Goldman Sachs Hedge Fund Basket Outperforms S&P 500, Surging 16% YTD Amid Tech Sector Dominance

viernes, 29 de agosto de 2025, 3:55 am ET1 min de lectura
TTE--

TotalEnergies has signed a MoU with Taiwanese company Xing Mobility to collaborate on immersive battery cooling systems for electrified applications in industry. The partnership aims to accelerate the adoption of next-generation cooling technologies in marine solutions, energy storage systems, and other sectors such as stationary energy storage, mobility, and backup power for AI data centers.

TotalEnergies and XING Mobility, a global leader in immersion cooling battery technology, have signed a Memorandum of Understanding (MOU) to collaborate on advanced immersion cooling battery systems. The partnership aims to accelerate the adoption of next-generation cooling technologies in various sectors, including marine applications, energy storage systems, mobility, and backup power for AI data centers.

The collaboration will leverage TotalEnergies' expertise in advanced fluids and global energy solutions with XING Mobility's innovative immersion cooling battery system. Initially, the partnership will focus on optimizing and promoting electrified marine applications. This will be followed by expanding into energy storage solutions, mobility, and backup power for AI data centers. The collaboration will also extend to critical applications such as sportscar, electrified underground mining machinery, and aviation.

Jean Parizot, Vice President Automotive at TotalEnergies Lubrifiants, and Royce Hong, Founder and CEO of XING Mobility, signed the MOU. Parizot stated, "This collaboration sets the stage for joint market development efforts, leveraging TotalEnergies' international network and XING Mobility's technical leadership to expand the global reach of direct immersion cooling technology." Hong added, "We're delighted to partner with TotalEnergies to promote immersion cooling battery technology. By combining our strengths, we’re delivering next-generation solutions for diverse electrification markets and advancing the shift toward a more sustainable energy future."

TotalEnergies, a global multi-energy company, produces and markets energies on a global scale, including oil and biofuels, natural gas and green gases, renewables, and electricity. The company is committed to sustainable development and has over 105,000 employees active in more than 130 countries.

XING Mobility, founded in 2015, has perfected its immersion cooling system over a decade, enabling superior thermal efficiency, unmatched fire safety, and reliable performance in extreme climates. The company's innovations are driving the global transition to electrification across various applications.

The partnership is expected to drive innovation and support a cleaner, electrified future by combining TotalEnergies' high-performance dielectric fluids with XING Mobility's advanced immersion cooling battery architecture.

References:
[1] https://www.globenewswire.com/news-release/2025/08/29/3141293/0/en/TotalEnergies-and-XING-Mobility-Join-Forces-to-Scale-Advanced-Immersion-Cooling-Battery-Technologies-Across-Electrification-Markets.html
[2] https://finance.yahoo.com/news/totalenergies-xing-mobility-join-forces-070000166.html

Goldman Sachs Hedge Fund Basket Outperforms S&P 500, Surging 16% YTD Amid Tech Sector Dominance

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