Lixin New Energy's EV Charging Business Remains Small, No Partnerships with Major Automakers Yet

On March 26, Lixinneng responded to investors, stating that the company has completed and is operating three phases of EV charging station projects, adopting an integrated model combining "parking lots + charging piles + service stations." These comprehensive charging stations offer various charging terminals, including both DC and AC options, aiming to expand integrated energy services and provide convenience for new energy vehicle owners. However, the company noted that its charging pile business currently accounts for only a small portion of its total revenue. It also clarified that it has not yet established direct collaborations with leading new energy vehicle manufacturers such as BYD, XPeng, NIO, or Xiaomi.