HYCAN and Greater Bay Technology jointly build ultra-fast charging ecosystem

Shanghai (Gasgou)- HYCAN Automobile Technology Co., Ltd. (“HYCAN”) and Guangzhou Greater Bay Technology Co., Ltd. (“GBT”) signed an agreement on February 10 to implement strategic cooperation on building an ultra-fast charging ecosystem. has been concluded. About his XFC (eXtreme Fast Charging) technology in the latter, according to GBT’s posting on his WeChat account.

Under this agreement, the two companies will cooperate in the development of XFC technology and leverage their respective resources to cooperate in areas such as product application, technology promotion and construction of XFC-based charging networks.

Photo credit: GBT

The two companies will jointly develop XFC-enabled power battery systems based on GBT’s technological advantages in the ultra-fast charging field and related charging ecosystem.

In particular, HYCAN will equip the XFC battery pack specially crafted by GBT in its new all-electric flagship MPV, the HYCAN V09, which is scheduled to hit the market this year.

With this cooperation, HYCAN V09 will be the world’s first mass-produced MPV with 800V high voltage system and supporting 4C fast charging. The battery in this model can be charged at a rate of up to 380kW, giving a range of 200km in a 5-minute charging session.

In addition, the duo will cooperate in promoting and building XFC ultra-fast charging stations, focusing on placements in cities such as Beijing, Shanghai, Guangzhou and Shenzhen.

HYCAN is a Chinese electric vehicle start-up company backed by GAC Group, Pearl River Investment, etc., dedicated to the research and development, production and sales of intelligent electric vehicles, as well as building a related smart ecosystem.

Founded in September 2020, GBT is the first high-tech company GAC Group has cultivated under the control of a private investor. We are committed to the research and development, production and sales of XFC batteries and systems compatible with next-generation high-performance energy storage devices.