OEM

Articles, guides, and products tagged "OEM" — a combined view of every catalogue resource on this topic.

History of electric scooters

Minimotors and the birth of the hyperscooter class: from Goped distributor in Busan to OEM foundation of the performance segment (1999–2026)

A dedicated historical profile of the South Korean company Minimotors — founded in 1999 in Busan as a motor-boards distributor, becoming the Korean exclusive partner of the American brand Goped in 2006 (and launching Silverwing, an electric scooter for seniors), incorporated in 2010 with HQ moved to Ilsan (Gyeonggi-do), launching the Speedway sub-brand in 2014, creating the Dualtron MX and EX in September 2015 — the world's first production dual-hub-motor AWD electric scooter, breaking out the Dualtron Ultra line as the first hyperscooter in 2017, pushing the platform to 5.4 kW with Thunder in 2018, releasing the Eagle Pro with a 3.6 kW twin-motor pair in November 2019, simultaneously launching Storm Limited (84 V × 45 Ah, 74.5 mph), X Limited (12 kW peak, 5,040 Wh, 65+ mph) and Thunder 2 (10 kW peak) in 2021, moving the platform to the EY4 LCD with IPX7 and adding a swappable battery in the Storm UP in 2024, and closing the cycle in 2025 with Thunder 3 (62+ mph, 100-mile range, IPX5, NUTT 4-piston). The profile is the logical counterpart to Segway-Ninebot: one OEM foundation of the consumer/sharing class, the other of the performance/enthusiast class. The role of the EY3 and EY4 controller-displays is laid out as an industry reference (Kaabo Wolf Warrior 11 borrows EY3 from Thunder), alongside coexistence with the Speedway/Rovoron/Kullter/Futecher sub-brands, relationships with the Weped spin-off (CEO Sang Wook Jeon, 2014) and the Chinese Kaabo (Zhejiang Kaabo Electronic Technology, 2013), the distributor-network architecture (Minimotors USA, VORO Motors as the international distributor from Singapore, Dualtron Nordic, Dualtron UK, Fortunati in Italy, Smartwheel in Canada), and the effect of the 5 November 2019 Singapore PMD ban on regional demand.

13 min read

History of electric scooters

Segway-Ninebot: from inventing personal mobility to the OEM foundation of the electric scooter industry (1999–2026)

A standalone historical profile of the company without which the modern consumer and sharing class of electric scooters does not exist: Dean Kamen's Segway Inc. (founded 1999 in Bedford, New Hampshire; Segway PT launch on 3 December 2001 on Good Morning America; commercial failure — 140,000 units across 19 years against a 40,000-per-year target; end of PT production on 15 July 2020), Ninebot Inc. (founded 2012 in Beijing by Wang Ye and Gao Lufeng from Beihang University, pivot from police robots to self-balancing mobility, USITC complaint filed by Segway against Ninebot in September 2014), the merger of 15 April 2015 ($75M acquisition of Segway financed by an $80M round from Xiaomi / Sequoia / Shunwei / WestSummit), consolidation under the Segway-Ninebot brand with HQ in Beijing and manufacturing in Changzhou and Shenzhen, the role as OEM foundation of Xiaomi M365 (December 2016) and the sharing fleet's first years — Bird (September 2017 on M365) / Lime (February 2018 on Ninebot ES2) / Spin, the in-house KickScooter retail line (ES1/ES2/ES4 late 2017, Max G30 August 2019, F-series November 2021, GT-series 2022 with GT2 SuperScooter 6,000 W peak / 70 km/h), the Nasdaq STAR Market IPO of 29 October 2020 (ticker 689009, CDR structure, ~$7.5B valuation), the launch of Segway Powersports at EICMA 2019 (Snarler ATV, Fugleman and Villain UTV), Navimow robotic lawnmower from 2022, the diversification and completion of 'de-Xiaomi-isation' in 2024 (Xiaomi stake below 5%), the recall of 220,000 Max G30P/G30LP units on 20 March 2025 for a folding-mechanism defect, the 14.196 billion yuan annual revenue in 2024 (+38.87% YoY), cumulative sales of 13+ million eKickScooters and ~80% of the global sharing fleet — and why a single company unifies all the previous five profiles (Razor / Micro / Bird / Lime / Xiaomi M365) as their shared engineering and manufacturing denominator.

13 min read