Aulton New Energy’s Hong Kong IPO Application Lapsed, China’s Largest Independent Third-Party Battery Swap Solution Provider

NewTimeSpace News: According to information on the Hong Kong Stock Exchange official website, the main-board listing application of Aulton New Energy Co., Ltd., filed on December 12, 2025, has recently lapsed after reaching the six-month deadline.
Aulton New Energy is a leading player in China’s battery swap industry, dedicated to building a comprehensive product and service portfolio covering the entire battery swap ecosystem. Based on data from CIC, in terms of revenue generated from battery swap station operation services in 2024, the company ranks as China’s largest independent third-party battery swap solution provider.
Leveraging its self-developed smart energy service platform, the company efficiently manages battery swap equipment, vehicles and batteries. To date, over 130,000 electric vehicles, 521 battery swap stations and 160,000 batteries have been connected to the platform. The company has also obtained more than 2,300 patents in China.

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