Recently, the world's top investment bank Credit Suisse (hereinafter referred to as "Credit Suisse") issued a research report, it is expected that Maverick Electric (NASDAQ: NIU) will achieve substantial profits in 2019, with a net profit of RMB 167 million and a $14 The target price is 72% higher than the current share price. In addition, Credit Suisse predicts that the compound growth rate of China's lithium-ion two-wheeled electric vehicle market is expected to reach 140% in 2018-2020.
In order to standardize market management, relevant departments have guided and revised the "Technical Specifications for Electric Bicycles". The new national standard will be officially implemented on April 15, 2019, which means that the domestic two-wheeled electric vehicle industry will usher in a new era. There will also be huge challenges for domestic enterprises.