GLP has teamed up with a Chinese energy storage firm CATL to explore smart energy systems for commercial properties, logistics management and transportation.
The newly formed venture will explore a number of opportunities including providing renewable energy to GLP’s logistics assets.
GLP said the venture will also partner with a driverless vehicle company, a previous investment of GLP, to jointly develop solutions in logistics management and transportation.
Ming Mei, co-founder and CEO of GLP, said: “Partnering with CATL will extend our asset-as-a-service model to green energy asset management and accelerate the replacement of traditional energy with green energy, bringing the logistics and transportation industry into a new and more green era.”
Robin Zeng, founder, chairman and CEO of CATL, said: “We believe this new partnership is highly complementary and will open up new opportunities to develop innovative technologies and catalyse next-generation new energy services and solutions to meet the needs of our customers.”