From：Internet Info Agency 2026-11-01 16:30:00
On October 29, Sunwoda announced that its power battery subsidiary Sunwoda Power plans to conduct a new round of capital increase and introduce Hanxing Venture Capital Co., Ltd., a wholly-owned subsidiary of Xiaomi Technology Co., Ltd., as a shareholder. Hanxing Venture Capital will invest 1.7 billion yuan to subscribe to approximately 898 million yuan of newly registered capital in Sunwoda Power. Upon completion of the transaction, Hanxing Venture Capital will hold a 5.34% stake in Sunwoda Power, becoming its third-largest shareholder. The stake of the largest shareholder, Sunwoda Huizhou New Energy Co., Ltd., will drop from 24.06% to 22.78%, while Beijing Li Auto Co., Ltd.'s stake will fall from 8.79% to 8.32%, remaining the second-largest shareholder. In September 2026, Li Auto announced a 2.65 billion yuan capital increase in Sunwoda Power for an 8.79% stake. After this round of capital increase, together with the equity previously held through Chongqing Chezhiyuan Venture Capital Co., Ltd., Li Auto's affiliated entities will hold a combined stake of approximately 10.57%. Li Auto and Xiaomi have successively invested a total of 4.35 billion yuan in Sunwoda Power. In September 2026, Xiaomi released its Longjia battery strategic cooperation plan, with Sunwoda Power and CALB participating in the cell supply for Xiaomi's Longjia batteries. On October 29, Dongfeng Motor and CATL signed a group-level strategic cooperation agreement, the third such collaboration between the two parties. Under the plan, the two sides will jointly develop next-generation ultra-fast charging technology, with 10C and above ultra-fast charging products debuting on brands including Voyah, M-Hero, and Yijing. The two parties will jointly develop a full-series battery swap architecture for passenger and commercial vehicles, promote the integration of battery swap systems into brands such as eπ, Yijing, and M-Hero, and support brands including Dongfeng Commercial Vehicle and Chenglong in launching battery swap models. In overseas markets, the two sides will leverage overseas resources to jointly build after-sales networks and promote nearby supply from production bases. On October 26, Audi announced that it is joining hands with China FAW and SAIC Motor to comprehensively deepen the implementation of its "dual-brand, dual-partner" strategy. For the Four Rings brand, Audi and China FAW will cover luxury new energy models as well as next-generation intelligent fuel vehicles. Audi and SAIC Motor will further focus on deepening AUDI (Audi letter mark), and the Audi Innovation Technology Center dedicated to the AUDI brand has been completed in Shanghai. Officials made clear that SAIC Audi can still normally sell Four Rings products until the end of 2027; after-sales services for SAIC Audi's Four Rings brand products and the all-new AUDI brand products will both remain in operation. On October 30, Tesla China updated its official website car purchase financial policy and launched an installment plan called "Te Congrong." The Model 3 Rear-Wheel Drive version is priced at 235,500 yuan. Under the "Te Congrong" plan, the down payment starts at 39,900 yuan, with a balloon payment of 39,900 yuan at the end of the term, and a maximum monthly payment of about 2,429 yuan over five years, interest-free throughout. If choosing the regular "5-year 0-interest" plan without a balloon payment, the minimum down payment drops from 79,900 yuan to 39,900 yuan, with a maximum monthly payment of about 3,094 yuan over five years. The company simultaneously extended its limited-time offers, with a 10,000 yuan reduction on the Model 3 balloon payment and a 4,000 yuan reduction on the Model Y balloon payment. In February, Tesla had launched a combined plan of 7-year ultra-low interest and 5-year 0-interest. Data from the China Passenger Car Association showed that Tesla's retail sales in China in the first nine months of 2026 totaled 381,100 vehicles, down 11.9% year on year. On October 27, CATL stated in response to investor questions on the Shenzhen Stock Exchange's Hudongyi platform that all-solid-state batteries are expected to achieve small-batch production in 2027 and move toward large-scale mass production around 2030. CATL mainly focuses on the sulfide system and has built a 10Ah-level validation platform. Its sulfide solid-state batteries have entered the 20Ah sample trial production stage, with a target energy density of about 500Wh/kg. According to the company's 2025 annual report, R&D expenses that year were 22.147 billion yuan, up 19.02% year on year, and the all-solid-state battery R&D team has expanded to more than 1,000 people. CATL Chairman Zeng Yuqun previously said at the Summer Davos Forum that if technology maturity is divided into levels 1 to 9, all-solid-state batteries are currently at level 4. Samsung SDI has set its mass production target for all-solid-state batteries in the second half of 2027, Toyota's mass production preparations for its sulfide route point to that period, and BYD has also clearly set a target of small-batch production in 2027.
