【CNMO News】January 5 news, a few days ago, Beijing Niudian Technology Co., Ltd. (hereinafter referred to as "Maverick Electric") announced the sales volume in the fourth quarter of 2021. In the fourth quarter of 2021, Maverick Electric sold 238,000 electric scooters, up 58.3% year-on-year. Sales in the Chinese market were 205,000 units, up 49.2% year-on-year, while sales in the international market were 32,900 units, up 155.8% year-on-year.
Maverick electric
The growth in the Chinese market was mainly driven by the expansion of the retail network. In the fourth quarter of 2021, Maverick Electric added 422 new stores in China. By the end of the year, Maverick Electric had 3108 stores in China.
The growth of the international market is mainly driven by strong demand for new electric motorcycles and electric scooters. In the fourth quarter of 2021, the sales volume of electric motorcycles and electric mopeds in the international market was 17,905 units, an increase of 39.2% year-on-year. In addition, the company delivered 14,916 scooters to Europe and the United States in the fourth quarter of 2021.
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