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
Sungrow: The Global Energy Storage Market Is Expected to Grow by 30–50 in 2026
Common.Time.hoursAgo
Sungrow: The Global Energy Storage Market Is Expected to Grow by 30–50 in 2026
Read More
Sungrow: The Global Energy Storage Market Is Expected to Grow by 30–50 in 2026
Sungrow: The Global Energy Storage Market Is Expected to Grow by 30–50 in 2026
At a conference call on March 31, Sungrow stated regarding the company’s overall target plan for energy storage shipments in 2026 that the global market is expected to grow by 30–50 in 2026. With raw material prices rising, some projects were in a wait-and-see stage, but the demand should still exist and would only be deferred. The company will strive based on the upper end of market growth, hoping to achieve more than 60 Gwh.
Common.Time.hoursAgo
SK Innovation E&S Launches Largest ESS Facility in New York
Common.Time.hoursAgo
SK Innovation E&S Launches Largest ESS Facility in New York
Read More
SK Innovation E&S Launches Largest ESS Facility in New York
SK Innovation E&S Launches Largest ESS Facility in New York
SK Innovation E&S has completed and begun operations of the largest energy storage system (ESS) facility in New York State. According to industry sources on the 31st, its subsidiary KCE launched the KCE NY 6 battery storage facility located on Electric Avenue in Blasdell, Erie County. The project, with a capacity of 20MW (45.6MWh), is the largest single ESS site constructed in New York at the time of its commissioning and is directly connected to the local power grid.
Common.Time.hoursAgo
Tozero Launches Industrial Demo Plant to Recover Lithium from Waste Batteries
Common.Time.hoursAgo
Tozero Launches Industrial Demo Plant to Recover Lithium from Waste Batteries
Read More
Tozero Launches Industrial Demo Plant to Recover Lithium from Waste Batteries
Tozero Launches Industrial Demo Plant to Recover Lithium from Waste Batteries
German company, Tozero, announced on March 27 (local time) the official launch of its industrial-scale demonstration plant. The company has built a facility at the Gendorf chemical park in Bavaria, Germany, capable of processing more than 1,500 tons of waste batteries annually. The process enables the recovery of lithium carbonate, graphite, and nickel-cobalt mixtures from spent batteries for reuse as battery raw materials. The plant is expected to recycle resources equivalent to batteries from approximately 6,000 electric vehicles per year, reducing reliance on landfill disposal.
Common.Time.hoursAgo
Recently, Shenzhen Hoypower Technology Co., Ltd. announced the complet - Shanghai Metals Market (SMM)