GUS Technology and Tyfast Energy Forge Strategic Alliance to Develop High-Performance Vanadium Lithium-Ion Battery Technology
Date: 04 Jun 2025 |
Source: Economic Daily News (Taipei), 3 June 2025
Taiwanese battery innovator GUS Technology today announced a strategic partnership with California-based startup Tyfast Energy Corp., aiming to jointly develop a next-generation vanadium-based lithium-ion battery solution. This alliance comes as global demand for energy storage surges and energy policy transitions gain momentum worldwide.
The partnership will focus on advancing lithium vanadium oxide (LVO) as the anode material to enable breakthrough improvements in both charging speed and cycle life. According to Tyfast’s internal testing, the new battery technology achieves 10 times faster charging than conventional lithium-ion batteries, enabling full charging within 10 minutes, while delivering over 10,000 cycles and an energy density of 200 Wh/kg.
“Through this collaboration with Tyfast, we are accelerating the development of advanced battery technologies that emphasize both speed and safety—adding new momentum to the global energy transition,” said Shih-Fan Hsu, Chief Strategy Officer and spokesperson of GUS Technology.
Looking ahead, the two companies are evaluating the establishment of a large-scale vanadium battery manufacturing facility in North America, utilizing GUS’s technology transfer model to build a stable regional supply chain. This would strengthen global energy resilience and drive international technology expansion, while boosting licensing revenues for GUS.
“Thanks to GUS’s world-class manufacturing capabilities, we are now positioned to accelerate the commercialization of Tyfast’s vanadium anode technology,” said G.J. la O’, Co-founder and CEO of Tyfast.
GUS Technology is Taiwan’s leading battery cell and module startup, holding national leadership in advanced lithium titanate (LTO) and high-nickel NCM811 technologies. The company completed its GWh-scale soft pack battery cell factory in 2024 and has entered full-scale production. It delivers 100% Taiwan-made batteries that outperform industry benchmarks across six technical criteria: energy density, high/low temperature tolerance, fast charge/discharge capability, safety, and manufacturability.
Targeting high-value applications such as electric buses, data centers, residential and industrial energy storage, autonomous vehicles, and defense, GUS has already built strategic alliances with top-tier customers in Japan, Singapore, and Australia.
With NT$179 million in consolidated revenue in the first four months of 2025, representing 240% year-over-year growth, GUS is expanding its international footprint in Norway and the UK. Amid global tariff tensions and rising demand for localized supply chains, the company is leveraging its TSMC-style foundry model—offering full-stack services from materials R&D to cell and module integration—to open new customer channels and scale production at its new Zhongli plant.