NIU launches new lighter, stronger carbon fiber electric scooters
NIU, the Beijing-based power player in the electric scooter market, has just released a pair of new electric scooters. Unlike the moped-style rides that the company is most famous for, these are standing scooters. Meet the NIU KQi Air and KQi Air X.
Crafted of a carbon fiber frame, the KQi Air X tips the scales at just 25.8 lb (11.7 kg). For a ride that can hit 20 mph (32 km/h), that’s pretty impressive.
Or at least, it’s impressive for Americans. If you’re in Europe then you’ll have a lower 25 km/h speed limit. And if you’re in Germany, you’ve got a double foul with an even lower 20 km/h limit (that’s 12 mph in screamin’ eagle freedom units). Well, at least you can enjoy your extra long range!
The scooters have a maximum range of between 28-31 miles (45-50 km), depending which spec sheet or website page you believe. That’s thanks to the relatively large 451 Wh LG battery. But of course you’re only going to get that awesome range if you’re sticking to slower speeds. So ride like a German if you want to go far, apparently.
Both the KQi Air and KQi Air X have a 350W motor rated for 700W of peak power and can climb a maximum grade of 20%. They ride on 9.5×2.3″ tires, feature front disc brakes and rear regenerative braking, a half-twist throttle, and both front and rear LED lighting. The front headlight is NIU’s signature halo light, and there are also turn signals built into the handlebar ends.
The scooters feature “5 hour fast charging”, which sounds like an oxymoron to me.
“Hey Jimmy, can you come out and ride?”
“Sorry fellas, I’ll have to meet you in five hours when my fast charger is done.”
To be clear, there’s nothing wrong with a 5-hour recharge time. That’s pretty standard and most people simply charge overnight anyway. But let’s not play fast and loose with the word “fast”. Or “loose”, while we’re at it.
The NIU app, which works across NIU’s various models of standing scooters, seated scooters, bikes and motorcycles, allows riders to access features like NFC smart unlocking, ride stats, Bluetooth connectivity, over-the-air updates, and more. I use the NIU app for my own electric scooter (the seated variety) and it’s both slick and effective – not gimmicky.
As far as I can tell, the main difference between the two scooters unveiled today is that the non-X version is 0.4 pounds (180 grams) heavier, and also comes with a red or white on black colorway. The ever-so-slightly lighter KQi Air X benefits from an entirely carbon fiber frame (as opposed to a carbon and magnesium/aluminum frame), and comes in a gold on black colorway.
Oh, and there’s a price difference too. The KQi Air has an MSRP of US $1,399 while the KQi Air X comes in at US $1,799. It looks like there will be an early-bird promotion when pre-orders open on September 19, dropping the price to just US $949.
Electrek’s Take
Oh. My. God. A half-twist throttle! There’s a lot to like here but I’m nerding out over perhaps the simplest feature of the entire scooter. There are four main types of throttles out there in the scooter world (full-twist, half-twist, thumb, index finger), but there’s only one correct throttle: half-twist.
Half twist throttles are simply superior. They allow you to keep all five fingers securely wrapped around the handle bar, aren’t effected by rough terrain that would have your thumb bouncing up and down on a thumb throttle, and offer the most control (twisting the hand is a much finer motor skill than wagging a thumb). And unlike full-twist throttles, they don’t have the danger of accidentally catching the bar end on an obstacle and activating the throttle. This is a hill I’m prepared to die on, and so I’m glad to see a half-twist throttle here.
Much of the rest of the scooter is also impressive to me. I love the lightweight design, and anyone who regularly carries their scooter up more than two or three steps will appreciate.
The only downside is the price. You get a lot here (NIU’s app connectivity is second to none, in my opinion), but damn those are some expensive prices. Especially when you’re not getting any suspension either, you better really love the NIU ecosystem.
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The Stripe logo on a smartphone with U.S. dollar banknotes in the background.
Budrul Chukrut | SOPA Images | LightRocket via Getty Images
Stripe cut 300 jobs, representing about 3.5% of its workforce, mostly in product, engineering and operations, CNBC has confirmed.
The payments company, valued at about $70 billion in the private markets, still expects to increase headcount by 10,000 by the end of the year, which would be a 17% increase, and is “not slowing down hiring,” according to a memo to staff from Chief People Office Rob McIntosh. Business Insider reported earlier on the cuts and the memo.
