
Greatpower Technology
Lithium-ion and energy storage battery ecosystem provider.
Date | Investors | Amount | Round |
---|---|---|---|
KRW35.0b | Late VC | ||
Total Funding | 000k |
Great Power Energy & Technology Co., Ltd., founded in 2001 and publicly listed in 2015, is a manufacturer of lithium batteries and energy storage systems. The company's product portfolio includes lithium-ion, LiFePO4, nickel-metal hydride, and sodium-ion batteries, as well as developing all-solid-state battery technology. These products cater to various markets, including consumer electronics, electric vehicles, and utility-scale energy storage.
Headquartered in Guangzhou, China, Great Power has expanded its operations with multiple production bases across China and an office in Indonesia. The company has engaged in strategic acquisitions, including Nexcell in Japan and SHIDA Battery. A key technological milestone includes the launch of its first-generation energy storage system in 2011, and it has since started producing batteries from recycled waste materials. Great Power's business model is centered on the sale of its battery products and energy storage solutions, serving clients like electric vehicle manufacturers and data centers. The company also generates revenue from battery recycling, reinforcing its commitment to a circular economy.
The company's strategic focus is on the energy storage sector, with significant investments aimed at increasing its production capacity to over 100GWh by 2025. This includes the development of large-scale manufacturing facilities and R&D bases. Great Power has also formed partnerships for the application of its sodium-ion batteries in new energy storage projects and data centers. The company holds numerous patents and has participated in drafting several battery industry standards in China.
Keywords: lithium-ion batteries, energy storage systems, battery manufacturing, LiFePO4 batteries, sodium-ion batteries, electric vehicle batteries, battery recycling, cathode materials, utility-scale storage, solid-state batteries, consumer electronics batteries, power batteries, new energy, clean energy, battery technology.