Niutron Electric Vehicle Company Launches First Product Despite Hurdles

The Niutron electric vehicle company has made significant strides in the industry despite facing several challenges.

The company's first product is an electric car, which has been designed to be both environmentally friendly and cost-effective.

Niutron's electric car is powered by a lithium-ion battery that provides a range of 300 miles on a single charge.

The company's innovative approach to electric vehicle design has garnered attention from industry experts and potential customers alike.

Niutron's production was halted due to its own reasons, which the company attributed to its partner Dorcen Automobile's manufacturing plant.

The company took over 24 thousand pre-orders for its first electric SUV, the Niutron NV, but was unable to meet the deadline.

Niutron NV was unveiled in October and was expected to be in production and heading for deliveries, but that's no longer the case.

The production halt is not a result of the company filing for protection or going bankrupt, but rather due to a delay in meeting China's strict rules for New Energy startups.

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Niutron has been delaying its vehicle since March of this year, and its official launch has been canceled, with subsequent delays blamed on the Covid pandemic.

The company will issue full refunds to the 24,376 buyers within 48 hours, but it's unclear what the future holds for the Niutron NV.

Niutron is refunding all 24,376 customers who put down deposits for their first electric SUV, the Neutron NV.

The company's founder, Li Yinan, issued an apology on social media and promised to issue full refunds within 48 hours.

The Neutron NV was unveiled in October and received a lot of attention, with over 24 thousand pre-orders.

Unfortunately, the company has suspended production and the vehicle will no longer be delivered in the near future.

The reason for the production stop is due to the company's manufacturing partner, Dorcen Automobile, not meeting the necessary requirements.

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China has strict rules for New Energy startups, requiring companies to have approved manufacturing facilities to produce EVs.

Neutron has been delaying its vehicle production since March, and its official launch has been canceled due to the Covid pandemic.

The company will have to reapply for its verification status, which means more time wasted and a lot of work ahead.

Niutron, a high-tech enterprise specializing in high-end new energy vehicles, is launching its first model tonight. The company was founded in 2018 by Li Yinan, a former Huawei executive and founder of Niu Technologies.

The first model is a midsize SUV with a vintage design concept called Urban Exploring, featuring a highly recognizable upward light strip extending from the front doors to the tail.

It has a length, width, and height of 4915mm x 1950mm x 1750mm, and a wheelbase of 2900mm, making it a spacious vehicle. The SUV is equipped with an IAWD system and has L2+ assisted driving capabilities.

Niutron's Changzhou manufacturing plant started production in March and is expected to have an annual capacity of 180,000 cars. This is a significant milestone for the company, marking a major step in its journey to become a major player in the electric vehicle market.

The company has a research center in Shanghai, where its R&D team of over 1,000 people with an average of more than 10 years of working experience has been developing the "Gemini" platform.