Changan Automobile Invests in Talonew Energy, Boosting Solid-State Battery Tech for EVs

Published: Aug 28, 2024 13:34

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[Changan Automobile Takes a Stake in Talonew Energy] Talonew Energy announced on August 26 that the company had recently completed a round B strategic financing of hundreds of millions of yuan. This financing was jointly funded by Anhe Fund under Changan Automobile and multiple funds under the China South Industries Group Corporation. This is the sixth round of financing for Talonew Energy and the third case of deep integration between a large domestic auto company and a solid-state battery company, following SAIC Motor and Qingtao Energy, as well as NIO and Weilan Energy, marking the acceleration of the industrialized application of solid-state battery technology in new energy vehicles.

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