TYCORUN battery swapping business model - high value investment project

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We provide you the best battery swapping stations solution of electric motorcycle battery

TYCORUN ENERGY provides a complete set of solutions and business consulting for battery swap station, including independently developed battery swap software and management system, motorcycle batteries designed for battery swap and battery swap cabinet with intelligent cabinet control system, and all of these can be developed with customized ODM,OEM services.

As a manufacturer of battery swap station system and lithium ion battery with 16 years of professional experience, TYCORUN ENERGY provides the most complete, professional, reliable and mature business model of battery swap station service in the current industry.

TYCORUN battery swapping business model – high value investment project

This article introduce the vast market for motorcycle battery swapping and analyzed the TYCORUN battery swapping business model and its core strengths.

Main content:

Two-wheeler battery swapping business model – a promising market with huge demand
TYCORUN battery swapping business model
Contents of the TYCORUN battery swapping business model solution
TYCORUN battery swapping case
Advantages of the TYCORUN battery swapping business mode

Two-wheeler battery swapping business model – a promising market with huge demand

The number of electric two-wheelers in the world is high, especially in China, ASEAN and other Southeast Asian countries. Electric two-wheelers are one of the most important means of transportation and have huge market potential.

At the same time, with the prevalence of electrification and oil-to-electricity trends around the world, the prosperity and development of the instant delivery industry, and the incentives of government subsidy policies in various countries, a two-wheeler battery exchange market worth 100 billion has been created that has yet to be vigorously developed.

The vast market for electric two-wheelers

According to the data, the total sales volume of electric two-wheelers in the world is expected to reach 131.1 million units in 2027.

China electric two-wheel market

China is the largest market for electric two-wheelers in the world. In 2022, the social ownership of electric two-wheelers in China reached 350 million, and the sales volume of two-wheel electric vehicles was about 50.1 million. It is expected that the sales volume will reach 54 million in 2023.

Different from Europe and the United States, China’s electric two-wheelers are mainly used for transportation, and under the guidance of policies, they have become the main means of transportation for short and medium distances. With the introduction of policies, it is estimated that there will be 210 million stock replacement vehicles.

ASEAN electric two-wheeler market

Motorcycles are the most important way of travel for people in Southeast Asia. According to statistics from organizations such as the ASEAN Automobile Federation (AAF) and MarkLines, Southeast Asia has been the second largest motorcycle market in the world in 2022, accounting for 21% of global motorcycle sales. Currently, Southeast Asia’s motorcycle ownership is around 250 million units.

Related policy:
Southeast Asian countries have promoted the oil-to-electricity of two-wheelers.

According to the information disclosed on the official websites of the governments of various countries,

The Philippines proposed to reduce or exempt the import tariffs of electric motorcycles, electric two-wheelers and their parts in the next five years starting from 2023.
Indonesia will receive subsidies of about 3,200 RMB per electric motorcycle from March 2023.
Thailand will approve a budget of 2.923 billion baht (about 585 million RMB) in August 2022 to subsidize electric motorcycles and electric vehicles. In March 2022, the tax bureau promulgated the subsidy standards and conditions, and the subsidy for electric motorcycles was about 3,600 RMB.

European electric two-wheeler market

Currently, the electric two-wheeler market in Europe is dominated by e-bikes, followed by electric motorcycles. Driven by bicycle culture, upgrading of emission standards and people’s awareness of environmental protection, the total sales volume of electric two-wheelers in Europe reached 7.9 million units in 2022 and is expected to reach 19.9 million units in 2027.

Relevant policies:
European countries have launched stimulus plans for the purchase of electric bicycles and policies to limit the travel of fuel motorcycles for environmental protection and energy conservation considerations.

USA electric two-wheeler market

Similar to Europe, the USA market is also dominated by e-bikes and electric motorcycles. The USA market for electric two-wheelers will reach 0.7 million units in 2022 and is expected to reach 2.2 million units in 2027.

Related policies:
Some states in USA have proposed rebates for the purchase of two-wheeled electric vehicles. For example, New York State will provide a 50% rebate for motorcycles, Austin will provide a $300 rebate for purchases, Denver will launch a $400 rebate program, and so on.

Demand for electric two-wheelers continues to grow

Compared with fuel motorcycle, electric motorcycle has obvious advantages

Electric two-wheelers are cost-effective, in line with user consumption habits.

