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Visionary Holdings Deepens Its Battery Swap Layout in Hong Kong, Driving a New Journey with the Dual Engines of Technological Innovation and Market Expansion

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Visionary Holdings (NASDAQ: GV) has announced significant developments in its Hong Kong battery swap operations. The company has secured US$1 billion in financing from Qatar's Alfardan Group and is making strides in both technology and market expansion.

On the technology front, GV is developing a next-generation intelligent battery swapping system that aims to reduce swap times from the current 5-8 minutes to under 3 minutes. The technology will be compatible with over 80% of market EVs and is expected to complete field tests by end-2025.

In market expansion, following its first battery swap station partnership with PEGASUS International Group, GV is negotiating with Hong Kong logistics companies to provide customized battery swapping solutions. The company plans to establish 20 exclusive battery swap stations by end-2025, covering major logistics routes in Hong Kong.

Visionary Holdings (NASDAQ: GV) ha annunciato sviluppi significativi nelle sue operazioni di scambio batterie a Hong Kong. L'azienda ha ottenuto 1 miliardo di dollari USA in finanziamenti dal gruppo Alfardan del Qatar e sta facendo progressi sia nella tecnologia che nell'espansione del mercato.

Dal punto di vista tecnologico, GV sta sviluppando un sistema di scambio batterie intelligente di nuova generazione che mira a ridurre i tempi di scambio dagli attuali 5-8 minuti a meno di 3 minuti. La tecnologia sarà compatibile con oltre l'80% dei veicoli elettrici sul mercato e si prevede che completi i test sul campo entro la fine del 2025.

Per quanto riguarda l'espansione del mercato, dopo la sua prima partnership per una stazione di scambio batterie con PEGASUS International Group, GV sta negoziando con aziende di logistica di Hong Kong per fornire soluzioni personalizzate di scambio batterie. L'azienda prevede di stabilire 20 stazioni di scambio batterie esclusive entro la fine del 2025, coprendo le principali rotte logistiche di Hong Kong.

Visionary Holdings (NASDAQ: GV) ha anunciado desarrollos significativos en sus operaciones de intercambio de baterías en Hong Kong. La empresa ha asegurado 1 mil millones de dólares estadounidenses en financiamiento del Grupo Alfardan de Qatar y está avanzando tanto en tecnología como en la expansión del mercado.

En el ámbito tecnológico, GV está desarrollando un sistema de intercambio de baterías inteligente de próxima generación que busca reducir los tiempos de intercambio de los actuales 5-8 minutos a menos de 3 minutos. La tecnología será compatible con más del 80% de los vehículos eléctricos del mercado y se espera que complete las pruebas de campo para finales de 2025.

En cuanto a la expansión del mercado, tras su primera asociación para una estación de intercambio de baterías con PEGASUS International Group, GV está negociando con empresas de logística de Hong Kong para proporcionar soluciones personalizadas de intercambio de baterías. La empresa planea establecer 20 estaciones de intercambio de baterías exclusivas para finales de 2025, cubriendo las principales rutas logísticas en Hong Kong.

비저너리 홀딩스 (NASDAQ: GV)가 홍콩 배터리 교환 운영에서 중요한 발전을 발표했습니다. 이 회사는 카타르의 알파르단 그룹으로부터 10억 달러의 자금을 확보했으며, 기술 및 시장 확장에서 진전을 이루고 있습니다.

기술 면에서 GV는 현재 5-8분에서 3분 이하로 교환 시간을 단축하는 것을 목표로 하는 차세대 스마트 배터리 교환 시스템을 개발하고 있습니다. 이 기술은 시장의 80% 이상의 전기차와 호환될 것이며, 2025년 말까지 현장 테스트를 완료할 것으로 예상됩니다.

시장 확장 측면에서 GV는 PEGASUS International Group과의 첫 배터리 교환 스테이션 파트너십을 맺은 후, 홍콩 물류 회사들과 맞춤형 배터리 교환 솔루션을 제공하기 위해 협상 중입니다. 이 회사는 2025년 말까지 홍콩의 주요 물류 경로를 커버하는 20개의 독점 배터리 교환 스테이션을 설립할 계획입니다.

Visionary Holdings (NASDAQ: GV) a annoncé des développements significatifs dans ses opérations d'échange de batteries à Hong Kong. L'entreprise a sécurisé 1 milliard de dollars américains en financement auprès du groupe Alfardan du Qatar et fait des progrès tant en technologie qu'en expansion de marché.

Sur le plan technologique, GV développe un système d'échange de batteries intelligent de nouvelle génération qui vise à réduire les temps d'échange des actuels 5-8 minutes à moins de 3 minutes. La technologie sera compatible avec plus de 80 % des véhicules électriques du marché et devrait achever les tests sur le terrain d'ici fin 2025.

