What’s Niu Applied sciences?
Niu Applied sciences is an electrical scooter firm headquartered in Beijing, China. NIU is an environment friendly, inexpensive, and environmentally pleasant approach to journey. The corporate's purpose is to develop inexpensive, modern electrical autos The corporate has developed many e-scooters enhancing on every iteration and has numerous fashions to fit your wants Niu claims that its sensible e-scooters are the primary within the trade to offer common over-the-air (OTA) updates to fine-tune the efficiency, and such OTA features can solely be seen in high-end electrical vehicles. The corporate gives connectivity options and value-added providers to its customers. The corporate's NIU app syncs with sensible e-scooters and communicates with a cloud-based system. Customers obtain real-time details about e-scooters through the app. The corporate makes use of the information to offer upkeep and repair, in addition to to advise customers when and tips on how to correctly preserve the merchandise to increase the service life and get higher efficiency.
What are their flagship merchandise?
They’ve many scooter fashions so you will discover the one best for you. They’ve gentle scooters which can be utilized for informal/leisure use or extra heavy-duty ones which can be utilized for commutes. Each mannequin could be seen and in contrast on their web site. Beneath are 2 of the extra standard one's specs.
Specs of the electrical autos *as discovered on their major web site:
NQi GTS
Motor: 3.5 kW Bosch rear hub motor Prime velocity: 48 mph (77 km/h) Vary: As much as 87 mi (140 km) Battery: 2x 60V 35Ah (whole of 4,200 Wh) Curb weight: 243 lb (110 kg) Max load: 593 lb (269 kg) Brakes: CBS hydraulic disc brakes Suspension: Hydraulic fork, twin rear hydraulic shocks Wheels: 14″ NIU NQi GTS ~$2222.96
KQi3 Professional Model
Vary: 31 miles Prime Velocity: 19.9mph Max Rider Weight: 265lbs Min Rider Age: 14+ Automobile Weight(inc.battery): 44.75lbs Brake: Twin Disc Brake (Entrance & Rear) + Regenerative braking Using Modes: 4 modes: E-Save / Sport / Customized / Pedestrian Wheel Dimension: 9.5" Show: LED Dashboard `Battery Cost: Time 6h NIU KQi3 Professional $800
CORPORATE PRESENTATION:
Firm Overview:
ranked No.1 within the product sector for July Amazon Prime day gross sales in a number of international locations On the current Milan EICMA, showcased extra light-weight kick-scooter fashions and the brand new BQi C3 Professional e-bike These product introductions permit NIU to cowl a variety of city mobility classes Along with skilled worldwide groups, a robust abroad presence, and an intensive gross sales community, they’re on the proper path to rising into a worldwide city mobility firm
Objective-Constructed for City Driving Challenges
Ease: it has single-driver advantages resembling HOV lane entry, with the ability to navigate via visitors, and coinvent parking “Clear” gas: Low emissions, decrease upkeep & gas prices, and decreased environmental influence
Advertising Technique
Assist and implement an expanded community of EV charging stations throughout the gross sales territory Set up strategic partnerships with EV charging community suppliers to make sure that charging stations are conveniently positioned and accessible for patrons at a aggressive value Assist EVs in each the office and public neighborhood Assist the rollout of recent fashions with enhancements
Right here is the hyperlink to the company convention that goes over every thing above: Hyperlink
Third Quarter 2022 Working Spotlight
The variety of e-scooters offered was 320,798, down 19.2% yr over yr The variety of e-scooters offered in China was 263,189, down 32.9% yr over yr The variety of e-scooters offered within the worldwide markets was 57,609, up 1059.8% yr over yr The variety of franchised shops in China was 3,303 as of September 30, 2022 The worldwide gross sales community consisted of 53 distributors masking 52 international locations as of September 30, 2022
Dangers/Negatives of the enterprise
Gross sales had been down in China because of the zero covid insurance policies. (Nonetheless, now with the continued protests, it seems that China will open up. This can permit gross sales to flourish once more domestically. In addition they have a rising market share in worldwide markets, particularly in Europe.) Modifications in China's financial, political, and social state of affairs, or authorities insurance policies, might have a major and detrimental influence on the corporate's enterprise and working outcomes. Niu Applied sciences' aggressive benefit depends on the sensible options and knowledge providers offered to the customers. However there is no such thing as a surety that the corporate will be capable of replace new options and knowledge providers, which can have an effect on the gross sales and associated providers. Right here is the hyperlink to the SEC Submitting that states the dangers concerned with their enterprise: Hyperlink
Present Value
yahoo finance: $4.26
Goal Value/Forecasts
yahoo finance units the goal worth at $12.67 MarketWatch units the goal worth at $32.20 CNN Cash units the goal worth at $6.84
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