In the Asia-Pacific region, motorcycle is a production and living tool, users are sensitive to its cost, and the purchase cost and travel cost of electric motorcycles are much lower than fuel models, which makes it more cost-effective.

In Europe and USA, for sports and leisure needs, the performance and comfort requirements of e-bikes are higher. E-bike as a consumption upgrade of normal bicycles, its market space should not be underestimated.

Fuel motorcycle VS Electric motorcycle:

● Riding experience of electric motorcycle is better, with outstanding cost performance.

● Saves energy and reduces emission, without waste gas pollution.

● No engine noise and vibration during riding.

●Compared with gasoline, electricity has improved both economic and environmental benefits.

● Electric motorcycles benefit from the Internet of Things technology to achieve cloud networking, users can enjoy more intelligent driving experience.

● Electric motorcycles are relatively light and easy to operate, and most do not require a license to drive.

● Government policy supports, purchase with subsidies.

Advantages:

● Energy conservation and emission reduction

The per capita carbon emissions of electric motorcycles and fuel motorcycles are 19.9 and 80.7g/km, and the carbon emissions of fuel motorcycles are 4 times that of electric motorcycles. Countries have also enacted strict environmental regulations to limit emissions from motor vehicles. And with a variety of preferential policies, such as tax exemption, license tax reduction, night electricity fees reduction, etc., to encourage people to use electric two-wheelers.

● Low noise

Electric motorcycles do not have the roar of the engine when it is working, so its noise is significantly lower than that of fuel motorcycles.

● Wide sources of energy

Electric motorcycles have a wide range of energy sources, and the increasing shortage of oil resources forces people to find new energy sources, and electric energy can be obtained through nuclear energy, wind, water and other ways.

● High energy efficiency

Electric motorcycles use electrical energy as a driving energy, do not need to convert chemical energy into heat and then into mechanical energy, which means a higher energy conversion efficiency.

● Low purchase and maintenance costs

The use cost of a vehicle includes the purchase cost, and the subsequent use and maintenance costs. To buy a fuel motorcycle, user needs to pay the purchase of taxes, insurance, vehicle and ship taxes, road maintenance fees, etc., as well as the license, annual audit need to spend a certain amount of time and money. In the subsequent driving process, the electricity price is much lower than the fuel price.

● Intelligent experience

Electric motorcycles have a richer intelligent experience.

Disadvantages:

● Performance differences

The performance of electric motorcycle is relatively weak and can only be used for short distance riding. The performance of fuel motorcycle is stronger, makes it highly entertaining. But now the performance of electric motorcycle and fuel motorcycle is getting closer.

● Battery cost

Battery cost is currently one of the important factors restricting the rapid development of the electric motorcycle industry. The battery cost of electric motorcycles is about 4000-5000 RMB, and for a 150cc low-end fuel motorcycle, the engine cost is about 2500 RMB. The battery cost is higher, so that the electric motorcycle price is also higher.

Global trend of fuel to electricity for motorcycle

Southeast Asia is a region of motorcycles, with more than 12 million fuel motorcycles sold in Southeast Asia in 2022. Considering the impact of consumer economic capacity under the epidemic in 2020-2022, the annual sales space of motorcycles is expected to reach 15 million. In addition, the use cost of electric motorcycles is lower than that of fuel motorcycles, and the cost reduction potential is greater, and consumer demand is expected to further expand. We expect there will be about 5 million new demand for electric motorcycles. The replacement space of motorcycle market will be 1500+500=20 million.

Benefiting from the trend of fuel to electricity, the electric motorcycle market will develop rapidly. Pollution emissions of motorcycle and other fuel vehicles is one of the main sources of air pollution, and the fuel price is relatively high compared to the price of electricity. With the country’s restrictions on fuel motorcycles will continue to be introduced, while the development of new energy vehicles to drive the continuous development of power technology, electric motorcycle’s adbantages of being cost-effective and high performance continue to improve, further accelerate the electrification of motorcycles.

Since 2019, many Southeast Asian countries have introduced relevant policies to restrict the use of traditional fuel motorcycles, stimulating the production and consumption of electric models in Southeast Asian countries. Hanoi and Ho Chi Minh have gradually proposed a plan to ban motorcycle traffic. Thailand has been taxing motorcycles based on their CO2 emissions since January 1, 2020. Singapore is the first country in Southeast Asia to explicitly phase out fuel vehicles by 2040. The Indonesian Ministry of Finance has announced that in 2023 it will grant a subsidy of 7 million rupiah (about 3200 RMB) to the buyers of 250,000 electric motorcycles.

