electric vehicle sub‑niches
NIU vs Vespa: Is Electric Scooter Market a Myth?
NIU vs Vespa: Is Electric Scooter Market a Myth? The global electric scooter market grew from $18.0 B in 2024 to $24.2 B in 2025, a 33% compound annual growth rate, and the market is far from a myth - NIU’s low-cost, high-efficiency models are thriving while