(Yicai Global) Jan. 9 -- Chinese electric bike maker Niu Technologies unveiled the world's first self-driving electric tricycle at the CES in Las Vegas.
The Jiangsu province-based firm launched TQi and an electric motorbike RQi at the event yesterday, The Paper reported the same day, without disclosing prices. Both feature fifth-generation networking and the TQi has level-two autonomy and is equipped with supplemental restraint system airbags, anti-lock braking, traction control and other driving assistance systems. It has a 200 kilometer range, peaks at 80 kilometers per hour and can connect with smart charging piles.
Level-two autonomy is considered partial automation and includes vehicles that can manage their speed and assist with lane keeping and changing, according to SAE International standards. The RQi also features driver assistance, anti-lock brakes, traction control and a top speed of 160 kilometers per hour.
The TQi will go on sale in the second half of this year, founder Hu Yilin said at the event, which kicked off on Jan. 7 and ends tomorrow.
Niu more than doubled net profit to CNY129 million (USD18.6 million) in the first three quarters of this year as revenue leaped 46.7 percent to CNY1.5 billion (USD216 million), according to data from Wind.
Editor: James Boynton