During the “618 Shopping Festival”, the second-largest shopping event in China, the company said its high-end models topped rankings on major e-commerce platforms.
Small-cap player Niu, “Tesla killer” BYD and Xpeng have offered way better returns than Ford, GM or Tesla amid a chaotic six-month period punctuated by President Trump’s tariff blitz.
Chinese electric scooter company Niu Technologies (NASDAQ: NIU) reported 35.1% Y/Y revenue growth, driven by increased sales volume but offset by lower per e-scooter revenue. The company expects a 40%-50% Y/Y revenue increase for Q2. NIU stock down 4.70% premarket.
Chinese EV maker Niu Technologies sold over 203,000 units in Q1 2025, fueled by a 66% domestic sales surge. Its new NX Pro scooter launch attracted 3.5 million viewers and significant pre-orders.
Chinese electric scooter company Niu Technologies reported strong Q4 and 2024 sales growth, with plans for continued expansion and a positive outlook for 2025.
Niu Technologies shares up premarket after reporting strong sales volume in Q4 and full year 2024. China saw 65% growth, international markets also up. D2C sales platform launched.
Niu Technologies reported Q3 2024 revenue growth of 10.5% to 1.02 billion Chinese yuan, with an increase in sales volume offset by a decrease in revenues per e-scooter. The company also reported adjusted net loss of (34.25) million Chinese yuan. The number of e-scooters sold increased by 17.5% YoY, with sales in China growing by 12.4% and international sales climbing by 50.3%. The company expects a 30%-50% YoY increase in Q4 revenues.
