Charging and Battery Swapping Business

Business overview

Langsung Electric is committed to promoting the popularization and application of new energy technologies and has launched innovative charging and swapping services to meet the needs of modern urban transportation and logistics distribution for efficient and convenient energy management. Our charging and swapping business covers the production of new energy lithium batteries, the research and development, and sales of intelligent battery swap cabinets, aiming to provide users with a full range of energy solutions. The company has mass production capabilities, a mature operation team, and market development capabilities.

Product and service support in the field of charging and swapping

• Production and sales of new energy lithium batteries
  • Produce high-performance lithium batteries, which are widely used in electric bicycles, shared electric motorcycles, and other fields.

  • Ensure that the products have long life, high safety, and fast charging capabilities to meet the needs of different users.

• Production and sales of intelligent battery exchange cabinets

  • Design and manufacture intelligent battery swap cabinets to achieve efficient battery replacement and improve user experience.

  • The battery swap cabinet is equipped with an advanced management system, supports APP self-service battery replacement, and simplifies the operation process.

• Optical storage products

  • Develop photovoltaic energy storage systems, combined with solar power generation technology, to provide green and environmentally friendly energy solutions.

  • Support off-grid and grid-connected applications to meet energy needs in different scenarios

• New energy technology research and development

  • Invest a lot of resources in the research and development of new energy technologies to maintain the leading position in technology.

  • Focus on the research and development of key technologies such as battery management systems (BMS) and energy management systems (EMS).

• Intelligent Power Equipment and Power Engineering

  • Provide intelligent power distribution equipment and integrated energy services to improve the stability and reliability of the power system.

  • Implement power engineering projects, including design, construction and operation, and maintenance services.

• Recycling of used lithium batteries:​​​​​

  • Establish a complete recycling system for used lithium batteries to reduce environmental pollution.
  • Promote resource recycling and enhance the sustainable development capacity of the industrial chain.

 

Project status

• In 2023, the new energy product production base will be put into operation and built to serve the national market.
• By the beginning of 2026, 10,000 smart battery swap cabinets will be put into use nationwide.
• In the first phase, 30 lithium battery PACK production lines will be invested in, and the annual production capacity will reach the set target.
• It is expected to invest 300,000 sets of lithium batteries for battery swap cabinets to serve 300,000 riders, with a total investment of approximately RMB 750 million.

Industry Prospects

China's charging and swapping industry is in a rapid development stage, thanks to policy support and market demand. As the number of electric vehicles increases, the demand for charging and swapping facilities will continue to grow. In 2024, the scale of China's charging pile market is expected to exceed 30 billion yuan, and the number of charging and swapping stations will increase significantly. At the policy level, the implementation of the "New Energy Vehicle Industry Development Plan (2021-2035)" will further promote the construction of charging and swapping infrastructure and technological innovation.

Business Model

Langsung Electric's charging and swapping business adopts a diversified profit model to ensure sustainable economic benefits while meeting user needs.

• Leasing model

  • Fixed rent: Each rider pays a fixed rent of 320 yuan per month for battery replacement service. Based on the battery life of 36 months, the total rental income of each battery pack can reach 11,520 yuan. Flexible packages:

  • Provide a variety of rental packages, users can choose different service plans according to the frequency of use and needs, improve customer satisfaction, and market coverage.

• Sales Model

  • Equipment sales: Sell smart battery swap cabinets and charging piles to expand the charging and swap equipment market. Enhance market competitiveness by providing high-quality equipment and professional after-sales services.

  • Battery sales: Sell standardized lithium battery modules to meet the needs of different electric vehicle and two-wheeler users.

• Service Model

  • ​​​Operational services: Provide comprehensive charging and swapping station operation and management services, including equipment maintenance, software updates, and customer support, to ensure the efficient operation of charging and swapping stations. 

  • Data services: Use intelligent management systems to collect and analyze user data, provide accurate market analysis and user behavior predictions, and provide support for business decisions.

• Value-added Services

  • Advertising revenue: Place advertisements on charging and swapping stations and smart battery swapping cabinets to increase revenue by taking advantage of the high traffic volume of charging and swapping equipment.

  • Cooperation projects: Cooperate with electric vehicle manufacturers, logistics companies, etc., to carry out joint promotion activities, share market resources, and achieve a win-win situation.

Through a comprehensive layout of charging and swapping businesses, Langsung not only provides users with efficient and convenient energy solutions but also actively promotes the application and development of new energy technologies and is committed to achieving sustainable development goals.