BRIEF: Niu’s second-quarter sales rise 36.6%

Electric scooter manufacturer Niu Technologies  (NIU.US) announced last Friday that it sold 350,090 e-motorcycles, e-mopeds, kick-scooters and e-bikes in the second quarter, up 36.6% from 256,200 units in the same period…

BRIEF: Neta parent Hozon starts bankruptcy restructuring

Hozon New Energy, has officially entered bankruptcy restructuring, reflecting troubles at its struggling Neta Auto electric vehicle (EV) brand. On June 13, the National Enterprise Bankruptcy Information Disclosure Platform revealed…