5 October 2022

COLDSKY.CN – Yugu Technology(宇谷科技),  an electric bike charging station developer in Hangzhou city of Zhejiang province, announced it raised hundreds of millions of yuan in series C financing, led by Shenzhen Capital Group and supported by CITIC Securities, Ehong Impact Capital(禹闳资本) and others.

The startup focuses on the building and operation of battery charging and swapping stations, equipped with its original safety systems. 

By the end of May 2021, the firm’s Charging Zebra service was available in more than 20,000 communities in 500+ cities, providing 300 million charging services  for nearly 10 million bike owners and preventing more than 15 million hidden safety hazards. Then the firm’s Zheli Battery Swapping service had reached 50+ cities, providing nearly 30 million service for 200,000+ riders. 

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