Hithium Stock

Hithium specializes in the production of stationary energy storage systems (BESS). The company is dedicated to serving utility-scale, commercial, and industrial sectors with its advanced lithium-ion battery technologies. Unlike many of its competitors who focus on e-mobility, Hithium exclusively targets the stationary energy storage market, enabling it to offer specialized and optimized solutions. The company's product range includes high-efficiency batteries and energy storage systems. Notable innovations from Hithium include its 314 Ah cells, which boast an impressive 11,000-cycle life, and the 5 MWh ∞block, a compact and high-capacity energy storage solution. Since its inception, Hithium has shipped over 11 GWh of battery capacity globally, with a significant portion of this capacity delivered in recent years. The company is on track to expand its production capabilities to 70 GWh by the end of 2023. Hithium's commitment to quality and sustainability is evident through its various certifications and achievements. The company has received TÜV Rheinland certification for its test verification center, ensuring that its internal battery testing processes meet globally respected standards. Additionally, Hithium's production facility in Xiamen has achieved PAS 2060 carbon neutrality certification, reflecting its dedication to sustainable manufacturing practices. The company's extensive global operations include strategic locations for production, research, and sales across multiple continents, enabling it to serve a diverse international market. Hithium has been a trusted partner for major grid operators, renewable energy companies, and energy project developers. It has supplied batteries for significant projects, including China's largest standalone energy storage plant and various large-scale distributed energy storage projects. Hithium's innovative approach and specialized focus on stationary BESS allow it to deliver unique advancements in cost-effectiveness, performance, durability, and safety. By prioritizing these aspects, the company aims to support the global transition to clean energy and contribute to a sustainable future.