E-Motor is a two-wheeled electric vehicle intelligent power exchange company, dedicated to opening the era of “3-second power exchange” for two-wheeled electric vehicle users. More than 1,200 intelligent power exchange cabinets have been installed in 18 cities, providing more than 100,000 times a day. The battery swap service has enabled users to ride more than 120 million kilometers, while reducing the use of lead and the risk of environmental pollution by more than 4 million kilograms. Recently, Easy Motor has completed the C+ round of financing, with a financing amount of hundreds of millions of yuan. This round was jointly led by Yuecai Fund, Petroleum Authority of Thailand (“PTT”), and Petronas Malaysia (“PETRONAS”), followed by Qulian Technology, Japan’s SMBC Trust Bank, Qingdao Yongwan Asset Management Group and other veterans. Shareholders continue to overweight. This round of financing will be mainly used for innovative technology research and development, new product development, international/domestic market expansion, and the construction of city-level energy networks.
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