#China #Shenzhen #electric vehicles #Phoenix Contact #SINEXCEL

SINEXCEL and Phoenix Contact Sign Global Strategic Partnership Agreement

On May 26, 2025, SINEXCEL (300693.SZ) and Phoenix Contact have taken a significant step towards enhancing the electric vehicle (EV) market by signing a global strategic partnership agreement at the PHIIDF (Phoenix Contact Innovation and Industry Development Forum) in Shenzhen, China. This partnership aims to leverage the strengths of both companies in power electronics and EV charging technologies.

The agreement outlines a collaborative effort where SINEXCEL's advanced power electronics expertise will be combined with Phoenix Contact's cutting-edge EV charging solutions. Together, these two industry leaders plan to push boundaries to achieve faster, safer, and more efficient charging processes for electric vehicles.

The signing ceremony at PHIIDF featured prominent leaders from both organizations, including SINEXCEL’s Vice President, Kevy Zhao, and Yi Zhang, the First Vice President of Phoenix Contact China. They were joined by Raymond Fang, CEO of SINEXCEL, and Jiandang Gu, President of Phoenix Contact China, highlighting the strong leadership commitment behind this alliance.

Just earlier this month, at the Power2Drive Europe exhibit, the two companies showcased their state-of-the-art Megawatt Charging System (MCS), capable of delivering up to 1,500 A and 1,280 kW. This revolutionary technology sets new benchmarks in efficiency, reliability, and performance, particularly for the electrification of heavy-duty vehicles.

The recent agreement stresses the importance of this collaboration in enhancing the global presence of both companies and deepening their long-term partnership. More importantly, it stands as a testament to their shared commitment to advancing sustainable mobility solutions worldwide.

About Phoenix Contact

Founded in 1923 and based in Germany, Phoenix Contact diligently collaborates with customers and partners to develop forward-looking solutions using innovative connection and automation technology. The company focuses on integrated concepts that encompass engineering and services, implementing them in various areas, such as transportation infrastructure, e-mobility, clean water systems, renewable energy, and smart supply networks.

About SINEXCEL

Established in 2007, SINEXCEL has emerged as a trailblazer in EV charging solutions, energy storage, and power quality with nearly two decades of experience in power electronics. With over 140,000 installed DC chargers and 1,000,000 power modules deployed across 60 countries and six continents, SINEXCEL partners with leading industry players to deliver innovative energy solutions that promote energy freedom and support a cleaner, greener future.

This strategic partnership between SINEXCEL and Phoenix Contact not only underscores their respective contributions to the EV ecosystem but also strengthens their joint efforts in developing advanced solutions that cater to the growing demands for sustainable transportation. As the market for electric vehicles expands rapidly, collaborations like this are essential for paving the way toward a more eco-friendly and efficient future in the automotive industry.