Lightyear Engine Secures ¥1 Billion Financing for Solid-State Battery Launch in Suzhou
ENERGY STORAGE
Lightyear Engine has secured ¥1 billion in financing to launch its solid-state battery products in Suzhou, including the LY-70 and LY-25, which are now in mass production. The company has signed orders exceeding 30 million yuan with various distributors and plans to use the funds for R&D, capacity expansion, and global channel development. Additionally, Lightyear Engine introduced a 24V parking battery series for commercial vehicles and a semi-solid battery for electric motorcycles, and established strategic agreements with Forvia Hella Nanjing Electronics and Dongguan Shengda New Energy.

Feb 5, 2026, 6:00 AM