Niu's CEO Says Pandemic Accelerating Electric Scooter Growth

Niu's CEO Says Pandemic Accelerating Electric Scooter Growth

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Business, Social Studies

University

Hard

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Yo Technologies, a Chinese electric scooter company, faced a significant impact from COVID-19 but maintained healthy margins. The company expects a strong recovery, especially in China, with increased demand and innovative sales strategies like live streaming. Globally, the shift towards individual mobility and electric solutions is accelerating. Despite challenges like US tariffs and regulatory issues, Yo Technologies is optimistic about its growth and expansion, particularly in the US and Europe.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the gross margin maintained by Yo Technologies in Q1 despite the impact of COVID-19?

15%

23%

30%

18%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Yo Technologies leverage live streaming to boost sales in China?

By opening new stores

By partnering with influencers

By launching new products

By offering discounts

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Yo Technologies' total revenue is represented by international sales?

25%

20%

15%

10%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which trend is NOT mentioned as part of the urban mobility market changes?

Shift from public to individual transportation

Increase in public transportation usage

Development of smart connected solutions

Transition from petrol to electric energy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key factor driving the shift to individual mobility devices?

Decreased time efficiency

Lower energy efficiency

Increased space efficiency

Higher cost efficiency

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the strategies Yo Technologies is considering to mitigate the impact of US tariffs?

Increasing product prices

Relocating manufacturing to Southeast Asia

Focusing solely on the Chinese market

Reducing product quality

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential locations is Yo Technologies considering for manufacturing to reduce tariffs?

Southeast Asia and Mexico

South America and Australia

Canada and Russia

Europe and Africa