A06B-6133-H001On the same day of the meeting, Star Charging and Schneider Electric signed a joint venture framework agreement on the restructuring of European charging and energy storage and other related businesses, and worked together to create a “new model” of China-France new energy industry cooperation, jointly promote the clean energy transformation in Europe, and promote the comprehensive strategic partnership between China and France to a new level.
The convergence of ideas promotes the deep integration of the two sides in various fields
Data show that Star charging was founded in 2014, certified by the international authority Sullivan, the company achieved “charging pile ten years cumulative shipments of the world’s first.” Xingxing Charging focuses on the research and development, manufacturing, operation and service of electric vehicle charging system and intelligent microgrid system. It is a performer of dual-carbon strategy and a typical representative enterprise of digital economy. Over the years, Xingxing has always implemented the strategic vision of “electrification of transportation and digitalization of A06B-6133-H001energy”, leading the energy reform, and striving to continuously promote energy conservation and emission reduction through scientific and technological innovation. At present, Star Charging has become a leading unicorn enterprise in the valuation of Asia’s digital energy field, and a leader in China’s industrial manufacturing enterprises.
Founded in 1836, Schneider Electric has long focused on the two major fields of “future industry” and “green energy”, focusing on the two main axes of “innovation” and “ecology”, and continues to bring new concepts, new applications, new products and new services for digital and green low-carbon industry chain partners. Schneider Electric has advanced digital technology capabilities, is also a pioneer practitioner and enabler of sustainability, and is the world’s leading digital transformation expert in energy management and automation.
Star Charging said that it is the two sides in the green energy, digital economy and industrial upgrading and other aspects of the highly compatible concept of consensus, combined with their own rich practical experience and deep technical accumulation, laid a good opportunity for cooperation. This signing will further promote the deep integration of the two sides in terms of technology, market and resources, jointly lead the green road of sustainable development, and will help the cooperation between China and France in the field of digital new energy development to a new height.
Cooperation to promote digital and green low-carbon “double transformation”
It is worth noting that Star Charging and Schneider Electric have maintained deep straA06B-6133-H001tegic cooperation for many years. In September 2020, Star Charging announced that it received 855 million yuan of A round of financing, which was led by CICC Capital’s funds and Schneider Electric, and also laid a solid foundation for the future strategic cooperation between Star Charging and Schneider Electric, and the two sides jointly enabled the automotive industry to speed up the new energy era.
According to reports, the star charging and Schneider Electric signed a restructuring joint venture framework agreement, the two sides will give full play to their respective leading advantages in research and development, manufacturing, distribution and service, focusing on the European market, the construction of electric vehicle charging equipment, optical storage inverters, energy routers and lithium battery energy storage and other products research and development and sales system. To meet the European market’s demand for environmentally friendly and efficient new energy technologies and solutions, to help the local residential, commercial, industrial, public utilities and other scenarios to achieve “low carbon zero carbon” operation, to serve the local economic development and green transformation.
Star Charging said that the two sides will carry out in-depth cooperation on projects such as carbon neutral target path planning and implementation, energy management system and energy digital system, microgrid application construction, and jointly promote the “double transformation” of digitalization and green low-carbon, help high-quality development and the realization of “double carbon” goals, and then achieve the long-term goal of green development.
