
Suzhou Xidian New Energy Electric
Electrical connection solutions for new energy applications.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Late VC | |
Total Funding | 000k |
Suzhou Xidian New Energy Electric Co., Ltd. is a designer and manufacturer of electrical power connection products. Founded in 2007 by the husband-and-wife team of Sheng Jianhua (SHENG JIAN HUA) and Pan Shuxin (PAN SHU XIN), the company is located in Suzhou, China. Sheng, a senior engineer, previously worked as a research and development test engineer at the China Automotive Technology and Research Center and later as a production technology supervisor at Schneider Electric. Pan also worked with Sheng during his time at the research center before moving to Motorola as a business manager. Together, they established the company with an initial investment of $100,000 USD. The company went public on the Shanghai Stock Exchange on January 11, 2024.
The company's main business is the research, development, and sale of electrical connection technology, focusing on heat press-fit processes. Its primary products are battery connection systems and industrial and electronic control busbars, which are crucial components for electrical connections within battery modules. These products are supplied to clients in the new energy vehicle and electrochemical energy storage sectors. Key clients include major industry players such as CATL, BYD, Faratronic, CRRC, Sungrow, Gotion High-tech, Westinghouse Brake, and Rockwell. The company's products are also used in vehicles from Tesla, Nio, Li Auto, Xpeng, and Seres. Revenue is generated through the design, manufacture, and sale of these electromechanical parts and components, along with related technical services.
Keywords: electrical connection, battery connection systems, busbars, new energy vehicles, electrochemical energy storage, power electronics, laminated busbars, automotive components, energy storage solutions, Sungrow supplier, CATL supplier, BYD supplier, industrial electrical components, power distribution, electric vehicle technology, Suzhou, China, SHENG JIAN HUA, PAN SHU XIN, public company