NIU Offers a New E-bicycle in China Market
2020年4月22日 - 10:00PM
NIU Technologies (“NIU”, or “the company”) (NASDAQ: NIU), the
world’s leading provider of smart urban mobility solutions,
announced that the company will host an online product launch on
May 8th 2020 to release MQi2, a brand new e-bicycle model under MQi
series in China.
The MQi2 is NIU’s flagship product under the new national
standard of electric bicycle in China. It expands NIU’s
product portfolio into China’s e-bicycle market while also
satisfying the urban commuters’ needs by allowing them to travel
safely and conveniently. The MQi2 inherits the design
language of MQi series of being classic and fashionable. It
is also equipped with our most advanced technologies - the 4th
generation of NIU Energy™ technology and V35 Cloud-ECU.
Additionally, technologies usually seen on cars are
integrated into MQi2, such as central shock absorber, light guide,
keyless ignition, three different driving modes, cruise control,
and braking energy recovery. For more details, please visit
the product website at www.niu.com/product/mqi2.
Simultaneously with new product launch, the NIU app will be
upgraded to 4.0 version, which is optimized for better interactive
experience, higher accuracy of GPS positioning and anti-theft
security. The revolutionary “GO” function can turn a user’s
mobile device into a vehicle dashboard for real-time
navigation. There are also other innovative features such as
remote control.
“According to research, 60% of urban travels are within eight
kilometers and many of these trips are being taken individually.
Therefore, e-bicycle is an excellent choice for urban travel,
especially as more and more people prefer traveling without taking
public transportation nowadays. Our new product MQi2 will
extend our product offering and give consumers more choices,”
commented Dr. Yan Li, CEO of NIU Technologies.
About NIU
As the world’s leading provider of smart urban mobility
solutions, NIU designs, manufactures and sells high-performance
electric bicycles and motorcycles. NIU has a product
portfolio consisting of seven series, four e-scooter series,
including NQi, MQi and UQi with smart functions and Gova, two urban
commuter electric motorcycles series RQi and TQi, and a performance
bicycle series, NIU Aero. Different series of products
address the needs of different segments of modern urban residents
and resolve the demands of different scenarios of urban travel,
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 offer
the products and 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
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