June 27, 2022

Xiaomi‘s Hanxing Project Capital has reportedly performed funding to transform the third-largest shareholder of KBVIP, assigning Li Xiaoshuang, the core determine in Xiaomi‘s automobile manufacturing department, as a director in control of getting into the sector of built-in battery methods.

In keeping with its reputable web site, KBVIP used to be established in 2020 as a three way partnership of BACN and CATL. The corporate takes benefit of its distinctive large information detection and electrical automobile charging services and products to offer customers with built-in energy stations and repair answers. At the moment, it has constructed just about 20 clever energy stations offering photovoltaic power garage and charging.

Cut up sort power garage cupboard (Supply: KBVIP)

Chen Shengwang, CEO of KBVIP, mentioned that the corporate will expand rapid charging and battery detection generation for electrical automobiles, and construct a world photovoltaic power garage and charging community prior to 2030 to serve the 2 primary fields of power garage and automobile aftermarket. In June of final 12 months, the company signed a cooperation settlement with Aiways Car, and the 2 events will cooperate on “photovoltaic power garage, charging, and detection.”

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Xiaomi has already performed more than a few investments on this box. On March 24, Beijing Welion New Power altered its registration with the Business and Business Management, including Hubei Xiaomi Changjiang Business Funding Fund Control. Welion New Power is a solid-state lithium battery developer, and has reached strategic cooperation with well known enterprises reminiscent of SAIC, FAW and NIO. The hybrid solid-liquid battery produced in cooperation with NIO

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is predicted to begin mass manufacturing on the finish of this 12 months or the primary part of subsequent 12 months. Sooner than KBVIP, Xiaomi has invested in Ganfeng Lithium Battery, SVOLT, China Aviation Lithium Battery Era (CALB) and Zhuhai CosMX Battery.