TAIPEI (Taiwan News) — Xing Mobility announced Thursday its partnership with Pacific Electric Wire and Cable to develop a novel hybrid energy storage system.

Through this project, PEWC will leverage its vanadium redox flow battery technology to provide a stable energy supply, while Xing Mobility’s lithium batteries will respond quickly to peak loads, per CNA.

Xing Mobility said in a press release that redox flow batteries offer long-lasting stability, while immersion-cooled lithium batteries provide high efficiency and rapid response. The vanadium-lithium hybrid energy storage system aims to combine these advantages to create a technology that is safe, flexible, and durable.

“This marks a breakthrough in energy storage technology,” Xing Mobility Founder and CEO Hung Yu-chun (洪裕鈞) said. “By uniting two of the safest and forward-looking battery chemistries, we are delivering a future-ready system that meets the complexity of modern energy demands with safety, flexibility, and efficiency.”

Xing Mobility explained that PEWC’s vanadium redox flow battery technology uses an aqueous electrolyte, making it non-flammable and capable of lasting over 20 years.

Founded in 2015, Xing Mobility specializes in lithium battery technology, which has been applied in mobile charging stations in Norway and offshore wind energy storage projects in Taiwan, per CNA.