(NASDAQ: NIU) NIU was established in 2014 and has since then been providing a range of smart electric transport solutions for improving the quality of life and the environment. The Chinese company operates in over 50 countries offering a wide selection of products and categories: Electric motorcycles, electric scooters and electric bicycles. The vehicles are G5-based and are supported by an advanced app, which displays the vehicle’s real-time location, provides an alarm in case of theft, diagnostics, OTA (Over the Air) troubleshooting etc. Additionally, NIU supports individually-customized cloud-based smart fleet management for businesses and shared transport companies in Israel and worldwide.
The connection between NIU and Mayer facilitates the deployment of a nationwide service and distribution network through the Mayer Group’s certified service centers and authorized dealers, while providing an excellent complementary electric urban transport solution for urban transport institutions and organizations, supported by solutions for financing, trade-in etc.