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GCL-ET to launch more than 8,000 NEVs in Sichuan in 5yrs

May 17, 2022


Abstract : GCL Energy Technology Co., Ltd. on Monday inked a deal with Sichuan Tongsheng Industrial Investment Co., Ltd. to put more than 8,000 new energy vehicles (NEVs) into service in southwest China's Sichuan Province within five years to help boost Sichuan's new energy as well as digital economy development.

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Photo shows the GCL Energy Center based in Suzhou, east China's Jiangsu Province.

BEIJING, May 17 (Xinhua) -- Chinese mobile digital energy technology operator GCL Energy Technology Co., Ltd. (GCL-ET, 002015.SZ) on Monday inked a deal with Sichuan Tongsheng Industrial Investment Co., Ltd. to put more than 8,000 new energy vehicles (NEVs) into service in southwest China's Sichuan Province within five years to help boost Sichuan's new energy as well as digital economy development.

As noted in the agreement, the two sides will make joint efforts to build six-in-one mobile digital energy platform integrating the promotion and application of NEVs, the investment and operation of charging and battery-swap stations, and the transportation and trade of bulk products.

Meanwhile, the two sides will jointly push forward new-type energy storage station demonstration integrating energy source, grid, power load, and storage to advance the industrialization of advanced energy storage tech, according to the agreement.

It is noted that under China's carbon cut drive, Sichuan Province had issued new energy plan for 2022-2025 period under which new-in-service vehicles and vehicle replacements should all be NEVs starting from 2022.

GCL-ET is a subsidiary of GCL (Group) Holdings Co., Ltd. The company is mainly engaged in green energy operation, mobile energy operation and comprehensive energy services. (Edited by Zhong Xinpei, Niu Huizhe with Xinhua Silk Road, niuhuizhe@xinhua.org)

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Keyword: GCL NEV

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