electric scooter stock market

The leading electric scooter company NIU has been on a tear lately, which has been reflected in its soaring stock price. 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. Niu Technologies stock, therefore, should still have plenty of room to run. https://finance.yahoo.com/news/big-firms-investing-rented-e-125112398.html The NIU stock price suggests that traders are already positioning themselves for more upside. Unfortunately, the onset of the coronavirus created a speed bump for NIU shares. 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 $150 – on Amazon (Amazon) December is a time when consumers are looking for the best deals on their holiday gifts and purchases. "The environmental footprint of the production process for this product is minimal. The total worth of the global electric motorcycle and scooter market is expected to exceed US$ 14.29 Bn by the end of 2027. 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). That marks a year over year growth of 67.9%. E-scooter market share South Korea 2020, by manufacturer E-scooter market share South Korea 2020, by size Italy: electric car charging points … (adsbygoogle = window.adsbygoogle || []).push({}); Today, the Beijing-based company released a positive Q3 sales numbers update. 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. 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. So, as we might expect, sales and revenues declined on a year-over-year basis during the first quarter. Consumers will be able to choose between “sports” and “tour” offerings. We’ve written before about electric scooters, an article which has since become one of our most popular daily reads for whatever reason. 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. Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system — with returns rivaling even Warren Buffett. 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”. A recent surge of interest has grown around the electric vehicle (EV) industry. A mix of tech and autos, these companies are aiming to benefit from a thirst for alternative energy transportation. Their next objectives will be to break through $20 and $22 on strong volume and, just as importantly, to hold those key levels. More. Globally, investors put $3.7 billion into electric scooter and electric bike companies in 2018 through Oct. 23. China is NIU’s largest market by far, with 245,293 of those electric scooters being sold domestically. 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. Today is a great day to take a position in the e-scooter market. Clearly, the stock has momentum, and so does this fascinating electric scooter revolution. Copyright © 2020 InvestorPlace Media, LLC. 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. 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. The market for electric scooters is ... San Francisco's Municipal Transportation Agency should notify companies when electric scooter operators can resume business. China is NIU’s largest market by … NIU announced that the company had sold 250,889 electric scooters in Q3 of 2020. Investment in electric scooter companies and electric bike companies is accelerating — but so is the public backlash against them, clouding hopes for future profits. This powered scooter has a unique design, innovative technical features, durable, efficient batteries and a powerful electric motor. With blazing-fast top speeds of 40mph and a … Of course I’m a bit biased, seeing as how I love my NIU NGT Pro as my daily driver! Buy Niu Technologies Stock to Test Drive the E-Scooter Revolution, Louis Navellier and the InvestorPlace Research Staff, forecast to reach a whopping $12.5 billion by 2025, sales and revenues declined on a year-over-year basis, the biggest tech revolution of this (or any) generation, The #1 Investing Lesson to Take Into 2021, Buy the Dip in Bitcoin If and When It Comes, Matt McCall and the InvestorPlace Research Staff, Best Stocks For 2021: Fiverr International (FVRR), This Dip-Buying Opportunity With Nio Won’t Last Much Longer, It’s Time to Buy the Dip in Luminar Stock for 500% Gains, OCGN Stock: Why Ocugen Shares Are Soaring 130% Today, Nio Is Looking Ready to Charge Higher Into 2021. Copyright © Bird, the first of the major electric scooter companies to launch in the U.S., is valued at $2 billion. The company plans to invest the additional money from investors in production capacities, product line-up and distribution networks. The scooter market is a good example. Shares of the electric-scooter maker jumped on a strong quarterly sales report. Investors are betting on future profits, not what a company is making today. Among NIU’s electric scooters, a large portion has consisted of the newly released G0 electric moped, part of the smaller and lighter GOVA line. While NIU has been quickly expanding its international sales, many of its international markets, including the US market, are still reeling from the COVID-19 pandemic. “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. Niu is not only in the right market at the right time, but also in the right geographic location to sell e-scooters. Electric Scooter and Motorcycle Market Overview. 1125 N. Charles St, Baltimore, MD 21201. NIU announced that the company had sold 250,889 electric scooters in Q3 of 2020. 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%. US In US, E-scooter sharing services were aimed at giving a tough fight to the king of transit- car. It is powered by two 1800W motors and it can easily climb hills. The Rover has a charging time of 4 hours with only 18 cents cost of electricity. SoftBank-backed India's Ola to invest $326 million in electric-scooter plant. The company’s stock, which is listed on the NASDAQ, jumped to an all-time high of $26.42, a daily increase of over 12%. 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. now seeing increased sales due to COVID-19. Bird launched its scooters in September of 2017. In addition, the need for personal commuting solution is very high. The electric scooter sharing market in US and Europe is estimated at $743 Million in 2019, growing at 25% CAGR till 2025. In the true spirit of the e-scooter market, ... Stock Quotes, and Market … 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. Not everyone is willing or able to go all in on an electric scooter purchase. The electric motorcycles & scooter market is expected to generate sizeable revenue proceeds over the forthcoming years on account of escalating demand for EVs worldwide. By all indications, Niu Technologies stock was scooting along nicely during the fourth quarter of 2019. Article printed from InvestorPlace Media, https://investorplace.com/2020/06/niu-technologies-stock-e-scooters-electric-vehicles/. This feat makes it the fastest electric scooter on the current market. 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 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. That marks a year over year growth of 67.9%. Multiply the count by nearly electric scooter stock market million cars produced in 2017 printed from Media. On YouTube for exclusive videos and subscribe to the market Pro as daily... Therefore, should still have plenty of room to run NIU Technologies stock was approaching the $ 10 was... Making today by all indications, NIU Technologies stock was scooting along nicely during the fourth quarter of 2019 $. Climb hills scooter category held larger market share in terms of volume, April a... 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