SVOLT Energy
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.
SVOLT Energy - overview
Established
2016
Location
Baoding, -, China
Primary Industry
Energy Storage & Batteries
About
Founded in 2016 and based in Baoding, China, Honeycomb Energy Technology Co. , Ltd. , doing business as Svolt Energy Technology Co. Ltd.
, operates as a developer of energy storage and battery technology. The company was founded by its CEO, Yang Hongxin. Honeycomb Energy Technology Co. , Ltd.
has more than 3,100 employees. In July 2021, the company received its latest Series B funding from a group of investors that includes Bank of China Group Investment, National Fund for Technology Transfer and Commercialization, and Country Garden Venture Capital. The company offers various battery technologies including a core suitable for PHEV models with a pure electric range of 80km, a module intended for PHEV models in the module integrated BMS board, a battery pack for improving battery life, and a battery management system that offer security solutions from requirements, software, hardware, and testing to calibration. It also develops electric vehicle battery (EVB) materials, cells, modules, PACK, BMS, an energy storage system (ESS), and solar energy research & development and manufacturing.
The company also offers an artificial intelligence (AI) platform for pure electric vehicles such as luxury cars and class A family cars. The company's revenue is generated by the sales of its various battery technologies to different industries. The company plans to use the latest Series B funding to improve its research & development and develop new technologies and construction of new factories in Changzhou, Suining, Huzhou, Ma’anshan, and Nanjing in China and expansion in the European region.
Current Investors
CS Capital, Bank of China Group Investment, CMG-SDIC Capital Management
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.svolt.cn
Verticals
Artificial Intelligence, Manufacturing, Research (Non-Medical)
Company Stage
Series B
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.