The German carmaker, Volkswagen AG, headquartered in Wolfsburg had been planning to join troops with NIU, China's No. 1 electric scooter maker, in order to produce battery-powered kick scooters, a German Newspaper, Die Welt’s report had revealed on Monday, the 6th of May 2019.
Nevertheless, the German Newspaper, Die Welt, first public media to unveil the news, had not disclosed the whereabouts of the sources, since the sources had intended to remain anonymous, as cited in the German Newspaper report.
According to the Monday’s (May 6th) Die Welt report, the NIU, headquartered in Changzhou, China, an e-vehicle start-up would tie up with the world’s largest automaker by global sales in 2016, 2017 and 2018, to build a particular Streetmate model.
Besides, the sources had also revealed that the Streetmate e-scooter of Volkswagen-NIU merger would have a top speed of 45 kilometers per hour and the electric scooter would have a range of 60 kilometers per charge, the report said.
Apart from that, the report had also added that the model could emerge into the Chinese market by the end of this year, while neither NIU nor Volkswagen officials were immediately available for comments on the potential merger.