Copyright FOURIN, Inc. 2023
Star Charge Expands EV Charging Network, Enters Battery Swapping Business
Star Charge, established in in September 2014, is engaged in the development, manufacture and operation of charging equipment for BEVs. With the expansion of the BEV market, Star Charge has formed business relationships with dozens of automobile manufacturers around the world as well as real estate development companies such as China’s Vanke Group, becoming a rapidly growing startup in the BEV charging sector. As of November 2021, Star Charge operated 246,383 public chargers and 70,633 privately-owned chargers worldwide.
Star Charge: Company Overview and History (As of December 2021)
||Wanbang Digital Energy Co., Ltd.
||Changzhou city, Jiangsu province
||286 million CNY
||Owned 100% by Wanbang Digital Energy
||Founder and Chairperson Shao Danwei
||Development and production of charging equipment for NEVs
||Over 640,000 terminals in over 350 cities around the world
||Fifty-nine automakers including Mercedes-Benz, Porsche, BMW, JLR, VW, BYD and BAIC Motor, and real estate developers including Vanke and Evergrande Group
・Sep. 2014: The company’s predecessor Jiangsu Wanbang Dehe New Energy
Technology Co., Ltd. Was established.
・Feb. 2016: Installed more than 3,000 chargers for BEV taxis in Taiyuan city, Shanxi province.
・Jun. 2016: Became global supplier of JLR.
・Nov. 2016: Formed a partnership with CaoCao Mobility, the ride-hailing unit of Chinese automaker Geely Automobile Holdings, for managing chargers and vehicle service.
・Jun. 2017: Received an order for 30,000 DC chargers from real estate development company Vanke Group.
・Jun. 2017: Signed a partnership agreement with VW (China).
・Nov. 2017: Signed a partnership agreement with Nanjing Public Utilities Development for providing chargers to BEV bus charging stations in Nanjing city.
・May 2018: Signed a partnership agreement with Mercedes-Benz (China).
・Aug. 2018: Signed a cooperation agreement with Jaguar to provide assistance to the Jaguar I-Pace eTrophy battery electric zero-emission international motor racing series supporting the FIA Formula E Championship
・Sep. 2018: Signed an agreement with European charging giant Hubject to build a charging network.
・Dec. 2018: Established a joint venture with electric vehicle charging service operators such as the State Grid Corporation of China, China Southern Power Grid, and TELD New Energy.
・Jul. 2019: Set up a joint venture with VW, FAW and JAC to provide charging devices to BEV owners.
・Sep. 2020: Changed its name to Wanbang Digital Energy Co., Ltd.
(Created using Star Charge’s PR materials)