Business
LUYUAN Launches Southeast Asia Business Ecosystem Center in Singapore, Driving Electrification with "Technology + Ecosystem"
LUYUAN Group (HK.02451), a global leader in electric two-wheelers, announced the establishment of its Southeast Asia Business Ecosystem Center in Singapore at the 2026 LUYUAN Overseas Partners Conference. Operated by local electric mobility pioneer Kilats Group, the center deepens LUYUAN's "China R&D and supply chain + global design + local operations" strategy in Southeast Asia. It marks a shift from product and supply chain deployment to full ecosystem co-building.
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[{"type":"text","content":"SHANGHAI, May 7, 2026 /PRNewswire/ -- LUYUAN Group (HK.02451), a global leader in electric two-wheelers, announced the establishment of its Southeast Asia Business Ecosystem Center in Singapore at the 2026 LUYUAN Overseas Partners Conference. Operated by local electric mobility pioneer Kilats Group, the center deepens LUYUAN's "China R&D and supply chain + global design + local operations" strategy in Southeast Asia. It marks a shift from product and supply chain deployment to full ecosystem co-building.","length":537,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/LUYUAN GROUP)","displaySize":"","headline":null,"caption":"(PRNewsfoto/LUYUAN GROUP)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":77,"url":"https://media.zenfs.com/en/prnewswire.com/ed8445b31ce9a6d18dfc1b7160764c31"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/9G9Ky_p_VgSpY_GXarWY9w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEzNg--/https://media.zenfs.com/en/prnewswire.com/ed8445b31ce9a6d18dfc1b7160764c31","width":400,"height":77},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/T1ZgL_SQcMMvxkCklPJ6ZQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTEyMw--/https://media.zenfs.com/en/prnewswire.com/ed8445b31ce9a6d18dfc1b7160764c31","width":400,"height":77}},"href":"https://mma.prnewswire.com/media/2719994/_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Kilats Group has been active in electric two-wheelers since 2019. It pivoted to battery swapping technology in 2021 and launched a partnership with Southeast Asian ride-hailing platform Grab in 2024. Today, Kilats operates nearly 1,000 swapping motorcycles in Bali and Bandung, Indonesia, and has built strategic swapping partnerships with local energy majors including Pertamina and PLN.","length":388,"tagName":"p"},{"type":"text","content":""What drew us to LUYUAN is its unwavering philosophy: customer first, and never compromise product innovation and quality for profit," said Vincent, CEO of Kilats Group. "LUYUAN's liquid-cooled motor technology is critical for Southeast Asia. Long rainy seasons and frequent flooding test motor durability to the extreme. Chairman Ni may have created, without knowing it, a solution that serves not only China but all of Asia. Going forward, we will combine Kilats' battery tech...