It achieves an annual turnover of 200 million euros and strengthens its market share
PARDUBICE, Czech Republic, January 10, 2022 / PRNewswire / - EcoFlow, a provider of portable energy and renewable energy solutions, announced this week that its annual sales in 2021 reached 200 million euros and increased compared to the previous year by 275%. For the second year in a row, EcoFlow has more than tripled its sales and surpassed the compound annual growth rate (CAGR) of the global portable power market, which reached 42%. In Europe in particular, EcoFlow's sales increased tenfold compared to the previous year.
"The impressive increase in sales can be attributed to several things," said Allen Zheng, EcoFlow's global sales manager. the number of extreme power outages caused by the weather. "
In addition to rapid sales growth, 2021 was a significant milestone for EcoFlow in other respects as well. In June, the company received more than $ 100 million in its B-Series investment from China's Sequoia Fund and Hillhouse and CICC. These investments catapulted the company to the forefront of the industry and provided it with a value of more than $ 1 billion. A month later, EcoFlow launched the first DELTA Pro portable home battery on Kickstarter. The EcoFlow DELTA Pro model broke Kickstarter's record as the best-funded technology project. More than 10.6 million euros were collected for it and it was included among the 100 best inventions of 2021 by TIME magazine.
In 2021, EcoFlow also became more actively involved in addressing environmental and emergency preparedness issues. In March, EcoFlow launched a long-term afforestation campaign as part of the Million Forest Plan, an environmental project jointly initiated by the United Nations Environment Program, The Climate Organization and the China Green Foundation. In September, EcoFlow launched the "Peace of Mind" training campaign to inform individuals about the importance of natural disaster preparedness, using influential people and experts.
"We are entering 2022 with great confidence, because what we have achieved in the past year is a good indicator. EcoFlow will continue to expand socially and at the same time supply energy to a whole new world, "said Zheng.
EcoFlow is a company dealing with portable energy sources and renewable energy. Since its founding in 2017, it has been providing energy self-sufficiency to customers in more than 85 markets through its DELTA and RIVER portable station product lines or additional accessories. EcoFlow's mission is to discover a new way to generate energy by innovating lighter, more reliable, clean, quiet and renewable energy storage solutions. EcoFlow products are now available in 35 countries and regions in Europe and are supported by a network of more than 300 local resellers.
See the EcoFlow website (webových stránkách ) for more information.