The spread of the novel coronavirus did have a negative impact on Niu’s e-scooter sales. In time, more investors should catch on to the e-scooter movement. This amazing scooter can reach the incredible top speed of 52 mph. Article printed from InvestorPlace Media, https://investorplace.com/2020/06/niu-technologies-stock-e-scooters-electric-vehicles/. quotes delayed at least 15 minutes, all others at least 20 minutes. “Electric Mobility Scooter Market Scenario 2020-2028: This detailed market study covers Electric Mobility Scooter Market growth potentials which can assist the stakeholders to understand key trends and prospects in the Electric Mobility Scooter market identifying the growth opportunities and competitive scenarios. This is maybe too fast for such a little scooter, but who cares. That marks a year over year growth of 67.9%. The company’s stock, which is listed on the NASDAQ, jumped to an all-time high of $26.42, a daily increase of over 12%. And let’s not forget that NIU has incredibly exciting projects in the works right now, including a full-size 100 mph (160 km/h) electric motorcycle. Offering an affordable e-scooter is a savvy move in an economically challenged world. DENVER, Nov. 24, 2020 /PRNewswire/ -- Today, GOTRAX announces that customers can access Black Friday deals on their products for kids and adults alike.. Below are the sale items: GOTRAX Newest Commuting Electric Scooter under $300 Get the newest top-rated Hoverboard for under $100 Save on RideVOLO's new Stunt Scooters starting at $69.99 Save up to 33% on new Kids Kick … CEO and COO Yan Li explained how the Chinese e-scooter market, and therefore Niu, are already on the road to recovery: “The per store sales has improved by 12% year-over-year in the month of April. Buy Niu Technologies Stock to Test Drive the E-Scooter Revolution, Louis Navellier and the InvestorPlace Research Staff, forecast to reach a whopping $12.5 billion by 2025, sales and revenues declined on a year-over-year basis, the biggest tech revolution of this (or any) generation, The #1 Investing Lesson to Take Into 2021, Buy the Dip in Bitcoin If and When It Comes, Matt McCall and the InvestorPlace Research Staff, Best Stocks For 2021: Fiverr International (FVRR), This Dip-Buying Opportunity With Nio Won’t Last Much Longer, It’s Time to Buy the Dip in Luminar Stock for 500% Gains, OCGN Stock: Why Ocugen Shares Are Soaring 130% Today, Nio Is Looking Ready to Charge Higher Into 2021. The electric car market has already received a lot of attention, but electric scooter maker Niu Technologies (NASDAQ:NIU) is part of an industry that has yet to hit the mainstream. The electric scooter sharing market in US and Europe is estimated at $743 Million in 2019, growing at 25% CAGR till 2025. Sales of electric two-wheelers (including electric scooters and motorcycles) in China are forecast to reach a whopping $12.5 billion by 2025. Bird, the first of the major electric scooter companies to launch in the U.S., is valued at $2 billion. The electric scooter and electric motorcycle market will be worth $22 billion by 2024. Niu is not only in the right market at the right time, but also in the right geographic location to sell e-scooters. While I expected NIU to recover quickly and for the company’s stock price to follow suit, I must say I didn’t expect it to be this dramatic. China, on the other hand, is largely back to business as usual, with personal electric transportation options like electric scooters now seeing increased sales due to COVID-19. Probably the most expensive kick scooter in the market. That marks a year over year growth of 67.9%. Nasdaq We can’t say we’re totally surprised to see that the Americans have opted to just completely bypass a business m… So we’re quite confident and positive about the near future growth in China.”. Yet, a black-swan event like the spread of the coronavirus was bound to impact this burgeoning market. NIU announced that the company had sold 250,889 electric scooters in Q3 of 2020. Up at the highest price echelons of the price market, the Inokim Oxo Electric Scooter has an awful lot going for it. 1125 N. Charles St, Baltimore, MD 21201. The advent of Niu’s G0 model could introduce e-scooter technology to a new generation of travelers. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. Save up $100 on GOTRAX Newest Electric Bikes. Since dropping as low as $6.17 in March of this year early in the pandemic, NIU’s stock price has rebounded dramatically, rising over 320%. In the true spirit of the e-scooter market, ... Stock Quotes, and Market … This feat makes it the fastest electric scooter on the current market. With blazing-fast top speeds of 40mph and a … By early 2020, there were seemingly no problems on the horizon. Niu Technologies stock, therefore, should still have plenty of room to run. So what. The leading electric scooter company NIU has been on a tear lately, which has been reflected in its soaring stock price. Today is a great day to take a position in the e-scooter market. Micah Toll is a personal electric vehicle enthusiast, battery nerd and author of the Amazon #1 bestselling books Electric Motorcycles 2019, DIY Lithium Batteries, DIY Solar Power and the Ultimate DIY Ebike Guide. However, it appears that Niu is already engineering a turnaround. China is NIU’s largest market by … Why Niu Technologies Shares Were Gaining