2023-11-10
Recently, China Tower Co., Ltd. announced the review results of the centralized bidding project for lithium iron phosphate battery products during the transition period from 2021 to 2022. XWELL won the bid for the project as the first successful bidder, with a share of 50%. The winning product is lithium iron phosphate battery for three-wheeled/two-wheeled electric vehicles.
Winning the bid for two consecutive years fully reflects the recognition of XWELL's comprehensive strength in lithium battery technology, cost and service. With the in-depth cooperation with China Tower, XWELL will continue to provide it with more comprehensive products and better services.
XWELL is one of the first lithium battery companies to enter the battery swap market for electric two-wheelers. In 2019, it became one of the benchmarks for lithium iron phosphate flexible battery solutions in the battery swap field. Since 2020, through in-depth understanding of the market and continuous technological upgrades, XWELL has iterated three generations of products in the use of electrical switches. The existing products perfectly meet the needs of the electrical switch market. In addition to continuous efforts in the field of electric switches, XWELL will fully enter the field of electric two-wheeled vehicles in 2021, including the home electric bicycle and shared electric bicycle markets.
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