Chengmandian Energy Technology
Focused on customizing one-stop operation services for "electric vehicle travel/operation".
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | CNY100m | Series A | |
| Total Funding | 000k | ||
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Anhui Chengmandian Energy Technology Co., Ltd., established in March 2021, operates as a specialized provider of digital battery operation services, positioning itself as a "battery bank" for the two-wheeled vehicle market. The company was created with the backing of Star Charge (星恒电源), a prominent manufacturer in the light vehicle lithium battery sector, which ensures a supply of standardized, intelligent batteries for its operations.
The firm's core business revolves around managing the complete lifecycle of lithium batteries, including leasing, charging, swapping, maintenance, and recycling. Chengmandian serves a broad spectrum of clients, from shared electric-bicycle enterprises and battery-swapping businesses to individual consumers and delivery riders. For its business clients, particularly those in the shared mobility space, it offers a comprehensive one-stop service that encompasses battery asset management, charging infrastructure, vehicle operations, and a digital MaaS (Mobility as a Service) platform designed to enhance efficiency. For individual users and smaller businesses, Chengmandian provides battery rental services and access to a network of distributed battery-swapping cabinets.
The company's product and service ecosystem includes standardized intelligent lithium batteries, centralized smart charging warehouses, and distributed smart swapping cabinets. These cabinets are designed for convenience, allowing users to swap batteries quickly. A key component of its business is the "Mandiian Home" (满电之家) platform, an online portal that connects traditional repair and retail stores with end-users, offering services like battery rentals, sales, vehicle repairs, and e-commerce, thereby creating additional revenue streams for affiliated merchants. The company generates revenue through battery leasing fees, charging and swapping service charges, and platform service fees from its integrated digital solutions.
Since its inception, Chengmandian has secured significant funding to fuel its expansion. It completed a Pre-A round of 80 million RMB in December 2021, led by Yinkun Capital and Liandong Fengye. This was followed by a 100 million RMB A-round in December 2022, with participation from Yinkun Capital and the Zibo Economic Development Zone Industrial Fund. These investments are directed towards enhancing its digital operation services and exploring new applications for its lithium battery management model.
Keywords: battery as a service, BaaS, lithium battery, digital battery operation, battery swapping, e-bike, electric scooter, energy services, shared mobility, MaaS, battery lifecycle management, battery rental, charging solutions, Star Charge, two-wheeler mobility, last-mile delivery, energy infrastructure, asset management, cleantech, smart city solutions