Core Viewpoint - The article discusses the strategic positioning of New Energy An in the electric two-wheeler market, particularly in light of the upcoming phase-out of old national standards for electric vehicles, and highlights the company's focus on different market segments and battery innovations to meet evolving consumer demands [1][3][19]. Market Transition and Strategy - After December 1, the old national standard for electric vehicles will be completely phased out, prompting brands like Ninebot, Yadea, Aima, and Niu to expedite the registration of old standard electric vehicle owners [2]. - In the past three months, leading two-wheeler brands have been clearing old standard vehicle inventories while shifting focus to the new national standard electric vehicles and the electric motorcycle market, which is expected to see a significant user shift due to new regulations [3][19]. - Users are expected to split into two main groups: those prioritizing safety for urban commuting and short-distance travel, who will favor new standard electric vehicles, and those requiring higher power, who will transition to light electric motorcycles and electric motorcycles [3][19]. Battery Innovations - New Energy An has developed the Snow Leopard battery specifically for the new national standard, utilizing magnesium alloy materials to reduce plastic use while maintaining lightweight and high strength, with the 48V 24Ah model weighing only 8.3 kg [5][10]. - The Snow Leopard battery meets the increasing commuting distance demands, with an average one-way commuting distance in major cities rising to 80-100 km, and can achieve a peak discharge of 70A and a range of over 100 km [7][8]. - The battery's low-temperature performance allows for fast charging at -15°C and maintains over 95% capacity at -20°C, addressing winter charging concerns for northern users [9]. Safety and Compliance - The Snow Leopard battery has passed various safety tests, including puncture and drop tests, ensuring it does not catch fire or explode, thus enhancing user safety [10][13]. - The battery has already achieved compliance with GB43854 standards and supports manufacturers in meeting GB17761 and CCC certification requirements, with mass production and delivery of tens of thousands of units before the new standards take effect [13]. Market Opportunities - The new national standard is expected to eliminate non-compliant high-power models, creating opportunities for compliant light and medium-speed electric motorcycles to meet specific market needs [14][19]. - New Energy An is preparing for the electric motorcycle market with a 72V 90Ah battery that offers a range of 195 km and fast charging capabilities, significantly enhancing performance compared to traditional gasoline motorcycles [16]. - The battery's design allows for compatibility with various electric motorcycle scenarios, providing a flexible product matrix to meet diverse user needs [16]. Battery Swapping and Shared Market - The battery swapping market for electric bicycles is projected to exceed 32.85 billion yuan by 2025, with a penetration rate expected to surpass 50% by 2026 [17]. - New Energy An is developing safer and more durable batteries for the swapping market, featuring protective designs and long cycle life, which are crucial for operators focused on battery safety and maintenance [18].