NIU is a world leader in smart electric mopeds, and the company’s newly released 2021 sales figures demonstrate why. NIU has a wide lineup of electric two-wheelers that includes mopeds, standing scooters, bikes, and motorcycles.
Across that diverse product selection, NIU announced that it sold a total of 238,188 units in Q4 2021. Compared to the 150,465 units sold in Q4 2020, that represents a 58% increase year-over-year.
NIU’s domestic market in China makes up the lion’s share of the company’s sales. A total of 205,239 of those units in Q4 2021 came from the Chinese market. That represents a 49.2% year-over-year growth in the company’s domestic market.
The company’s international sales grew even larger though, increasing to 32,949 units in Q4 2021 and representing an impressive 155.8% growth year-over-year.
As a whole for 2021, the company sold 1,037,914 units, representing a 72.5% year-over-year growth. A total of 988,023 of those units came from sales in the Chinese market, while 49,891 were international sales.
Near the end of 2021, NIU showed off a number of new products at the EICMA Milan Motorcycle Show.
The MQi GT EVO was unveiled as NIU’s fastest e-scooter yet, touting a top speed of 100 km/h (62 mph).
The scooter also features NIU’s highest power hub motor to date with 5 kW (6.7 hp) on tap. Power gets supplied by a pair of 72V 26Ah batteries touting up to 85 km (53 miles) of range.
The MQi GT EVO has been redesigned inside and out compared to the previous MQi models, as chief innovation officer Token Hu explained:
“When we sat down to build the EVO, we had one goal in mind – this bike has got to be fun from the moment you pull the throttle.”
More than just extra power, NIU has included a number of new features in the scooter such as keyless start, electric anti-theft steering column lock, and app-enabled sharing profiles to let riders share the scooter with family without requiring a key, and an all-new TFT color display.
The MQi GT EVO will be priced at €4,999 in Europe, including three years of connectivity and app services.
You can check out the new scooter and NIU’s other models like the RQi electric motorcycle in the video below that we shot from the show floor.
Source: electrek