Categories Earnings, Industrials

Summary: Niu Technologies (NIU) reports first-quarter 2025 sales

Niu Technologies (NASDAQ: NIU), a leading electric scooter maker based in China, on Friday reported its sales volume results for the first quarter of 2025.

  • In the first three months of fiscal 2025, total sales climbed 57% to 203,313 units from 129,139 vehicles in the year-ago quarter
  • The company sold 183,065 units in the China market in Q1, compared to 110,115 units in the corresponding quarter of fiscal 2024
  • In international markets, sales grew by 6% to 20,248 vehicles from 19,024 units in the prior year’s first quarter
  • The company attributed the strong sales growth to its extensive pipeline of new product launches and upgrades over the past year
  • The NX Pro model, which was launched in late March, generated strong pre-order demand across all sales channels

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