Niu Technologies (NIU.US) sold approximately 227,000 units globally in Q4, marking a significant 65% year-over-year increase.

Niu Technologies (NIU.US) announced its sales performance in the fourth quarter of 2024. The Company said that its total sales in the fourth quarter were 226,634 units, covering a variety of products including electric motorcycles, electric scooters, electric bicycles, skateboards, and e-bikes.

The Company's sales in China and international markets were 182,333 units and 44,301 units, respectively, both achieving a year-on-year growth of 65% in the fourth quarter.

On the international market, the sales of microcars in the fourth quarter grew more than 65% year-on-year, and the annual growth was 57%.

In China, due to the launch of new models in 2024 and the completion of backlog orders after the new safety standards in the third quarter, the Company's fourth-quarter sales grew 65% year-on-year. The new models, including N-Play, NX, NT, FX, UMAX, U1e, MT, and OT models, accounted for over 70% of the fourth-quarter sales.

For the whole year of 2024, the Company's total sales were 924,340 units. The sales in China and international markets were 759,094 units and 165,246 units, respectively.