Shanghai (Gasgoo)- On March 11, GAC Energy, a subsidiary of GAC Group, signed a strategic cooperation agreement with China Telecom Guangdong Branch at GAC Group's headquarters.
Since 2023, the two companies have collaborated in the new energy vehicle (NEV) charging and battery-swapping sector, achieving significant results. Through building "HYPTEC Ultra-Fast Charging Station" at China Telecom's Dongguan business hall, they have established an extensive NEV charging network across 10 towns and districts in Dongguan city. With over 140 charging piles in operation and an annual charging capacity exceeding 12 million kilowatt-hours, the initiative has greatly enhanced the efficiency and convenience of energy replenishment and communication services for NEV users.
Under the new partnership, GAC Energy and China Telecom Guangdong Branch will leverage their respective strengths in telecommunications and energy to deepen cooperation in six key areas: planning and construction of NEV charging and battery swapping stations, smart charging solutions and platform interconnectivity, integrated smart energy models, diversified NEV charging services, joint marketing, and brand collaboration. Together, they aim to explore innovative business models in the NEV sector and contribute to the advancement of Guangdong's new energy vehicle industry.
GAC Energy stated that the agreement reflects their commitment to China's "dual-carbon" strategy and the accelerating transformation of the automotive industry.
By integrating China Telecom Guangdong Branch's extensive site resources with GAC Energy's technical expertise, the companies plan to accelerate the deployment of charging and battery swapping stations across residential areas, commercial districts, and transportation hubs, making energy transitions more accessible for users. Additionally, the interoperability of their charging management platforms will enhance the overall user experience with smoother and more efficient charging services.
By the end of February 2025, GAC Energy's charging network covered 202 cities across 31 provinces in China, operating nearly 1,500 charging stations and 14,770 charging terminals, along with 68 battery-swapping stations nationwide.
