Segway-Ninebot Concludes License Agreement with BMW Group with the Aim of Developing a New Safety E-Scooter

CHANGZHOU, China, Nov. 21, 2024 /PRNewswire/ -- Nine Tech Co., Ltd. has signed a license agreement with the BMW Group, under which Nine Tech's electric two-wheeler business unit receives the rights to use certain patents on safety technology developed by the BMW Group for two-wheelers. Nine Tech is a subsidiary of Segway-Ninebot, a leading provider of innovative mobility solutions with product portfolio covering electric kick-scooters, electric two-wheeler, all-terrain-vehicles (ATV), self-balancing vehicles, robotics, and other mobility and lifestyle products under the brands of Ninebot and Segway.

Based on this license, Nine Tech Co., Ltd. plans to develop and produce its own innovative electric two-wheelers with special safety features. With this product, Nine Tech Co., Ltd. is opening up a new product segment with high global market potential.