Niu Technologies: A High-Growth EV Play
Niu(NIU) Seeking Alpha·2024-03-25 08:34
geogif/iStock Editorial via Getty Images Investment Thesis Niu Technologies (NASDAQ:NIU) is reaching all-time lows despite several growth engines that will likely increase revenues going forward. Their focus on electric scooters is unique and they have a large addressable market to tap into. While most of the market is infatuated with electric cars manufacturers like Tesla (TSLA) and BYD (OTCPK:BYDDY), I think NIU is overlooked. Nevertheless, I believe the market has forgotten about Niu Technologies as ...