The History

　　In 2010, the founder of Airwheel Mr. Guogang Zuo built a team specifically for the R&D of electric unicycles.

　　In Nov. 2011，their team came with the first demo unit and spent 1 year optimizing it.

　　In March 2013, Mr. Li Lun from Empower Investment made the first capital injection to Airwheel, meantime Airwheel was introduced by the “Elite Program of the Dragon City”, and began to produce its first intelligent transport product – Mars Rover.

　　In Apr. 2013, Changzhou Airwheel Technology Co., Ltd. was established.

　　In Apr. 2013, the 1st generation of Airwheel products, Airwheel X3 was launched.

　　In Apr. 2013, Airwheel opened its 1st e-shop on Taobao.com.

　　In Apr. 2013, CEO Mr. Guogang Zuo started to build distribution channels and networks.

　　From Apr. to May 2013, Airwheel’s distribution network covered 3 major cities in China: Shenzhe, Guangzhou and Hangzhou.

　　In July, 2013, Airwheel signed the exclusive distributor in the capital city Beijing.

　　In July, 2013, Airwheel production capacity reached 6,000 units per month, and monthly sales volume soared to roughly 3,000 units.

　　In Aug. 2013, Airwheel opened its 2nd e-shop on T-Mall.com.

　　In Nov. 2013, Airwheel opened its 3rd e-shop on JD.com

　　From May to Nov. 2013, Airwheel rolled out its following X-series products: Airwheel X5, Airwheel X6 and Airwheel Q3.

　　From Apr. to Jan. 2014, Airwheel sales volume totaled 80,000 units , with total turnover USD 20 Million and market share 70%.

　　On 8th Jan. 2014, Airwheel grand open for its 200th regular chain store.

　　In Apr. 2014, Airwheel hit the monthly sales target 10,000 units in China and 4,000 units in the overseas market.

　　The Present

　　Empower Investment, Zhonglu Investment and Elite Program of the Dragon City have pumped money into Airwheel.

　　Today Airwheel Mars Rovers have been sold to more than 20 countries including the U.K, U.S, Germany, Switzerland, Sweden, Italy, Norway, Sweden, Russia, Brazil, ect.

　　Airwheel will resume its rapid product upgrading and innovation pace. The next generation of Airwheel products will integrate safe riding, cross-country, music player, communication and remote control functions.

　　As an enterprise introduced by “Elite Program of Dragon City” of Changzhou Municipal Government, Airwheel Technology plans an annual production volume 100,000 units, annual turnover USD 30 Million and more groundbreaking products under developing.

　　The Future

　　Two-Wheeled Electric Scooter

　　Airwheel will launch its 3rd product line: the two-wheeled electric scooter with electric automobile user experience and no more than 50kg dead weight.

　　Electric Manned Aircraft

　　Airwheel core R&D team began develop Electric Manned Aircraft in Sept. 2013 and has invested over USD 500,000 into this program. The aircraft is designed to be foldable and compact (4m in diameter), with 500kg lift and 100m fly altitude. The estimated production schedule will be in the second half of 2015 and the cost will be controlled no higher than USD20,000.