TAILG TECHNOLOGY HKEX Listing Application Lapses; Ranks 3rd in Global Light Electric Vehicle Market
NewTimeSpace News: The listing application filed by TAILG Technology Co., Ltd. with The Stock Exchange of Hong Kong Limited on 30 January 2026 has lapsed upon the expiry of the six-month period.
The Company is a leading brand of light electric vehicles advocating green, low-carbon and smart mobility. As the pioneer defining "long-range electric two-wheelers" in Chinese Mainland, it has built a comprehensive product portfolio covering electric bicycles, electric motorcycles and electric tricycles, and also sells batteries as accessories together with vehicles.
According to Frost & Sullivan, based on revenue in 2024, the Group ranks third in the global light electric vehicle market with a market share of approximately 5.2%. Measured by revenue from electric two-wheelers in 2024, it ranks third in Chinese Mainland with a market share of roughly 12.7%.
The Group has established an extensive sales network across Chinese Mainland with deep penetration into regional markets, and achieved rapid growth in overseas markets. The Company was invited to participate in formulating multiple national and industrial standards including the Rules for Energy Conservation Certification of Motorcycles and Electric Bicycles, Technical Specifications for Energy Conservation Certification of Electric Bicycles (New National Standard) and White Paper on Energy Conservation of China’s Electric Vehicles. It has received numerous honors such as "National Quality Training Base" and Gold Award of the Industrial Design Red Sail Award.
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