Niu Technologies Q1 Sales Volume Surge 57% On Solid China Demand
1. NIU sold 203,313 units in Q1, a 57% increase year-over-year. 2. Domestic sales surged 66%, primarily driven by China's robust market. 3. The NX Pro model launch created significant consumer interest and pre-orders. 4. International sales grew by 6% year-over-year, indicating expanding market reach. 5. Revenue is projected to increase by 25%-40% in Q1 2025, enhancing growth outlook.