NIU Niu Technologies ADS (N Shares)

NIU Technologies Unveils Major Over-the-Air Update and Price Drop for XQi3 Wild Electric Off-Road Dirt Bike at EICMA 2024

NIU Technologies Unveils Major Over-the-Air Update and Price Drop for XQi3 Wild Electric Off-Road Dirt Bike at EICMA 2024

MILAN, Nov. 05, 2024 (GLOBE NEWSWIRE) -- (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, is set to revolutionize the dirt bike segment with the announcement of a powerful over-the-air (OTA) software update for the XQi3 electric dirt bike at this year's EICMA event in Milan. This update will significantly enhance the bike’s performance, making it a more formidable force on challenging terrains. The OTA update will be available immediately for the XQi3 Wild off-road dirt bike, and available in the coming weeks for the XQi3 Street version in the US and EU.

The OTA update boosts the XQi3's total power output to an impressive 10.6 kW, improving top speed, acceleration, and overall ride dynamics. Riders will experience quicker 0-30 mph and 0-50 mph times, with top speed increasing from 47 mph to 50 mph. Thanks to an increase in continuous power output by 28% and “Boost Mode” power output by 36%, riders will reach the previous top speed of 47 mph more than two seconds faster than before.

In addition to higher power output, the XQi3 benefits from improved low- to mid-range torque, delivering a more responsive and exhilarating riding experience. This enhancement ensures the bike excels not only on straightaways but also on rugged, unpredictable terrains. While the update for the off-road version will happen automatically through the NIU app, customers with the street-legal version can choose to update at their own discretion depending on their state’s legality requirements. Customers also have the ability to toggle back and forth between the updated version and standard to enjoy the benefits of the update while they’re off-road and also meet legal requirements when riding on street.

“NIU is setting a new standard in two-wheeled electric mobility as one of the first manufacturers to significantly enhance our existing vehicles through advanced software updates," said Benjamin McGill, Director of North America at NIU Technologies. "We’ve listened to our riders and made an update which marks a significant leap in power and performance. Instead of requiring our users to invest thousands of dollars in aftermarket components, we’re providing these enhancements at no cost.”

To make the XQi3 even more accessible, NIU has also announced a price drop. Both the XQi3 Wild and Street will now retail at $3,999, reduced from an original price of $4,999, making it a highly competitive option in the dirt bike market.

Key Highlights of the XQi3 OTA Update:

Max Power Increase: From 8 kW to 10.6 kW

Continuous Power Output: Increased by 28%

Boost Mode Power Output: Increased by 36%

Top Speed Increase: From 47 mph to 50 mph

Acceleration Improvement: Reaching 47 mph over 2 seconds faster

NIU continues to push the boundaries of electric mobility with the XQi3, now offering riders an unmatched blend of power, speed and affordability.

About NIU Technologies:

As a global leader in electric two-wheeled vehicles, NIU's mission is to redefine urban mobility and make life better. Available in 52 countries and listed on Nasdaq, NIU has sold over 4,600,000 electric vehicles since launching its first electric scooter in 2015. Designing and manufacturing high-performance electric motorcycles, mopeds, bicycles, and scooters, as of October 2024, NIU's loyal users and fans have traveled over 25 billion kilometers worldwide.

For more information about the company, please visit .

Media Contact

Malory Van Guilder

Skyya PR for NIU



EN
05/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Niu Technologies ADS (N Shares)

 PRESS RELEASE

Niu Technologies Announces Unaudited Second Quarter 2025 Financial Res...

Niu Technologies Announces Unaudited Second Quarter 2025 Financial Results -- Second Quarter Revenues of RMB 1,255.7 million, increase 33.5% year over year -- Second Quarter Net Income of RMB 5.9 million, compared to net loss of RMB 24.9 million in the same period of last year BEIJING, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its unaudited financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial Hig...

 PRESS RELEASE

Niu Technologies to Report Second Quarter 2025 Financial Results on Au...

Niu Technologies to Report Second Quarter 2025 Financial Results on August 11, 2025 BEIJING, July 14, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced that it will report its financial results for the second quarter 2025 before the U.S. market opens on Monday, August 11, 2025. The corporate presentation and financial spreadsheets will be posted on NIU’s investor relations website at: The Company will host an earnings conference call on Monday, August 11, 2025 at 8:00 AM U.S. ...

 PRESS RELEASE

Niu Technologies Provides Second Quarter 2025 Sales Volume Update

Niu Technologies Provides Second Quarter 2025 Sales Volume Update BEIJING, July 04, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today provided its sales volume results for the second quarter of 2025.  2Q 2025 2Q 2024 1H 2025 1H 2024China Market318,719 207,552 501,784 317,667International Markets31,371 48,610 51,619 67,634Total350,090 256,162 553,403 385,301 In the second quarter of 2025, NIU sold 350,090 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. Sal...

 PRESS RELEASE

Niu Technologies Announces Unaudited First Quarter 2025 Financial Resu...

Niu Technologies Announces Unaudited First Quarter 2025 Financial Results -- First Quarter Revenues of RMB 682.0 million, increase 35.1% year over year -- First Quarter Net Loss of RMB 38.8 million, compared to net loss of RMB 54.8 million in the same period of last year BEIJING, May 19, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Revenues were RMB 682.0...

 PRESS RELEASE

NIU Unveils Latest Electric Scooter Lineup with Enhanced Power and Ext...

NIU Unveils Latest Electric Scooter Lineup with Enhanced Power and Extended Range for Urban Mobility KQi 200P delivers power and stability at $649 MSRP, now available online and at select Best Buy locationsKQi 200F combines portability and convenience with a foldable design available exclusively online at $699 MSRP LOS ANGELES, April 28, 2025 (GLOBE NEWSWIRE) -- (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced the launch of the KQi 200 Series, two new electric scooters designed to deliver premium performance and c...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch