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China's leading SaaS aggregation platform for EV charging operators
Connected Chargers
656,000
#3 platform in China (mid-2025)
Business Model
Aggregator/SaaS
Light-asset
Key Investors
CATL / NIO Capital / OPPO
Series B trio
Founded
2016
Jiangsu, China
Total raised: Multiple rounds (undisclosed total)
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Series B | Jun 2021 | — | — | CATLEmpower InvestmentCaixin Industry Fund |
| Series B+ / B2 | Sep 2021 | — | — | NIO Capital |
| Series B (extension) | Nov 2021 | — | — | OPPO |
| Feature | Details |
|---|---|
| Business Model | Light-asset aggregator/SaaS – does not own or operate stations directly |
| Core Product | Cloud platform integrating small/mid-sized charging operators into a unified network |
| Aggregated Chargers | 656,000 connected (mid-2025); 4th-largest by public charge points |
| Operator Tools | Billing, monitoring, energy management, OTA, demand response |
| Consumer Layer | Driver-facing app for charger discovery, payment, and routing across operators |
| API Integrations | Open platform for OEMs, navigation, and aggregator apps |
Series B lead; battery and charging technology collaboration
Series B2 investor; NIO ecosystem charging integration
Late-stage Series B investor (Nov 2021)
YKC integrated into Xiaomi EV charging network in 2024
Aggregates third-party operator chargers across major Chinese networks
Established as Jiangsu Yun New Energy Technology Co. (operating as YKC / Yunkuaichong) to provide cloud SaaS for EV charging operators
Battery giant CATL leads Series B alongside Empower Investment and Caixin Industry Fund
NIO's venture arm closes Series B2 within three months of Series B
Smartphone maker OPPO invests in Series B extension
Aggregated platform ranks #3 among Chinese public charging operators with 656,000 connected chargers (mid-2025)