En ce qui concerne l'expansion du marché, après son premier partenariat pour une station d'échange de batteries avec PEGASUS International Group, GV négocie avec des entreprises de logistique de Hong Kong pour fournir des solutions d'échange de batteries personnalisées. L'entreprise prévoit d'établir 20 stations d'échange de batteries exclusives d'ici fin 2025, couvrant les principales routes logistiques de Hong Kong.

Visionary Holdings (NASDAQ: GV) hat bedeutende Entwicklungen in seinen Batteriewechselbetrieben in Hongkong angekündigt. Das Unternehmen hat 1 Milliarde US-Dollar an Finanzierung von der Alfardan Group aus Katar gesichert und macht Fortschritte sowohl in der Technologie als auch in der Markterweiterung.

Im technologischen Bereich entwickelt GV ein intelligentes Batteriewechselsystem der nächsten Generation, das die Wechselzeiten von den aktuellen 5-8 Minuten auf unter 3 Minuten reduzieren soll. Die Technologie wird mit über 80% der Elektrofahrzeuge auf dem Markt kompatibel sein und voraussichtlich bis Ende 2025 Feldtests abschließen.

Im Hinblick auf die Markterweiterung verhandelt GV nach seiner ersten Partnerschaft für eine Batteriewechselstation mit der PEGASUS International Group mit Logistikunternehmen in Hongkong, um maßgeschneiderte Lösungen für den Batteriewechsel anzubieten. Das Unternehmen plant, bis Ende 2025 20 exklusive Batteriewechselstationen einzurichten, die die wichtigsten Logistikrouten in Hongkong abdecken.

Positive
  • Secured US$1 billion financing from Qatar's Alfardan Group
  • Developing technology to reduce battery swap time to under 3 minutes
  • New technology compatible with 80% of market EV models
  • Plans to build 20 exclusive battery swap stations by end-2025
  • Established preliminary agreements with multiple Hong Kong logistics companies
Negative
  • Technology still in laboratory testing phase with no proven commercial viability
  • Commercial deployment not expected until after end-2025
  • Significant capital expenditure required for station buildout

Insights

Visionary Holdings' announcement reveals significant strategic developments that position the company for potential growth in the Hong Kong battery swapping market. The $1 billion financing from Qatar's Alfardan Group represents a substantial capital injection, providing GV with the financial runway needed to execute its ambitious expansion plans. This funding is particularly notable given GV's relatively small $23.9 million market capitalization, signaling strong external confidence in their business model.

The company's dual-focused strategy combines technological differentiation with targeted market penetration. Their R&D collaboration aims to reduce battery swap times to under 3 minutes (from industry standard 5-8 minutes) while expanding compatibility to 80% of new energy vehicles. Simultaneously, GV is securing partnerships with Hong Kong logistics companies, planning to build 20 exclusive battery swapping stations by end-2025.

The logistics sector represents an ideal beachhead market for battery swapping technology. These high-utilization fleets require minimal downtime, making rapid battery exchange particularly valuable compared to charging. By focusing on this segment, GV could establish recurring revenue streams from commercial customers while refining their technology before broader consumer adoption.

While the news is promising, investors should note several execution risks. The battery technology remains in laboratory testing phase with commercialization not expected until late 2025 at the earliest. The company must also manage significant capital expenditure for station buildout while competing against established charging infrastructure. The success of GV's strategy will depend on their ability to deliver the promised technological advantages within budget and timeline constraints.

Visionary's technological development represents a potentially significant advancement in EV battery swap efficiency. The sub-3-minute swap time target would represent approximately 50% reduction from current industry benchmarks, addressing one of the critical adoption barriers for battery swap technology – convenience comparable to traditional refueling.

The more impressive technical achievement, however, is the claimed cross-compatibility with 80% of new energy vehicle models. Current battery swap systems typically operate within closed ecosystems where vehicles and stations are designed by the same manufacturer. Creating a standardized interface capable of accommodating diverse battery architectures from multiple manufacturers requires solving complex mechanical, electrical, and software integration challenges.

From a technical implementation perspective, several engineering hurdles must be overcome: precise robotic positioning systems, universal battery connection interfaces, thermal management across different battery chemistries, and standardized battery management system (BMS) communication protocols. The laboratory testing phase is likely focusing on these integration points before field deployment.

The logistics fleet application provides an ideal testing environment – predictable routes, controlled operational parameters, and centralized maintenance facilities. These conditions allow for gradual system refinement while generating operational data. The exclusive station model also suggests Visionary may be implementing a battery-as-a-service (BaaS) model, where batteries remain company property and customers pay for the energy and service rather than owning the batteries outright.

While promising, the technology faces significant commercialization challenges including scale-up costs, battery inventory management, and regulatory requirements for safety certification across multiple battery types. The 2025 timeline for field testing indicates significant development work remains.

