On February 29th, Xiaoniu Electric, which is listed on NASDAQ, simultaneously released three new products: the "new generation performance flagship" electric motorcycle NX, the electric self NXT, and the "all scene intelligent driving off-road electric motorcycle X3.". In addition, members of the well-known domestic electronic warfare team JDG also served as guests and formed an alliance with Xiaoniu Electric to form the "League of Legends".
Xiaoniu Electric CEO Li Yan introduced that as the flagship new product of Xiaoniu Electric, NX and NXT have undergone significant optimization and reconstruction while retaining their classic exterior design. Among them, the safety and intelligent configurations of the NX have been comprehensively upgraded, while the NXT is equipped with high-performance motors and more lithium-ion energy storage. Both models are compatible with most intelligent ecosystems such as Apple and Huawei in the car infotainment system.
Xiaoniu Electric is also expanding into the younger market, exploring new high-end intelligent tracks for two wheeled electric vehicles, and innovatively launching the "All Scene Intelligent Driving Off Road Electric Motorcycle" X3. As an off-road product of Xiaoniu Electric under the full scenario travel strategy, X3 not only meets the performance requirements of professional users, but also takes into account the convenience of off-road operation for ordinary people, reducing the off-road threshold for users
Li Yan stated that since its establishment, Xiaoniu Electric has been promoting two rounds of high-end electric vehicles. In June 2015, Xiaoniu Electric officially released its first product N1, setting a crowdfunding record of 72 million yuan on JD.com. Since then, Xiaoniu Electric has continuously expanded its product layout and has achieved comprehensive coverage in segmented markets such as electric vehicles, electric light motorcycles, electric motorcycles, off-road electric motorcycles, electric scooters, and E-bikes, connecting all travel scenarios around the "two wheels".
According to the financial report, as of the third quarter of 2023, Xiaoniu Electric has sold over 4.1 million intelligent two wheeled electric vehicles worldwide, with 2834 brand experience stores and specialty stores in China, covering 241 cities; At the same time, we have entered 53 countries overseas and provided SaaS based intelligent sharing business solutions for two wheeled electric vehicles to multiple shared electric vehicle operators worldwide. At present, Xiaoniu Electric has over 6.5 million global users and a cumulative cycling mileage of over 21 billion kilometers.
Li Yan revealed that in the future, Xiaoniu Electric will focus on overseas markets such as Europe, the United States, and Southeast Asia, promoting categories such as electric motorcycles, scooters, and E-bikes in these markets. "Our scooters are selling well in Europe and the United States, with E-bikes mainly in the United States and more electric motorcycles in Europe. The newly launched X3 series is not only aimed at the Chinese market, but also at markets such as the United States and Europe, which are very large markets."