Light Orange Times

About Light Orange Times

EEZI, operating under eezi-tech.com, is a player in the electric vehicle sector, having been established in June 2021. The company directs its efforts towards the development of modular and integrated electric vehicles, managing the entire process from research and development to styling design and sales operations.

The firm secured a significant Pre-A funding round in early 2022, led by China Merchants Venture Investment Management, with participation from other investors. This capital was earmarked for the development and mass production of its debut model, codenamed 'VC', which was slated for a 2022 launch. An earlier angel round of investment occurred in September 2021. A key aspect of EEZI's operational strategy is its choice to forgo in-house manufacturing, instead partnering with other Original Equipment Manufacturers (OEMs) for production. For its VC model, the company engaged BAIC Ruixiang, a Chongqing-based manufacturer.

Just five months after its inception, the company unveiled its first quasi-production vehicle and the EEZI STEP 1.0 platform at the Guangzhou Auto Show. This platform is built on a flexible chassis design, enabling a modular approach to develop multiple classes of pure electric vehicles. A notable feature of its 'VC' model is the super-fast charging technology, which claims to provide 200 kilometers of driving range with just an 8-minute charge. The company is positioned within the automotive, cleantech, and LOHAS & Wellness industries.