EVTECH: The cooperation with BYD mainly focuses on the vehicle power supply business and does not involve the supercharging business for the time being

EVTECH announced the investor relations activity record stating that the company is a supplier within the BYD system, and the current cooperation with BYD mainly focuses on the vehicle power supply business, providing vehicle power supply products for some of its models. As of now, the cooperation between the two parties does not involve ultra-fast charging business. The robotics industry has indeed been very popular recently, and its charging functions and new energy vehicle power supply products both belong to power electronics technology, which has certain interoperability at the underlying technology level. However, the robotics industry represents a new application scenario, and there will be significant differences in charging requirements, product forms, etc., compared to automotive power supply products. As of now, the company has no implemented technical solutions or products