Niu Technologies reports strong electric scooter sales, strong growth in revenue in it’s Q4 and 2019 financial report

NIU designs, manufactures and sells electric bicycles, motorcycles, and scooters aimed at the urban mobility market.

NIU reports »

— Fourth Quarter Total volume of e-scooter sales up 13.5% year over year

— Fourth Quarter Revenues of RMB 536.1 million, up 25.4% year over year

— Fourth Quarter Net income of RMB 60.7 million, compared to net loss of RMB 32.0 million in the fourth quarter of last year

— Full Year Total volume of e-scooter sales up 24.1% year over year

— Full Year Revenues of RMB 2,076.3 million, up 40.5% year over year

— Full Year Net income of RMB 190.1 million, compared to net loss of RMB 349.0 million in 2018

More » NIU Press Release

APEX Motors unveiled the all-electric AP-0 Super Sports EV Concept race track car

Apex AP-0

Apex AP-0

Chris Randall, electrive »

The British sports car brand Apex Motors has introduced a purely electrically powered sports car called AP-0. The car is scheduled to go into production at the end of 2022 and will be offered at prices starting at 150,000 pounds (plus tax). Down payments are already accepted.

Apex speaks of the AP-0 as an electric sports car inspired by racing and approved for road use. The rear-mounted electric motor produces 484 kW and accelerates the AP-0 from 0 to 100 km/h in 2.3 seconds. The top speed is stated as 306 km/h. In contrast to many of the electric sports cars presented so far, such as the Pininfarina Battista, Lotus Evija or the Rimac C_Two, the AP-0 will only have one engine.

A battery pack with 90 kWh energy content will provide energy storage, which should enable a WLTP range of 515 kilometres. Using CCS, it should be possible to charge the battery to 80 per cent in less than 15 minutes. If the 90 kWh energy content of the battery is the usable net value, this would correspond to an average charging capacity of 288 kW. A full charge with alternating current should take eight hours. If the 90 kWh is also taken as a basis here, this results in an AC charging capacity of exactly 11 kW.

Video introduction »

More » Apex Motors, Motor Authority

 

 

London black cab becomes plug-in hybrid delivery van in Europe

LEVC VN5

LEVC VN5

 Ronan Glon, Autoblog »

LEVC, the company that manufactures London’s emblematic taxi, detailed a plug-in hybrid delivery van that shares many components with its existing people-mover. Called VN5, the model will enter production in late 2020.

It’s all in the name: VN stands for van, and 5 denotes the five-cubic-meter (176-cubic-foot) cargo capacity. The VN5 and the TX taxi share headlights, a front bumper, a grille, a hood, and fenders, so the family resemblance is unmistakable, but the former wears a longer, boxier body that’s better suited to delivery duty. It was developed to compete in the same congested segment as the Mercedes-Benz Metris and the Volkswagen Transporter.

Although full technical specifications remain under wraps, the fact that the VN5 shares its mechanical components with the TX suggests it’s fitted with a plug-in hybrid powertrain that consists of a turbocharged, 1.5-liter three-cylinder borrowed from Volvo and set up as a range extender. It sends the electricity it generates to a 33-kilowatt-hour lithium-ion battery pack that in turn zaps a 110-kilowatt motor into motion. The VN5 is capable of driving for up to 63 miles on electricity alone, a figure that will allow owners to avoid paying to drive into London’s emissions-free zone, and its total driving range with a full charge and a full tank checks in at 301 miles.

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Ontario-based Kovatera introduces an electric under ground vehicle

Sudbury, Ontario-based Kovatera has responded to an increased demand for electric underground vehicle.

The KT200e offers a range of configurations to meet customer specifications, from personnel carriers to specific job applications such as scissor lifts, aerial booms and other attachments that can be bolted to the chassis.

“A major consideration was to ensure that this electric vehicle’s capability matches the requirements of the customer’s needs. A major feature of our battery options is to fit vehicles with a standard 44kWh battery,” said general manager Will Gove.

Kovatera also offers customers of their UT99 diesel-powered models a retrofit kit that converts them to electric power.

Kovatera, a Canadian mining utility vehicle manufacturer, was formally known as Minecat.

More » Mining Magazine