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Niu Clocks 57% e-Scooter Sales Surge, But Tariffs Impact Margins

Benzinga LogoBenzinga15h ago

Niu Clocks 57% e-Scooter Sales Surge, But Tariffs Impact Margins - Benzinga

Quick Summary:

Chinese electric scooter company Niu Technologies (NASDAQ:NIU) on Monday reported fiscal first-quarter revenue growth of 35.1% year-over-year to 682.0 million Chinese yuan ($93.98 million).

The number of e-scooters sold increased by 57.4% Y/Y to 203,313, with sales in China growing by 66.2% Y/Y to 183,065. The number of e-scooters sold in the international markets was 20,248, up 6.4% Y/Y.

The number of franchised stores in China was 4,119 as of March 31, 2025

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Niu Clocks 57% e-Scooter Sales Surge, But Tariffs Impact Margins - Benzinga (Picture 1)

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-19 @ 11:55:13 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28816245

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 30 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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  • URL: https://warm.beamstart.com/news/niu-clocks-57-e-scooter-17476559416099

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