Niu zapped by ‘perfect storm’ of factors in fourth quarter
Lockdowns in China clobbered the leading electric scooter maker, which also suffered overseas as shared scooter services put the brakes on new purchases Key Takeaways: Niu Technologies recorded its third…
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…
Niu Passes 1 Million Scooter Milestone on Surging Overseas Sales
Electric scooter maker’s international sales more than double in the fourth quarter, even as its domestic growth slowed sharply amid rising competition Key takeaways: Niu Technologies’ domestic sales growth slowed…
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