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 items from 129,139 autos within the year-ago quarterThe firm offered 183,065 items within the China market in Q1, in comparison with 110,115 items within the corresponding quarter of fiscal 2024In worldwide markets, gross sales grew by 6% to twenty,248 autos from 19,024 items within the prior 12 months’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
