Two Rounds Of Battery Swap Brand Smart Rent Swap Completed B Round Of Financing

Feb 24, 2022

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At the beginning of the new year in 2022, Smart Rent and Power Exchange announced the completion of the B round of financing of 100 million yuan. This round of financing was led by Qianjiang Motorcycle and followed by Xuzhou Runhui. A total of 110 million yuan in financing was obtained.

In the cold capital winter, smart renting and power swapping can still obtain a large amount of financing. In addition to product innovation capabilities and strategic layout being recognized by the market, it is also because the leading layout and business model in the direction of the two-round power swap energy network have been fully verified.

Smart Rent has always adhered to the business ecological cooperation model. Actively cooperate with upstream and downstream parties in the industry chain with an open and sharing attitude, such as vehicle companies such as Qianjiang and Yadi, takeaway platform companies such as Meituan, Ele.me, Dingdong Maicai, BYD, Guoxuan, and Honeycomb Energy , Jinko and other power battery companies, Huawei Cloud, Wanxiang Blockchain, China Unicom and other world-leading information and communication technology companies, as well as cooperation with local government production investment funds.

Under the ecological cooperation model, the business has entered a stage of rapid development. By the end of 2021, the smart rental and power exchange business has entered 78 cities across the country, and has steadily ranked first in the industry in central cities such as Shanghai, Guangzhou, Wuxi, Suzhou, and Nanning. Currently registered And the number of service users has exceeded 800,000, and the cumulative service mileage has exceeded 1.6 billion miles. It not only involves B-side takeaway, express delivery, and new retail fields, but has also partially extended to C-side users.

Two-wheeled electric vehicles are a high-frequency and just-needed charging and swapping application scenario. Power swapping is not only an asset-heavy business, but also a "tech-heavy" business. Smart renting and power swapping is driven by innovative technologies to build a world-leading electric vehicle. The smart basic energy network is the foundation. It integrates smart battery research and development, energy storage system, smart swap station, and SaaS platform for charging and discharging safety monitoring. It integrates new-generation digital technologies such as big data, Internet, and artificial intelligence into swap station terminals and user terminals. , which constitutes a multi-functional IoT ecosystem of smart rental and electricity exchange. 

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