Fabless EV manufacturer folofly Co., Ltd. (CEO: Hiroyasu Koma, Headquarters: Kyoto City, Kyoto Prefecture), engaged in the development and sales of electric vehicles, announced on November 11, 2021, the joint development of electric vehicle battery swapping equipment with Jee Technology Co., Ltd. (688162: Shanghai Stock Exchange, hereinafter: JEE).
folofly, in collaboration with JEE, a supplier of electric drive system products for electric vehicles in China, has unveiled jointly developed battery swapping equipment for electric vehicles. Discussions have already commenced with multiple automobile OEMs regarding vehicles compatible with this equipment. Moving forward, folofly and JEE plan to expand their customer base offering services that include vehicles compatible with battery swapping equipment and to proceed with market deployment.
To accommodate the diversifying utilization methods of electric vehicles anticipated in the future,folofly is promoting a horizontal division of labor development system. This approach aims for the early development and market introduction of new technologies that meet diverse needs, as well as the enhancement of maintenance systems post-introduction, contributing to the construction of a sustainable, environmentally friendly social infrastructure.
folofly’s Initiatives to Date
- August 2021: Established Folofly Co., Ltd. at Kyoto University International Science Innovation Building.
- October 2021: Obtained vehicle registration for a 1-ton class delivery vehicle for last-mile use through fabless production.
- October 2021: Commenced sales of the van-type vehicle.
- October 2021: SBS Holdings announced the introduction of 10,000 units of the company’s vehicles.
- November 2021: Jointly developed battery swapping equipment with JEE.
Company Profile of folofly
- Company Name: Folofly Co., Ltd.
- Established: August 3, 2021
- Representative: CEO Hiroyasu Koma
- Capital: 124 million yen (including capital reserve)
- Headquarters: Kyoto University International Science Innovation Building, 36-1 Yoshida Honmachi, Sakyo-ku, Kyoto City
- Business: Development and sales of electric vehicles
- Contact: 078-891-7117 (main line)
- Website: https://folofly.com/