BRIEF: China market drives Niu’s strong third-quarter sales growth
Electric scooter maker Niu Technologies (NIU.US) announced on Monday that it sold 465,873 units in the third quarter, up 49.1% year-on-year, on especially strong performance in China. The company’s domestic shipments reached…
BRIEF: Niu’s second-quarter sales rise 36.6%
Electric scooter manufacturer Niu Technologies (NIU.US) announced last Friday that it sold 350,090 e-motorcycles, e-mopeds, kick-scooters and e-bikes in the second quarter, up 36.6% from 256,200 units in the same period…
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,…
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…
Luyuan looks for IPO cash to scoot into Southeast Asia
Sales have been accelerating at the Chinese maker of electric motorcycles and mopeds, despite China’s pandemic lockdowns Key Takeaways: Luyuan Group has re-applied to list on the Hong Kong Stock…
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…
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…