HOPE Technik

What HOPE Technik does

HOPE Technik is a Singapore-based, privately-held engineering services company founded in 2006 and headquartered in Jurong West, employing 51-100 staff. Its core offering spans mechanical, electrical, electronics and software engineering services, executed as custom-engineering programmes rather than standardised products. The company is co-founded and led by Jeff Tang, who serves as Chief Technology Officer.

The company's most prominent commercial product is a line of customised external LiFePO4 battery packs designed specifically for Tesla vehicles in Singapore, developed to power the mandatory On-Board Units (OBUs) required under the country's next-generation Electronic Road Pricing (ERP 2.0) system. These packs have been tested against the IEC-60068 environmental conditions standard and the IEC-60529 dust/water resistance (IP rating) standard, and have been validated by Singapore's Land Transport Authority (LTA) as meeting international safety requirements, addressing fire-hazard concerns previously raised by the Tesla Owners Club Singapore. As of February 2026, approximately 4,200 Tesla vehicles in Singapore had been fitted with Hope Technik's solution.

HOPE Technik operates a B2G / B2B go-to-market, supplying directly into the LTA and Tesla Singapore ecosystem, with Indeco Engineers handling physical installation. Pricing is not publicly disclosed and revenue figures are unavailable. Beyond the OBU battery line, the company continues to provide multi-disciplinary engineering services to undisclosed clients, but the bulk of its recent public visibility and strategic positioning is tied to the Singapore ERP 2.0 mandate.

Name

HOPE Technik

Legal name

Hope Technik

Website

https://hopetechnik.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

HOPE Technik is a Singapore-based multi-disciplinary engineering services firm that developed and supplies LTA-validated, customised LiFePO4 battery packs for Tesla vehicles to power mandatory On-Board Units under Singapore's ERP 2.0 system.

Ownership category

akta.pro rank

Product category

Automotive Electronics

NAICS

Battery Manufacturing (33591)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Battery Pack & Module Manufacturing (EV) (IMACACAA)

akta.pro secondary industries

Aftermarket Battery, Charging & Power Accessories Manufacturing (12V Batteries/Jump Starters/Chargers/Inverters) (IMACANAL), Battery Pack Manufacturing & Module Assembly (EUAFABAI)

Keywords

• Custom battery pack design
• Automotive electronics manufacturing
• Mechanical engineering services
• Electronic engineering services
• Embedded software development

Headquarters

HQ city

Jurong West

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Operations

Core offering

HOPE Technik designs, develops, manufactures, and supplies customised external LiFePO4 battery packs for Tesla vehicles to power the On-Board Unit mandated by Singapore's Electronic Road Pricing (ERP) 2.0 system. Underpinning this product, the firm delivers mechanical, electrical, electronic, and software engineering services to industrial and mobility customers requiring bespoke electromechanical assemblies.

Product overview

HOPE Technik is a Singapore-based engineering company that develops customized external battery packs for electric vehicles. The company's primary product offering is a custom external battery device designed for Tesla vehicles to power mandatory On-Board Units (OBUs) required for Singapore's next-generation Electronic Road Pricing system. The battery packs use lithium iron phosphate cells and meet international safety standards as confirmed by Singapore's Land Transport Authority (LTA).

Differentiator

Problem solved

Functional benefit

Products and services

• Customised External Battery Pack for Tesla On-Board Unit (OBU) An external LiFePO4-based battery pack engineered to power the On-Board Unit (OBU) required under Singapore's Electronic Road Pricing 2.0 system on Tesla vehicles, certified against IEC-60068 (environmental testing) and IEC-60529 (ingress protection) standards and validated by Singapore's Land Transport Authority (LTA). Sold via OEM and channel partners (Tesla Singapore, Indeco Engineers) to the LTA-regulated Singapore EV market.
• Mechanical, Electrical, Electronics and Software Engineering Services Bespoke mechanical, electrical, electronics, and embedded software engineering services delivered to industrial and mobility customers requiring customised electromechanical assemblies, with the ERP 2.0 OBU battery pack as the flagship application.

Segments1 record

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Tesla SingaporecoreStrategic or Co-development Partner · 1 January 2026Tesla Singapore partnered with Hope Technik and LTA to develop a customised external battery pack solution for Tesla vehicles to power mandatory On-Board Units (OBUs) required by Singapore's next-generation Electronic Road Pricing system.
• Land Transport Authority (LTA)coreStrategic or Co-development Partner · 1 January 2026LTA engaged Hope Technik to develop customised external battery packs for Tesla vehicles to power mandatory OBUs, and subsequently confirmed that the battery packs comply with international safety standards (IEC-60068 and IEC-60529), addressing earlier safety concerns.
• Indeco EngineersminorImplementation/ SI/ Consulting Partner · 1 January 2026Indeco Engineers handled the physical installation of the customised battery packs developed by Hope Technik into Tesla vehicles as part of the Singapore OBU programme.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Forsee Power: French designer and manufacturer of battery pack systems for electric commercial vehicles, buses, and industrial applications. Directly comparable to HOPE Technik as a specialist integrator of customized Li-ion battery packs into EVs and mobility platforms.
• Hyperdrive Innovation: UK-based battery pack manufacturer producing bespoke Li-ion packs for EVs, industrial vehicles, and stationary storage. Comparable in offering customized, low-to-medium volume battery pack engineering rather than high-volume cell production, mirroring HOPE Technik's project-based model.
• Lithium Werks: Provider of lithium iron phosphate (LiFePO4) cells, modules, and packs for industrial, e-mobility, and energy storage markets. Directly comparable because HOPE Technik's OBU pack is built around LiFePO4 chemistry, and Lithium Werks sells integrated pack solutions to similar OEM and aftermarket customers.
• Green Cubes Technology: US-headquartered manufacturer of advanced lithium battery systems for motive, industrial, and e-mobility applications. Closely aligned with HOPE Technik in supplying integrated, application-engineered Li-ion packs to fleet and mobility OEMs.
• Brusa HyPower: Swiss designer of power electronics and battery systems for electric vehicles, offering customized pack engineering and on-board charging solutions. Comparable to HOPE Technik as a specialist EV power-systems engineering firm rather than a commodity pack assembler.

Broad incumbents

• EnerSys: Global manufacturer of industrial and motive power batteries, including lithium and lithium-iron-based systems for forklifts, EVs, and specialty vehicles. A broader incumbent whose product portfolio overlaps HOPE Technik's battery-pack offering at a much larger scale.
• EcoFlow: Consumer-focused portable power and LiFePO4 battery solutions company with growing e-mobility and automotive-adjacent product lines. Comparable as a LiFePO4-pack specialist, though serving consumer and prosumer rather than the regulated automotive-utility hybrid niche HOPE Technik occupies.
• EDAG Group: Large independent engineering services provider serving global automotive OEMs, with strong capabilities in EV and battery system development. Comparable to HOPE Technik's general mechanical/electrical/software engineering services footprint, though at vastly larger scale.

Emerging players

• Battle Born Batteries (Dragonfly Energy): US supplier of drop-in LiFePO4 battery packs for RV, marine, and specialty vehicle markets. Comparable to HOPE Technik in selling LiFePO4 packs as premium, compliance-positioned aftermarket solutions to a defined vehicle cohort.
• Connected Energy: UK-based integrator of second-life and stationary lithium battery packs for EV charging and grid applications. Adjacent peer in customized, compliance-driven battery pack integration for the transport-electrification ecosystem in which HOPE Technik operates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HOPE Technik