Xiaoniu Electric's stock price surged over 14%, and its global vehicle sales in Q1 increased by over 57% year-on-year.

Niu Technologies' stock price has risen, with the stock up more than 14% to $3.675 as of the time of writing. The company's financial report released earlier showed that Niu Technologies achieved revenue of 682 million yuan in the first quarter, a 35.1% increase from the same period last year; net loss was 38.8447 million yuan, a 29.11% decrease from the same period last year. From a sales area perspective, the Chinese market continues to be the main driver of growth for Niu Technologies. In the first quarter of this year, sales revenue of electric scooters in the Chinese market reached 546 million yuan, a year-on-year increase of 39.1%, accounting for 90.1% of the total revenue from electric scooters. In terms of total vehicle sales volume, in the first quarter of 2025, Niu Technologies' global total vehicle sales volume surpassed 203,000 units, a significant increase of 57.4% year-on-year. Among them, the total vehicle sales volume in the Chinese market was 183,100 units, an increase of 66.2% year-on-year.