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China’s largest electric scooter maker Niu files for $150 million IPO in the US

While electric scooters (Vespa-style, not Razor-style) are not very widespread yet in the US, they are quickly becoming the most common form of transportation in Chinese cities. This is largely due to environmentally sustainable government policies which make gas-powered motorcycles and scooters either illegal or impractically expensive in Chinese cities.

Niu, the self proclaimed “largest lithium-ion battery-powered e-scooter company in China” has now taken one more step towards growing their electric scooter empire by filing for an IPO in the US.

More electrek.co/2018/09/25/chinas-electric-scooter-files-ipo/

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