SVOLT Launches the First Innovation Day at the Shanghai Auto Show, Backed with Industry Fund of 2 Billion Yuan

In order to enhance the whole industrial chain innovation ecosystem, SVOLT will establish SVOLT CAPITAL, as well as sign the strategic cooperation agreement with SDIC and invest 2 billion Yuan to establish the development and innovation funds during Stage 1 to recruit innovative industry partners and provide strong financial support for the creation of the innovation ecosystem of SVOLT.

Moreover, to better promote the implementation of industry innovation, SVOLT CAPITAL will start the Recruitment Program of Innovative Industrial Partners and form the strategic cooperation with SYNCED, a domestic leading frontier science and technology media and industry service platform. It plans to recruit 20 cross-sector partners in the field of intelligence technology, in the hope of applying the advanced tech in the production of the power battery industry, realizing the cross-border integration of the lithium battery industry with AI, Big Data and upstream and downstream industry chains, accelerating the global layout of SVOLT in the field of intelligence technology.

In terms of talent innovation, SVOLT announces that it will cooperate with LinkedIn, a well-renowned social media platform of workplace, to launch the Recruitment Program of SVOLT Pioneer Scientists, and recruit 100 scientists worldwide. They will be engaged in the research and development of power batteries and recruit new forces and reserve talents for the independent R&D and innovation of the industry.

SVOLT has been a super dark horse standing out in the field of power batteries in China in the past two years. It is an energy technology company with new mindset. Its predecessor is the Battery Business Unit of Great Wall Motors, a famous Chinese automobile company, thus it masters a better understanding of the performance demands of cars than most other battery enterprises. Within a short time since its founding, it has launched a series of subversive innovation achievements such as high-speed stacking process, cobalt-free cathode materials and automotive standards AI intelligent factory. Each release refreshes the benchmark of the industry. It has great potential to become the leader of new generation in battery industry of China and even of the world.

SOURCE SVOLT