{"id":4913,"date":"2024-02-24T07:56:38","date_gmt":"2024-02-24T07:56:38","guid":{"rendered":"https:\/\/globalautosources.com\/?p=4913"},"modified":"2024-02-24T07:56:38","modified_gmt":"2024-02-24T07:56:38","slug":"felo-has-completed-a-round-of-financing-and-has-been-supported-by-capital","status":"publish","type":"post","link":"https:\/\/globalautosources.com\/?p=4913","title":{"rendered":"FELO Has Completed A+ Round of Financing and Has Been Supported by Capital"},"content":{"rendered":"<p>Recently, Shanghai FELO Technology Co., Ltd. (FELO brand) (hereinafter referred to as \u201cFELO Technology\u201d) announced that it has completed A+ round of financing.FELO technology obtained the strategic investment from the international large motorcycle manufacturer Guangyang (KYMCO) in 2020. After the investment of many institutions such as Guojin dingxin Capital and Chentao Capita,which is the subsidiary company that corresponding to Zuoyu Capital and Guojin Security in 2021, the company once again received a capital support of tens of millions CNY. This round of investment is led by Zuoyu Capital and followed by Jinkun Capital of Huzhou South Taihu Development Area. After this round of financing, FELO technology will increase research and development investment, set up Huzhou production line, improve the construction of domestic and foreign sales network and accelerate the pace of development in the field of electric motorcycle.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-4918\" src=\"https:\/\/globalautosources.com\/wp-content\/uploads\/2024\/02\/FELO-Technology-Co.Ltd-has-completed-A-round-of-financing-and-has-been-supported-by-capital_chinese-electric-motorcycles_news_MEGA-CHINAMOTOR-768x512-2-300x200.jpg\" alt=\"\" width=\"870\" height=\"580\" srcset=\"https:\/\/globalautosources.com\/wp-content\/uploads\/2024\/02\/FELO-Technology-Co.Ltd-has-completed-A-round-of-financing-and-has-been-supported-by-capital_chinese-electric-motorcycles_news_MEGA-CHINAMOTOR-768x512-2-300x200.jpg 300w, https:\/\/globalautosources.com\/wp-content\/uploads\/2024\/02\/FELO-Technology-Co.Ltd-has-completed-A-round-of-financing-and-has-been-supported-by-capital_chinese-electric-motorcycles_news_MEGA-CHINAMOTOR-768x512-2-327x218.jpg 327w, https:\/\/globalautosources.com\/wp-content\/uploads\/2024\/02\/FELO-Technology-Co.Ltd-has-completed-A-round-of-financing-and-has-been-supported-by-capital_chinese-electric-motorcycles_news_MEGA-CHINAMOTOR-768x512-2-100x68.jpg 100w, https:\/\/globalautosources.com\/wp-content\/uploads\/2024\/02\/FELO-Technology-Co.Ltd-has-completed-A-round-of-financing-and-has-been-supported-by-capital_chinese-electric-motorcycles_news_MEGA-CHINAMOTOR-768x512-2.jpg 768w\" sizes=\"(max-width: 870px) 100vw, 870px\" \/><\/p>\n<p><em><strong><b>1.The new force in electric era<\/b><\/strong><\/em><\/p>\n<p>FELO Technology founded in 2019,focus on the research and development,production and sales of electric motorcycles.Its subcidiary electric brand is FELO.<\/p>\n<p>In order to create the perfect product, the FELO\u00a0team has invested huge energy in product research and development. The FELO\u00a0FW-06 offers an unparalleled experience in both overtaking and acceleration. To achieve this effect not only requires a reliable controller algorithm, but also the automatic torque management system ATS that developed by FELO\u00a0Technology. At present, the FELO\u00a0team has successfully overcomed\u00a0the bottleneck of some core technologies such as battery pack, efficient transmission and high-performance car body.<\/p>\n<p>&nbsp;<\/p>\n<p>The establishment of the automotive electric industry chain has paved the way for the development of electric bicycles. At present, 70% of the parts of FELO come from the industrial system of new energy vehicles. The core competitiveness of FELO\u00a0is not in batteries, motors or a single component, but \u00a0is \u00a0the product concept which is far ahead of other players in the industr.For FELO, only the overall control of the product, the systematically\u00a0integration of the supply chain and the continuous grinding of product details can give birth to\u00a0authentic and\u00a0reliable e-\u00a0motorcycle products.