SVOLT Aims for Full-Year Profitability by 2026, Faces Soaring Raw Material Costs as Biggest Challenge

Yang Hongxin, Chairman of SVOLT Energy, recently stated that the company achieved its first quarterly profit in Q4 2025 and aims to reach full-year profitability in 2026. To capitalize on the booming market for high-purity electric-range extended hybrid vehicles, SVOLT has launched an 80 kWh high-capacity hybrid battery capable of fast charging to 80% state of charge in just 10 minutes. The company also unveiled its semi-solid-state battery technology, focusing on enhancing the safety of ternary lithium-ion batteries. Despite achieving a 2025 shipment volume of 41 GWh—a 53% year-over-year increase—Yang acknowledged that soaring raw material prices, such as lithium carbonate rising from RMB 60,000 to RMB 170,000 per ton, represent the company’s biggest current challenge. Additionally, declining European orders and the scheduled elimination of export tax rebates on batteries starting in 2027 will further impact profitability. To address these pressures, SVOLT is advancing through technological upgrades, economies of scale, and localized overseas operations, while actively progressing toward an IPO.