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DateInvestorsAmountRound
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CNY60.0m

Seed
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N/A

CNY1.0b

Valuation: CNY8.0b

Series A
Total Funding$146m

Recent News about Juwan Technology Research

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Greater Bay Technology (GBT) is a cutting-edge battery producer that has recently launched the world's first plant dedicated to Extreme Fast Charging (XFC) power batteries. This technology, initially proposed by the US Department of Energy, allows batteries to charge from 0 to 80 percent within just 10 minutes, thereby extending the range of electric vehicles by 320 km.

GBT's primary market is the electric vehicle industry, where it aims to provide a competitive alternative to fuel-powered vehicles. Its innovative Phoenix battery can be charged at different voltage platforms, ranging from 300 volts to 1000 volts, offering superior safety, cycle life, range, and cost-effectiveness.

Unlike many battery startups that focus on one aspect at a time, GBT has chosen to tackle energy density, charging times, and temperature resistance simultaneously. Its technology provides 18 times more heat exchange area than conventional solutions, ensuring the battery pack temperature can rise quickly even in winter conditions. This makes it a game-changer for electric cars operating in cold climates, where battery range typically drops significantly.

GBT's business model is based on manufacturing and selling these high-performance batteries to electric vehicle manufacturers. Backed by the GAC Group, GBT is well-positioned to make a significant impact in the electric vehicle market with its groundbreaking technology.

Keywords: Greater Bay Technology, Battery Production, Extreme Fast Charging, Electric Vehicles, Phoenix Battery, Energy Density, Charging Times, Temperature Resistance, Electric Vehicle Market, GAC Group.