Bike-rental startup Mobike and China’s largest thin-film solar cell manufacturer Hanergy Holding Group (汉能) announced yesterday a strategic partnership that will see the latter’s thin-film solar panels integrated into the body of a Mobike bicycle so as to meet the electricity demand of its smart locks.

The tie-up will give the bike-rental service a bigger edge against its rivals in terms of technology and cost-saving in the long-term.

Under the agreement, Mobike will set up a joint lab with Hanergy Holding’s unit Hanergy Mobile Energy for the research of mobile energy and internet of energy fields. And any product, technology, and solution co-developed by the parties should be used on a priority basis for the product and market that is independently operated by each party or jointly operated by the parties.

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Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.