Funeng Technology: Wholly-Owned Subsidiary Receives Official Development Appointment Notice from GAC Group

FNO Technology announced that its wholly owned subsidiary, Guangzhou FNO Technology Co., Ltd., recently received a “Designated Development Notice” from Guangzhou Automobile Group Co., Ltd. GAC Group has selected the company to develop and supply power batteries, with delivery expected to begin in the first half of 2027. The project in this designated notice will use lithium iron phosphate power batteries designed based on the SPS super soft pack power battery solution, marking an increase in market recognition for the company’s SPS battery products and a further breakthrough of SPS lithium iron phosphate power batteries in the new energy passenger vehicle field.

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