Author | Ou Xue

Editor | Peng Xiaoqiu

Yingke learned that Shouqu Technology recently received nearly 100 million yuan in angel – round financing. The funds will be mainly used for the development of the intelligent cockpit platform; the application development of the S – Smart system; the mass production of the full range of new national standard products, and to accelerate the global market layout.

Shouqu Technology was established in March 2025 and focuses on the field of intelligent short – distance transportation. It is committed to providing innovative and reliable two – wheeled electric travel solutions. Yingke learned that more than 70% of Shouqu Technology’s professional R & D team members have worked in international leading OEMs, the automotive industry, the two – wheeled vehicle industry, and other core system suppliers in the parts industry. Dr. Zhang Ying, the technical leader, is a physics doctor from Carnegie Mellon University and holds two master’s degrees in machine learning and chemical engineering. He has successively held core R & D positions in well – known automobile companies such as Toyota North America Research Institute, NIO, and ZEEKR, and led several breakthrough projects such as battery life prediction, electric drive system modeling, and electric vehicle safety early warning.

Currently, Shouqu Technology’s products can be divided into three major series: the new national standard electric bicycle series, the scooter series, and the straddle – type series, covering multiple product tracks such as electric motorcycles, electric bicycles, off – road motorcycles, all – terrain vehicles, and short – distance travel derivatives. It is worth noting that Shouqu Technology targets a younger group, including those born in the 2000s and 2005s, and builds its business model around users.

Schematic diagram of the two – wheeled electric vehicle chassis of Shouqu Technology / Image source: the enterprise

Yang Xiao, the president of Shouqu Technology, said that through a large amount of preliminary research, the company found that the new generation of consumers pay more attention to brand selection and personal preferences, and pursue in – depth interaction with brands and high – end service experiences. In the future, Shouqu Technology will continue to deepen its strategy of targeting the younger generation and high – end market, create a more influential green and fashionable travel brand, and lead the transformation of the new generation’s travel lifestyle.

In recent years, two – wheeled electric vehicles have quickly become the mainstream choice for short – distance urban travel due to their advantages of being economical, convenient, and environmentally friendly. Data shows that as of the end of December 2024, the number of two – wheeled electric vehicles in China has exceeded 400 million, with an annual sales volume of more than 50 million and a market scale of over 100 billion yuan. In addition, with the promotion of the replacement of existing vehicles by the new national standard policy and the growing demand in overseas markets such as Southeast Asia and India, the industry will maintain steady growth in the next five years. It is estimated that the global market scale will exceed 800 billion yuan in 2027.

However, despite the potential of the 100 – billion – yuan market, the industry still faces many challenges. Yang Xiao analyzed that this is mainly reflected in three aspects: first, the price war has put pressure on corporate profits, and some small and medium – sized brands are facing elimination; second, problems such as insufficient charging facilities and imperfect battery recycling systems restrict the sustainable development of the industry; third, the rapid iteration of intelligent and connected technologies also poses higher requirements for the R & D capabilities of traditional manufacturers.

Shouqu Technology’s solution is to redefine future riding. Yang Xiao told Yingke that around the strategy of “new ecosystem, new retail, new service”, the team has established competitive advantages in more than 100 sub – technology fields such as algorithm architecture, peak power, operating condition efficiency, and frame durability. As of now, more than 200 global suppliers have participated in the R & D process of Shouqu Technology’s products.

Schematic diagram of the two – wheeled electric vehicle frame of Shouqu Technology / Image source: the enterprise

Yang Xiao said that Shouqu Technology’s competitive advantages lie in: first, taking the user – centric thinking as the core of operation and management, and regarding users’ social safety, driving safety, and after – sales service experience as the foundation of the enterprise’s operation; second, leveraging AI algorithms and integrating the technologies of major leading vehicle manufacturers to create higher – end, more intelligent, and better – riding two – wheeled electric products.

“In the two – wheeled electric vehicle industry, the intelligent experience has not really provided users with a good direction,” Yang Xiao said. Currently, the data transmission efficiency of two – wheeled electric vehicles is low, still relying on technologies from 20 years ago, and has not applied the high – speed communication networks and high – end chips that are already popular in the automotive industry.

Therefore, Yang Xiao further said that Shouqu Technology has devoted a lot of effort to researching AI algorithms and has made breakthroughs in three major fields: the battery management system, motor performance optimization, and full – vehicle intelligent monitoring. The battery management system monitors the performance of battery cells in real – time through AI algorithms and optimizes the battery life, increasing it by 10% – 15%. The motor performance is optimized in terms of magnetic circuit, winding, and temperature management with the help of AI, and the peak power is 5% – 10% higher than that of competitors. The full – vehicle super radar can monitor the driving environment and the driver’s status in real – time. Next, Yang Xiao revealed that the company will also focus on researching intelligent cockpits, intelligent power systems, intelligent chassis, etc.

Schematic diagram of the two – wheeled electric vehicle battery of Shouqu Technology / Image source: the enterprise

Overall, Shouqu Technology’s products are positioned in the mid – to – high – end market, covering price ranges such as 5,000 – 15,000 yuan, over 50,000 yuan, over 100,000 yuan, and over 500,000 yuan. Although it has been established for a short time and its products have not been fully launched on the market, according to Yang Xiao, the company’s revenue has already reached a certain scale.

Views of the investors:

An investor in a certain round said: “With the implementation of the new national standard and the increasing demand for lightweight and safety from users, the two – wheeled electric vehicle industry is in a window period of structural upgrading. Shouqu Technology has taken the lead in breaking through the mass – production application with the support of AI technology and has made all its products comply with the new national standard, having significant first – mover advantages in terms of compliance, intelligence, safety, and user experience. We believe that with technology – driven development and the advantages of its team, Shouqu Technology is expected to become a leading enterprise in the two – wheeled electric vehicle field in the next 3 – 5 years, reshape the industry pattern, and promote the comprehensive upgrade of intelligent travel.”