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Xiaomi Auto Purportedly Introduces CALB as New Battery Supplier for SKYNOMAD
Xiaomi Auto introduced a new battery supplier, CALB (03931.HK), for its second brand "SKYNOMAD", Chinese media reported, citing sources.The battery supplier designation f...
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Xiaomi Auto introduced a new battery supplier, CALB (03931.HK)  +0.020 (+0.068%)    Short selling $8.18M; Ratio 5.809%   , for its second brand "SKYNOMAD", Chinese media reported, citing sources.

The battery supplier designation for Xiaomi's third model was finalized in early 2024, sources divulged. At that time, SUNWODA (300207.SZ)  -0.810 (-3.219%)   was the preferred battery supplier, before CALB was later confirmed as the secondary supplier.

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Based on the supply allocation currently granted by Xiaomi to its suppliers, SUNWODA accounts for 60% of battery supply at the moment, while CALB accounts for 40%.

Xiaomi Auto adopted batteries from CATL (03750.HK)  +11.000 (+1.660%)    Short selling $705.82M; Ratio 22.420%   and Fudi for its first two new models, SU7 and YU7, with CATL serving as the primary supplier and Fudi as the secondary supplier.

As of April 2026, Xiaomi Auto's cumulative vehicle deliveries exceeded 656,000 units. Among all delivered models, more than 80% were purportedly equipped with batteries supplied by CATL.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-21 16:25.) (A Shares quote is delayed for at least 15 mins.)

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