NIU Fourth Quarter 2021 Reports Shows Huge Sales Volume. Over 1M Units Sold, Lineup Updated.

NIU Fourth Quarter 2021

NIU Fourth Quarter 2021 reports show another increase in sales unit for Electric scooters, mopeds and kick-scooters.

NIU Fourth Quarter 2021 reports show the increase in demand in the electric space. With over 1M Units Sold in total over the year, in the fourth quarter alone, NIU sold 238,188 units, including e-motorcycles, e-mopeds, kick-scooters and e-bikes, representing a 58.3% year-over-year growth.

Ramping up the number of units sold in China to 205,239, in a 49.2% year-over-year growth. The number of units sold in international markets was 32,949, again representing an huge increase of 155.8% year-over-year.

The growth in China’s market was mainly driven by the retail network expansion. The continued retail network expansion and additional 422 new stores in China, show a strength point in NIU Fourth Quarter 2021 earnings, reaching 3,108 stores in China at the end of 2021.

One main factor of growth in the international markets was thanks to strong demand for the recently rolled out models of e-motorcycles and kick-scooters.

In full year 2021, the company sold approximately 1,037,914 units, representing a 72.5% year-over-year growth. The number of units sold in China market and international markets reached 988,023 and 49,891, respectively.

CHECK OUT NIU’s LINEUP:

NIU RQi: The electric motorcycle we’ve been waiting for

The RQi electric motorcycle has made an appearance at this year’s EICMA booth. After announcing the model will have a Sport version, the company named some of the new RQi Sport features:

NIU 
RQI
MQI GT
NIU RQi GT
  • 100km/h (62mph) top speed
  • Launch Mode for an instant acceleration boost
  • Up to 120km (74 miles) range per charge
  • Dual 72V removable batteries, each with 36Ah capacity
  • 7.5kW peak power
  • Fast charging
  • Customizable dashboard display faces
  • Red, silver, and green color options

Some of the coolest stuff here are “Launch Mode” that gives an acceleration boost when you need it, and of course the RQi also features NIU’s iconic halo light and design found on other electric scooter models.

This is an important release for NIU as the company continues to expand with more products and include additional high performance vehicles. At €6,999 for Europe, the RQi Sport is an excellent choice for those who want the thrill of an electric motorcycle without the costly price.

NIU MQi GT EVO: The future of 125cc scooters

Despite the anticipation for the RQi, the real game changer for NIU at the EICMA booth was the newly announced MQi GT EVO. This is NIU’s fastest ever electric scooter that really beats everything else in the 125cc class of scooters, whether gas-powered or electric. The MQi GT EVO features:

  • 100 km/h (62 mph) top speed
  • Up to 75 km (46 mi.) range per charge
  • Dual 72V removable batteries, each with 26Ah capacity
  • 6500W max output
  • Fast charging capability
  • Customizable dashboard display faces
  • Orange, white, gray, and black color options in a matte finish

As you might have noticed, this beast of a scooter will reach the same speed of the RQi motorcycle, with 1kW less in motor power. With these impressive performance specs you are getting great value for money, especially when compared to ICE vehicles, but similarly when compared to other electric scooters.

Priced at €4,999 to start in the European market, this is a performance scooter for more than city speed, and with many countries offering additional EV incentives and price reductions, NIU has wrapped a top-level specs vehicles in an affordable price.

NIU BQi-C1: An E-bike for urban cyclists

A BEAUTIFULLY DESIGNED E-BIKE FROM NIU: THE BQI-C1

With the BQi series announcement, NIU once again reaffirm their commitment to electric urban mobility. From light vehicles to motorcycles, NIU is now developing its e-bike offerings with the BQi and providing more options to riders. This BQi-C1 e-bike is built with urban cyclists in mind and features:

  • 45 km/h (28 mph) top speed
  • Up to 100 km (62 mi.) of range per charge
  • 48V removable battery
  • 750W max output
  • Single-speed derailleur
  • Class 2 & 3 e-bike (US class)
  • White, glossy gray, and matte black color options

The BQi-C1 also features a V-shaped step-through design for ease of use and a wider fit to a range of riders. No details on pricing were announced as they will be released closed to the release of the e-bike.

NIU KQi2 and KQi3 Max: micro-mobility solutions

After the successful launch of the KQi3 on Indiegogo, NIU continues to deliver on micro-mobility solutions with their first kick scooter product. The company announced the KQi2 and KQi3 Max kick scooters. The KQi2 Pro features a more personalized design with:

  • 25 km/h (17 mph) top speed
  • Up to 40 km (24 mi.) of range per charge
  • 48V battery
  • 600W max output
  • Customizable deck grip tape
  • White and gray color options

What really sets this scooter apart from the pack, is the option to swap out deck grip tape on the KQi2 with different colors, patterns, and styles. On the higher end of cost bracket, they released a new version of the KQi3: the KQi3 Max. The Max is meant to reset the standard for electric kick scooters, featuring:

  • 35km/h (21 mph) top speed, depending on the region
  • Up to 65 km (40 mi.) of range per charge
  • 48V battery
  • 900W max output
  • Self-healing pneumatic tires
  • Robust and highly durable build quality
  • Black or gray color options with red accent

Other NIU products in the 2022 lineup

In addition to the expansion of the product offerings for electric motorcycles, scooters, and kick scooters, NIU also refreshed a beloved classic: the NQi GTS. The 2022 version of the NQi GTS got an increase to top speed of 80 km/h (50 mph) and up to 95 km (59 mi.) on the extended range model. It also features two new colors, gloss black and matte gray, in addition to the previous white with red striping color scheme.

Lastly, the YQi, an exciting new gas/electric hybrid scooter, with the goal of transitioning more riders around the world toward electric vehicles. This “gateway scooter” combines a liquid-cooled 150cc engine with an electric motor to reach a top speed of 110km/h (68 mph) and a range of 250+ km (155+ mi.)

Source: NIU

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