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Niu Technologies ( (NIU) ) just unveiled an update.
Niu Technologies reported a significant increase in sales volume for the fourth quarter and full year 2024, driven by strong demand in both domestic and international markets. In China, the company achieved a 65% year-over-year growth in Q4, attributed to new model launches and the fulfillment of backlog orders. Internationally, the company saw a 65% growth in Q4 and a 57% increase for the year, strengthened by the introduction of new products at EICMA. These results highlight NIU’s strategic focus on customer-centric innovation and its growing global brand presence, which are expected to enhance its market positioning and stakeholder confidence.
More about Niu Technologies
As the world’s leading provider of smart urban mobility solutions, NIU designs, manufactures, and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio catering to various urban travel scenarios, and employs an omnichannel retail model integrating both offline and online sales.
YTD Price Performance: 1.72%
Average Trading Volume: 573,203
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $137.3M
Learn more about NIU stock on TipRanks’ Stock Analysis page.