Under the catalysis of the “fuel to electricity” policy, the huge stock of fuel motorcycles in Southeast Asia provides sufficient penetration space for electric two-wheelers, and it is expected that by 2023/24/25, the market space for electric two-wheelers in Southeast Asia will be 110/200/4.6 million, and the market potential for electric two-wheelers is huge.

National policies strongly support electric motorcycles – the potential for future demand is huge

Electrification is the way to ease energy anxiety and financial burdens.
Most Southeast Asian countries rely on imported crude fuel to meet their consumption needs. According to OPEC data, Thailand imports about 70% of the crude fuel it consumes each year, and countries such as the Philippines and Malaysia also import 20% to 35% of their crude fuel. In addition, Indonesia, for example, spends a lot on fuel subsidies every year, causing a heavy government burden. Southeast Asian governments are eager to use a combination of electrification and renewable power generation to reduce dependence on imported fuels, to improve energy security and ease fiscal burdens. With rising fuel prices, more and more consumers are considering going for electric two-wheelers.

Subsidies reduce the difference in fuel prices and further improve the cost performance of electric two-wheelers. At present, the price of electric two-wheelers in Indonesia’s mass market is 5-11 million rupiah (about 2363-5199 RMB) higher than that of fuel two-wheelers, and the subsidy rate introduced by Indonesia in 2023 is 7 million rupiah (about 3308 RMB) per vehicle. It will further narrow the gap between electric two-wheelers and fuel two-wheelers in the upfront cost and total cost, and improve consumer acceptance of electric two-wheelers.

Billions market of motorcycle battery swapping business model

Problems faced by electric motorcycles

● Mileage anxiety, especially for those who use e-scooters as work tools, is a particular problem

● Charging takes a long time

● Charging is not safe

●The cost of purchasing and replacing motorcycle batteries is high

Due to the low level of economic development in Southeast Asian countries and the lack of power supply, fuel motorcycles are the main means of transportation for mass travel, and with the continuous economic development of Southeast Asian countries, power supply and other facilities will be more improved. At the same time, the unit price of electric bicycles in Southeast Asia is much lower than that of fuel motorcycles, and consumers’ replacement willingness has a certain guarantee.

Consumers pay more attention to battery cycle life (60.9%), quality (53.9%), power performance (52.7%), intelligence (49.4%) and other indicators, of which battery life and power performance, the most important factors for consumers, are mainly affected by the product battery and motor performance.

The market demand on B-end application scenario strongly increases

Daily travel and transportation

In addition to daily high-frequency scenes such as urban commuting and other transportation connections, consumers’ demand for electric two-wheelers also extends to personalized travel scenes such as mountain running, cross-country, and social networking.

Demand for instant delivery (takeaway, express delivery), shared motorcycles and other B-side is growing rapidly

In China, the order volume of China’s express delivery market in 2021 was 108.30 billion pieces, and it is expected that by 2025, the instant delivery personnel will exceed 8 million, and the users will reach 420 million, and the main transportation means will be electric two-wheelers, which will become a new growth point for electric two-wheelers and battery demand (2-3 years of replacement cycle). At the same time, although the shared motorcycle market is still in the early stage of development, with 3.82 million in 2021, the number of shared bicycles is expected to reach 8 million by 2025.

Southeast Asian market: the prosperity of e-commerce led to the rapid growth of the express industry. It is estimated that the Southeast Asian local express market will exceed 41 billion US dollars in 2025, and the amount of e-commerce express parcels will exceed 20 billion, about 1/5 of China. At the same time, the total GMV of Southeast Asian takeaway market will reach 16.3 billion US dollars in 2022. If compared with the volume of express orders in China and Southeast Asia, and considering the market explosion period in Southeast Asia, it is expected that by 2025, the demand for instant delivery of electric vehicles will exceed 2 million.

