Shell's (SHEL) electric vehicle charging service Shell Recharge and SINEXCEL have launched a joint laboratory in Shenzhen, China, to develop EV charging technologies and energy solutions, the Chinese energy technology company said Tuesday.

The companies also signed a memorandum of understanding covering collaboration in research and development, technical exchange and pilot projects, SINEXCEL said.

The joint laboratory will focus on ultra-fast charging, smarter energy management, solar-storage charging systems, megawatt charging infrastructure and artificial intelligence-driven monitoring and maintenance technologies, SINEXCEL said.

Financial terms were not disclosed.