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Segway-Ninebot enters into licensing agreement with BMW Group to develop new safe e-scooter

Segway-Ninebot enters into licensing agreement with BMW Group to develop new safe e-scooter

Financial news

CHANGZHOU, China, Nov. 20, 2024 /PRNewswire/ — Nine Tech Co., Ltd. has signed a licensing agreement with the BMW Group that gives Nine Tech’s electric two-wheeler division the rights to use certain safety patents. technology developed by the BMW Group for two-wheelers. Nine Tech is a subsidiary of Segway-Ninebot, a leading provider of innovative mobility solutions whose product portfolio includes electric scooters, electric two-wheelers, all-terrain vehicles (ATVs), self-balancing vehicles, robotics and other mobility products. and lifestyle products under the Ninebot and Segway brands.

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. opens a new product segment with high global market potential.

Sision View original content: https://www.prnewswire.co.uk/news-releases/segway-ninebot-concludes-license-agreement-with-bmw-group-with-the-aim-of-developing-a-new- safety-e-scooter-302311895.html