Veken
ActiveOverview
Veken Technology Co., Ltd. is a Chinese manufacturer specializing in lithium-ion and sodium-ion batteries for consumer electronics, energy storage, and small power applications. Listed on the Shanghai Stock Exchange (600152) since 1998, it serves global markets including smartphones, laptops, power tools, and electric vehicles. The company shifted from textiles to new energy in 2018 and began sodium battery production in 2023.
History
Veken Technology originated from Ningbo Veken Group, established in 1993 through restructuring of state-owned textile firms, with roots tracing to 1905 via its holding group. It entered the lithium battery sector in 2004 and listed on the A-share market in 1998 as Ningbo Dunhuang Group (later rebranded). In 2017-2018, it underwent asset restructuring to acquire battery assets, rebranded to Veken Technology, and established Dongguan Veken Battery. It pioneered high-capacity aluminum-shell batteries in 2008 and launched sodium-ion batteries in 2023.
Product Lines
| Product Line | Positioning | Price Range |
|---|---|---|
| 3C Digital Batteries (smartphones, laptops, power banks) | Mid-range lithium batteries for consumer electronics | $5 - $50 per cell |
| Energy Storage Sodium Battery Systems | Emerging alternative to lithium for grid storage | $100 - $500 per kWh |
| Small Power Batteries (e-scooters, power tools) | Lithium iron phosphate and ternary for portable devices | $20 - $100 per pack |
Manufacturing
Products are manufactured in China at facilities including Ningbo Veken Battery and Dongguan Veken Battery. The company handles in-house R&D, production, and sales of lithium and sodium batteries.
Notable Products
- High-capacity aluminum-shell lithium-ion batteries - Pioneered in 2008 for transition from feature phones to smartphones.
- Ternary lithium batteries - Used in smartphones, laptops, drones, and smart home devices.
- Lithium iron phosphate batteries - Applied in electric two-wheelers and power tools.
- Sodium-ion batteries - Mass-produced starting 2023 for energy storage systems.
Reputation
Veken is recognized in China as a reliable supplier to brands like Motorola and Intel, with strengths in cost-effective battery production and rapid scaling to sodium tech. Professionals note its established manufacturing base but limited global brand visibility outside B2B channels. Enthusiasts view it as a mid-tier player focused on volume over premium innovation.