Sunwoda plans to invest 2 billion yuan to build a battery factory in Vietnam

Chinese lithium battery manufacturer Xinwanda announced that it will set up Vietnam Liwei Co., Ltd. in Hong Kong through its subsidiary and invest no more than RMB 2 billion to build a consumer lithium battery factory in Vietnam. The project aims to produce battery cells, SiP and batteries to meet the needs of the global market. Xinwanda has won high praise from many major customers such as Xiaomi, vivo, Geely, Dongfeng-Nissan, etc. These customers have highly praised the quality of Xinwanda's products and maintained a long-term cooperative relationship with Xinwanda.