NIU Electric Discloses Strong Second Quarter 2024 Sales Growth

TapTechNews July 5th news, NIU Electric disclosed its second quarter 2024 sales data today. The data shows that NIU Electric achieved a total vehicle sales volume of 256,162 units in the second quarter, including products such as electric motorcycles, electric mopeds, electric scooters, and electric bicycles, with a year-on-year increase of 20.83%.

Among them, the domestic market achieved a vehicle sales volume of 207,552 units, and the international market achieved a vehicle sales volume of 48,610 units.

NIU Electric announced that in the domestic market, the NXT and N-play series models continued to maintain the sales momentum of the first quarter, and the sales volume of new products accounted for more than 50% of the total domestic sales volume. In addition, female rider models accounted for more than 10% of the domestic sales.

According to TapTechNews' inquiry, the sales volume of NIU Electric's electric vehicles in the first quarter of 2024 was 129,139 units, with a year-on-year increase of 36.8%; the revenue was 504.7 million yuan, with a year-on-year increase of 21%.