- Greater Bay Technology, a developer of fast-charging technology, and UPower Energy Technology have signed pacts, marking a mutually beneficial strategic partnership.
- The collaboration will cover battery management throughout their lifecycle, ensuring safety and performance while advancing the recycling of used batteries.
Greater Bay Technology, a fast-charging technology developer internally incubated by GAC Group, and UPower Energy Technology (Guangzhou) Co., Ltd. (UPower Energy), which is wholly owned by GAC Group, have signed pacts, marking the formal establishment of a long-term, mutually beneficial strategic partnership.
According to the strategic cooperation framework, the partnership will promote an innovative “battery bank” model, with UPower Energy providing customised battery services for Greater Bay Technology. This collaboration will lead the industry toward smarter and more efficient energy solutions. The two companies will work together to push for big data-driven intelligent upgrades, co-develop models to enhance battery intelligence and utilise precise data to support the industry’s smart development.
The partnership also extends to building a comprehensive energy ecosystem, including constructing energy supplementation infrastructure and photovoltaic energy storage, to promote the efficient use of green energy. Additionally, the collaboration will cover the full lifecycle management of batteries, ensuring safety and performance while advancing the recycling of used batteries, thereby contributing to a closed-loop and sustainable industry chain.
Mr. Pei Feng, President of Greater Bay Technology, highlighted that through deep cooperation in big data and intelligent technology, the two companies could unlock more potential value and drive the new energy vehicle industry toward greater intelligence and precision.
Mr. Wang Ke, General Manager of UPower Energy, emphasised that UPower Energy could not only provide Greater Bay Technology with robust support in battery asset operations but also create more opportunities for collaboration in energy storage and renewable energy operations. He confidently stated that both companies will achieve breakthroughs in their respective fields and reach new heights together through complementary strengths.