Today | The Motley Fool Latest Stock Picks Their next objectives will be to break through $20 and $22 on strong volume and, just as importantly, to hold those key levels. The ongoing pandemic has helped the direct-to-consumer scooter market, too. Raptor CZ. In 2017, scooter category held larger market share in terms of volume. Niu Technologies said it sold 250,889 e-scooters in the third quarter, up 67.9% from a year ago; sales in China, where nearly all of its business comes from, were up 70.2%. NIU announced that the company had sold 250,889 electric scooters in Q3 of 2020. Electric Scooter Market to 2026 –Global Market Size, Development Status, Top Manufacturers, and Forecasts February 06, 2019 Tags Electric Scooter Market Share English Electric Scooter Market to 2026 Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast. Besides, it is estimated that the global electric motorcycle and scooter market would expand at a formidable CAGR of 7.10% over the period between 2019 and 2027. Investors are betting on future profits, not what a company is making today. Price tag of the Electric BR2 Rover starts at $5.950. When you have names like Tesla reaching record highs in the stock market, it’s hard not to notice. 2020 InvestorPlace Media, LLC. Electric scooter manufacturer Govecs will be going public at the Frankfurt Stock Exchange this autumn. The total worth of the global electric motorcycle and scooter market is expected to exceed US$ 14.29 Bn by the end of 2027. So, as we might expect, sales and revenues declined on a year-over-year basis during the first quarter. The market for electric scooters is ... San Francisco's Municipal Transportation Agency should notify companies when electric scooter operators can resume business. Save and Get Free Shipping on the Xr Ultra Electric Scooter – on Amazon. In addition, the need for personal commuting solution is very high. Not everyone is willing or able to go all in on an electric scooter purchase. In his latest feat, Louis discovered the “Master Key” to profiting from the biggest tech revolution of this (or any) generation. 1125 N. Charles St, Baltimore, MD 21201. I think investors are finally waking up to the realization that A) NIU is a dominating force in the electric scooter market, and B) these types of vehicles are only becoming more important in the age of social distancing. We’ve written before about electric scooters, an article which has since become one of our most popular daily reads for whatever reason. Electric Scooter and Motorcycle Market Overview. A recent surge of interest has grown around the electric vehicle (EV) industry. You can send him tips at Micah@electrek.co, Elon Musk reveals he looked to sell Tesla to Apple, VW ends electric e-Golf in favor of new ID.3, Pete Buttigieg wants 'millions' of EVs on US roads, You’re reading Electrek— experts who break news about, Electric Vehicle Price Guide – best prices for dealers in the US, NIU stock price jumps 12% after selling quarter-million electric scooters last quarter, quickly expanding its international sales. All rights reserved. The G0 is part of the company’s Gova series. US In US, E-scooter sharing services were aimed at giving a tough fight to the king of transit- car. A mix of tech and autos, these companies are aiming to benefit from a thirst for alternative energy transportation. But the company’s recovery is well underway now. Subscribe to Electrek on YouTube for exclusive videos. In fact, a price ramp-up from $5.50 last summer to the $10 area was in progress during this time frame. Globally, investors put $3.7 billion into electric scooter and electric bike companies in 2018 through Oct. 23. SoftBank-backed India's Ola to invest $326 million in electric-scooter plant. The new NIU MQi2 and MQiS have also led to increased sales in NIU’s domestic market. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. including a full-size 100 mph (160 km/h) electric motorcycle. The company plans to invest the additional money from investors in production capacities, product line-up and distribution networks. On the basis of battery type, the electric scooter market can be segmented as lithium ion (Li-ion), nickel metal hydride (NiMH), and sealed lead acid (SLA). Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system — with returns rivaling even Warren Buffett. Top Rate Hoverboards Starting at $99.99. According to a market report published in 2013, the sales of electric motorcycles and scooters is expected to rise over 10-fold by 2018 in North America, to about 36,000 by 2018. People seem very interested in low-cost forms of transportation that are environmentally friendly. Get the Newest Kids Electric Scooter for under $150 – on Amazon (Amazon) December is a time when consumers are looking for the best deals on their holiday gifts and purchases. Shares of the electric-scooter maker jumped on a strong quarterly sales report. The scooter is quite competitively priced at just $1,995 with free shipping (plus $400 in documentation/dealer prep so that it arrives ready to ride). "The environmental footprint of the production process for this product is minimal. The e-scooter movement was underway at the start of 2020. FTC: We use income earning auto affiliate links. We’ve also written before about bike sharing, something that took China by storm. 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