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