Chinese e-scooter maker Niu in talks to supply Indonesia’s Gojek in expansion bid Leave a comment

Chinese e-scooter maker Niu in talks to supply Indonesia’s Gojek in expansion bid

Niu Technologies, the Changzhou-based Chinese electric scooter maker, has been in an advanced stage talk to supply its e-scooters to Indonesian ride-sharing start-up Gojek in a bid to strengthen its footings in the South-east Asian ride-hailing market, the Chinese e-scooter manufacturer’s Chief Executive Li Yan said in an interview with a press agency later last week.

Apart from that, Li Yan, the CEO of six-year-old e-scooter maker Niu Technologies, a smaller rival of Honda and Yamaha, two of the largest electric two-wheeler players in the region, had also added that a roughly 95 per cent of its sales were made in China, while the Chinese e-scooter maker that purchases battery cells from Panasonic, Samsung SDI, Eve Energy and LG Chem, had already sent some scooters to Jakarta-based technology company Gojek for testing.

Niu looks to supply e-scooter to Gojek in global expansion bid

Aside from that, Niu Technologies Chief Li Yan was also quoted saying that the e-scooter maker had sold off 600,892 two-wheeler units across the globe last year, up about 43 per cent from a year earlier, nonetheless, a lion’s share of the sales had been made in 20 to 30 Chinese cities, added Li.

Meanwhile, as the e-scooter maker having had 1,600 shops in China and 100 stores overseas was looking to a mass-scale expansion, Li said in the interview published later last week, “We definitely want to grab market share globally.

But this depends on further drops in the cost of battery cells, which is helped by the scaling up of electric vehicles”. In factuality, founded as an Indonesian call-centre company back in the 2009s that connects e-scooter ride-hailing drivers and consumers, Gojek became a multi-service tech platform and digital payment group in Southeast Asia over the past decade.

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