NIU Expands Its Product Portfolio with New Models
2019年11月8日 - 1:15AM
NIU Technologies (“NIU”, or “the company”) (NASDAQ: NIU), the
world’s leading provider of smart urban mobility solutions, has
presented a brand-new model of electric bicycle, NIU Aero EB-01,
together with three upgraded models of e-scooters designed for
overseas markets at EICMA 2019 in Milan, Italy. NIU also promoted
its autumn collection of NIUPOWER lifestyle apparels through the
online stores.
NIU Aero EB-01 to Offer Another Option to Urban
Mobility
“The NIU Aero EB-01 is the most energy efficient urban mobility
vehicle NIU has ever designed. The product is a perfect combination
of NIU e-scooter and NIU Aero bicycle, bringing a world-class
leisure riding experience,” commented Dr. Yan Li, NIU Technologies’
CEO.
NIU Aero EB-01 is equipped with Panasonic battery cells, Shimano
derailleur and Bafang motor with an estimated riding range of
60-150km. The NIU family design language gives it a concise and
fresh look. The built-in ECU connects the bicycle with NIU app,
allowing real-time intelligence functions such as GPS location,
anti-theft tracking, remote control, help center, etc. The NIU Aero
EB-01 is expected to be sold across Europe and United States.
The new offering marks the company’s commitment to ongoing
innovation and creating new options that are customized for local
markets. NIU is devoted to continuously providing global customers
with more convenient and environmentally friendly smart urban
mobility vehicles that can redefine urban mobility and make life
better.
Upgraded Models Tailored for Overseas
Markets
The NQiGTs Pro is developed for suburban commuters who need an
extra range with larger 14” wheels tailored for performance riding
with dual 60V 35Ah batteries. The range is estimated to be
70-150km.
The MQiGT is a redesigned and more powerful version of the MQi+,
which can fit two riders. The power is further enhanced with top
speed up to 70km/h and an estimated range of 55-135km.
The UQiGT Pro maintains the simplistic design and lightweight
body, while the performance and range are much improved by more
powerful electromotor, bigger wheels and more advanced battery
technology.
“We aim to bring a new concept of mobility to the world,
enabling people to try a new lifestyle and way of exploring the
urban area,” commented Token Hu, NIU Technologies’ Co-Founder,
during the EICMA show. Carl Liu, NIU Technologies’ VP of Design,
further commented, “We see many millennials switching to e-scooters
for their daily commute; the first thing they consider ahead of
purchasing, is whether it makes them look good, and whether it
addresses their generation’s needs and expectations.”
New Collection of NIUPOWER Lifestyle
Apparels
NIU promoted the new autumn collection of NIUPOWER lifestyle
apparels. It includes nine stylish sweaters and hoodies. “Users
desire more bond to the NIU brand. Apparels would be a good entry
point. We collected ideas and feedback from users and our brand
team designed the sweaters and hoodies in house. The new lifestyle
products show that we have the capability to design not only cool
e-scooter but also fashionable apparels,” commented Token Hu.
About NIU
As the world’s leading provider of smart urban mobility
solutions, NIU designs, manufactures and sells high-performance
smart e-scooters. NIU has a streamlined portfolio of products that
address the needs of different segments of the modern urban
resident, while being united through a common design language that
emphasizes style, freedom and technology. NIU has adopted an
omnichannel retail model, integrating the offline and online
channels, to sell its products and provide services. For more
information, please visit www.niu.com.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
“will,” “expects,” “anticipates,” “aims,” “future,” “intends,”
“plans,” “believes,” “estimates,” “likely to” and similar
statements. Among other things, the business outlook and quotations
from management in this announcement, as well as NIU’s strategic
and operational plans, contain forward-looking statements. NIU may
also make written or oral forward-looking statements in its
periodic reports to the U.S. Securities and Exchange Commission, in
its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Statements that are not
historical facts, including statements about NIU’s beliefs, plans
and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: NIU’s strategies; NIU’s future business
development, financial condition and results of operations; NIU’s
ability to maintain and enhance its “NIU” brand; its ability to
innovate and successfully launch new products and services; its
ability to maintain and expand its offline distribution network;
its ability to satisfy the mandated safety standards relating to
e-scooters; its ability to secure supply of components and raw
materials used in e-scooters; its ability to manufacture, launch
and sell smart e-scooters meeting customer expectations; its
ability to grow collaboration with operation partners; its ability
to control costs associated with its operations; general economic
and business conditions in China and globally; and assumptions
underlying or related to any of the foregoing. Further information
regarding these and other risks is included in NIU’s filings with
the Securities and Exchange Commission. All information provided in
this press release is as of the date of this press release, and NIU
does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
For investor and media inquiries, please
contact
Niu TechnologiesJason YangInvestor Relations ManagerE-mail:
ir@niu.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4588a269-ceba-462c-b1bd-786497bb587d
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