Lates News

The stock price of Niu Electric (NIU.US) has risen by over 14% to $3.675 as of the time of writing. The company's financial report released earlier showed that Niu Electric achieved a revenue of 682 million yuan in the first quarter, a 35.1% increase compared to the same period last year; the net loss was reduced to 38.8447 million yuan, a 29.11% decrease compared to the same period last year. From a sales perspective, the Chinese market remains the main driver of growth for Niu Electric. In the first quarter of this year, the 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 of electric scooters. In terms of total vehicle sales, in the first quarter of 2025, Niu Electric's global total vehicle sales exceeded 203,000 units, a significant increase of 57.4% year-on-year. Among them, the total vehicle sales in the Chinese market were 183,100 units, a year-on-year increase of 66.2%.