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Welion
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Developer of solid-state lithium batteries

Founded in 2016
Founded in

Company type Private Public ()
Company type

Industry Group materials & chemicals

Sector advanced energy materials

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters China Beijing, China
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Updated by Cleantech Group on 01/04/2023

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Date Company
11/25/2022

NIO NIO

WeLion New Energy Technology, began rolling out its solid-state power battery cells, paving the way for its delivery to NIO.

Confirmed by NIO

Partnerships
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Date Partner Type
04/26/2022
Ronbay Technology Ronbay Technology
WeLion signed an agreement with Ronbay Technology to purchase no less than 30,000 tons of solid-state lithium battery cathode material products from the latter from 2022-2025.
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Confirmed by Ronbay Technology
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IPO INFORMATION

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Date Investors Type Amount
11/04/2022 Mixed Ownership Reform Fund Mixed Ownership Reform Fund , SDIC Chuangye Investment Management SDIC Chuangye Investment Management , China Merchants Capital China Merchants Capital , Hermitage Capital Hermitage Capital , DYEE Capital DYEE Capital , Hidden Hill Capital Hidden Hill Capital (6)
Post-money valuation of
Funding will support product development and continued R&D.
Growth Equity $206,000,000
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