Advantages of battery swapping business model: battery swap station vs charge station

	Motorcycle charging station	Motorcycle swapping station
Charging time	8-10 hours (eg. 50ah battery with a 5A home charger)	1-3 hours(Max charging current of TYCORUN swap station is 40A)
Efficiency	Low efficiency, need to spend time waiting for charging and inconvenient to use	High efficiency and more convenient. When the motorcycle is out of power, just open the APP to find the nearest battery swap station, and user can get a fully charged battery in 10 seconds without waiting
Safety	Low safety. The traditional motorcycle charging mode is limited by the charging scene, often accompanied by great danger	High safety. All batteries will be stored in the intelligent battery swap cabinet for safe centralized management. The SaaS intelligent management platform will monitor the health status of the battery at any time, and carry out unified monitoring and adjustment of whether the battery is fully charged and under abnormal conditions, so as to control the danger within the controllable range.
Endurance	Difficult. if there is no backup battery or the battery is dead, the motorcycles will not be able to continue to work	Easy. Battery swap can achieve the instantaneous fully charge
Service number	Small	Large, support multi-cabinet parallel
Purchase cost	Need to buy a motorcycle and 1-2 batteries to use in turn (high cost)	Just need to buy a motorcycle without battery (half the cost)
Users	Suitable for users with low frequency of charging needs	Suitable for users with high frequency of charging needs, such as delivery staff, couriers, passenger cars

Motorcycle battery swapping industry status

The rise of two-wheeler battery swapping business model comes from the pain points of safety risks and charging difficulty of electric bicycles. The huge stock market and rapidly growing incremental market make the battery swapping business full of imagination. In different application fields of two-wheelers, the penetration rate of battery swapping service varies greatly.

Among them, B-end scenarios such as motorcycle sharing and food delivery have high requirements for operational efficiency, and the supporting lithium-ion batteries have a relatively high degree of standardization and strong adaptability, and the corresponding battery swapping service penetration rate is significantly higher than that of individual users. Affected by factors such as the incomplete power swap network and inadequate follow-up services, the current power swap penetration rate is only about 25%.

C-end users use the motorcycles less frequently than B-end users. In addition, they have not yet formed the consumption habit of battery swapping. The current penetration rate of battery swapping is only about 4%.
In the B-end market, in 2021, the demand for B-end riders’ battery swap cabinets in China’s two-wheeler battery swapping market will reach 280,000, and it is expected that the demand will reach 810,000 by 2025. As for the C-end market, in 2025, the demand for individual user battery swapping cabinets demand will reach 7.5 million.

Battery swapping market scale:
Mainly composed of battery market scale, battery swap cabinet market scale, and battery swap service fee market scale. At present, the two-wheeler swap market is still in the early stages of development, and the market scale is small. In 2020, China’s two-wheeler swap market scale was about 16.18 billion RMB. It is expected that with the increase in the penetration rate of battery swapping services and the growth of battery swapping user groups, the market scale of China’s two-wheeler battery swapping business model is expected to exceed 100 billion in 2025, becoming a new “blue ocean market”.

Thresholds and barriers of the power swap industry

(1) Manufacturers that take the lead in the competition in the electric two-wheeler battery swapping industry have a first-mover advantage

From the perspective of the difficulty of acquiring customers, the companies that take the lead in the deployment have a higher market share and a larger number of users. High-quality battery swapping services can solve the pain points of charging safety and battery life for users, and users will carry out spontaneous publicity to form user fission, which means it is relatively less difficult for top companies to acquire customers.

From the perspective of scale effect, when users choose a battery replacement operator, they will tend to choose a service provider with more and denser outlets in the local area. When battery swapping is needed, it is easier to find a battery swap station. The number of outlets deployed by the leading manufacturers is larger, which can provide users with more convenient battery swapping services and has scale advantages.

From the perspective of asset investment, the electric two-wheeler battery replacement industry needs to invest a large amount of batteries and motorcycle battery replacement cabinets first. The initial asset investment is large and requires strong financial strength. The development time of the first-mover companies is longer and the capital reserves are stronger, and the capabilities of expansion and anti-risk are also better.

From the perspective of user experience, since lithium batteries are crucial to the riding experience of riders, whether they can provide users with a better battery replacement experience is the key to retaining users. With longer development time of the battery swapping service, the company will have a deeper understanding of the pain points of users, and more experience in battery scheduling and maintenance.

