Qi Cha Cha·2025-11-06 07:12Core Insights - A new company, Jiangsu Li Auto Battery Co., Ltd., has been established, focusing on battery manufacturing and sales, as well as research and development in emerging energy technologies [1] - The registered capital of the new company is 70 million RMB [1] - The company is wholly owned by Shandong Li Auto Battery Co., Ltd., which is jointly held by Beijing Li Auto Co., Ltd. and Xinwanda Power Technology Co., Ltd. [1] Company Overview - Jiangsu Li Auto Battery Co., Ltd. is involved in various operations including battery manufacturing, sales, and electric vehicle charging infrastructure [1] - The establishment of this company indicates Li Auto's strategic move to enhance its capabilities in battery technology and electric vehicle support systems [1] Industry Implications - The formation of this new battery company aligns with the growing demand for electric vehicles and the need for advanced battery solutions in the automotive industry [1] - This development may contribute to the competitive landscape of the electric vehicle market, particularly in battery technology and infrastructure [1]