BRIEF: Niu reports 65% growth in fourth-quarter unit sales
Electric scooter manufacturer Niu Technologies (NIU.US) on Monday announced it sold 226,634 e-motorcycles, e-mopeds, kick-scooters and e-bikes in the fourth quarter, up 65% year-on-year. Sales in China reached 182,333 units,…
Slowing Chinese economy, shifting global policies put the brakes on Niu
The electric scooter maker’s domestic sales are taking a hit from China’s slowing economy and waning government support, while European e-scooter bans are slowing its overseas drive Key Takeaways: Niu’s…
Luyuan cruises out of IPO gate on zooming electric two-wheeler sales
The maker of battery-powered scooters and bicycles raised about $90 million in an oversubscribed Hong Kong listing Key Takeaways: Luyuan priced its IPO shares close to the top of their…
FAST NEWS: Niu ends revenue slump, but international sales vary
The latest: Electric scooter maker Niu Technologies (NIU.US) announced Monday its revenue for the second quarter of this year rose 0.1% year-on-year to 829 million yuan ($114 million), ending four consecutive…
Niu Charges Into Global Markets, Sputters in China
Electric scooter maker’s global sales rose more than 10-fold in the third quarter, fueled by popularity of its low-priced kick-scooters Key Takeaways: Niu Technologies’ electric scooter sales fell for a…
Rising Costs, Growing Competition Skewer Shrinking Niu Technologies
Company logs fourth-quarter profit drop as margins get squeezed by surging lithium battery costs and lower prices for its electric scooters Key Takeaways: Electric scooter maker Niu Technologies’ profit fell…
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