TORONTO, March 19, 2025 /PRNewswire/ -- Recently, Visionary Holdings (NASDAQ: GV) has continued to make efforts in the field of battery swapping for new energy vehicles in Hong Kong. After obtaining a US$1 billion financing from Qatar's Alfardan Group and entering the loan process, it has also achieved breakthrough progress in technological research and development and market expansion, once again attracting high attention from the capital market. In accordance with the information disclosure requirements for US-listed companies, the relevant key progress is hereby notified to investors and the market.

In terms of technological innovation, Visionary has reached a deep cooperation with an international top scientific research team to jointly develop a new generation of intelligent battery swapping technology. This technology aims to significantly shorten the battery swapping time, further reducing the current industry average battery swapping time of 5-8 minutes to within 3 minutes. At the same time, it improves battery compatibility and can be adapted to the batteries of more than 80% of different models of new energy vehicles on the market. Once this technological innovation is put into application, it will greatly enhance the user's battery swapping experience, effectively solve the pain point of the energy replenishment efficiency of new energy vehicles, and enhance Visionary's core competitiveness in the battery swapping market. Currently, this technology has entered the laboratory simulation test stage, and it is expected to complete field tests by the end of 2025 and gradually be put into commercial use.

In terms of market expansion, based on the cooperation with PEGASUS International Group (Hong Kong) to lay out the first battery swapping station, Visionary is actively negotiating with several local large logistics enterprises in Hong Kong and has reached preliminary cooperation intentions. These logistics enterprises have a large fleet of new energy logistics vehicles and have an urgent demand for battery swapping services. Through cooperation, Visionary will customize exclusive battery swapping solutions for them and create an integrated service system that integrates battery swapping, battery management, and vehicle maintenance. It is expected that by the end of 2025, Visionary will build 20 exclusive battery swapping stations for the cooperating logistics enterprises, covering the main logistics transportation routes in Hong Kong to meet the high-frequency battery swapping needs of logistics enterprises and contribute to the development of green logistics in Hong Kong.

These dual breakthroughs in technological innovation and market expansion have profound significance for Visionary's market value management and the boost of confidence in the capital market. From an industry perspective, with the continuous expansion of the new energy vehicle market, technological leadership and customized services will become the keys for battery swapping enterprises to stand out. By developing a new generation of intelligent battery swapping technology and laying out battery swapping services in the logistics field in advance, Visionary is expected to set a new industry benchmark in the battery swapping market in Hong Kong, further consolidate its market share, and enhance its brand value.

For investors, the efficiency improvement brought about by technological innovation and the expected revenue growth brought about by market expansion are undoubtedly a shot in the arm. Stable investment in technological research and development and a precise market expansion strategy have reduced investment risks and enhanced investors' confidence in Visionary's future profitability. At the same time, in accordance with the information disclosure requirements for US-listed companies, Visionary will regularly disclose the technological research and development progress and market expansion achievements to investors to ensure information transparency and protect investors' rights and interests.

Looking ahead, Visionary will continue to adhere to the concept of sustainable development, take technological innovation as the core driving force, and be guided by market demand to accelerate its layout in the field of battery swapping for new energy vehicles in Hong Kong. By continuously optimizing battery swapping technology and expanding service areas, it will contribute to the development of the new energy vehicle industry in Hong Kong, create substantial returns for investors, and continuously demonstrate the investment value and development potential in the field of new energy battery swapping.

For more information, please contact:

Visionary Holdings Inc.

Investor Relations Department

Email: ir@farvision.ca 

Cision View original content:https://www.prnewswire.com/news-releases/visionary-holdings-deepens-its-battery-swap-layout-in-hong-kong-driving-a-new-journey-with-the-dual-engines-of-technological-innovation-and-market-expansion-302405033.html

SOURCE Visionary Holdings Inc

FAQ

What is the timeline for Visionary Holdings (GV) to complete field tests for its new battery swapping technology?

Visionary Holdings expects to complete field tests for its new battery swapping technology by the end of 2025, followed by gradual commercial deployment.

How many battery swap stations does GV plan to build in Hong Kong by 2025?

GV plans to build 20 exclusive battery swapping stations along Hong Kong's main logistics routes by the end of 2025.

What is the expected battery swap time reduction with GV's new technology?

The new technology aims to reduce battery swap time from the current industry average of 5-8 minutes to under 3 minutes.

How much financing did Visionary Holdings (GV) secure from Qatar's Alfardan Group?

Visionary Holdings secured US$1 billion in financing from Qatar's Alfardan Group.

What percentage of EV models will be compatible with GV's new battery swapping technology?

The new technology will be compatible with batteries from over 80% of different new energy vehicle models in the market.
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