Sunwoda announced that Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda Auto Battery), a subsidiary of Sunwoda, recently received a “Volvo Cars”) regarding the supply of battery cell products.
Volvo Cars are one of the world’s major automobile manufacturing companies, and this time Sunwoda has become one of Volvo Cars’ power battery product suppliers.
Sunwoda previously stated on the investor interaction platform that the company has a full order for power batteries, and the company has begun to build corresponding production lines based on customer order needs and market conditions to meet customer needs.
According to the data on the installed volume of domestic power battery companies in October 2022 released by the China Automotive Power Battery Industry Innovation Alliance, Sunwoda ranked fifth with an installed volume of 5.50GWh and a domestic market share of 2.45%.
