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Hong produced 40,000 scooters for a head-sharing travel company in just over a month.
Last year, after Meituan bought mobike, all of its founding team members dropped out, and some of them jumped back into the entrepreneurial wave, still in the two-wheeler business.
36Kr recently contacted Hongji 2Wheels, founded by Xu Hongjun, one of mobike’s co-founders and vice President of hardware development and manufacturing. Most of mobike’s original hardware engineers in Wuxi also joined the Hongji two rounds.
Founded in November 2017, Hongji mainly researches and develops two rounds of intelligent transportation vehicles and their electrical power system. Headquartered in Wuxi and with a factory in Changzhou, Hongji has obtained angel round financing of over 10 million YUAN in 2018. The investor is not disclosed, and the financing is mainly used to expand the production line.
Wang Miao, the company’s co-founder and COO and CMO, told 36Kr that hong Ji’s two rounds are mainly To B and To C. In terms of To B, Hong Kee mainly provides domestic and foreign ride-sharing operators with electric bicycles and electric scooters, and jointly develops delivery electric vehicles in line with the “new NATIONAL standard” with domestic mainstream takeout service providers. In terms of “To C”, Hongji plans To start selling its own brand of electric power bicycles in the European market in the third quarter of this year, with the target sales volume of more than 100,000 units. In the future, hongji will also successively put them into overseas markets such as the United States and Southeast Asia.
Talking about why he does not sell his own brand of electric bicycles in China, Wang miao said that Chinese consumers are more willing to pay for “more luxurious four-wheel cars”, while electric bicycles will still be mainly Shared.