Recently, Niutron, a startup focusing on electric cars and range-extending vehicles, unveiled its plan to launch the first model a large-sized five-seat SUV with two powertrain options in 2022. Its founder Li Yinan, also the founder of US-listed electric scooter maker Niu Technologies, stated that Niutron will start to take orders for the first model in the first half of 2022 and deliver them from September in the same year. Headquartered in Beijing, Niutron has a plant in the Jintan district of Changzhou. The plant is scheduled to start operation in March 2022 with an annual capacity of 180,000 units. Before Niutron, Li founded Niu Technologies in 2015, which soon became a dark horse in the two-wheeled electric scooter industry. It was listed in the US in 2019 and is now worth about $1.3 billion.
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