Feb. 12 at 4:28 PM
E-Power announced a memorandum of understanding with Kehui International to form a U.S.-based joint venture, E-Power Grid Inc. USA, focused on microgrids for AIDC, power equipment, and energy automation.
E-Power will hold at least a 55% stake and invest
$1.5 million in cash for the venture’s initial setup, while Kehui will contribute its patented “Synchronous Constant Frequency Microgrid” technology and technical support. The patents will be valued by an independent appraisal agency.
The joint venture will have exclusive rights to use the patented technology in the U.S. and Canada. The agreement includes performance targets, including
$3 million in cumulative sales within the first three years to secure long-term patent retention.
Both companies plan to establish a joint task force within 30 days to finalize registration, patent valuation, and capital transfers.
$EPOW