Chunfeng Power aggressively targets the two-wheeled electric vehicle market. Can it challenge "new forces" like NIU and others?

WealthCoffee

2026-03-29 12:03:06

Abstract generation in progress

【Caixin】 Chunfeng Power (603129.SH) is accelerating its electrification layout. In recent years, the company’s electric two-wheeler brand “Jihuo Electric” has been actively expanding. During the recent “Chunfeng Day” event, a head of the market strategy department revealed that by 2025, Jihuo Electric will deliver nearly 580,000 two-wheelers, a year-on-year increase of nearly 5 times, and the company has set a sales target of one million units for 2026.

Chunfeng Power originally had two main businesses: four-wheeled all-terrain vehicles and medium-to-large displacement motorcycles, holding a leading position in both fields. “Jihuo is becoming the company’s third growth curve,” the aforementioned official said.

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