Niu Applied sciences (NASDAQ: NIU), a number one electrical scooter maker primarily based in China, on Friday reported its gross sales quantity outcomes for the primary quarter of 2025.
Within the first three months of fiscal 2025, complete gross sales climbed 57% to 203,313 models from 129,139 automobiles within the year-ago quarterThe firm bought 183,065 models within the China market in Q1, in comparison with 110,115 models within the corresponding quarter of fiscal 2024In worldwide markets, gross sales grew by 6% to twenty,248 automobiles from 19,024 models within the prior yr’s first quarterThe firm attributed the robust gross sales progress to its in depth pipeline of latest product launches and upgrades over the previous yearThe NX Professional mannequin, which was launched in late March, generated robust pre-order demand throughout all gross sales channels
