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 autos within the year-ago quarter
- The corporate offered 183,065 models within the China market in Q1, in comparison with 110,115 models within the corresponding quarter of fiscal 2024
- In worldwide markets, gross sales grew by 6% to twenty,248 autos from 19,024 models within the prior yr’s first quarter
- The corporate attributed the sturdy gross sales development to its intensive pipeline of recent product launches and upgrades over the previous yr
- The NX Professional mannequin, which was launched in late March, generated sturdy pre-order demand throughout all gross sales channels
