Hello Inc enters high-end electric scooter industry to challenge Niu Technologies
Hello has launched three electric scooters, the Hello A80, Hello B80, and Hello B86, and one version of the Hello A80 is currently available for pre-order at a price of RMB 4,499 ($687).
Niu Technologies says sales could reach 1.1 million units this year
In the fourth quarter of last year, Niu Technologies sold 150,465 units, up 42 percent from a year earlier, according to its earnings report.
Niu Technologies launches two electric kick scooters starting at $599
They will be available for pre-order in June 2021, with deliveries in Europe and the US scheduled for July and global retail in August.
Hello Inc said to start selling electric scooters next month to take on Niu Technologies
Chinese bike-sharing giant Hello Inc will start selling electric scooters in April to rival brands such as Niu Technologies, Yadea, according to chinastarmarket.cn.
Chinese electric scooter maker Niu Technologies' Q4 revenue up 25 percent year-on-year to $103 million
The company sold 150,465 electric scooters in the fourth quarter, up 41.6 percent from a year earlier, partially offsetting an 11.5 percent decline in the average sales price of electric scooters from a year earlier.
CICC initiates coverage of Niu Technologies with Outperform rating and $31 price target
Chinese investment bank CICC on October 14 initiated coverage on Niu Technologies (NIU), giving the company an Outperform rating and a price target of $31.00, corresponding to 30x 2021 P/E.
Niu Technologies releases self-driving three-wheeled electric motorcycle
China's Niu Technologies released the world's first self-driving three-wheeled electric motorcycle TQi at CES 2020. It supports 5G communication and has a range of 200km.