Hunan Corun New Energy

company 1 Deal 2 Partners

Hunan Corun New Energy is a leading Chinese manufacturer specializing in new energy materials and power batteries. The company primarily focuses on nickel-metal hydride (Ni-MH) batteries and hybrid vehicle power systems, serving as a critical OEM supplier for the automotive and energy storage sectors.

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Founded 1998

New Energy Materials and Battery ManufacturerOEM/Equipment

Strategic Overview

Focus on nickel-metal hydride (Ni-MH) battery technology and materials as a core competency.
Strong emphasis on hybrid vehicle power systems through strategic partnerships, notably the joint venture with Toyota, FAW, and GAC.
Expanding into battery recycling and other new energy applications to support a circular economy.

Deal History (1)

300 MW/1,200 MWh grid-forming hybrid energy storage facility in Inner Mongolia enters commercial operation

Developer Storage China Mar 2, 2026 USD1.58B

Deal Activity from Public Sources

Establishment of Corun Hybrid System Technology Co., Ltd. (CHS), a joint venture with Toyota Motor Corporation, FAW Group, and GAC Group for the research, development, production, and sales of hybrid vehicle power systems.

Joint Venture Battery Storage, EV Charging China October 2014 with Toyota Motor Corporation

Investment Focus

Technologies

Storage1

Geography

China1

Key People

Zhong Faping

Chairman and President

Track Record

Years Active

Notable projects: Corun Hybrid System Technology Co., Ltd. (CHS) Joint Venture

Detailed Analysis

Technologies

Battery StorageEV Charging

Sectors

Energy TransitionUtilities

Geographies

ChinaAsia PacificWestern EuropeNorth America

Subsidiaries

Corun Hybrid System Technology Co., Ltd. (CHS)Corun High-Tech Co., Ltd.

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