Niu Technologies achieved strong Q4 2024 performance with total sales of 226,634 units, marking a 65% YoY growth. China market sales reached 182,333 units while international markets contributed 44,301 units. The remarkable growth was driven by successful new model launches and fulfillment of Q3 backlog orders following new safety standards implementation.New models, accounting for over 70% of Q4 sales, targeted diverse consumer segments including Gen Z and female riders. Key products like N-Play, NX, NT series resonated with younger users, while U1e, MT, and OT models were tailored for female customers. The company showcased new products including dirt bikes and electric motorcycles at EICMA in November.For full year 2024, total sales volume reached 924,340 units, with China market contributing 759,094 units and international markets delivering 165,246 units. The micro-mobility segment showed exceptional growth with 65% YoY increase in Q4 and 57% growth for the full year.

Niu Technologies achieved strong Q4 2024 performance with total sales of 226,634 units, marking a 65% YoY growth. China market sales reached 182,333 units while international markets contributed 44,301 units. The remarkable growth was driven by successful new model launches and fulfillment of Q3 backlog orders following new safety standards implementation.New models, accounting for over 70% of Q4 sales, targeted diverse consumer segments including Gen Z and female riders. Key products like N-Play, NX, NT series resonated with younger users, while U1e, MT, and OT models were tailored for female customers. The company showcased new products including dirt bikes and electric motorcycles at EICMA in November.For full year 2024, total sales volume reached 924,340 units, with China market contributing 759,094 units and international markets delivering 165,246 units. The micro-mobility segment showed exceptional growth with 65% YoY increase in Q4 and 57% growth for the full year.