Beijing-based life services e-commerce platform, Meituan, had one of its subsidiaries invested in Huzhou Chaona New Energy, with a shareholding ratio of 10%.According to public information, Chaona New Energy was established in August 2021, and is a manufacturer of sodium-ion batteries. The company independently researches and developes key materials for sodium-ion batteries, featuring low cost, long life, high safety and high energy density products. The products can be used in low-speed electric vehicles, large-scale energy storage, electric vehicles and other fields.
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https://pandaily.com/meituan-invests-in-sodium-ion-battery-developer-chaona-new-energy/