Erayak Power Solution Group Inc. (NASDAQ: RAYA) operates as a leading distributor of new energy vehicle battery systems and related spare parts, serving primarily the two-wheeled electric vehicle market. The company’s core offerings include lithium-ion battery packs, modules, battery management systems, chargers and other key components, as well as turnkey design, assembly and after-sales support. These solutions are tailored for electric bicycles, scooters, motorcycles and light electric vehicles, with a focus on reliability, safety and performance.
Founded in 2013 and headquartered in Guangdong Province, China, Erayak built its reputation through deep partnerships with major OEMs such as Yadea, Aima and Luyuan. The company went public on the Nasdaq stock exchange in early 2022, marking a milestone in its growth trajectory. Recognizing the global demand for energy-efficient transportation, Erayak expanded into international markets in 2023 with the establishment of a manufacturing and distribution facility in Mexico, positioning itself to serve North and Latin America.
Erayak’s product development is underpinned by an in-house research and development center focused on cutting-edge battery chemistry, thermal management systems and smart battery-swap technologies. This R&D capability supports collaborations with public and private fleet operators, as well as local governments seeking to deploy sustainable transportation and battery-charging infrastructure.
Led by Chairman and Chief Executive Officer Chen Jianwen, along with a management team boasting decades of experience in battery technology, supply chain logistics and international market development, Erayak Power Solution Group continues to drive innovation in the electrification of light vehicles. The company’s strategic emphasis on quality control, operational efficiency and geographic diversification aims to capitalize on the accelerating shift toward green mobility worldwide.
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