10 Best EV Penny Stocks to Buy

7. Niu Technologies (NASDAQ:NIU)

Niu Technologies (NASDAQ:NIU) is one of the 10 best EV penny stocks to buy.

On April 6, NIU Technologies (NASDAQ:NIU) announced its first-quarter 2026 sales volume figures. The total volume of products sold was 261,624. The sale comprised electric motorcycles, mopeds, kick scooters, and e-bikes. Domestic sales totaled 247,938 units, while international sales totaled 13,686 units.

According to the company, it experienced strong growth momentum in the Chinese market with a 35% increase on a yearly basis. The MT2026 model was well received by the market for its distinctive design, long-range capabilities, and artificial intelligence navigation features, and accounted for almost 30% of domestic sales. The introduction of the NXT2.0 model in March represented an important achievement in smart mobility. It offered a three-camera surround view recording function, along with the industry’s best artificial intelligence riding agent with complete voice control capabilities.

Going forward, NIU is expected to continue pursuing technology development and product offerings within its high-performing product range. In terms of global strategy, the company is currently undergoing a transformation that puts an emphasis on electric motorcycles and improving its micro-mobility presence.

Niu Technologies (NASDAQ:NIU) is engaged in designing and marketing electric scooters. Its product portfolio offers a wide range of products such as bicycle series, electric motorcycle, moped, hyper electric bicycle, e-scooter accessories, and spare parts. It also has a multipurpose online platform which offers services like smart check, repair request, scooter status, historical riding data, and more.