Chassis-by-wire tech firm Trugo Tech nabs 400 million yuan in Series B financing

Japan's Terra Charge will launch Tesla-compatible EV charging stations, with installation of Tesla-standard equipment set to begin in fiscal year 2028.

[Solid-State Battery: Ganfeng Lithium's 500 Wh/kg-Class 10 Ah Product Achieves Small-Batch Mass Production] On August 29, 2026, Ganfeng Lithium's semi-annual report disclosed that its 400 Wh/kg battery achieved a cycle life of over 1,100 cycles and completed engineering validation, and the world's first 500 Wh/kg-class 10 Ah product achieved small-batch mass production; a product gradient was established across 320-480 Wh/kg, with the 320 Wh/kg battery cell exceeding 1,000 cycles. Multiple silicon-based and lithium metal batteries were supplied in batches to industrial and consumer drones, and robotics products completed adaptation testing and small-batch supply. H1 revenue was 23.097 billion yuan (+175.75%), and net profit attributable to the parent was 4.257 billion yuan, a YoY turnaround to profit; the revenue contribution from solid-state batteries was not separately disclosed.

[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.