[Solid-state battery: SEVC POWER completes several hundred million yuan financing, accelerating industrialisation of sulphide all-solid-state battery]

Published: Aug 26, 2026 11:09

Save

[Solid-State Batteries: SEVC POWER Completed Several Hundred Million Yuan in Financing, Accelerating the Industrialisation of Sulphide All-Solid-State Batteries] On 26 August 2026, solid-state battery enterprise SEVC POWER announced that it had completed external financing of several hundred million yuan. This round was co-led by existing shareholders Saike Investment and CICC Capital, with Zhongguancun Qihang, Dingfeng Kechuang, Zhongguancun Yulin, Linjie Venture Capital, Yibin Talent Fund, and Yibin Zhengchuang participating as co-investors. The proceeds will be used for the construction and capacity expansion of production lines for sulphide electrolytes, high-safety batteries, all-solid-state battery cells, and PACK, and to continuously advance the development of the material system, solid–solid interface, cycle life, and continuous manufacturing processes for sulphide all-solid-state batteries, while also expanding the R&D, engineering manufacturing, and marketing teams. The company was recently certified as an “Innovative Small and Medium-sized Enterprise of Sichuan Province (2026)” and was listed on the GEI China Potential Unicorn Enterprise List, marking dual recognition from both capital markets and the industry in the industrialisation track for sulphide all-solid-state batteries.

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 for 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

2 mins ago

SK Innovation to Absorb SK IE Technology Through Merger

SK Innovation will fully absorb its subsidiary SK IE Technology (SKIET) through a merger, five years after SKIET’s listing. SK Innovation and SKIET announced on August 25 that their respective boards of directors approved the merger plan.

2 mins ago

3 mins ago

【EV: MIIT Pushes NEV Rural Campaign, Targets Full County-Level Charging Coverage】

At a State Council press conference on August 26, the Ministry of Industry and Information Technology said that during the 15th Five-Year Plan period China will carry out vehicle trade-ins, NEV rural campaigns and pilot programs to shore up county-level charging and swapping infrastructure, aiming for charging stations in every county and charging piles in every township, alongside measures such as optimizing NEV insurance policies and cutting repair costs. Officials noted NEV annual sales rose from 1.367 million to 16.49 million units during the 14th Five-Year Plan, with NEVs' share of new car sales climbing from 5.4% to 47.9%, and China now accounts for over 70% of global NEV, power battery and key material output. A digital ID system for retired power batteries will also be introduced, targeting over one million tonnes of comprehensive utilization by 2030.

3 mins ago

【Lithium: Easpring's H1 Revenue Jumps 136% to RMB 10.48bn on Strong Cathode Sales】

Easpring Technology reported on August 25 that its H1 2026 revenue reached RMB 10.475 billion, up 136.33% YoY, with net profit of RMB 520 million, up 67.25%. Growth was driven by higher lithium battery cathode material sales volumes and product prices rising with raw material markets. Its main exports include polycrystalline (NCM), LCO and LFP/LMFP cathode materials, with overseas revenue of RMB 3.655 billion accounting for 34.89% of total revenue, a higher share than a year earlier.

3 mins ago