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news Scmp World 2026-04-10

Solid-state battery firms prepare for IPOs amid high oil prices

Three solid-state battery developers in China and the US are moving toward initial public offerings. Geopolitical tensions and higher oil prices are increasing the demand for more energy-efficient electric vehicle technologies.


Three solid-state battery developers across China and the US are moving towards initial public offerings (IPOs), as geopolitical tensions and elevated oil prices fuel demand for more energy-efficient technologies. Qingtao (Kunshan) Energy Development Group became the latest to join the queue, filing for a Hong Kong listing on April 8. Earlier, Beijing WeLion New Energy began the pre-listing tutoring process ahead of a planned application to the Shenzhen Stock Exchange, while US-based Factorial.....

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