On March 18, 2023, Yiwei Lithium Energy (300014) announced that it has received a notification letter for designated supplier development from Xiaopeng Huitian. The company will provide the next-generation prototype low-voltage lithium batteries. However, the project’s progress remains uncertain, and the actual supply volume will depend on formal sales orders.
For the first three quarters of 2024, Yiwei Lithium Energy reported revenues of 34.049 billion yuan and a net profit attributable to the parent company of 3.189 billion yuan.
This announcement has generated interest among investors, as the development of low-voltage lithium batteries could play a significant role in future energy solutions. Keep an eye on the evolving landscape of the new energy market to stay informed.
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