China's Ninebot Unveils Scooters that Drive Themselves to Charging Stations

China's Ninebot Unveils Scooters that Drive Themselves to Charging Stations

Segway-Ninebot Group, a Beijing-based electric scooter maker, "unveiled a scooter that can return itself to charging stations without a driver, a potential boon for the burgeoning scooter-sharing industry.

Key findings

Formed by the 2015 combination of China’s Ninebot and U.S. transportation pioneer Segway, the company has quietly become the largest supplier for scooter-sharing companies such as Bird and Lime.

Segway-Ninebot Group sold 1.6 million scooters in 2018, according to a prospectus filed in April.

The new scooters will be priced at close to 10,000 yuan (£1,169), more than the company’s traditional scooters, which it sells to scooter companies for $100-$300 (82-247 pounds).

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