Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 88

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 4
Chunk 88
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 our vehicle designs, including
internal combustion engines or hydrogen fuel cell stacks, P2 hybrid system, and rear electric axles.

In our P2 hybrid system,
the drive motor is connected between the transmission and the internal combustion engine or the hydrogen fuel cell stack. The P2 hybrid
system increases energy recuperation potential and provides additional hybrid functions, such as electric creeping and driving, as well
as recuperation during every coasting event. The rear electric drive axle supports the vehicle’s acceleration performance and compensates
for insufficient motor power during uphill climbs. Typically, the middle axle and rear axle each have an independent power control unit.
With our electronic differential control technology, we ensure the synchronization of speeds between the two axles, preventing power
interruption during gear shifts.

Each power source has its
unique energy characteristics that correspond to different control solutions. Our IDHP system enables centralized management of different
power sources, allowing for real-time computation and optimization of the power combination. Additionally, it permits individual
management of different power sources in hybrid vehicles. This flexibility ensures that each power source can supplement and serve as
a backup in case of mechanical failures, enhancing the safety of the vehicle.

SOEC hydrogen production technology

Led by Mr. Onuma Yoshio,
we have developed our SOEC hydrogen production technology to complement and support the further commercialization of our hydrogen-powered fuel
cell vehicles. The SOEC technology can use renewable energy sources (such as wind, hydro, and solar energy) that were previously underutilized
or difficult to stably integrate into the grid to electrolyze water vapor and produce oxygen and hydrogen. These clean energy sources
have the advantage of being carbon emission-free throughout the whole process. Particularly, our SOEC hydrogen production technology
utilizes a solid oxide electrolyte made of ceramic materials to achieve the electrolysis of water and produce hydrogen, without using
precious metals. The major advantages of our SOEC hydrogen production technology include the following:

  a modular design,                                                            

  a solid-state structure,                                                               

  a relatively high                                                                             

  products from water                                                                                      

Compared with SOEC hydrogen
production technology based on yttria-stabilized zirconia materials, our technology has a more efficient hydrogen production system,
resulting in a longer usage cycle and reduced production costs.

Our Services

We strive to offer our customers
a comprehensive suite of convenient services to meet their diverse needs. Our services are easily accessible through various channels,
including our mobile application, offline service stations,