TAIPEI, Taiwan and PARIS, Aug. 29, 2025 — TotalEnergies Lubrifiants and XING Mobility, a leading innovator in immersion cooling battery technology, have signed a Memorandum of Understanding (MOU) to collaboratively advance immersion cooling battery systems. The initial focus will be on optimizing and promoting these systems for electric marine applications, with subsequent expansion into energy storage solutions, mobility, and backup power for AI data centers.
Jean Parizot, Vice President Automotive at TotalEnergies Lubrifiants, and Royce Hong, Founder and CEO of XING Mobility, at the MOU signing ceremony.
This strategic alliance combines TotalEnergies’ proficiency in advanced fluids and global energy solutions with XING Mobility’s innovative immersion cooling battery system. Originally designed for high-performance electric sports cars, XING Mobility’s system is now being commercialized for broader electric mobility and energy storage system markets.
By integrating TotalEnergies’ high-performance dielectric fluids with XING Mobility’s advanced battery architecture, the partnership seeks to expedite the implementation of next-generation battery cooling technologies in European-certified marine solutions and high-safety, high-power energy storage systems. The collaboration will also extend to critical applications such as sportscars, electrified underground mining machinery, and aviation, as the two companies jointly promote a global shift towards cleaner, safer, and more sustainable electrification across diverse sectors.
Jean Parizot, Vice President Automotive at TotalEnergies Lubrifiants, commented: “This collaboration creates opportunities for joint market development, utilizing TotalEnergies’ international network and XING Mobility’s technical leadership to broaden the global impact of direct immersion cooling technology. This partnership reinforces both companies’ commitment to driving innovation and fostering a cleaner, electrified future.”
Royce Hong, Founder and CEO of XING Mobility stated: “We are excited to collaborate with TotalEnergies to promote immersion cooling battery technology. By joining forces, we are delivering next-generation solutions for various electrification markets and accelerating the transition to a more sustainable energy future.”
About TotalEnergies
TotalEnergies is a global multi-energy company involved in the production and marketing of various forms of energy worldwide, including oil and biofuels, natural gas and green gases, renewables, and electricity. With 105,000 employees, TotalEnergies is dedicated to providing affordable, cleaner, more reliable, and accessible energy to a wide range of people. Operating in over 130 countries, TotalEnergies prioritizes sustainable development in all its projects and operations to enhance the well-being of communities.
About TotalEnergies Lubrifiants
TotalEnergies is a leading global manufacturer and marketer of lubricants, operating 42 production sites worldwide and employing over 5,800 people in 160 countries. TotalEnergies’ Lubricants division provides innovative, high-performance, and environmentally responsible products and services, developed by its R&D centers with over 130 researchers. TotalEnergies’ lubricants division is a key partner for players in the automotive, industrial, and marine sectors.
About XING Mobility:
Founded in 2015, XING Mobility is a global leader in immersion cooling battery technology, with a production facility in Taiwan. For over a decade, XING has refined its immersion cooling system to enable exceptional thermal efficiency, superior fire safety, and reliable performance in challenging climates. XING’s innovations are facilitating the global shift to electrification, with proven applications in supercars, passenger and commercial vehicles, agricultural and industrial machinery, energy storage systems, and the world’s first immersion-cooled ESS for wind farms. XING Mobility continues to advance global electrification through strategic partnerships.
TotalEnergies Lubricants Contact : Thomas.biasio@totalenergies.com
XING Mobility Contact : press@xingmobility.com
Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document refer to TotalEnergies SE and the consolidated entities directly or indirectly controlled by TotalEnergies SE. The words “we”, “us” and “our” may also refer to these entities or their employees. The entities in which TotalEnergies SE directly or indirectly holds a shareholding are separate legal entities, and TotalEnergies SE is not liable for their acts or omissions. This document may include forward-looking information and statements based on economic data and assumptions made within specific economic, competitive, and regulatory contexts. These statements may prove inaccurate and are subject to various risk factors. Neither TotalEnergies SE nor its subsidiaries are obligated to update any forward-looking information, statements, objectives, or trends in this document, whether due to new information, future events, or other factors. Information concerning risk factors that could affect TotalEnergies’ financial results or activities is available in the most recent Registration Document, filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
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