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cTo be\u00a0a leading e-motorcycle design company\u00a0in the world\u201d, although it is only a jokethat put forwarder by the founder\u00a0Zhang Jingyi, it\u00a0also the true portrayal of the entireFELO\u00a0team. FELO\u00a0Technology, formerly known as the domestic motorcycle design company \u201cFELO\u00a0design\u201d, has accumulated many years of experience in product design.<\/p>\n<p><strong><em><b><i>2.The foresighted global layout<\/i><\/b><\/em><\/strong><\/p>\n<p>Zhang Jingyi, the founder of FELO\u00a0Technology said that\u00a0was really important to take the European market as the first step in the\u00a0global strategy. On the one hand, the relevant regulations in the European market are relatively sound, the\u00a0users pay more attention to product\u2019s\u00a0quality and performance, which\u00a0can help the company to\u00a0obtain market feedback\u00a0quickly and\u00a0to\u00a0improve the product\u00a0further.On the other hand, the layout of the European market is conducive to accumulating FELO\u2019s brand power, then can\u00a0explore the emerging markets such as Southeast Asia\u00a0better.<\/p>\n<p>&nbsp;<\/p>\n<p>The ultimate goal of FELO Technology is to supercede\u00a0the traditional motorcycle and\u00a0transform the motorcycle from durable consumer goods to fashion consumer good.The company will nourish \u00a0the \u00a0establishment of \u201cFei chain\u201d upstream and downstream supply chain to achieve the new-energy\u00a0motorcycles and therapid iteration\u00a0between software and hardware,in order to establish a high-end e-motorcycle brand and set them as the overall competitiveness,\u00a0aim to\u00a0become the industry leader.<\/p>\n<p>Since last year, FELO\u00a0Technology has joined hands with Gresini Racing Guinness to form FELO Gisni MotoE Team to enter the World\u2019s highest level of electric two-wheeller\u00a0competition\u00a0currently- MotoE (FIM Enel MotoE World Championship, namely\u00a0the world E-motorcycle Championship). At present, FELO has won many championships and podiums in MotoE\u00a0continuously\u00a0and has already become the head brand of high-end high-performance e-motorcycles in Europe.<\/p>\n<p>The trinity layout of research and development\u00a0in Southeast Asia localization\u00a0is also the key point of FELO\u00a0technology\u00a0in the following development.\u00a0With the development of the entire industry, FELO\u00a0Technology is also constantly optimizing\u00a0its supply chain system and R &amp; D structure with\u00a0gradually reducing the cost of high-end e-motorcycle products. In the future, it will launch high-performance and cost-effective product series that are more suitable for the Southeast Asian market. At present, FELO\u00a0has a number of products under research.With the landing of the latest round of financing and the\u00a0putting\u00a0into production in commission \u00a0of the plant in Huzhou in the furture, FELO\u00a0has been ready for the arrival of the e-motorcycle wave.<\/p>\n<p>Zhang Jingyi,the\u00a0founder of FELO\u00a0technology\u00a0said: In the wave of new energy, the most able to lead the new era are\u00a0definitely Chinese enterprises, we have a great opportunity in Chinese enterprises, we must seize this opportunity\u00a0and strive to become a new head enterprise\u00a0in this industry.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, Shanghai FELO Technology Co., Ltd. (FELO brand) (hereinafter referred to as \u201cFELO Technology\u201d) announced that it has completed A+ round of financing.FELO technology obtained the strategic investment from the international large motorcycle manufacturer Guangyang (KYMCO) in 2020. After the investment of many institutions such as Guojin dingxin Capital and Chentao Capita,which is the subsidiary&#8230;<\/p>\n","protected":false},"author":1,"featured_media":4917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[182,179],"tags":[],"_links":{"self":[{"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/posts\/4913"}],"collection":[{"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4913"}],"version-history":[{"count":1,"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/posts\/4913\/revisions"}],"predecessor-version":[{"id":4920,"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/posts\/4913\/revisions\/4920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=\/wp\/v2\/media\/4917"}],"wp:attachment":[{"href":"https:\/\/globalautosources.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalautosources.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}