According to the QYResearch report for 2026, LEQI's Megawheels brand ranked fourth among manufacturers in the global market of self-balancing two-wheeled scooters. In Japan, Megawheels topped the rankings with two million users. These achievements reflect LEQI's ambition to enter foreign markets and build a sustainable global business.
In urban environments, where a two-kilometer trip can be problematic due to traffic jams, parking difficulties, or lack of public transport, electric scooters offer an alternative, provided they are portable, reliable, and easy to use.
This is the market segment that LEQI, based in Shenzhen and founded in 2016, has captured. Today, its product line includes electric scooters, self-balancing vehicles, e-bikes, electric luggage systems, and motorcycles.
The company's main objective is to create products that align with local commuting habits, meet regulatory requirements, and gain user trust in unfamiliar territories. Although the idea seems simple, its execution presents a significant challenge.
One of LEQI's new developments is the L3 Smart Electric Suitcase, which goes beyond the traditional scooter. This product was recognized in the Red Dot Award: Product Design list for 2026. It combines luggage with a riding platform: a foldable chassis and handle allow the suitcase to be used as a scooter, while wide wheels ensure stability both while moving and while seated.
According to the Red Dot description, the suitcase is equipped with LED strips and sensors that allow it to follow the owner and avoid obstacles. The design was praised for successfully merging luggage functions with personal mobility. The L3 model demonstrates LEQI's ambition to integrate mobility technologies into everyday objects, offering travelers a way to combine luggage and transport in one device when moving through large airports or stations.
This concept is part of a broader trend in personal mobility—the integration of transport technologies into items people use daily. Currently, LEQI's portfolio covers city travel, active recreation, and sports, offering products ranging from e-bikes and luggage systems to high-speed motorcycles and dirt bikes.
Within these categories, the company develops competencies in electric drive systems, battery management, sensor control, and connected software. LEQI's expertise in battery management and electric drive systems is applicable to both scooters and e-bikes, while sensors and software can support various types of control and vehicle interaction.
However, having common technology does not imply universal design. An urban scooter must be practical and portable for daily commutes, an off-road motorcycle must handle complex terrain, and a riding suitcase must comply with airport transit restrictions.
Thus, LEQI's task is to adapt its core technologies to diverse needs while simultaneously developing products that are complete solutions in themselves. In 2021, LEQI approved a global branding strategy, utilizing two proprietary brands—Megawheels and LEQI. This step was part of the company's efforts to penetrate foreign markets, where it sold goods through platforms like Amazon and eBay, its own website, and B2B channels.
Furthermore, in 2025, LEQI ranked first globally in electric scooter shipments, and its Megawheels brand had 2 million users and led in Japan. Despite LEQI expanding distribution beyond the domestic market, turning overseas sales into brand recognition, repeat purchases, and reliable after-sales support remains a complex task.
Online marketplaces help manufacturers reach international customers without needing to establish their own retail network. Nevertheless, buyers quickly compare prices, features, and reviews, whereas established brands may have more trust regarding repairs and spare parts.
Regulation adds another layer of complexity. Rules governing electric scooters vary across countries, affecting speed limits, road access, and necessary permits. Products may require different specifications to comply with local norms, and adhering to these rules does not end after customs clearance.
LEQI has experience with these issues. In a 2023 review, the German technology publication heise noted the LEQI smart A11 model as one of the few Chinese scooters possessing the German operating permit Allgemeine Betriebserlaubnis, or ABE.
Each market has its own demands. Understanding local expectations and providing after-sales support can be as crucial for international expansion as the vehicle itself.
In March 2026, LEQI completed a Series B funding round with participation from Xiaomi Group and Shunwei Capital. These funds will be directed towards research in high-power density electric drive systems, real-time decision-making based on artificial intelligence and adaptive control, and next-generation interaction systems. The company also plans to accelerate overseas expansion and strengthen global supply chains and distribution.
The next stage of LEQI's development may not only involve launching new products. It requires engineering, manufacturing, and distribution capabilities to support these products in different markets. LEQI's history reflects a broader issue for Chinese equipment manufacturers: engineering and production skills enable products to reach the market, but they do not guarantee the creation of a global brand.
The L3 model illustrates how LEQI explores new ways of combining mobility with everyday objects, while its scooter business provides a stable product category. Whether this becomes a long-term advantage depends on execution: products must comply with local regulations, function as expected, and remain practical to maintain.
Ratings and design awards attract attention, but building a sustainable international business requires something less obvious: products that organically fit into people's lives, backed by service that continues long after the novelty wears off.