Lifan will raise 3 billion CNY on new energy vehicle

Francis From Gasgoo.com

Gasgoo.com (Shanghai May 22nd) – On May 19th, Lifan announced to raise no less than 3 billion CNY by private placement from no more than 10 specified objects on core project " Power Station" and intelligent new energy vehicle.

Related officials told reporter the main functions of Lifan are energy storage and battery change. The product will be developed is connected new energy vehicle adapting battery changing mode, which depends on the popularization of battery changing stations more. As reporter knows from related organizations, the proportion of battery changing products is little among new energy vehicle.

Industry analysts figure the battery changing mode has obvious advantages over electric charging mode, which are higher efficiency and less cost. But the battery changing mode is limited during actual use because the specifications of new energy vehicle batteries are different. So the large-scale battery changing is impossible at present. But there are still some auto enterprises trying to launch battery changing business due to the subsidy from government. The market space of battery changing is worth attention even the scale is little and the subsidy will be less.

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