Uxin Limited, a used car retailer in China, announced a strategic Uxin Times Electric Service partnership. This collaboration will promote the adoption and development of battery-swapping models in the used car market. The partnership aims to provide transaction services for pre-owned new energy vehicles, offering consumers a more convenient and reliable experience.

Leveraging Expertise in the Uxin Times Electric Service Partnership

Uxin provides comprehensive services, including vehicle selection, acquisition, inspection, reconditioning, display, sales, and after-sales support. Uxin has engaged in inspecting and transacting pre-owned new energy vehicles. The company will combine its expertise with Times Electric Service’s battery-swapping technology to establish a new trading system based on the “vehicle-battery separation” model.

Key Initiatives of the Uxin Times Electric Service Partnership

The Uxin Times Electric Service partnership aims to develop an online used car trading platform and a battery marketplace. The companies will provide inspection, certification, and rating services for battery-swapping used cars. They will also advance the construction of a battery-swapping network, explore new business models, and promote standardization of battery-swapping technology.

Kun Dai’s Vision for the Future

Kun Dai, Founder, Chairman, and CEO of Uxin, commented, “We are thrilled to partner with Times Electric Service to drive innovation in the pre-owned new energy vehicle market. This collaboration aligns with our commitment to providing consumers with a professional, transparent, and reliable transaction experience. By meeting the diverse needs of consumers, we are creating long-term value for our customers and shareholders.”