China
GREATER BAY TECHNOLOGY (GBT) 巨湾技研, founded in 2020, emerges as a trailblazer in the Energy Storage sector. The company's slogan, "World Leader of eXtreme Fast Charging Battery," underscores its pioneering role. GBT was incubated from Guangzhou Automobile Group—one of the largest automobile groups in China—boasting a significant 2023 production capacity of 2.5 million vehicles annually.
Their cutting-edge technology includes the independently developed eXtreme Fast Charging (XFC) battery, which holds the notable title of world record holder for the “fastest electric vehicle charging technology.” This innovation positions GBT at the forefront of revolutionizing electric vehicle charging speeds.
A testament to their growth potential is the successful acquisition of a substantial CNY1.00B Series A investment on 01 April 2022. This investment round attracted prominent investors such as SFUND, Tencent, Hanhui Investment Management, Borun Capital, and Guangzhou Nan Yue Fund, reinforcing confidence in GBT's vision and capabilities.