(2) The development of electric two-wheeler battery replacement industry is more intelligent and refined

In the electric two-wheeler battery swapping industry, only a small number of battery swapping operators are able to maturely apply advanced technologies such as big data and AI. In the future, with the deeper integration of advanced intelligent technology and industrialized manufacturing, the electric two-wheeler battery swapping industry will usher in a more intelligent and refined development.

Barriers to the battery swapping industry

The core of battery swapping for electric two-wheelers is to solve problems such as charging safety and convenience. The safety of lithium batteries is affected by many factors such as material characteristics, technical solutions, PACK technology, and usage methods, and the safety problems have attracted much attention. However, due to factors such as limited volume of lithium batteries for electric two-wheelers and high requirements for cost control, lithium batteries safety management is facing considerable technical challenges.

Battery swapping service operators need to have mature battery safety management technologies, mainly involving professional technologies such as intelligent hardware technology, safety anomaly detection technology, and lithium battery big data analysis. The main users of electric two-wheeler battery swapping are instant deliverers who use lithium batteries frequently with complex use scenarios, and high timeliness. So the service efficiency is crucial. Battery swapping service operators need to continuously invest in research and development of energy consumption management technology, intelligent operation and maintenance big data technology, etc., and continuously optimize the battery swapping system to achieve digital and refined management.

(1) Talents barriers
Product R&D, design, production and manufacturing, landing resources of grid replacement sites, and asset operation capabilities are important factors affecting the development of new entrants in the industry, and these largely depend on the talents building of the team. The implementation of battery swapping station requires battery swapping operators to have an experienced expansion team and have local landing resources. In terms of asset operation, manufacturers need professionals with big data and algorithm backgrounds and offline teams with rich operation and maintenance experience.

(2) Technical barriers
Delivery riders have high frequency of battery swapping, and high requirements for battery life and stability, and the usage environment is relatively complex, including high temperature, vibration, wading, etc., which are easy to damage lithium batteries. Therefore, real-time collection of battery working data, accurate judgment, timely warning, and rapid processing becomes the key to solve the pain points of the industry, to improve battery life, usage safety and charging convenience. Therefore, there are high technical barriers in the industry.

(2) Management barriers
In the electric two-wheeler battery swapping industry, the battery swapping equipment (battery swap cabinets and lithium batteries) are distributed in a wide range of locations and scenarios. Scattered operating equipment increases the difficulty of company management. The management, operation and maintenance of operating equipment and battery scheduling determine the profitability of battery swapping operator assets. In addition, the battery swapping service industry chain is long and the technology span is large, which requires high iteration capabilities of comprehensive technology management of the companies. Therefore, the electric two-wheeler battery swapping industry has relatively high management barriers.

(3) Capital scale barriers
Delivery riders have high requirements for the convenience of battery swapping, so they tend to choose battery swapping operators with a denser number of local swapping grid points. The battery swapping industry needs to invest a lot of battery swapping equipment and lay more battery swapping points. The initial capital investment is relatively large, and the requirements for the financial strength of battery swapping operators are relatively high.

TYCORUN battery swapping business model

Market prospect of two-wheeler battery swapping

● The number of electric two-wheeler in the world is large.

● The demand for electric two-wheeler will continue to grow in the future, based on the trends of electrification, carbon reduction, oil to electricity and policy promotion.

● With the rapid development of instant distribution industry, there is a large demand for charging the electric two-wheeler and the charging frequency is high.

● Battery swapping mode can almost completely solve the pain points of electric two-wheeler: charging safety, charging efficiency and battery cost, etc.

● Battery swapping stations are clearly superior to charging stations: they reduce costs, increase efficiency, and have high commercial value

The economic effect of battery swapping business model is obvious

Comparing the cost of oil motorcycle and electric motorcycle in Vietnam area:

The 5-year combined cost of buying a 50cc gasoline motorcycle is 20 million + fuel cost 70 million + maintenance cost 10.5 million = VND 100.5 million. The 5-year combined cost of buying a two-wheeled electric vehicle is 17 million + charging cost 2.65 million +battery replacement cost 3.85 million = VND 23.5 million. Average annual savings of VND 15.4 million.

The average salary of enterprise employees in Vietnam in 2021 is 7.84 million VND/month. Choosing a two-wheeled electric vehicle will save about two months ‘salary for a Vietnamese family every year, which has strong economic benefits.

