[Featured Stock] Cellumed Rises on Spotlight as Key Replaceable Battery in $636 Trillion Micro-Mobility Market

Cellumed is showing strong performance. As swappable batteries emerge as a key element in micro mobility, which is expected to grow to a scale of 636 trillion KRW, the company is gaining attention.

As of 2:33 PM on the 31st, Cellumed is trading at 3,710 KRW, up 3.49% compared to the previous trading day.

Recently, the global consulting firm McKinsey projected that the micro mobility-related market will grow to 500 billion USD (approximately 636.75 trillion KRW) by 2030.

Micro mobility refers to small-sized transportation means that utilize eco-friendly power sources. Electric wheels, electric kickboards, electric bicycles, and electric scooters are representative micro mobility devices, and recently, the category has expanded to include ultra-compact electric vehicles and multipurpose electric vehicles.

According to industry sources, alongside concerns about the insufficient charging infrastructure for the rapidly increasing micro mobility devices, swappable battery services and platforms are gaining attention. According to Global Market Insights, the global swappable battery micro mobility market size already exceeded 1 billion USD (approximately 1.275 trillion KRW) as of last year.

Meanwhile, Cellumed is known to be the first in Korea to promote a swappable battery platform business. The company is also developing products related to electric two-wheelers and swappable battery packs in collaboration with BYD, the world's leading electric vehicle company.

Cellumed is accelerating the development of electric two-wheelers and swappable battery pack products and, based on exclusive global sales rights, has begun preparations for distribution in the Southeast Asian market, focusing on targeting the global market.