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NIO Capital invests in Chinese digital energy solution provider Infypower

iconDec 13, 2024 18:41
Source:gasgoo
NIO Capital recently announced the successful completion of an investment in Shenzhen Infypower Co., Ltd. (Infypower), a Chinese digital energy solution provider, according to a press release NIO Capi...

Shanghai (Gasgoo)- NIO Capital recently announced the successful completion of an investment in Shenzhen Infypower Co., Ltd. (Infypower), a Chinese digital energy solution provider, according to a press release NIO Capital released on December 13. 

The proceeds raised from the fresh round are earmarked primarily for supporting Infypower's energy transformation and sustainable development via high-quality products and professional solutions.

Infypower's Chairman Zhu Chunhui commented: "The path to energy transformation and sustainability is full of challenges, but each step is highly significant. This partnership with NIO Capital will further strengthen our position in the smart automotive supply chain and energy transformation sector. Infypower will continue to gather industry expertise, deepen technological innovation, and explore the limitless possibilities of new energy technologies with an open and inclusive mindset. We are committed to contributing to the green transformation of the global energy sector."

Mr. Ian Zhu, Managing Partner at NIO Capital, stated: "Infypower's founding team has over 20 years of expertise in power conversion technology. They have developed industry-leading products and solutions in fields such as electric vehicle (EV) charging, battery swapping, energy storage, and V2G (vehicle-to-grid). NIO Capital will continue to support Infypower in driving energy transformation through technological innovation, deeper industry collaboration, and accelerated commercialization, contributing to global sustainability goals."

Infypower stands as a global leader in digital energy products and power system solutions. With a focus on power electronics and digital energy technology, the company specializes in fields such as EV charging, energy storage, smart energy services, and intelligent power equipment. Its product portfolio includes high-performance charging modules, smart energy routers, as well as EV charging, battery swapping, and energy storage systems.

Infypower takes the lead in photovoltaics-charging-energy storage integrated technology, and was among the first in China to master liquid-cooled ultra-fast charging solutions and successfully mass-produce V2G modules. To date, Infypower has operated over 3 million modules safely, with its products and services spanning over 3,000 companies across more than 100 countries and regions in Asia, Europe, and the Americas.

Headquartered in Shenzhen, Infypower has established R&D centers and manufacturing bases in cities like Nanjing, Fuyang, Changzhou, Chongqing, Chengdu, and Munich, supporting its global operations and accelerating the process of energy transformation and sustainable development.

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