User groups and agent operators for two-wheeler battery swapping

User groups of two-wheeler battery swapping

Entry point for timely delivery market

● Users use electric two-wheeler as productivity tools at a high frequency and require at least two batteries a day

● Users have high requirements for battery life, stability and battery performance

● Users have high requirements for charging efficiency and convenience

● Users are more sensitive to price and cost

● The user’s living environment is generally poor, and is inconvenient to charge batteries.

Market consensus
Battery swapping mode is the best mode of power supply for two-wheelers in timely delivery market

Type of agent operators

● Motorcycle brand
● Car rental company
● Battery company
● Investors with government resources
● Express company
● Delivery company

Charging mode
● B to C user: Pay a deposit, deduct the charge by month, time and electricity
● B to B merchants: Free installation, battery swapping revenue sharing
● B to B agent: Purchase equipment, battery swapping revenue sharing

Battery swapping business mode

● Direct marketing mode: The hardware and software such as site, cabinet, battery are invested and operated by the company itself.

● Franchise mode: Find the franchisee, purchase cabinets, batteries and other hardware and software, and the revenue is shared by the company and the franchisee according to a certain proportion.

Profit model for battery swapping

● Mode 1: Users buy a battery to become a member, and a fee will be charged for every time they swapping battery

● Mode 2: Users pay a certain amount of deposit and buy a monthly package to become a member

The profit model can also be designed according to the actual situation, and to develop and set up the related battery swapping software functions

Two-wheeler battery swapping business mathematical model

Based on years of experience in the battery swapping industry and the summary of successful battery swapping cases, Tycorun energy has established a complete and practical battery swapping direct business mathematical model. Through this model, the project feasibility analysis can be conducted based on hardware investment, maintenance funds, rental income, local average monthly salary and various expenses to calculate the fund recovery cycle.

Deposit: Generally 1/6 of the local monthly income

Rent: Generally 5% of the local monthly income

Contents of the TYCORUN battery swapping business model solution

According to the past experience in the implementation and promotion of the battery swapping business model, tycorun has summarized a mature battery swapping business model and profit mathematical model. Customized battery swapping solutions can be provided according to the actual situation of customers’ commercial projects, application solutions, local market conditions, customers’ specific needs and the situation of various partners. In order to ensure that the battery swapping business model can actually operate and has good profitability and long-term development strength, TYCORUN can help you establish an independent battery swapping brand and lead the local battery swapping market.

TYCORUN battery swapping business model solution

Battery swapping cabinet:

● Intelligent cabinet control system, three-level protection and safe charging

● Multi-voltage, multi-specification, soft plug/hard plug can be selected

● Multi-protocol support

● Customizable production and development on demand

● Interconnect with the platform for intelligent management and monitoring
● Add communication module

Battery swapping batteries:

● Professional power lithium battery pack manufacturers, using well-known brand grade A battery cell

● Interconnect with the battery swapping platform for intelligent management and monitoring

● Various specifications

● Dedicated BMS R & D with mature battery safety management technology

● Designed specifically for battery swapping application scenarios, durable and safe

● Add communication modules and GPS modules

● Report the battery status to the battery swapping platform in real time

● Customizable production

Battery swapping platform:

● Interconnect with the battery swapping cabinets, batteries, and motorcycles for intelligent cloud management and monitoring

● Independently developed two core software: front-end user APP+ cloud management platform, which has been put into actual operation

● Support multi-language board and regional payment interface

● Add communication modules and GPS modules

● Customizable production

Motorcycles:

● Interconnect with the battery swapping cabinets, batteries, and platforms for intelligent cloud management and monitoring

● Strategic cooperation with many well-known motorcycle brands

● Various specifications

● Add communication modules

● Support multi-protocol

● Adapt to the battery swapping battery

After-sales service:

● Provide the training for battery production and battery swapping product knowledge

● Engineers can be sent to install the equipment locally

● Provide the training for maintenance team

● Software remote upgrade

Technical support Service:

● Provide technology transfer, plant design services

● Provide production and test equipment procurement

● Customized product design

● Provide semi-finished products

● Provide production technology training

TYCORUN battery swapping case

battery swapping model – a battery swapping case of delivery rider in Pakistan

For motorcycle costs:
Assuming the cost of an electric motorcycle is Rs 300,000, the battery cost is about 50% or Rs 1,50,000.
Using battery swapping stations, riders pay only half the cost of an electric motorcycle, which is Rs 1,50,000, and can be financed through banks.
Monthly instalments can be deducted directly from the rider’s salary by the Courier company and paid to the bank or the rider can pay directly to the bank.

