Beijing WeLion New Energy Technology Co., Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Beijing WeLion New Energy Technology Co., Ltd. - overview
Established
2016
Location
Beijing, -, China
Primary Industry
Energy Storage & Batteries
About
Established in 2016 and based in Beijing, China, Beijing WeLion New Energy Technology Co. , Ltd. is a lithium battery company that provides solid-state lithium batteries. It was incubated by the Key Laboratory for Renewable Energy, Chinese Academy of Sciences.
It has four production bases in Beijing, Zhejiang, Shandong, and Jiangsu. In July 2019, its production line started to operate in Jiangsu. In July 2020, the company passed the IATF16949 quality system certification. In May 2021, it has 200 invention patents.
Moreover, Beijing WeLion New Energy Technology Co. , Ltd. , become one of the suppliers of Nio Limited and offers endurance 100 kilometers solid-state batteries. The company's products can be categorized into solid cells and solid battery modules.
The solid cells include 22Ah solid-state lithium-ion batteries, 23Ah solid-state lithium-ion batteries, 27Ah solid-state lithium-ion batteries, and 30Ah solid-state lithium-ion batteries. The solid battery modules include solid-state lithium-ion packs 2700mAh, solid-state lithium-ion packs 3000mAh, and solid-state lithium-ion packs 2200mAh. Those products are used in the fields of new energy vehicles and ships, and large-scale energy storage. Revenue is generated through battery cell sales to EV makers, energy storage integrators, and aerospace clients.
Additional income may come from licensing, joint ventures, and system-level integration services.
Current Investors
Summitview Capital, Tengye Ventures, Hyperstrong
Primary Industry
Energy Storage & Batteries
Sub Industries
Automobiles, Other Vehicles & Parts, Energy Storage & Batteries
Website
www.solidstatelion.com
Verticals
Electric & Hybrid Vehicles, Manufacturing
Company Stage
Series D
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.