US Stock Market Move | Q1 global vehicle sales rose by over 57% year-on-year. Niu Technologies Sponsored ADR Class A(NIU.US) surged over 14%.
As of the time of press, the stock has risen more than 14%, reaching $3.675.
On Wednesday, the stock price of Niu Technologies Sponsored ADR Class A (NIU.US) rose, as of the time of writing, the stock price has increased by over 14%, reaching $3.675. The financial report released by the company showed that Niu Technologies Sponsored ADR Class A achieved a revenue of 682 million yuan in the first quarter, a 35.1% increase from the same period last year; and a net loss of 38.8447 million yuan, a 29.11% decrease from last year. From a sales perspective, the Chinese market remains the main driver of growth for Niu Technologies Sponsored ADR Class A. In the first quarter of this year, sales revenue of electric scooters in the Chinese market reached 546 million yuan, a 39.1% increase year-on-year, accounting for 90.1% of the total revenue of electric scooters.
In terms of total vehicle sales, in the first quarter of 2025, the global total vehicle sales of Niu Technologies Sponsored ADR Class A exceeded 203,000 units, a significant increase of 57.4% year-on-year. Among them, the total vehicle sales in the Chinese market were 183,100 units, a 66.2% increase year-on-year.
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