FinDreams Battery and Ulaanbaatar Sign Strategic Cooperation MoU

FinDreams Battery and Ulaanbaatar Establish Strategic Cooperation

FinDreams Battery Ulaanbaatar strategic cooperation will focus on green transportation, new energy infrastructure, and intelligent energy storage under a newly signed memorandum of understanding. FinDreams Battery Co., Ltd. (FDB) announced that it has entered the agreement with Ulaanbaatar, the capital of Mongolia, establishing a framework for advancing cooperation across several new energy and transportation initiatives. The partnership is intended to combine Ulaanbaatar’s local resources and policy support with FDB’s capabilities across new energy vehicles, energy storage, and intelligent transportation. The two sides aim to develop a long-term strategic relationship while moving toward implementation of specific projects in these areas.

Electric Vehicles and Urban Charging Infrastructure

Under the MoU, FinDreams Battery Co Ltd and Ulaanbaatar plan to expand the adoption of electric vehicles and develop a network of urban green fast-charging stations. The charging initiative is intended to support broader electric mobility deployment while strengthening the city’s new energy infrastructure. The cooperation will also leverage resources and policy support available in Mongolia, alongside FDB’s full-industry-chain capabilities in new energy vehicles and related energy technologies. Together, these activities are designed to create a foundation for implementing green transportation projects and expanding the use of electric mobility within the capital.

Energy Storage and Intelligent Public Transportation

The cooperation also covers deployment of battery energy storage systems (BESS) and advancement of the SkyShuttle intelligent public transportation project. These initiatives broaden the agreement beyond electric vehicle adoption by addressing energy storage and intelligent transportation infrastructure as part of a wider new energy ecosystem. FinDreams Battery Co Ltd will contribute its capabilities in energy storage and intelligent transportation, while Ulaanbaatar will provide local resources and policy support. The two sides intend to use these combined strengths to advance specific projects and establish a long-term strategic partnership supporting green transportation and new energy development in Mongolia.

Frequently Asked Questions

What projects are covered by the FinDreams Battery and Ulaanbaatar cooperation?
The cooperation covers electric vehicle adoption, urban green fast-charging stations, battery energy storage systems, and the SkyShuttle intelligent public transportation project. The memorandum of understanding establishes a framework for cooperation between FinDreams Battery Co., Ltd. and Ulaanbaatar, capital of Mongolia. The two sides plan to combine Ulaanbaatar’s local resources and policy support with FDB’s capabilities across new energy vehicles, energy storage, and intelligent transportation. The broader objective is to establish a long-term strategic partnership and advance implementation of specific green transportation and new energy infrastructure projects.