The Information has designated Shanghai Bangbang Robotics Co. Ltd (Bangbang Robotics), a global manufacturer of electric mobility scooters and wheelchairs, Asia’s No. 1 Top 50 of the most promising startups of 2022 (TI50).

Information IT50 Shanghai Bangbang Robotics, a Manufacturer of Wheelchairs

IT50 Shanghai Bangbang Robotics Information Maker of wheelchairs

Tens of thousands of paid subscribers to The Information, one of Silicon Valley’s most recognised technology media publications, are located in 84 different nations and regions. The TI50 is a yearly ranking of 50 businesses from across the globe that have the potential to dominate their respective industries.

Currently valued at about $83 million, BangBang Robotics is expected to triple its sales by 2022. The company was included in the TI50 2022 ranking because to its creative design of artificial intelligence (AI)-enhanced electric wheelchairs after an analysis of its present turnover, economic model, and growth potential.

The specific justifications for including Bangbang Robotics in the TI50 2022 rating are as follows:

The benefits of software and hardware created by the company itself give Bangbang Robotics its commercial competitiveness.

The value chain of Bangbang Robotics, which consists of research and development, design, production, and sales, gives the business a strong platform on which to compete both domestically and abroad.

Source: Prnewswire