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
EVE Energy: Subsidiary EVE Power to Invest in Construction of 60GWh Power and Energy Storage Battery Project in Jingmen
1 hour ago
EVE Energy: Subsidiary EVE Power to Invest in Construction of 60GWh Power and Energy Storage Battery Project in Jingmen
Read More
EVE Energy: Subsidiary EVE Power to Invest in Construction of 60GWh Power and Energy Storage Battery Project in Jingmen
EVE Energy: Subsidiary EVE Power to Invest in Construction of 60GWh Power and Energy Storage Battery Project in Jingmen
On March 30, EVE Energy announced that its subsidiary, Hubei EVE Power Co., Ltd., plans to enter into a contract with the Shayang County People's Government and the Management Committee of Jingmen High-tech Industrial Development Zone regarding cooperation on the construction of a 60GWh power and energy storage battery project in Jingmen City. This project has a planned total investment of RMB 6 billion to construct a 60GWh power and energy storage battery facility. The board of directors authorizes the company's management to handle all subsequent matters related to this project and to sign the relevant procedures and documents in connection with the project.
1 hour ago
China's First 3,000 kW Electric Locomotive with Charging and Swapping Launched at Lianyungang Port
1 hour ago
China's First 3,000 kW Electric Locomotive with Charging and Swapping Launched at Lianyungang Port
Read More
China's First 3,000 kW Electric Locomotive with Charging and Swapping Launched at Lianyungang Port
China's First 3,000 kW Electric Locomotive with Charging and Swapping Launched at Lianyungang Port
On March 30, accompanied by a resounding whistle, the nation’s first 3,000 kW pure electric locomotive integrating charging and battery swapping slowly entered the port railway marshalling yard of Lianyungang Port and was officially put into operation.
1 hour ago
HiNa Battery Hosts 2026 Sodium-Ion Conference, Launches New Products and Extreme-Cold Test Data
1 hour ago
HiNa Battery Hosts 2026 Sodium-Ion Conference, Launches New Products and Extreme-Cold Test Data
Read More
HiNa Battery Hosts 2026 Sodium-Ion Conference, Launches New Products and Extreme-Cold Test Data
HiNa Battery Hosts 2026 Sodium-Ion Conference, Launches New Products and Extreme-Cold Test Data
The 2026 Global Sodium-Ion Battery Industry Ecosystem Conference hosted by HiNa Battery was held in Jiangxia District, Wuhan. At the conference, HiNa Battery launched sodium-ion battery products covering application scenarios such as starter batteries, energy storage, and electric heavy-duty trucks, and simultaneously disclosed extreme-cold test data for sodium-ion battery heavy-duty trucks.
1 hour ago