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…
FAST NEWS: Niu Technologies Q2 Profit Rises 62%
The latest: Electric scooter maker Niu Technologies reported its second-quarter revenue rose 46.5% to 944.7 million yuan ($146 million) year-on-year, while its profit rose 61.6% to 91.8 million yuan, according…
Scooter Maker Niu Charges in China, But Stuck in Bullpen Globally
Company targets 600 new store openings in China in first half of 2021, raising total count by nearly 40% Key takeaways: Investors are growing cautious on Niu Technologies due to…
Niu’s Global Sales Hit the Skids, as Domestic Purchases Zoom
Electric scooter specialist blames Covid for overseas sales decline in first quarter, even as business in its home China market rebounds sharply in post-Covid surge Key takeaways: Niu Technologies is…
