Latest news with #Sunwoda
Yahoo
an hour ago
- Business
- Yahoo
Tulip Innovation Obtains Additional Battery Patent Injunction against Sunwoda Group
BUDAPEST, Hungary, July 23, 2025 /PRNewswire/ -- On 17 July 2025, Tulip Innovation won another injunction in German litigation concerning battery electrode and separator technology against the China based Sunwoda Group of companies. The decision issued by the Munich District Court's 7th division adds a third injunction against the Sunwoda Group to two previous injunctions in Germany that were awarded to Tulip by the court in separate cases on 22 May 2025. Tulip is the licensing agent for a portfolio of over 5,000 patents owned by LG Energy Solution and Panasonic Energy, and was represented by Hogan Lovells. The most recent decision arose from Tulip's action against Sunwoda Electronic, Sunwoda Mobility Energy Technology and their German affiliates Sunwoda Europe and Sunwoda Electric Vehicle Battery Germany based on the German part of the European Patent EP 2 378 595 B1. The oral hearing took place on 3 July 2025. The decision in favour of Tulip was handed down two weeks after the hearing, on 17 July 2025, granting Tulip the requested injunctive relief against the batteries at issue. Tulip's requests for additional relief were also granted, including obligations for Sunwoda to recall and destroy any remaining batteries in its direct or indirect possession, pay damages to Tulip in principle, and provide detailed accounting information to enable Tulip to calculate its damages claim. The new injunction underscores the strength and breadth of the battery patent portfolio licensed by Tulip, and confirms that battery manufacturers implementing technology covered by the portfolio will face substantial burdens in litigation if they choose to operate without a license. Giustino de Sanctis, CEO of Tulip, noted: "This decision reinforces the value of Tulip's program and demonstrates our commitment to upholding fair and competitive market conditions in the battery industry. Tulip looks forward to discussing broad licenses under the portfolio with all companies active in lithium-ion battery manufacturing." Andreas von Falck, Hogan Lovells Partner, added: "We are very pleased with this confirmation of the strength of Tulip's patent position by the Munich District Court. The patent in this case has a maximum term of 21 December 2029. The decision is well reasoned and we are confident that the decision will stand on appeal." The patent asserted relates to the combination of electrodes and a battery separator, an important element for the safety and performance of a car battery. The batteries at issue in the case are specific models used in the Dacia Spring but the patent is applicable to any battery model to the extent that it makes use of the patented technology. The decision is immediately enforceable against the provision of security but remains subject to appeal by Sunwoda, and Sunwoda has filed a separate nullity action relating to the patent that is pending. Tulip is represented in the proceedings by a Hogan Lovells team including Dr. Andreas von Falck, Dr. Alexander Klicznik, Dr. Roman Würtenberger, Dr. Markus Kuczera, Lea Gröblinghoff, Dr. Michael Plagge and Dr. Yun-Suk Jang. Sunwoda is represented by A&O Shearman. About Tulip Innovation Tulip Innovation Kft. is an independent company founded to establish and manage the lithium-ion battery licensing program. Based in Hungary, the hub of European battery manufacturing, Tulip's mission is to collaborate with companies implementing Li-ion battery technology to ensure that their manufacturing operations have access to Tulip's robust IP portfolio. Led by a team of licensing professionals with decades of experience, Tulip has a unique combination of strong industry connections and expertise in negotiating and administering patent licenses. Additional information is available at Logo - View original content to download multimedia: SOURCE Tulip Innovation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Nikkei Asia
03-07-2025
- Automotive
- Nikkei Asia
China's EV battery makers plan Hong Kong listings, eyeing global market
IPO Sunwoda and Eve Energy hope to follow CATL's blockbuster IPO in May Sunwoda supplies batteries to state-owned Dongfeng Motor Group, Dongfeng Nissan and privately owned Chinese automaker Geely. (Photo by Shizuka Tanabe) SHIZUKA TANABE GUANGZHOU -- Chinese electric vehicle battery makers like Sunwoda Electronic and Eve Energy have laid out plans to list on the Hong Kong Stock Exchange, looking to raise funds to increase production capacity abroad and boost global competitiveness. Sunwoda's board passed a resolution this week to aim for a Hong Kong listing. Under the resolution, valid for two years, the company would offer less than 15% of its total number of issued shares, including new shares. Already listed on the Shenzhen Stock Exchange, it would become a dual-listed company.
