challenges. Despite this setback, Svolt continued to expand its global reach, leveraging its technological advancements to forge strategic partnerships and enhance its market presence.

Today, Svolt stands as a testament to the transformative power of innovation in the energy sector. Under the guidance of Hongxin Yang, the company remains committed to driving the future of sustainable transportation, continually pushing the boundaries of what's possible in battery technology.

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