Kubota : Invests in XING Technology, a pioneer in Immersion Cooling Batteries -A leading Taiwan-based battery system developer that achieved the commercialization of immersion cooling technology-
December 19, 2023 at 08:05 pm EST
Share
Kubota Invests in XING Technology, a pioneer in Immersion Cooling BatteriesA leading Taiwan-based battery system developer that achieved the commercialization of immersion cooling technology
December 20, 2023
KUBOTA Corporation
Kubota Corporation (Headquarters: Naniwa-ku, Osaka, Japan; President and Representative Director; Yuichi Kitao; hereinafter "Kubota") has decided to invest in XING Technology Inc. (Headquarters: Cayman Islands). The company owns XING Mobility Inc. (Headquarters: Taipei, Taiwan; hereinafter "XING"), a Taiwanese start-up company with strengths in the development of battery systems, which are indispensable for improving the performance of electric products including EVs.
XING Mobility's Immersion Cooled Battery System
1. Background and Objectives
Electrification is one measure to achieve carbon neutrality in the industrial machinery field. Improving the performance of battery systems*1, which affect product power output and continuous operation times, along with securing stable procurement routes, are important issues for many companies.
In our pursuit of technology development for the electrification of tractors and small construction machinery, we encountered a significant challenge in creating and securing appropriate battery systems. These specialized battery systems must endure high-power operation in demanding environments such as farmland and construction sites.
XING, the global pioneer in immersion cooling technology, and a specialized battery system developer and manufacturer, excels at its ability to turn battery cells of various shapes and types into battery systems, boasting expertise in temperature control to enhance battery performance, and offering essential cooling technology to combat age-related deterioration. Their battery systems have already been found in applications in diverse sectors, including trucks, mining machinery, and energy storage systems.
We highly value XING's immersion cooling technology*2 and their ability to craft customizable battery systems. Our investment in XING Technology Inc. marks a strategic collaboration with XING Mobility to accelerate the development of our electrified products. Ultimately, we aim to achieve carbon neutrality in the industrial machinery field through electrification, with a view to developing and marketing battery systems that solve the problems of many industrial machinery manufacturers in the future.
*1.A set of battery, software, cooling mechanism, etc. packed in a unit
*2.A technology to directly cool battery cells by immersing them in a coolant (oil). By cooling battery cells reliably and uniformly, immersion cooling technology can extend battery life compared to general air-cooled methods. In addition, it can prevent fire from spreading in the event of ignition.
2. About XING Mobility
Company Name
XING Mobility Inc.
Representative
Royce YC Hong
Shareholders
XING Technology Inc. (100%)
Established
2015
Head Office
Taipei, Taiwan
Business
Design, development, manufacturing, and sales of battery systems
Kubota Corporation published this content on 20 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2023 01:04:30 UTC.
Kubota Corporation specializes in the manufacturing and marketing of industrial and agricultural machines and water purifying and distribution equipments. Net sales break down by family of products as follows:
- industrial and agricultural machines (84.9%): tractors, harvesters, transplantors, mowers, etc.;
- water purifying and distribution systems (13.9%): ductile cast iron, steel and plastic pipes, valves, recycling pumps, incinerators, ceramic filters, used water purifiers, etc.;
- other (1.2%): industrial pieces, steel tubes, building machines, etc.
Net sales break down geographically as follows: Japan (27.4%), Asia (18.5%), North America (37.3%), Europe (13%) and other (3.8%).
Kubota : Invests in XING Technology, a pioneer in Immersion Cooling Batteries -A leading Taiwan-based battery system developer that achieved the commercialization of immersion cooling technology-
KUBOTA CORPORATION 