South China Morning Post
02-07-2025
- Business
- South China Morning Post
Chinese firms eye Hong Kong listings after mainland investors' US$93 billion buying spree
A slew of mainland-listed Chinese technology companies are speeding up fundraising plans in Hong Kong to capitalise on the upbeat market sentiment. Hong Kong's equity market has been buoyed by mainland investors' record buying of HK$731.2 billion (US$93.1 billion) of stocks in the first half of the year, according to Hong Kong Exchanges and Clearing (HKEX) data and Bloomberg on Monday. The buying spree, driven by attractive valuations and a re-rating of China's technology sector, has led to a growing number of A-share companies seeking dual listings in Hong Kong. From electric vehicle battery maker Sunwoda Electric Vehicle Battery to biopharmaceutical maker Changchun High-Tech Industry Group and smart-city solutions provider PCI Technology Group, companies are keen to take advantage of the city's deep liquidity pool, international investor base and favourable valuations to accelerate their global expansion, diversify their funding sources and enhance their international profiles. Sunwoda Electric Vehicle Battery is among a slew of Chinese firms seeking a Hong Kong listing. Photo: Handout Improved investor sentiment in Hong Kong's secondary market and a rebound in companies' valuations have made the city a more attractive listing destination for A-share companies, said Kenny Ng Lai-yin, a strategist at Everbright Securities International.
Yahoo
24-06-2025
- Automotive
- Yahoo
Li Auto Sends 5-Seat Electric SUV i6 for Regulatory Approval
Li Auto LI has submitted its second fully electric SUV, the Li i6, for regulatory approval in China, with its official launch anticipated in about three months. The vehicle was listed in the latest catalog of new models released by China's Ministry of Industry and Information Technology, which is open for public feedback from June 21 to 27. Inclusion in this catalog represents the final major hurdle before a model is allowed to enter the Chinese Li i6 appears in three versions in the catalog with models designated as LXA6503BEVW01, LXA6503BEVW02 and LXA6503BEVW03. The first is a dual-motor variant featuring a 150 kW front motor and a 250 kW rear motor. The other two are single-motor variants with a peak output of 250 kW. All share similar dimensions: 4,950 mm in length, 1,935 mm in width, 1,655-1,670 mm in height and a 3,000 mm of Li i6 will take place at Li Auto's facilities in Beijing and Changzhou. The vehicle has a curb weight ranging from 2,380 kg to 2,515 kg and can reach speeds up to 180 km/h. It will be powered by lithium-iron phosphate batteries sourced from CATL and Li Xiang, founder, chairman and CEO of Li Auto, the Li i6 is a roomy two-row, five-seat electric SUV, positioned as an alternative for families considering premium models like the Mercedes-Benz GLC, BMW X3 or Audi Q5. It is slated to release in September. Xiang also posted images of the SUV's exterior on Auto is best known for its extended-range electric vehicles, such as the Li L6, L7, L8 and L9, all SUVs. Its first battery electric vehicle, the Li Mega MPV, debuted on March 1, 2024. The company is also preparing to launch the Li i8, its first pure electric SUV, later in July. LI carries a Zacks Rank #3 (Hold) at better-ranked stocks in the auto space are CarGurus, Inc. CARG, Strattec Security Corporation STRT and Michelin MGDDY, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for CARG's 2025 sales and earnings implies year-over-year growth of 4.96% and 25%, respectively. EPS estimates for 2025 and 2026 have improved 30 cents and 44 cents, respectively, in the past 60 Zacks Consensus Estimate for STRT's fiscal 2025 sales and earnings implies year-over-year growth of 3.49% and 8.11%, respectively. EPS estimates for fiscal 2025 and 2026 have improved 73 cents and 91 cents, respectively, in the past 60 Zacks Consensus Estimate for MGDDY's 2025 sales and earnings implies year-over-year growth of 1.69% and 37.76%, respectively. EPS estimates for 2025 and 2026 have improved a penny and seven cents, respectively, in the past 30 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Strattec Security Corporation (STRT) : Free Stock Analysis Report Michelin (MGDDY) : Free Stock Analysis Report CarGurus, Inc. (CARG) : Free Stock Analysis Report Li Auto Inc. Sponsored ADR (LI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Korea Herald
