Daily Markup

Daily Markup #1087: XING Mobility opens new factory to scale up innovative battery tech for EVs, agricultural machinery, energy storage, and more

October 3, 2024 · 2 min read
Photo credit: XING Mobility YouTube Video

Powering up an electric future

  • For close to a decade, 500-backed XING Mobility has been perfecting their immersion cooling battery technology for scale. The team is proud to officially open doors to the XING Paradigm Factory, the world’s first volume production facility dedicated to bringing this technology to more industries.
  • Their immersion cooling systems enable ultra-fast charging and significantly extend the life cycle of batteries for a wide range of applications, including passenger and commercial vehicles, agricultural and industrial machinery, energy storage systems, and even wind farms.
  • The team plans to replicate similar facilities around the world to accelerate the adoption of immersion cooling technology on a global scale, advancing the electrification of multiple industries.
  • In addition to their new factory, XING Mobility launched 3 new products: (1) the XES 200, a 200kWh immersion-cooled energy storage system designed for AI data centers (2) the world’s first immersion-cooled CTC (cell-to-chassis) battery system, engineered for the next generation of electric vehicles (3) IMMERSIO™ XM28, focusing on the electrification of medium and heavy-duty commercial vehicles.
  • Founder & CEO Royce YC Hong shared, “When we set out to build an electric racing car, we quickly realized that existing battery solutions couldn’t meet our ambitious goals. This challenge led us to develop our own immersion cooling technology.”
  • “Our technology has not only proven its worth but has been successfully adapted across automotive, agricultural, industrial machinery, and energy storage systems worldwide. The inauguration of the Paradigm Factory marks a significant milestone in our mission to create a safer, cooler world, and I couldn’t be more excited about what lies ahead,” he added.
  • Read the full story here. 
  • Don’t miss this cool video (pun-intended)!
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