Li Auto Injects 2.65 Billion Yuan Into Sunwoda Power Battery
Li Auto said it will inject 2.65 billion yuan into Sunwoda Power Battery Technology by subscribing for a capital increase that adds 1.3995 billion yuan of registered capital. The move grants Li Auto an 8.79% direct stake (11.17% combined) and raises Sunwoda’s registered capital to 15.915 billion yuan. Sunwoda retains operational control, keeping the unit in its consolidated statements. Li Auto plans to back battery technology improvements users can feel, including high capacity and faster charging.