A Stripe spokesperson also confirmed to CNBC that a cartoon image of a duck with text that read, “US-Non-California Duck,” was accidentally attached as a PDF to emails sent to some of the employees who were laid off. Some of the emails mistakenly provided affected employees with an incorrect termination date, the spokesperson said.
McIntosh sent a follow-up email to staffers apologizing for the “notification error” and “any confusion it caused.”
“Corrected and full notifications have since been sent to all impacted Stripes,” he wrote.
In 2022, Stripe cut roughly 1,100 jobs, or 14% of its workers, downsizing alongside most of the tech industry, as soaring inflation and rising interest rates forced companies to focus on profits over growth. The Information reported that Stripe had a few dozen layoffs in its recruiting department in 2023.
Stripe’s valuation sank from a peak of $95 billion in 2021 to $50 billion in 2023, before reportedly rebounding to $70 billion last year as part of a secondary share sale. The company ranked third on last year’s CNBC Disruptor 50 list.
In October, Stripe agreed to pay $1.1 billion for crypto startup Bridge Network, whose technology is focused on making it easy for businesses to transact using digital currencies.
Brothers Patrick and John Collison, who founded Stripe in 2010, have intentionally steered clear of the public markets and have given no indication that an offering is on the near-term horizon. Total payment volume at the company surpassed $1 trillion in 2023.
WATCH: Early Bridge investor weighs in on $1.1 billion Stripe deal
Thinking about upgrading your EV? Rivian (RIVN) launched a new promo on Tuesday, offering up to $6,000 to upgrade your R1S or R1T. Here’s how you can snag some savings.
Rivian R1S and R1T upgrade deal offers up to $6,000
Rivian delivered over 51,500 vehicles last year as the EV maker gains momentum. Although it was only slightly higher than the ~50,100 delivered in 2023, Rivian is expected to see even more growth this year.
After shutting down its Normal, IL manufacturing plant last April and renegotiating supplier contracts, Rivian has seen “significant cost improvements,” according to CEO RJ Scaringe.
Rivian also began delivering its next-gen R1S and R1T models last year. The new Large and Max battery packs have redesigned modules and more efficient packaging, “making them easier to manufacture and service.” For example, Rivian’s new EVs use seven ECUs, down from 17 in the first-generation R1T and R1S.
With new plant upgrades, reworked supplier contracts, and more efficient vehicles, Rivian is now passing the savings on to customers.
Rivian introduced a new promo on Tuesday, offering up to $6,000 to upgrade your R1T or R1S. The bonus amount varies by trim:
- Tri with Max battery: $6,000 USD / CAD 8,600
- Dual with Max battery and Performance upgrade: $4,500 USD / CAD 6,500
- Dual with Max battery: $3,000 USD / CAD 4,300
The offer is for current R1T or R1S owners or lessees in the US and Canada. Rivian launched the new promo on January 21, and it runs through March 31, 2025.
After you purchase or lease a qualifying vehicle, Rivian will apply a discount toward the MSRP. You must take delivery by March 31, 2025. In the fine print, Rivian stated, “You must request a trade-in estimate to qualify for this offer, but trade-in of a vehicle is not required.”
Any other models are excluded from the offer. These include Dual Standard configurations, Dual with Large battery configurations, custom builds, demo vehicles, and pre-owned vehicles.
The new offer follows Rivian’s previous upgrade promo introduced last October, giving qualifying gas-powered vehicle owners or lessees up to $3,000.
Check out the Rivian R1 Shop to view eligible models. You can see eligible Rivian R1S here and R1T models here.
Electrek’s Take
Rivian’s R1S was already the tenth best-selling electric vehicle in the US last year, with nearly 27,000 models sold. With more driving range and power at a lower cost, the electric SUV could see even more demand in 2025.
Then again, with the arrival of new luxury electric SUVs, like the Jeep Wagoneer S and Volvo EX90, Rivian will face more competition in the US.
Rivian’s latest promo comes as the Company looks to carry the momentum from the end of 2024 into the new year. The EV maker is offering other deals, including 1.99% APR for 60 months on the R1 Dual with a Max Battery and Performance upgrade.
Even if you are not eligible for the promo, we can still help you find deals on Rivian’s electric SUV in your area. You can use our links below to view offers on the Rivian R1S and R1T near you today.
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