Ionix and Hiboss Jointly Launches First 12-Minute Fast Charging Electric Vehicle
June 01, 2021 at 09:00 am EDT
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Ionix Technology, Inc. announced that it will hold a press conference launching the world's first 12-minute fast charging electric vehicles with its strategic partner Hiboss at Beijing International New Energy Automobiles Industry Expo on June 10, 2021. This marks the first time that IINX's self-developed fast charging technology has been applied to EV manufactured by HiBoss. The upcoming launch conference of the world's first 12-minute fast charging EV marks a more in-depth and detailed strategic cooperation between IINX and Hiboss. IINX fast charging technology, adopting a brand new battery fast charging mode, significantly reduces the charging time needed for EV. Depending on the 12-minute fast charging technology of IINX, Hiboss's EVs will be more competitive and cost-effective in the market. In the case of basic equivalence with current benchmarking vehicle models of international market, the charging time of IINX owns an overwhelming advantage.
Ionix Technology, Inc., formerly Cambridge Projects Inc., through its subsidiaries Well Best International Investment Limited (Well Best), Xinyu Ionix Technology Company Limited (Xinyu Ionix) and Taizhou Ionix Technology Company Limited (Taizhou Ionix), is engaged in developing, designing, manufacturing and selling lithium batteries for electric vehicles in China. The Company's products include 18650-2000 milli-ampere-hour (mAh) lithium ion batteries (LIB) for use in lithium cell electronic bicycles, balance cars, scooters, electric vehicles, special vehicles at low speed, energy storage, and other products. Its LIB is a rechargeable electric device within which lithium moves from a negative electrode to a positive electrode during the discharge and back charging. The four main materials used in its LIBs are cathode materials, anode materials, operators and electrolytic solution. Its LIBs are used as the power supply for devices, such as mobile phones, digital cameras and power tools.
IONIX TECHNOLOGY, INC. 
