5 Best EV Stocks For The Long Term

3. Niu Technologies (NASDAQ:NIU)

Mean Analyst Recommendation: 1.70

Niu Technologies (NASDAQ:NIU) is a Chinese company headquartered in Beijing, China. The firm makes and sells electric scooters and motorcycles.

Niu Technologies (NASDAQ:NIU) suffered from the Chinese slowdown in Q4 2022 as its sales volume dropped by 42% annually. During the same time period, nine of the 943 hedge funds polled by Insider Monkey had bought the firm’s shares.

Niu Technologies (NASDAQ:NIU)’s largest investor in our database is Catherine D. Wood’s ARK Investment Management which owns two million shares that are worth $11 million.

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