Code Moment | Sunwoda Electronic Co.,Ltd. & Li Auto Hit 100,000 Battery Pack Milestone!

On July 10, MaHui member Sunwoda Electronic Co.,Ltd. Power and Li Auto celebrated the rollout of their 100,000th jointly developed battery pack at Sunwoda Power's Nanjing facility. This milestone not only signals another step up in manufacturing capability and market readiness for both companies, but also demonstrates the vigorous momentum of China's new energy vehicle industry.

Source Code Capital remains committed to investing in technology-driven innovation and the creation of lasting, real value. Centered on the anchor OEMs within the MaHui ecosystem, we continue to identify outstanding domestic suppliers of core, high-growth EV components. From electrification to intelligent driving, our strategy in the EV supply chain has always been to help users enjoy safer, more comfortable, and more intelligent driving experiences.

Source Code Capital was Li Auto's earliest institutional investor and has continued to back the company through multiple subsequent rounds; it was also a lead investor in Sunwoda EVB's Series A. This collaboration between the two companies underscores the resilient bonds of mutual success among MaHui member companies.

Li Auto & Sunwoda Power 100,000th Battery Pack Rollout Ceremony

At the ceremony, Li Auto President Donghui Ma spoke highly of Sunwoda Power's outstanding contributions to battery R&D and manufacturing, emphasizing: "Li Auto has always been dedicated to creating a mobile, happy home for our users. Our deep collaboration with Sunwoda Power has given us strong assurance in battery supply. We are also actively strengthening technical and product roadmap alignment, maintaining highly consistent goals, and striving to achieve a 1+1>2 effect. Going forward, Li Auto will jointly develop even more competitive products with Sunwoda Power, better addressing owners' concerns around range anxiety and battery safety, building cars that users truly love, and creating greater value together for our customers!"

Li Auto President Donghui Ma delivers remarks

Sunwoda Power Chairman Mingwang Wang said in his address: "The rollout of the 100,000th Sunwoda Power & Li Auto battery pack is not only the fruit of our teams' tireless, day-and-night efforts, but also our firm commitment to the future development of the new energy vehicle industry. Sunwoda Power will continue to uphold the philosophy of driving progress in the new energy world through innovation, working hand in hand with partners like Li Auto to jointly advance breakthroughs and applications in new energy vehicle battery technology, bringing safer, more efficient, and more sustainable mobility experiences to users worldwide."

Sunwoda Power Chairman Mingwang Wang delivers remarks

This event was not only a concentrated showcase of the collaborative achievements between Sunwoda Power and Li Auto, but also powerful testimony to the rapid development of the entire new energy vehicle industry. Their partnership has not only advanced technological progress and industrial upgrading for both enterprises, but has also set a benchmark example for integrated development across the supply chain. Looking ahead, Sunwoda Power will continue to walk alongside Li Auto, increasing R&D investment and enhancing product quality and performance to deliver superior, reliable power battery products to users, empowering China's new energy vehicles to shine on the world stage.