China’s electric scooter maker Niu launches kick-scooter models

China’s electric scooter maker Niu Technologies said on Wednesday it would roll out its first kick-scooter model in the United States and Europe and four electric bike models as it expands its product line-up.

Niu, which makes scooters and motorcycles powered by lithium-ion batteries, sold 600,892 two-wheelers globally last year, up nearly 43% from 2019 sales.

Niu currently makes its products in China’s eastern city of Changzhou. It is also doubling its manufacturing capacity there and will have annual manufacturing capacity of 2 million scooters.

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe