XingXing Mobility

About XingXing Mobility

Based in Taipei, Taiwan, XING Mobility operates as a specialized developer of electric vehicle powertrain and battery technology. The company was established in 2015 by co-founders Royce YC Hong (CEO) and Azizi Tucker (CTO). The founding journey was sparked by Hong's childhood ambition to design an electric supercar, a project which required a high-performance battery that was smaller, lighter, and featured advanced temperature control. This led the team to focus on immersion cooling, a concept that had not yet been fully developed, resulting in a patent for the technology in 2016.

XING Mobility's core business is the design and manufacture of immersion-cooled battery systems for industrial and commercial applications. The company's patented technology addresses a critical safety issue in electric vehicles: battery cells overheating. By immersing the lithium-ion battery cells directly in a non-conductive coolant, the system offers superior thermal management, enhanced safety by suppressing thermal runaway, and a longer cycle life compared to conventional indirect cooling methods. This technology was initially proven through the development of a prototype electric supercar, the "Miss R", which demonstrated the battery system's ability to produce one megawatt of power.

The company's business model is centered on supplying its advanced battery solutions to the global mobility market. It targets manufacturers of specialty vehicles, such as construction, agriculture, and mining equipment, as well as commercial fleets and energy storage systems (ESS). Rather than competing in the crowded passenger EV market, XING Mobility provides its "IMMERSIO™ XM25" battery system as a turnkey electrification solution for clients seeking high performance and safety. Revenue is generated by selling these patented battery systems and through strategic partnerships, such as collaborations with Japanese energy giant ENEOS and European industrial distributors like Nordic Booster and SKB, to expand its technology's reach globally.