Hoypower Completes Hundreds Of Millions Of Yuan In Series A+ Financing

Published: Mar 27, 2026 14:18
Recently, Shenzhen Hoypower Technology Co., Ltd. announced the completion of a Series A+ financing round worth hundreds of millions of yuan. Since the mass production of its solid-state batteries, Hoypower's revenue scale has achieved a compound annual growth rate exceeding 100%, with cumulative shipments surpassing 100 million units. Its large-scale delivery capabilities have been highly recognized by leading customers. Hoypower has successfully achieved key technological breakthroughs in solid-state batteries, including silicon-based anode systems with an energy density ≥400Wh/kg and lithium metal anode systems with an energy density ≥500Wh/kg. These advancements can meet the demands of low-altitude economy unmanned aerial vehicles for high safety and long endurance.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM New Energy News】MIIT Issues 2026 Auto Standardization Guidelines to Advance EV and Battery Standards
Common.Time.hoursAgo
【SMM New Energy News】MIIT Issues 2026 Auto Standardization Guidelines to Advance EV and Battery Standards
Read More
【SMM New Energy News】MIIT Issues 2026 Auto Standardization Guidelines to Advance EV and Battery Standards
【SMM New Energy News】MIIT Issues 2026 Auto Standardization Guidelines to Advance EV and Battery Standards
On May 26, the MIIT released its 2026 automotive standardization work priorities, focusing on expanding NEV standards. For power batteries, the ministry will accelerate safety standards for dismantling and crushing, and promote standards for battery dimensions and thermal management systems. Research will also deepen into battery cycle life, safety and performance evaluation, labeling, recycling, and BMS. Additionally, guidelines emphasize reviewing standards for chassis battery swapping, V2G, and automated charging.
Common.Time.hoursAgo
【Domestic Dynamics: Sunwoda 50,000-Ton Battery Recycling Phase I Begins Production】
Common.Time.hoursAgo
【Domestic Dynamics: Sunwoda 50,000-Ton Battery Recycling Phase I Begins Production】
Read More
【Domestic Dynamics: Sunwoda 50,000-Ton Battery Recycling Phase I Begins Production】
【Domestic Dynamics: Sunwoda 50,000-Ton Battery Recycling Phase I Begins Production】
【Domestic Dynamics: Sunwoda 50,000-Ton Battery Recycling Phase I Begins Production】 Tengzhou Sunwoda's Phase I lithium-ion battery recycling project has commenced full production in 2026. Spanning 200 acres, the facility fills a critical downstream gap in the regional new energy supply chain. ​Operating on a closed-loop model, its 1.1-km automated line can process 50,000 tons of waste batteries annually—equivalent to recycling 60,000 EVs. ​The highly automated line integrates dismantling, pyrolysis, crushing, and restoration, achieving a 98.5% core element recovery rate to produce high-value black mass. ​By converting waste into lithium, nickel, and cobalt, the project resolves local material shortages and enhances regional supply chain security.
Common.Time.hoursAgo
【SMM New Energy News】Shenzhen 15th Five-Year Plan Aims for World-Class Advanced Energy Storage Center
Common.Time.hoursAgo
【SMM New Energy News】Shenzhen 15th Five-Year Plan Aims for World-Class Advanced Energy Storage Center
Read More
【SMM New Energy News】Shenzhen 15th Five-Year Plan Aims for World-Class Advanced Energy Storage Center
【SMM New Energy News】Shenzhen 15th Five-Year Plan Aims for World-Class Advanced Energy Storage Center
The Shenzhen 15th Five-Year Plan outline proposes accelerating the construction of a world-class new energy storage industry center, promoting the entire "generation-grid-load-storage" chain. Meanwhile, Shenzhen will expand its local NEV manufacturing scale, aiming for strategic emerging industry added value to top RMB 2.3 trillion by 2030.
Common.Time.hoursAgo
Recently, Shenzhen Hoypower Technology Co., Ltd. announced the complet - Shanghai Metals Market (SMM)