Hongli Group Inc. Ordinary SharesHongli Group is collaborating with Sidus to leverage advanced battery technology for high-growth applications.

Hongli Group Inc. has provided an update on its proposed strategic collaboration with Sidus Energy Storage, a California-based battery technology company. The non-binding Memorandum of Understanding aims to explore advanced battery manufacturing opportunities, leveraging Sidus's IBM-licensed semi-solid-state and solid-state battery technology. Target applications include high-performance mobility, aerospace, commercial drones, robotics, and advanced electric vehicles. Hongli Group's Chairman and CEO Jie Liu stated that the collaboration combines the company's manufacturing and supply chain infrastructure with Sidus's technology to address growing demand driven by AI, robotics, and next-generation mobility.
Hongli Group Inc. Ordinary SharesHongli Group is collaborating with Sidus to leverage advanced battery technology for high-growth applications.
International Business MachinesSidus's IBM-licensed semi-solid-state and solid-state battery technology is central to the collaboration.