Industrial Application
Jaga China has expanded its presence in industrial applications, particularly in response to the global emphasis on energy security and sustainability. With increasing concerns about energy safety, clean energy sources such as solar power, wind energy, and heat pumps are gaining importance for building a sustainable world. However, the development costs associated with these sources are not always straightforward or environmentally friendly.
In China, the electric car industry has experienced significant growth in recent years, with China becoming the top exporter of electric cars by the end of 2023. Many cities in China are embracing electric vehicles (EVs), with government vehicles and even taxis transitioning to electric power.
Consequently, there is a rising demand for battery air conditioners, also known as battery thermal management systems. In response to this demand, Jaga China developed a range of battery thermal management system products in 2022. By the end of 2023, these products became a key driver of sales growth for the company.
Our battery thermal management units cater to various applications, including container power stations and car battery replacement stations. In fact, in 2023 alone, China saw the construction of over 10,000 car battery replacement stations, primarily serving electric car manufacturers like Tesla and NIO.
This expansion into battery thermal management systems underscores Jaga China's commitment to innovation and addressing emerging market needs in the rapidly evolving landscape of clean energy and electric transportation.
In 2024, China is slated to construct more than 3000 car battery swap stations, inspired by models such as Nio Electric Car's battery swap stations. This significant investment reflects China's commitment to advancing electric vehicle infrastructure and promoting sustainable transportation solutions. By expanding the availability of battery swap stations, China aims to address concerns related to EV range anxiety and facilitate the widespread adoption of electric vehicles. This initiative underscores China's proactive approach to supporting the growth of the electric vehicle market and reducing reliance on traditional fossil fuel-powered vehicles.