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Founded Year

2013

Stage

Series A - II | Alive

Total Raised

$8.8M

Last Raised

$8.8M | 6 yrs ago

About PowerBee

PowerBee (蜂电) is an electric power IoT company that develops its own power line carrier chip to connect all the devices plugged into the cable to the cloud.

Headquarters Location

3/F, Building 3, 111 Xiangke Road Pudong New District

Shanghai, Shanghai,

China

400-990-8619

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Latest PowerBee News

OCBC Bank ties up with five EV-related companies

Jun 27, 2023

Tuesday, 27 Jun 2023 From left: Lim Chee Khoon, CFO, TC Euro Cars Sdn Bhd (authorised distributor of Renault in Malaysia); Wong Hoe Mun, CEO, GoCar Mobility Sdn Bhd; Davis Chong Chun Shiong, Executive Director/Group CEO, Solarvest Holdings Bhd (parent company of PowerBee); Anne Leh Geok Meng, Managing Director and Head of Consumer Financial Services, OCBC Malaysia; Lee Yuen How, Managing Director, EV Connection Sdn Bhd; Eugene Tan, Executive Director, Carput Technologies Sdn Bhd and Lee Kim Seong, Head of Consumer Lifestyle Finance, OCBC Malaysia KUALA LUMPUR: OCBC Bank (M) Bhd is collaborating with five electric vehicle (EV)-related companies to provide EV owners with affordable options for their green journey. Through this tie-up with EV Connection, CarputZap, GoCar, Renault and Solarvest Holdings’ unit PowerBee, OCBC cardmembers will have 0% instalment payment plan (IPP) options of up to 24 months on EV chargers, the bank said in a statement yesterday, Bernama reported They will also enjoy discounts on EV chargers, car-sharing rides, and daily to yearly subscription of EVs. Anne Leh, OCBC Bank managing director and head of consumer financial services, said the rollout of the offerings comes on the back of increasing demand from customers for support in their EV-ownership journey. “The introduction of the electric vehicle-related offerings is part of the bank’s overall strategy to focus on encouraging our customers to stay with their EV journey. “EVs are a key component of a low-carbon economy. “By providing attractive credit card offers and instalment payment plans, we hope to help our customers in their acquisition of peripherals like EV chargers and the usage of rental electric vehicles,” she said. Leh added that the bank is also working towards having more EV partners to offer its customers 0% IPP on their EV down payments. According to its website, OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 470 branches and representative offices in 19 countries and regions. These include over 230 branches and offices in Indonesia and over 70 branches and offices in China, Hong Kong and Macau. Subscribe now to our Premium Plan for an ad-free and unlimited reading experience! Topic:

PowerBee Frequently Asked Questions (FAQ)

  • When was PowerBee founded?

    PowerBee was founded in 2013.

  • Where is PowerBee's headquarters?

    PowerBee's headquarters is located at 3/F, Building 3, 111 Xiangke Road, Shanghai.

  • What is PowerBee's latest funding round?

    PowerBee's latest funding round is Series A - II.

  • How much did PowerBee raise?

    PowerBee raised a total of $8.8M.

  • Who are the investors of PowerBee?

    Investors of PowerBee include China Merchants Group.

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