Suppliers

Chinese maker of 1,000-km EV battery plans IPO by 2025

Nio ES6 SUV
WeLion supplies batteries for Nio's ES6 SUV, which is pictured at the Shanghai auto show. (BLOOMBERG)
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By:
Bloomberg
August 07, 2023 09:33 AM

Beijing WeLion New Energy Technology, a Chinese maker of long-range electric vehicle batteries, including one capable of going 1,000 kilometers (620 miles) on a charge, plans to go public as soon as 2025 as it banks on automakers embracing next-generation cells in the race to overcome range anxiety.

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