Company

MG Power

MG Power develops magnesium-based hydrogen storage materials for fuel cells and clean energy storage.

About

MG Power develops magnesium hydride and magnesium alloy hydrogen storage materials for fuel cells and smart grid energy storage. The company has a provincial R&D center and experimental bases, and has worked with Shanghai Jiao Tong University Hydrogen Science Center. Founded in 2017 in Shanghai, China, it received venture funding from CUFE Rising Capital Management and Anhui Guoyao Venture Capital Management in April 2025.

1Funding rounds

2Investors

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