Niu Technologies gets charge from China’s consumer trade-in program
The electric scooter maker’s China unit sales rose 66% in the first quarter, while its global sales grew by just 6% on tariff headwinds Key Takeaways: Niu Technologies said its…
Overhauled Niu returns to accelerating growth track
The electric scooter maker’s revenue grew 13.5% in the three months to June, as it forecast the growth rate would zoom to about 50% in the third quarter Key Takeaways:…
Is Niu Technologies ready to charge ahead again?
The electric scooter maker reported a sharp upturn in its first quarter sales volume, reversing weak growth throughout last year Key Takeaways: Niu Technologies said its unit sales at home…
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…
Investors Go Bearish as Niu Technologies Reports First-Ever Sales Decline
Leading Chinese electric scooter maker’s sales fell 17% in the second quarter, as its home market tumbled due to Covid lockdowns Key Takeaways: Niu Technologies sold 17% less electric scooters…
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…