On the morning of December 10, NIU Technologies (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, has recently put into operation the newly built global R&D and manufacturing facility in in Wujin, Changzhou.

The new facility covers about 75 acres and has a designed capacity of 1 million units of smart e-scooters per year. Currently, NIU has installed four semi-automatic assembly lines, one highly efficient double-decker logistics facility, a products showroom and a dedicated quality control laboratory in the new factory. The quality control laboratory is equipped with full-automatic and semi-automatic instruments for components testing, as well as self-developed inspection systems for battery cell quality testing.

Jiangsu Niu Electric Technology Co., Ltd. (NIU Technologies), founded in 2014, is committed to continuously providing global customers with convenient and environmental friendly smart urban mobility solutions. As the first lifestyle brand in the Chinese urban mobility market, NIU has a streamlined portfolio of products that address the needs of different segments of the modern urban resident, while being united through a common design language that emphasizes style, freedom and technology.

“After we put this new facility into operation, NIU’s annual capacity expanded from the existing 380,000 units to above one million units. We are very excited about the growth perspective of our business as we continued to enrich our product portfolio,� commented Dr. Li Yan, NIU Technologies� CEO. In November 2019, NIU launched the first model of power-assisted electric bicycle, NIU Aero EB-01, together with three upgraded models of e-scooters designed for overseas markets. In January 2020, NIU will attend the CES to launch two brand new series of products.