BAIC's Blue Valley Smart Energy join hands with France Electric to open the layout of Hainan power exchange market.

SMM News: may 19, Langu Wisdom (Beijing) Energy Technology Co., Ltd. and France Power Changfeng (Sanya) Energy Co., Ltd., Beijing Light enjoy Technology Co., Ltd. held the signing ceremony of the first batch of power exchange projects in Sanya, Hainan, officially launched the layout of Hainan power exchange market. Wu Haifeng, vice mayor of Sanya City, Li Yixiu, general manager of Beijing Automobile Blue Valley Marketing Service Co., Ltd., Fu Kai de, chairman and president of EDF China Investment Co., Ltd., Lin Siyin, chairman and president of Changfeng Energy Group, Wang Fang, vice president of France Changfeng (Sanya) Energy Co., Ltd. Chen Ping, executive deputy general manager Fang Bo, deputy general manager of Beijing Light Technology Co., Ltd. Wu Songlin, Li Yujun, General Manager of Langu Wisdom (Beijing) Energy Technology Co., Ltd., Deputy General Manager Zhang Feng and other relevant leaders of various units attended the signing ceremony.

France Electric Changfeng (Sanya) Energy Co., Ltd. is a Sino-foreign joint venture limited liability company jointly funded by two major energy groups, EDF (China) Investment Co., Ltd. And Sanya Changfeng New Energy Investment Co., Ltd. EDF is one of the top 500th companies in the world (88th). It has built about 8000 charging stations and 150000 charging piles in France, Belgium, Britain and Italy. It is the third largest electric travel service provider in Europe. It has been 30 years in China, and its business scope includes investment and operation in the fields of power generation, power distribution, distributed energy, smart grid, distributed solar energy, heating and electric vehicle charging infrastructure. Sanya Changfeng New Energy Investment Co., Ltd. is a local energy enterprise in Sanya. It has been operating urban gas projects in Sanya for 22 years, and its business scope includes investment and operation in urban gas, automotive natural gas, distributed energy and other fields.

This time Blue Valley Smart Energy and France Electric Changfeng enjoy in-depth cooperation to promote a green and convenient travel experience and create a new mode of power exchange operation of new energy vehicles in Hainan. In this cooperation, France Electric Changfeng invests and operates exchange power stations in Sanya City and the whole island of Hainan Province, providing exclusive power exchange service for BAIC new energy exchange vehicles that enjoy the layout of BAIC new energy vehicles in Hainan Province. At the same time, Langu Smart Energy, as an independent energy service provider of BAIC New Energy, provides advanced exchange power station products and battery value-added services for the cooperation project, and the three parties join hands to build a green travel and energy service ecosystem in Sanya City. to provide a powerful engine for the promotion of new energy vehicles in Sanya City and even Hainan Province. It is expected that by the end of August 2020, France Electric Changfeng and Blue Valley Smart Energy will build and operate four exchange power stations in Sanya to provide services for the 400 EU300 replacement electric version of the ride-hailing service. By the end of 2020, with the support of the government, we will jointly promote the market promotion of no less than 2000 BAIC new energy exchange taxis and ride-hailing taxis in Sanya, Haikou and other places.

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