VisionStone Investment ("VSI") today announced the successful completion of an investment in Surron Technology ("Surron"), a leading global electric dirt bike manufacturer renowned for its pioneering role, proprietary technology, and global brand recognition. The strategic investment was executed in partnership with Surron's management team, facilitating the company's spin-off from a A-share listed entity and securing a 30% equity stake for VSI.
Established in 2014, Surron Technology is a distinguished pioneer and market leader in the global electric dirt bike industry. The company caters to consumers in North America and Europe with its innovative, self-branded electric dirt bikes, which have redefined the category on a global scale without a pre-existing benchmark. Surron's core technologies, including battery and electric motor systems, are fully developed in-house. The company has cultivated China's domestic supply chain from the ground up through partnerships with OEM suppliers. In recent years, Surron has strategically transitioned to in-house production of key components, capitalizing on the efficiency of China's supply chain to secure a formidable competitive edge in international markets.
Surron Technology holds a leading market position with a global share surpassing 30%. The company's products have garnered international acclaim, notably featured on album covers by global icon Justin Bieber and utilized in the 2023 Asian Sports Games in Hangzhou for track cycling pacemaking. Surron's diverse lineup includes three distinguished models: the "Light Bee," "Ultra Bee," and "Storm Bee," catering to a spectrum of consumer preferences with engine displacements ranging from compact to robust.
Surron's product is featured on Justin Bieber's album
Surron Technology is poised at the forefront of a burgeoning market where electric products, currently holding a market penetration rate of under 10%, are anticipated to supplant traditional oil products with their superior performance. This shift is projected to escalate the electrification rate within the industry. Expert projections from a reputable third-party research firm anticipate a tenfold expansion of the market by 2030. VisionStone Investment (VSI) is delighted to partner strategically with Surron, committing to support the company's sustained growth and capture of emerging opportunities in the long term.
