On August 16, Sichuan Deke IOT Technology Co., Ltd. (hereinafter referred to as "Deke IOT") signed a strategic cooperation agreement with Veritas Electric Vehicle Technology Co., Ltd. (hereinafter referred to as "Veritas electric") under Geely Group. The two sides will jointly explore and carry out a series of in-depth cooperation in the field of "double carbon standards".

It is reported that this strategic cooperation is based on the in-depth exploration of the "double carbon standard" field by both parties, relying on the R & D and operation ability of Deke IOT in local cities, and combining with the leading technology and products of Veritas in the energy storage industry.

The two sides will cooperate in the application of urban energy storage, urban infrastructure construction, renewable utilization of new energy, urban comprehensive energy management, urban super charging field with the combination of energy storage and green energy, and jointly empower the city to "meet the double carbon standard".

It is reported that the amount of urban investment in this cooperation will reach 10 billion level.

In fact, China is vigorously promoting carbon neutrality. At the two sessions this year, carbon peak and carbon neutral were written into the government work report for the first time. In September 2020, China announced to the world that it would strive to achieve carbon peak by 2030 and carbon neutrality by 2060. Achieving carbon peak and carbon neutralization is not only the national strategy, but also the responsibility of all sectors of society.

In meeting the goal of carbon neutrality, the key point is to improve the energy structure. The state clearly proposed to promote the development of electrochemical energy storage. According to the white paper 2021 on energy storage industry research, the cumulative installed capacity of electrochemical energy storage in China is about 3.27gw by the end of 2020. At the same time, the national development and Reform Commission and the national energy administration proposed in the guiding opinions on accelerating the development of new energy storage that by 2025, China should realize the transformation of new energy storage from the initial stage of commercialization to scale, with an installed capacity of more than 30million kW.

"The development of energy storage business is the national energy strategy clearly mentioned in the 14th five year plan and the long-term goal of 2035. It is the common demand of society, the country, energy strategy and industrial development. It is the transformation and extension of basic energy industry technology and application, and has broad prospects and significance." At the scene, the relevant person in charge of Deke IOT said that it is the responsibility of Sichuan local enterprises to make new energy high-tech products serve Sichuan and strive to promote the implementation of the industry.

As a technology and service enterprise based on big data, it informatization and the Internet of things, Deke IOT Technology Co., Ltd. serves the urban intellectualization and digitalization, and is rooted in the comprehensive management of the city.

As a new energy enterprise under Geely Holding Group, the main force in the Chinese brand automobile market, virui Electric Vehicle Technology Co., Ltd. is mainly engaged in the research and development, manufacturing, sales and after-sales services of new energy vehicle power battery packs, energy storage systems, electric drive systems and electronic products.

This strategic cooperation will help Deke IOT and VREMT electric give full play to their respective advantages in urban services, new energy applications and other fields. On the one hand, as electrification and intelligence promote the reshaping of the global automotive industry ecosystem, it helps Geely Holding Group to build an industrial chain alliance and expand its ecological circle of friends. On the other hand, Deke IOT can give full play to its service capabilities in urban management, urban infrastructure, industrial and commercial enterprises, and help enterprises explore new service modes and cooperation opportunities in urban "carbon neutrality" and "carbon peak".