Niu Technologies

Niu Technologies (stylized as NIU) is an electric scooter company, headquartered in Changzhou, China.[1] It was founded in 2014, and received $125M in venture capital over several rounds of funding, lead by GGV Capital.[2]

Early on, the company differentiated itself by using lithium-ion batteries, as opposed to cheaper lead-acid alternatives that were widely used in Chinese escooters at the time.[3] It had $300M in revenue in 2019.[4] As of November 2020, 98% of its sales were in China.

In 2018, the company got listed on the NASDAQ stock exchange under the ticker NIU.[5]

References
  1. "Niu Technologies - Company Profile and News". Bloomberg.com. Retrieved 2020-11-06.
  2. "Niu Technologies - Crunchbase Company Profile & Funding". Crunchbase. Retrieved 2020-11-06.
  3. "Chinese escooter maker's stock accelerates 400% on Covid boom". www.ft.com. Retrieved 2020-11-06.
  4. "NIU Technologies, NIU:NMQ profile - FT.com". markets.ft.com. Retrieved 2020-11-06.
  5. "NIU filings on SEC.gov". www.sec.gov. Retrieved 2020-11-06.
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