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). In time, more investors should catch on to the e-scooter movement. We’ve written before about electric scooters, an article which has since become one of our most popular daily reads for whatever reason. The global electric scooter and motorcycle market size is expected to reach $13,864.0 million by 2025, growing at a CAGR of 7.3% during the forecast period. 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. 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. Their next objectives will be to break through $20 and $22 on strong volume and, just as importantly, to hold those key levels. 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%. Govecs is particularly aiming at the B2B market, where they intend to focus on vehicle sharing models and “optimal” use of the […] 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. All rights reserved. The spread of the novel coronavirus did have a negative impact on Niu’s e-scooter sales. In fact, a price ramp-up from $5.50 last summer to the $10 area was in progress during this time frame. So we’re quite confident and positive about the near future growth in China.”. Clearly, the stock has momentum, and so does this fascinating electric scooter revolution. Reid says “exponential growth” ahead for electric scooter market 29 September, 2020 29 September, 2020 Mark Sutton 1210 Views Australian bike, e-Bike and now e-scooter label Reid suggests that, once private ownership is legalised, those retailers invested in the electric scooter market goods can expect “exponential growth”. Why Niu Technologies Shares Were Gaining Today | The Motley Fool Latest Stock Picks In 2017, scooter category held larger market share in terms of volume. And, a new product launch will make e-scooters more affordable in China while also adding to Niu’s value proposition. The market for electric scooters is ... San Francisco's Municipal Transportation Agency should notify companies when electric scooter operators can resume business. Sales of electric two-wheelers (including electric scooters and motorcycles) in China are forecast to reach a whopping $12.5 billion by 2025. By all indications, Niu Technologies stock was scooting along nicely during the fourth quarter of 2019. Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast. Shares of the electric-scooter maker jumped on a strong quarterly sales report. GOTRAX Announces 2020 Holiday Sale on Limited Stock of Electric Scooters, Kick Scooter, E Bikes on GOTRAX.com and Amazon ... electric scooter, or the next big thing. The total worth of the global electric motorcycle and scooter market is expected to exceed US$ 14.29 Bn by the end of 2027. Niu Technologies stock, therefore, should still have plenty of room to run. The new NIU MQi2 and MQiS have also led to increased sales in NIU’s domestic market. Globally, investors put $3.7 billion into electric scooter and electric bike companies in 2018 through Oct. 23. Offering an affordable e-scooter is a savvy move in an economically challenged world. The Rover has a charging time of 4 hours with only 18 cents cost of electricity. Specifically, it’s an affordable e-scooter called the G0. So what. 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%. But the company’s recovery is well underway now. Today is a great day to take a position in the e-scooter market. Electric Scooter and Motorcycle Market Overview. 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. Consumers will be able to choose between “sports” and “tour” offerings. Niu is not only in the right market at the right time, but also in the right geographic location to sell e-scooters. 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). Bird, the first of the major electric scooter companies to launch in the U.S., is valued at $2 billion. "The environmental footprint of the production process for this product is minimal. Save and Get Free Shipping on the Xr Ultra Electric Scooter – on Amazon; Save up $100 on GOTRAX Newest Electric Bikes; Top Rate Hoverboards Starting at $99.99; 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. In the true spirit of the e-scooter market, ... Stock Quotes, and Market … 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. Top Rate Hoverboards Starting at $99.99. quotes delayed at least 15 minutes, all others at least 20 minutes. However, buyers stepped in and showed that Niu Technologies stock wasn’t out of gas. The ongoing pandemic has helped the direct-to-consumer scooter market, too. E-scooter makers at CES 2019 say the best market opportunity for such short-range transportation systems could be sales of the devices to urban dwellers and commuters. Price tag of the Electric BR2 Rover starts at $5.950. The e-scooter movement was underway at the start of 2020. 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. And in June they really stepped on the accelerator pedal, powering the shares all the way up to $18. However, it appears that Niu is already engineering a turnaround. Electric scooter manufacturer Govecs will be going public at the Frankfurt Stock Exchange this autumn. SoftBank-backed India's Ola to invest $326 million in electric-scooter plant. 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. This feat makes it the fastest electric scooter on the current market. Investment in electric scooter companies and electric bike companies is accelerating — but so is the public backlash against them, clouding hopes for future profits. 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. Copyright © 2020 InvestorPlace Media, LLC. Indeed, April was a pivotal month for Niu as the company returned to day-to-day operations. US In US, E-scooter sharing services were aimed at giving a tough fight to the king of transit- car. Among these, Li-ion batteries garner increased consumer traction on the back of their capacity to facilitate high energy density, longer charge cycles, and low self-discharge rates. On the basis of product, the electric scooter and motorcycle market has been classified into motorcycle and scooter. By early 2020, there were seemingly no problems on the horizon. We’ve also written before about bike sharing, something that took China by storm. A mix of tech and autos, these companies are aiming to benefit from a thirst for alternative energy transportation. 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. The electric scooter sharing market in US and Europe is estimated at $743 Million in 2019, growing at 25% CAGR till 2025. More. Its battery is … 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 Article printed from InvestorPlace Media, https://investorplace.com/2020/06/niu-technologies-stock-e-scooters-electric-vehicles/. 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. 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. We can’t say we’re totally surprised to see that the Americans have opted to just completely bypass a business m… FTC: We use income earning auto affiliate links. Of course I’m a bit biased, seeing as how I love my NIU NGT Pro as my daily driver! The MarketWatch News Department was not involved in the creation of this content. NIU announced that the company had sold 250,889 electric scooters in Q3 of 2020. All rights reserved. Q3 of 2020 marked a huge return to form for NIU, which sold over half of all its electric scooters this year in Q3 alone. 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. “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. 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 … This amazing scooter can reach the incredible top speed of 52 mph. now seeing increased sales due to COVID-19. Surging concerns over carbon emissions and their harmful effects on human health has boosted the adoption of eco-friendly e-bikes. People use a smartphone to unlock LimeBike shared electric scooters on the Embarcadero in San Francisco. Investors are betting on future profits, not what a company is making today. The leading electric scooter company NIU has been on a tear lately, which has been reflected in its soaring stock price. [1] This data might not sound perilous unless you multiply the count by nearly 97 million cars produced in 2017. Black-Swan event like the spread of the coronavirus was bound to impact this burgeoning.! 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