Niu Technologies - American Depositary Shares (NIU)
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Niu Technologies is a leading manufacturer and provider of electric scooters and smart mobility solutions, focusing on environmentally friendly transportation alternatives
The company designs and produces a range of stylish electric scooters equipped with advanced technology, offering consumers efficient and convenient urban mobility options. Niu is dedicated to promoting sustainable transportation and reducing urban congestion while catering to a growing demand for eco-friendly vehicles. Additionally, the company leverages IoT technology to enhance user experience through features like connectivity and smart navigation.
Chinese electric scooter company Niu Technologies reported strong Q4 and 2024 sales growth, with plans for continued expansion and a positive outlook for 2025.
BEIJING, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced that it will report its financial results for the fourth quarter and full year 2024 before the U.S. market opens on Monday, March 17, 2025.
Niu Technologies shares up premarket after reporting strong sales volume in Q4 and full year 2024. China saw 65% growth, international markets also up. D2C sales platform launched.
BEIJING, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today provides its sales volume results for the fourth quarter and full year 2024.
Niu Technologies reported Q3 2024 revenue growth of 10.5% to 1.02 billion Chinese yuan, with an increase in sales volume offset by a decrease in revenues per e-scooter. The company also reported adjusted net loss of (34.25) million Chinese yuan. The number of e-scooters sold increased by 17.5% YoY, with sales in China growing by 12.4% and international sales climbing by 50.3%. The company expects a 30%-50% YoY increase in Q4 revenues.
MILAN, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, is set to revolutionize the dirt bike segment with the announcement of a powerful over-the-air (OTA) software update for the XQi3 electric dirt bike at this year's EICMA event in Milan. This update will significantly enhance the bike’s performance, making it a more formidable force on challenging terrains. The OTA update will be available immediately for the XQi3 Wild off-road dirt bike, and available in the coming weeks for the XQi3 Street version in the US and EU.
BEIJING, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU” or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced that it will report its financial results for the third quarter ended September 30, 2024 before the U.S. market opens on Monday, November 18, 2024.
- Debuting at Citi Field, October 12-13, the KQi 100F showcases NIU’s cutting-edge urban mobility solution at an approachable price point- Electrify Expo attendees will get the first opportunity in the U.S. to test ride the high-performance, easily transportable scooter that is perfect for city commuters- Media are invited to schedule private demos of the product in person at Electrify Expo New York
BEIJING, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today provides its sales volume results for the third quarter of 2024.
LOS ANGELES, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced the launch of two new electric kick scooters - the KQi 100 series - for the 2024 holiday season that will be available in Walmart, Best Buy and Kohl’s nationwide. NIU specializes in creating products that uniquely combine affordability, quality and technology, a blend rarely found in a single offering, and the KQi 100 series underscores this approach.
Key Takeaways: Niu Technologies has returned to growth after an overhaul last year, opening a net 300 new stores in the first half of the year Analysts are becoming more bullish on the electric scooter maker, with all three polled by Yahoo Finance rating the company either a “buy” or “strong buy”
