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On the evening of Feb. 12, Tencent issued a statement on its official Weibo in response to Shenzhen Aixing car Rental Co., Ltd., an iGO time-sharing platform, denouncing the battery failure of more than 1,000 Tencent electric vehicles. In the statement, Teng Teng said: "the content mentioned by the relevant parties is due to disputes over the performance of the contract and is still in legal proceedings and has not yet been concluded." Tengli Motor hereby calls on both sides to actively cooperate with the court to speed up the settlement of the above disputes in accordance with the law. At the same time, it calls for avoiding the use of acts that damage brands and are suspected of interfering with the judicial process by improperly hyping public opinion. We strongly condemn the above acts and reserve the right to be held accountable in accordance with the law. "

Shenzhen Aixouxing car Rental Co., Ltd. (iGO time-sharing platform) issued two "disputes over battery faults in 1033 BYD Tencent electric cars" through its official Wechat account on Feb. 10.

According to the statement, the company purchased a total of 1033 Tengli 300 new energy vehicles from BYD Automotive Industry Co., Ltd. through financial leasing in August 2016 and May 2017, respectively, for timeshare. Since 2019, the vast majority of vehicles have battery failure, battery life continued to seriously decline and other problems. The battery life of 1033 vehicles is far lower than the "300km" parameter promised by the official website, which is generally only about 150km, which simply cannot meet the basic requirements of the market for timeshare. Since March 2019, the company has been negotiating with BYD Automotive Industry Co., Ltd. on the quality and after-sales service of vehicles, but so far there has been no response and treatment, resulting in the suspension of vehicles and idleness. As a result, our company is in a desperate situation, on the verge of bankruptcy, and the related losses are still further expanding.

On Feb. 11, Wu Jianming, founder of Shenzhen Love Travel car Rental Co., Ltd. (iGO timeshare platform), cheated customers in the store. 1033 Tengli electric cars have battery failure, BYD please give us an explanation. "according to the article, the company's timeshare taxi brands include BYD Tengli, Mercedes-Benz, BMW and Tesla, and the main model is BYD Tengli, accounting for more than 80%. In order to support Shenzhen enterprise and national brand BYD, the company bought more than 1700 BYD electric vehicles around 2016, paying a total of more than 400 million yuan, including 1333 Tengli 300 electric cars, all of which were used for rental operation. However, when it first went online, there were complaints about the poor battery life of the potential electric car, and then about a year or so later, there were a large number of withdrawal cases and complaints on the platform, all of which were aimed at the Teng Power 300, basically due to battery failure and serious battery decay. Among them, the battery life of 1033 vehicles is far lower than the "300km range" claimed by the Teng Teng official website, and the general mileage is only about 150km. As a result, customers are unwilling to rent the vehicle, so the vehicle cannot be rented out. After the problem with the vehicle, he continuously communicated with BYD and sent a letter asking for maintenance / replacement of the battery and compensation for outage losses, and then took legal measures to protect his rights, but did not get a response. " It is hoped that BYD will respond and deal with it.

It is understood that the "iGO travel" time-sharing platform is a new car rental model in the car rental industry. It is an Internet intelligent ecological travel product for urban high-end white-collar workers. It relies on mobile phone APP to pick up and return the car with one button, stop as you rent, and enjoy 24-hour self-help and convenient service.

Tengli is a joint venture between BYD and Germany's Daimler, which was established in March 2010. Tengli 300 is the first production model of Tengli, which was launched in 2014. After an upgrade, the Tengli brand launched its replacement model Tengli 400 and Tengli 500 in February 2017 and March 2018, respectively. At the 2019 Guangzhou Auto Show, the second model, the Tengli X, was launched.

On December 24, 2021, BYD and Daimler announced an increase of 1 billion yuan in capital for Tengli, with each holding a 50% stake. At the same time, BYD and Daimler signed a momentum equity transfer agreement, after the completion of the transfer, BYD and Daimler's stake in the momentum changed to 90% and 10%. According to Tianyan check, the two major shareholders of Shenzhen Teng Teng New Energy Automobile Co., Ltd. are BYD and Daimler, which own 90% and 10% respectively. In other words, after BYD took over the momentum, the strategic development of the brand was mainly led by BYD, while Mercedes-Benz turned to behind the scenes, playing a supporting role.

Wu Jianming, founder of the iGO timesharing platform, said that the battery failure of 1033 of the company's Tengli electric vehicles forced a large number of the company's vehicles to idle and shut down, resulting in a total loss of 600 million yuan, including car purchase and interest, labor costs, platform technology costs, outage losses, insurance premiums, parking fees and so on. The company is in a desperate situation, on the verge of bankruptcy, and the related losses are still expanding.

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