Shanghai (ZXZC)- SVOLT, a GWM (Great Wall Motor)-linked Chinese power battery maker, announced on Jan. 6 the launch of its Shanghai-based R&D center, whose construction will be assisted by Shanghai Jiading District State-Owned Assets Operation Group Co. Ltd., a state-run company owned by the government of Shanghai's Jiading District.

SVOLT, Shanghai Jiading District State-Owned Assets Operation Group Co. Ltd. signing agreement; photo credit: SVOLT

The new R&D center will operate under an entity named “Zhangyu Boshi (meaning “Doctor Octopus”) Intelligent Technology (Shanghai) Co.,Ltd. According to SVOLT, the new facility will offer technical support to the development of BMS (battery management system)-related software & hardware, industrial software, controllers for intelligent devices, AI algorithm, integration design for lighthouse factories, serving as a supplier of key systems to the intelligent control and intelligent manufacturing segments for new energy vehicle (NEV), NEV component, and electronic information industries.

Besides, the Shanghai-based R&D hub will also work as an investment platform for entrepreneurship, offering interest-free loans, equipment leasing, rent-free workplaces, and other services to eligible startup projects.

The company revealed the Shanghai R&D center will provide AI-enabled visual technology, intelligent analysis, simulation, and other innovation technologies for the building of SVOLT's AI intelligent factory. Meanwhile, the new center will be dedicated to developing an industrial Internet platform and industrial software.

Moreover, the Shanghai R&D hub will also focus on developing automotive BMS to help improve safety performance and service life for batteries.

As for the development of talent pool, SVOLT's Shanghai R&D center aims to build a professional team with over 500 experts by 2025.