For battery rental:
The rider will pay a nominal battery rent, which will be paid each time the battery is charged/replaced.
The battery rental fee will be nominal for battery insurance costs.

For charging fees:
The 72v30AH lithium battery will consume about 2.2 KWH of electricity at Rs 50 per KWH or Rs 110 per charge and can travel 80-90 km.
The cost of petrol for a trip of 80-90 km is about Rs 450.00
The estimated battery swapping cost is Rs 250.00, saving 45% of fuel for riders and couriers.
Also, there are no engine tuning, oil or overhaul costs required for gasoline motorcycles.

For annual savings:

Riders are limited to 3 litres of fuel per day or 900 litres per year. At Rs 285 per litre, the annual fuel cost is Rs 256,500.
Save 45%→ Save Rs 115,425 per year
Annual savings of Rs 461.7 million (461.7 million) for the entire fleet of 4,000 motorcycles

Advantages of the TYCORUN battery swapping business model

Compared with other battery swapping brands and manufacturers in the battery swapping industry, the unique advantage of TYCORUN battery swapping business model is that
● Strong applicability, the car, battery, cabinet, system can be individually adapted according to customer needs (different from gogoro, adopt the car-electric binding mode)
● Provides a full range of product customization services, technology transfer and factory design services to help customers establish their own battery swapping brand and occupy the local battery swapping market
● TYCORUN has independently developed battery swapping software, mastered the core technology of battery swapping products, and has field operation experience of several orders
● The only manufacturer in the world that can provide a complete battery swapping business model (solution + cabinet + battery + platform + motorcycle)
● Experienced in the industry and has insight into the industry situation and relevant policies of various countries
● Has successfully implemented battery swapping business model in countries around the world and can accurately understand and realize customer needs

Advantages of TYCORUN battery swapping business model

Large orders: battery swapping business model localization operations are capitalized projects, only the strength enterprises can participate in the landing, the equipment and platform of the whole solution are procured at more than 10 million US dollars

Industry-wide integration capability: As a battery swapping platform company of the whole industrial chain, TYCORUN has the integration capability to provide comprehensive solutions in the field of battery swapping for two wheelers and three wheelers. By integrating technology r&d, manufacturing, supply chain management and operational services, TYCORUN has achieved seamless connection from product design to marketing. This industry-wide integration capability enables TYCORUN to provide customers with a one-stop battery swapping solution.

Rich industry experience: TYCORUN has rich industry experience in the field of battery swapping for two wheelers. We understands market needs and trends and are able to accurately grasp industry dynamics, and provides solutions that meet customer needs. Through 3 years of practical experience, TYCORUN has accumulated valuable industry insight and expertise to respond quickly to market changes and continue to innovate.

Partnerships: TYCORUN focuses on working with a variety of partners, including suppliers, sales channels, industry associations, etc. By working closely with its partners, TYCORUN is able to jointly develop new market opportunities, share resources and information, and achieve mutual benefit. This partnership provides strong support and a broad platform for our battery swapping business model to expand.

Internet promotion ability: TYCORUN company uses Internet promotion ability to enhance product exposure and visibility through major search engines and online platforms. TYCORUN is good at using SEO technology, online advertising and social media and other channels, and is able to rank high in the keyword search of battery swap related products worldwide. This allows TYCORUN to attract more potential customers and expand its global market share.

TYCORUN battery swapping product advantages

Battery swapping cabinet: 5/8/9/12 ports; Soft plug/hard plug; Support parallel
Motorcycle swapping Battery products:
● Multi-voltage, multi-specification: 48/60/72v; 30/50/60ah
● Soft plug/hard plug
● Accept bulk customization
Specifications, size, appearance, function, logo and other aspects can be customized according to customer needs

Advantages of TYCORUN battery swapping product

Advantages of TYCORUN power battery pack – using Tesla process

In the motorcycle battery swapping PACK, TYCORUN uses the same aluminum wire welding process and glue filling and heat conduction technology as Tesla.

using Tesla process - aluminum wire welding process — using Tesla process – aluminum wire welding process

Core product features of Tycorun electric motorcycle battery pack with aluminum wire welding process:

