That scooter company is fantastic. People forget the business model of electric scooters is powerful. Unlike cars, when a motorcycle gets in an accident usually the bike is written off instantly and needs fully replaced. Accidents on scooters are ubiquitous unlike the safety offered by cars. Niu users are subscribed to the niu charging app so likely buy another niu. Then the factories that build them, it doesn't burn a lot of capital to build a scooter. I mean you can build one on your kitchen table. Unlike cars which require massive robot rigs, and massive r&d ...and exporting scooters is cheap, you can fill a whole container with 300 scooters boxed up. Unlike exporting cars, you only get maybe two in a container. Treasure your NIU shares, eventually the rest of the market will catch up with your thinking you will do well with them. It's a great company$XPeng Inc.(XPEV)$
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