PR83397

Business Opportunities Amid Surge in Demand for Fresh Food Delivery and Customized Delivery, Green Energy Company - Immotor Battery Exchange Business Experiences Rapid Growth

SHENZHEN, China, March 24, 2020 /PRNewswire=KYODO JBN/ --

Amid the rapid growth of the last mile delivery demand in the same city due to

changing consumption habits, Immotor, a green energy mobility network for

electric two-wheeler vehicles, has seen its battery exchange business increase

by as much as 100% over the same period of the previous year.

Compared with the same period of 2019, Immotor battery exchange orders

increased by more than 100% in January-February of 2020. During the quarantine

stage of the epidemic from January 23 to February 14, the daily average order

amount of battery exchange was at 1.5 times as the same period of last year.

After February 15, the daily average amount of battery exchange keeps a steady

growth, and the daily amount of battery exchange reached 400,000.

The spread of the COVID-19 virus has had a severe impact on the economy, some

companies' business has declined, citizens delay resumption of work, and the

real economy and financial markets are facing crisis. But some new industries

have grown against the trend, and the new business model shows its advantages.

According to Chinese media reports, as the demand for fresh food delivery and

customized delivery keeps surging, the last mile delivery industry is rising as

a result. According to the Meituan Research Institute, 336,000 new delivery

riders were registered in the Meituan platform within just one month during the

epidemic. The last mile delivery became the core channel for city commercial

operations during the epidemic.

Battery exchange business is a new model in the modern infrastructure field,

which supports the last mile delivery industry for higher speed.

Shenzhen Immotor Technology Co., Ltd., invested by Sumitomo Corporation, is the

leader of the green energy mobility network for electric two-wheeler vehicles.

Established in 2015, it released the Immotor brand and launched the green

energy intelligent mobility network platform (Including super battery, smart

exchange cabinet, energy management system, APP and cloud platform) in December

2017.

After the outbreak of COVID-19 virus epidemic, the rapid growth of the last

mile delivery demand in the same city has positively stimulated the battery

exchange business for the drivers' electric vehicles. With the advantages of

unattended and non-contact operation, Immotor guarantees the safe energy supply

for the last mile delivery and short-distance logistics industry. Its ability

to resist risks has been highlighted, the battery exchange business is healthy

and easy to manage, showing strong vitality, and the business volume has

increased without decline in the epidemic.

The Immotor platform helps drivers upgrade their electric vehicles

intelligently, guarantees the energy security of the vehicles' battery,

conducts centralized management for their electric vehicles, and ensures the

the unlimited range for the drivers by the battery exchange model. The business

model is more complete, which has the characteristics of high automation,

intelligence, high risk resistance, unattended and non-contract requirements.

It has attracted big attention in the market.

In the sharing business model and last mile delivery industry, the opportunity

for the battery exchange industry has arrived. The business model of Immotor's

battery exchange is developed and complete, and it has been tested and proved

by the market during the epidemic. The battery exchange industry is just in an

era of rapid growth.

Web: https://www.ehuandian.net

Photo - https://photos.prnasia.com/prnh/20200323/2757829-1

SOURCE Immotor

Image Attachments Links:

Link: http://asianetnews.net/view-attachment?attach-id=360405

Caption: Business Opportunities Amid Surge in Demand for Fresh Food Delivery and

Customized Delivery, Green Energy Company - Immotor Battery Exchange Business

Experiences Rapid Growth