- Business
- Niu Technologies (NASDAQ: NIU; FSE: 0O9.F), founded in 2014 and headquartered in Beijing, China, designs, manufactures and sells high-performance smart electric vehicles for urban mobility, including electric motorcycles, mopeds, bicycles, kick-scooters and e-bikes; its core product portfolio encompasses the electric motorcycle, moped and bicycle series such as the RQi, XQi, NQi, MQi, UQi, FQi and others, alongside the micro-mobility series featuring the KQi kick-scooter lineup and BQi e-bike series; the company provides related services including after-sales maintenance, IoT connectivity subscriptions, spare parts, accessories and battery swapping through an omnichannel model of franchised stores, city partners, distributors, third-party e-commerce platforms and its online store. Niu Technologies operates principally in China with additional revenue from Europe and other international markets including the United States, serving individual consumers, fleet operators for last-mile delivery, rental and sharing services. Recent developments include the launch of the KQi Air and KQi300 kick-scooter series in 2024, the XQi3 off-road electric motorcycle at EICMA 2023, strong sales volume growth with 350,090 units sold in Q2 2025 driven by premium models during China's 618 Shopping Festival, a 74% increase in China sales contributing to 65% total revenue growth to RMB 1.69 billion in Q3 2025, and ongoing product portfolio optimization with new 2025 models such as FXT Ultra and NXT Ultra ahead of updated e-bike standards.