Tesla Opens Supercharger Network to Non-Tesla Vehicles

On May 25, the board of directors of Sunwoda reviewed and approved a proposal regarding the capital increase and share expansion of its subsidiary, Sunwoda Power. It agreed that 13 enterprises—including Gongrong Financial Investment, Yuanzhi Gongrong, Nongyin Investment, Zhongyou Investment, Jinyan Business Management, Deyang Investment Holdings, Regional Synergy Fund, Zhigu Investment, United Winners Laser, Yinghe Technology, Jiaxing Jixin, Yip's Chemical, and Luohu High-Tech Investment—would jointly invest a total of 1.6798 billion yuan to increase the capital of Sunwoda Power. These enterprises will collectively hold 6.30% of Sunwoda Power's shares, while Sunwoda's equity stake in Sunwoda Power will change from 29.00% to 27.18%.

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.

【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.