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NIU Announces Huge 2024 Holiday Deals on Electric 2-Wheeled Vehicles

(Very Positive)
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NIU Technologies (NASDAQ: NIU) announced major holiday discounts for its electric vehicles, offering up to 60% off on select models from November 1, 2024, through January 15, 2025. The sale includes significant price reductions across their e-scooter and e-bike lineup, available through major retailers including Best Buy, Amazon, Target, and Walmart. Notable deals include the KQi1 Pro at $199.98 (60% off), KQi Air at $949 (41% off), and BQi-C3 Pro e-bike at $1,249 (43% off). The company's new 100 Series kick scooters will be on sale for the first time since their September launch.

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Positive

  • Aggressive discounting strategy with up to 60% off could drive significant sales volume
  • Wide distribution through major retail partners increases market reach
  • First-time discounts on new 100 Series products could accelerate market adoption

Negative

  • Deep discounts of up to 60% may significantly impact profit margins
  • Extended holiday sale period (over 2 months) suggests potential inventory clearance needs

News Market Reaction – NIU

+0.43%
+0.43% Session move

In the trading session that priced this news, NIU gained 0.43%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• Starting today, NIU’s top-rated electric two-wheeled vehicles will be up to 60% off

• Products will be available online and in store at major retailers including Best Buy, Amazon, Target, Walmart and more

• The all new 100 Series kick scooters will be on sale for the first time since the initial launch in September

LOS ANGELES, Nov. 01, 2024 (GLOBE NEWSWIRE) --  Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its holiday deals for the 2024 season, offering customers an opportunity to purchase top-rated e-scooters, e-bikes and more at a fraction of the price. Designed with ‘Mobility for All’ in mind, the deals provide significant discounts across NIU’s high-performance vehicle lineup to encourage eco-friendly transportation options for riders of all ages.

The sales will begin on November 1 and continue through the new year, with discounts available online and at participating retailers nationwide. Shoppers can save up to 60% on select models including the new already affordable KQi 100 Series of electric kick scooters and the rugged luxury KQi 300X and KQi 300P scooters. NIU is making sustainable transportation more affordable and accessible for all this holiday season.

Holiday Deal Highlights:

Sale Date: November 1 - January 15, 2025

Shoppers can experience the new 100 Series electric kick scooters that blend affordability, quality and technology into one for an extended holiday sale.

  • KQi 100P: MSRP: $349.00, Sale: $249.98 (28% off); available at Kohl’s, select Walmart locations and Bestbuy.com.
  • KQi 100F: MSRP: $449.00, Sale: $349.98 (22% off); available at Best Buy

Sale Date: November 29 - December 26, 2024

Customers can also enjoy sales from NIU’s industry leading lineup of electric scooters and bikes for a limited time during the prime holiday season.

Electric Scooters

  • KQi1 Pro: MSRP: $499.00, Sale: $199.98 (60% off); available at Walmart.com
  • KQi Air: MSRP: $1,599.00, Sale: $949 (41% off); available at Walmart.com
  • KQi Youth: MSRP: $299.00, Sale: $179.98 (40% off); available at bestbuy.com and Amazon
  • KQi 300X: MSRP: $1,299.00, Sale: $799.98 (38% off); available at bestbuy.com and select Best Buy locations
  • KQi 300P: MSRP: $949.00, Sale: $649.98 (32% off); available at bestbuy.com and Best Buy
  • KQi2 Pro: MSRP: $649.00, Sale: $449.98 (31% off); available at bestbuy.com and Amazon
  • KQi Air X: MSRP: $1,999.00, Sale: $1,399 (30% off); available on Amazon
  • KQi3 Pro: MSRP: $799.00, Sale: $599.98 (25% off); available on Amazon
  • KQi3 Sport: MSRP: $699.00, Sale: $549.98 (21% off); available on Amazon

Electric Bikes

  • BQi-C3 Pro: MSRP: $2,199.00, Sale: $1,249.00 (43% off); available at Best Buy
  • Bqi-FT 300: MSRP: $1,499.00, Sale: $1,299.00 (13% off); available at Best Buy

Customers can explore NIU’s holiday specials online at NIU.com or at participating retail locations nationwide.

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 https://global.niu.com.

Media Contact

Malory Van Guilder

Skyya PR for NIU

niu@skyya.com


FAQ

What is the biggest discount offered in NIU's 2024 holiday sale?

The biggest discount is 60% off on the KQi1 Pro electric scooter, reducing its price from $499.00 to $199.98 at Walmart.com.

How long will NIU's 2024 holiday sale last?

The main sale period runs from November 29 to December 26, 2024, with some models on sale from November 1, 2024, through January 15, 2025.

What is the lowest-priced NIU electric vehicle during the 2024 holiday sale?

The KQi Youth is the lowest-priced model at $179.98 (40% off MSRP of $299.00), available at Best Buy and Amazon.

Which retailers are participating in NIU's 2024 holiday sale?

The sale is available at major retailers including Best Buy, Amazon, Target, Walmart, and Kohl's, as well as on NIU.com.