09-05-2025
- Business
- Korea Herald
EES Europe 2025: Sunwoda Energy Unveils Innovative Energy Storage Solutions for A Sustainable Future
MUNICH, May 9, 2025 /PRNewswire/ -- Sunwoda Energy made a significant impact at EES Europe 2025, Europe's largest and most international exhibition for batteries and energy storage systems, by unveiling several groundbreaking innovations. These included the launch of its 6.528MWh liquid cooling energy storage system powered by Sunwoda's advanced 625Ah high-capacity battery cells and a 179kWh C&I ESS. The company also presented fully integrated energy storage solutions, covering the entire value chain—from battery cells and packs to integrated systems, reinforcing its commitment to advancing high-capacity battery technology for a sustainable future. Sunwoda Energy's Groundbreaking ESS Innovations At the heart of the new launch was Sunwoda Energy's NoahX 3.0 6.528MWh Liquid Cooling ESS, equipped with high-performance 625Ah LFP battery cells that deliver over 15,000 cycles and a 25-year service life. The system integrates AI-enabled active balancing to optimize charge/discharge consistency and overall efficiency. With multi-layer fire protection, high energy density (430+Wh/L), and the ability to operate in extreme environments from -30°C to 55°C, the NoahX 3.0 is designed to meet the needs of next-generation utility-scale energy storage. Additionally, Sunwoda Energy presented its OASIS A180 179kWh C&I ESS, which offers a compact design, flexible deployment, and smart energy management capabilities for C&I applications in Europe. The company also showcased a comprehensive range of integrated energy storage solutions, including battery cells (280Ah, 314Ah, 625Ah), utility-scale ESS (5MWh), C&I ESS (215kWh), and residential ESS (5-120kWh), underscoring its full end-to-end production capabilities. Sunwoda Energy: Trusted by Partners, Defined by Quality At the exhibition, Sunwoda Energy strengthened its European leadership through partnerships with industry leaders such as SMA, Krannich Solar, Solarmarkt, Energy3000 Solar, Wagner Solar and others. These collaborations demonstrate the company's ability to deliver scalable, high-performance energy storage solutions, highlighted by the successful deployments across Europe, ensuring reliability in key applications. Leveraging Sunwoda Group's nearly 30 years of manufacturing expertise, the company's end-to-end capabilities—from battery cell to integrated systems—embody its commitment to "Crafting every battery with care" and ensuring "Quality Assurance for All." These strengths enable Sunwoda Energy to maintain rigorous quality control while delivering tailored solutions that meet global demands and uphold the highest safety standards. By the end of 2024, Sunwoda Energy's global cumulative installed capacity exceeded 19GWh. With recognition as a BloombergNEF Tier 1 Manufacturer, the company continues to drive Europe's green energy transition and solidify its position as one of the global leaders in sustainable energy development. About Sunwoda Energy Sunwoda Energy, leveraging nearly 30 years of battery manufacturing experience from its parent company Sunwoda Electronic Co., Ltd. (Stock Code: SZ300207), is a full-industrial-chain energy storage solution provider specializing in lithium battery storage integration and application technologies. With expertise in cells, PACK, BMS, EMS, and system integration, the company delivers integrated energy storage solutions for utility-scale, commercial & industrial, and residential applications, as well as network energy and smart energy, to drive innovation towards a more sustainable energy future. For more information, please visit
