Niu Technologies has launched a direct-to-consumer sales platform for its XQi3 all-electric dirt bikes, allowing American consumers to buy the vehicles online with options for financing, registration, and delivery.
The platform connects with over 100 Niu dealers across the US, aiming to increase dealer reach and improve consumer access to Niu’s electric vehicles.
The launch follows recent updates to the XQi3 lineup, including price cuts and over-the-air software updates, and reflects a trend towards increased accessibility and convenience in the electric vehicle market.
Niu’s stock rose around 8% initially but settled to a 2% gain following the announcement.
Generated by Yahoo Finance AI
Was this helpful?
Niu Technologies ( NIU , Financials ), listed on Nasdaq, has launched a nationwide direct-to-consumer sales platform for its XQi3 all-electric dirt bikes. As a result of the news, shares of the EV player rose around 8% but shares settled, and, on last look, the stock is up around 2%. Warning! GuruFocus has detected 2 Warning Signs with NIU. With choices for financing, registration, and delivery, the portal lets American consumers buy the XQi3 Wild and XQi3 Street models straight online, thereby simplifying the purchasing procedure.Features including real-time titling, registration, and Manufacturer’s Certificate of Origin issuing help users of the Niu Moto Sales Platform shop, finance, and finish their transactions online. Once bought, the dirt motorcycles are sent to local dealers or consumers for final assembly.The portal connects with Niu’s more than 100 dealers all over, including flagship stores in Miami and San Diego. […]
Continue reading the original article at: finance.yahoo.com