Segway-Ninebot (九号公司) sold an aggregate 1.5 million scooters at home as of March 2023, according to the Chinese supplier of short-distance mobility tools and robots.
In a public statement, the Beijing-based company said it sold more than 100,000 scooters in 2010, the first year it launched the product line in the domestic market.
Sales surged around 300% year on year to 420,000 units nationwide in 2021. The aggregate shipment of Ninebot scooters in the Chinese market crossed the 1 million mark by August 2022.
Ninebot released C, B, E, F and M series of scooters over the past three years.
To date, the company, which renamed itself after buying its US rival Segway in 2015 for an undisclosed amount, has acquired a cumulative user base of 10.6 million, with registered app users topping 10 million.
The company also stated that its second-phase scooter plant in Changzhou of eastern China’s Jiangsu Province began production in October 2022, with the total capacity to reach 2 million units in 2023.
Meanwhile, construction on the third-phase of the project is already underway and expected to churn out 3 million scooters by the end of 2024.
Currently, its Changzhou factory — another in the southern manufacturing hub Shenzhen — has covered 220,000 sqm of land and added continuously to the firm’s production capabilities.
After the third-phase construction is over, Segway-Ninebot will record annual revenue of around 10 billion yuan (US$1.45 billion), the firm noted.
In addition to scooter, the manufacturer of motorized transport devices is also present in categories ranging from two-wheeled self-balancing personal transporter and electric kick scooter, from full-terrain vehicle to delivery robot.