Niu Technologies (NASDAQ: NIU) shares sustained slight losses as Monday morning became afternoon. As the world’s leading provider of smart urban mobility solutions today announced the launch of the KQi 200 Series, two new electric scooters designed to deliver premium performance and comfort at an accessible price. Available starting today at select Best Buy stores and online, the KQi 200 Series builds upon the success of the KQi2 Pro model, offering an elevated, affordable experience with an upgraded motor, extended range and a minimalist yet sturdy frame. This scooter lineup is designed for the daily commuters and adventure seekers, redefining what’s possible in electric mobility.
“The new KQi 200 Series is the perfect balance of technology, design and performance. The KQi200P now features upgraded power with a top speed of 19.5 mph, 2 mph faster while remaining at the same price point. It also offers a major upgrade with an extended range of 32 miles, a 7 mile improvement over the previous model,” said Ben McGill, Head of North America of NIU. “NIU has continued to stay committed to making high-tech, sustainable transportation more accessible for everyone. With a scooter for every level of rider and a focus on affordable pricing, we continually learn from our customers and implement feedback into our next generations. This approach ensures we’re building exceptional scooters while growing a sustainable network.”
NIU shares fell eight cents, or 2.1%, to $3.44.