Hittech's March Revenue Hits Record High, Driven by Dual Engines of Energy Storage and Batteries
Hittech's Q1 revenue surged 12-fold year-over-year to over NT$3 billion. The company is actively expanding into Japan and Southeast Asia, partnering with VOLVO PENTA to build a regional smart energy storage ecosystem.
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- 📰 Published: April 10, 2026 at 16:36
- 🔍 Collected: April 10, 2026 at 17:00 (24 min after Published)
- 🤖 AI Analyzed: April 20, 2026 at 06:46 (229h 46m after Collected)
Hittech's cumulative revenue for the first quarter exceeded NT$3 billion, reaching NT$3.091 billion. This represents a year-over-year increase of more than 12 times and achieves over 70% of the 2025 full-year revenue target of NT$4.221 billion.
Hittech stated that, targeting the Japanese market, it established a subsidiary, Hexi New Energy LLC (和熙新能源合同會社), in 2025 to expand into the electricity market, ship battery modules, and make strategic investments.
Furthermore, Hittech will concurrently expand into the Southeast Asian market. Through the deployment of mobile energy storage products in collaboration with VOLVO PENTA, the next step will be connecting dealers across multiple countries including Japan, South Korea, Singapore, Malaysia, the Philippines, Thailand, Vietnam, and Indonesia to build a regional smart energy storage ecosystem. It is expected that the revenue contribution from overseas markets will gradually increase in the second half of this year, fueling further operational growth momentum. (Editor: Lin Shu-yuan) 1150410
Hittech stated that, targeting the Japanese market, it established a subsidiary, Hexi New Energy LLC (和熙新能源合同會社), in 2025 to expand into the electricity market, ship battery modules, and make strategic investments.
Furthermore, Hittech will concurrently expand into the Southeast Asian market. Through the deployment of mobile energy storage products in collaboration with VOLVO PENTA, the next step will be connecting dealers across multiple countries including Japan, South Korea, Singapore, Malaysia, the Philippines, Thailand, Vietnam, and Indonesia to build a regional smart energy storage ecosystem. It is expected that the revenue contribution from overseas markets will gradually increase in the second half of this year, fueling further operational growth momentum. (Editor: Lin Shu-yuan) 1150410