SRE POWER equips Lonex with intelligent battery swapping stations and systems, fueling its quick market launch across Southeast Asia and beyond. Equipment is in operation across Taiwan, China, Japan and Thailand.

With its business model of “large-scale battery swapping network + KYMCO’s robust physica distribution channels + fast energy replenishment experience”, lonex has built a closed-loop ecosystem that is hard for other brands to replicate. lonex has constructed and been continuously expanding thousands of battery swapping stations with a high coverage density, reaching more than 80% ofthe local administrative regions. The convenience brought by the large-scale network has significantly boosted user stickiness, endowing lonex with a first-mover advantage in the battery swapping ecosystem.