● We firstly made the same direction of convergence, and filled the bottom of the battery cell and the aluminum shell with glue for heat conducting, achieving a breakthrough in thermal management of similar products in the industry;
● Co-directional aluminum wire bonding and welding process, high production efficiency, high reliability, good consistency, welding with zero lost;
● Each cell is connected by aluminum wire bonding welding process, with fuse function, multiple protection, safe and reliable;
● The surface of the battery cells is filled with glue that is highly effective on isolating heat and flame. The glue is surrounded to the cells to prevent thermal runaway;

● Safety protection: When the cell is inserted back, over the current, impact or fall damage to the module, the aluminum wire can be fused instantly;

● Strong structure:AB glue will bond the battery cell, PCB and bottom plate. When working in vibration, high and low temperature environment, displacement will not occur;
● Welding technology :
(1) Cold welding technology welding will not damage the coating to the battery cell;
(2) Production will not explode fire, effectively protect people, products and equipment;
● Overcurrent impact :
(1) Aluminum wire mainly acts as a diversion in the battery pack and a resistor in the module;
(2) When the charger is affected by the voltage fluctuation of the grid, it will produce a high or low surge current, and the current will be constant through the aluminum wire (this resistance) to reduce the different degrees of damage to the battery cell during charging;
● Uniform overcurrent :
(1) Resistance plays a role in the circuit of shunt and voltage division;
(2) Aluminum wire acts as a resistance to each cell is charged and discharged;
(3) Uneven charge and discharge cell will have large pressure difference and attenuation in advance

TYCORUN power battery pack - using Tesla process — TYCORUN power battery pack – using Tesla process

● Uniform temperature rise :
(1) Single side, peeling welding process dissipates heat quickly;
(2) The negative electrode surface of the cell can be treated for heat dissipation;
(3) The temperature difference between battery packs is within 5 degrees;
● Neat and beautiful:
(1) The collection line and bus are integrated into the PCB board;
(2) Aluminum wire welded the PCB plate to the module.

Tycorun electric motorcycle battery pack technology

tycorun Aluminum wire welding pack grouping process — Aluminum wire welding pack grouping process

BMS

TYCORUN applied the newly upgraded battery swapping GPS integrated BMS this year, which includes the core technology of GPS integrated chip power management, and has added a number of recent innovations!

For this upgrade, TYCORUN once again led the technological change in the new era of “GPS integrated chip” with independent innovative technology, occupied the technical heights, and caused the attention of the entire battery swapping industry.

Core features of Tycorun battery swapping BMS :
● Highly integrated R&D. GPS and BMS are integrated to replace the MCU and external GPS module, and the GPS chip and front-end IC communication is successfully developed. The system realize one set control system, ultra-low offline rate and low power grid design.
● Realize BMS online upgrade and remote view and analysis, control of the battery pack.
● Intelligent management of battery swapping data. The platform implements personalized management of battery swapping package customization, orders, equipment, operations, battery swapping cabinets, monitoring, etc.
● Automatically generates a battery data report. Realize the background full equipment monitoring, automatically record the battery pack charge and discharge current, single series voltage, temperature, capacity mileage and other data.
● Remote power-off. The button can be opened or closed on the APP at any time to achieve remote power off and power on.
● Real-time positioning. Support multiple mode positioning to realize quickly and accurately searching with clear position. With GPS, BDS, LBS base station triple positioning and 4G networking functions.

Battery swapping cabinet

● Support parallel(main cabinet + auxiliary cabinet), improve product utilization and save cost
● Intelligent cabinet control system, while ensuring charging efficiency and charging safety
● Intelligent networking, remote real-time monitoring
Built-in fire protection device and intelligent air cooling equipment, automatically extinguish fire under abnormal conditions
5/8/9/12ports specifications, support multi-voltage,soft plug/hard plug
● Waterproof and strong, crash-proof and explosion-proof, suitable for outdoor battery swapping scenes
● Accept bulk customization

Motorcycles

● Suitable for tycorun swapping batteries
● Various specifications
● Motorcycle-battery-cabinet integration
● Communication module, support protocol

Battery swapping platforms

● Independently developed battery swapping platform
● Functions can be customized
● Support multi-language board and regional payment interface
● Interconnect with the battery swapping cabinets, batteries, and motorcycles for intelligent cloud management and monitoring.

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