October 28 2019 – Taiwan’s XING Mobility™ have signed a dealer distribution agreement with Norway’s EST-Floattech to cooperate on providing electric vehicle (EV) battery and advanced powertrain solutions to construction and industrial equipment markets in Europe.

EST-Floattech is a developer and distributer of integrated electric and hybrid systems with offices in Norway and the Netherlands, and strong representation in Germany. The partnership combines XING Mobility’s experience in EV battery technology with EST-Floattech’s highly regarded reputation in energy storage and system integration with equipment manufacture industries. EST- Floattech has earned status in the industry as a highly reliable supplier of safe energy storage systems and has become a world leader in electric and hybrid systems for vessels and marine equipment throughout Europe. The company are affiliated with the Pon Group, one of the largest family firms in the Netherlands with more than 12,000 employees worldwide, operating in 32 different countries in nine fields of activity.

Under the long-term strategic cooperation agreement, XING Mobility will supply battery packs for EST-Floatech to promote, distribute and service to its large list of partners and customers.On announcing the partnership following the signing of the contract in Taiwan, XING Mobility’s CEO Royce Hong said that; “We believe Europe to be the most advanced and sophisticated market for the electrification of land-based industrial equipment due to increasingly demanding emissions regulations in the region amongst other drivers. We are confident that our battery innovations, combined with EST-Floattech’s experience and impressive credentials, will help to accelerate the adoption of electric vehicle technology in the construction, mining and material handlingequipment industries”.

A provider of EV battery systems and technology, XING Mobility have spent over three years developing their Immersio™ Modular Battery System, a stackable energy solution that can be configured into a huge variety of size, shape and power needs. In industrial and construction industries, applications can range from excavation and material handling to mining usages. Due to the fact that manufacturers produce in relatively low-to-medium sized volumes but with a high-mix of vehicle types, the level of configurability for each battery pack and drivetrain becomes particularly critical. The collaborating companies believe that the rapid deployment and fast prototyping capabilities of XING Mobility’s modular technology will be instrumental in enabling the partnership to deliver electrified fleets to these industrial equipment manufacturers as quickly as the market demands.

Crucially, XING Mobility’s battery product utilizes immersion cooling thermal management to submerge battery cells directly in non-conductive cooling fluid. Immersion cooling in electric vehicles is now widely considered to be the most effective method of cooling due to the 100% cell-to-coolant contact and cell temperature uniformity which allows the battery cell to reach its optimum performance levels. In addition, the cooling fluid contains fire-suppressing properties, which makes the technology extremely safe for equipment users. When coupled with the durability and extremely low maintenance requirements of the battery pack, these performance, safety and configurability features have the potential to meet the demanding conditions of these industries.

EST-Floattech CEO Trond Skaufel said; “The alliance with XING Mobility’s impressive and solid solution culture will move EST’s heavy-duty construction customers to the next level within performance and safety. The modular, immersion cooling and fire suppression product of XING Mobility will definitively accelerate our position as a solution provider and service support in Europe”.

About XING Mobility

XING Mobility is a provider of automotive-grade electric vehicle battery and powertrain systems for specialty applications. Using extensive experience and know-how derived from designing and making electric supercars and racecars, XING Mobility delivers a range of drivetrain technology products and engineering services designed to empower any and every vehicle maker to go electric.

For more info please contact; Samantha Samantha@xingmobility.com  0983-646-635

About EST Floattech

EST-Floattech, subsidiary of the sustainable investment firm Ponooc, owned by Pon Holding BV, Rotterdam Port Fund and PdenH, is a supplier and developer of high-quality battery and energy storage systems.

From its offices in Norway, the Netherlands, and with strong representation in Germany, EST-Floattech serves the marine and heavy-duty construction machine market with extremely safe and strictly certified energy storage systems based on Lithium NMC technology.

For more info please contact; J.Stanger@est-floattech.com