Niu Technologies Stock Price, News & Analysis

Niu Technologies (NASDAQ: NIU), a leading provider of smart urban mobility solutions, has scheduled its Fourth Quarter and Full Year 2024 financial results announcement for March 17, 2025, before U.S. market opening. The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) on the same day.

Corporate presentation and financial spreadsheets will be available on NIU's investor relations website. Interested participants can join the conference call via phone by registering in advance to receive dial-in numbers and a personal PIN. A live and archived webcast will also be accessible through the company's investor relations website.

NIU Technologies (NASDAQ: NIU) announced its participation in AIMExpo 2025, North America's largest powersports trade show, taking place in Las Vegas from February 5-7, 2025. The company will showcase its strategic expansion into the powersports industry and host dealer meetings.

At the event, NIU will present early-stage prototypes of new powersports vehicles and offer test rides of the XQi3 electric dirt bike, their flagship powersports product designed for both on-road and off-road use. The company will be located at booth #9109 in the South Hall of the Las Vegas Convention Center, with a demo station in the Bronze Lot.

Ben McGill, Head of North America Operations, emphasized that NIU's presence at AIMExpo aims to demonstrate their credibility as a trusted global brand and showcase their high-quality mobility solutions.

Niu Technologies (NIU) reported strong sales volume results for Q4 and full year 2024. The company sold 226,634 units in Q4 2024, with 182,333 units in China and 44,301 units in international markets, representing a 65% year-over-year growth in both regions.

In China, success was driven by new model launches and fulfillment of Q3 backlog orders following new safety standards implementation. New models, including N-Play, NX, NT, FX, and UMAX targeting Gen Z riders, and U1e, MT, and OT models aimed at female riders, accounted for over 70% of Q4 sales.

For full year 2024, NIU sold 924,340 total units, with 759,094 units in China and 165,246 units internationally. The micro-mobility segment showed exceptional performance overseas with a 57% annual increase. The company showcased new products at EICMA in November, including dirt bikes, electric motorcycles, and micro-mobility solutions.

NIU Technologies has launched a nationwide direct-to-consumer (D2C) sales platform for its XQi3 electric dirt bikes. The NIU Moto Sales Platform (NMSP) enables customers across the United States to purchase, finance, and complete vehicle registration entirely online. The platform integrates with NIU's network of over 100 dealers and offers options for direct shipping or dealer assembly. This launch follows a recent price reduction and over-the-air software update for the XQi3 models. NIU has partnered with Ekho Dealer to power the platform and develop an offline sales system for dealers.

Niu Technologies reported Q3 2024 financial results with revenues of RMB 1,023.9 million, up 10.5% year-over-year. E-scooter sales volume increased 17.5% to 312,405 units, with China sales up 12.4% and international sales up 50.3%. However, the company faced challenges with gross margin declining to 13.8% from 21.4% in Q3 2023. Net loss improved to RMB 40.9 million compared to RMB 79.4 million in the same period last year. The company maintains 3,345 franchised stores in China and has 57 distributors across 53 countries. For Q4 2024, NIU expects revenues between RMB 622-718 million, projecting 30-50% year-over-year growth.

NIU Technologies announced a significant over-the-air (OTA) software update for its XQi3 electric dirt bike at EICMA 2024, along with a price reduction from $4,999 to $3,999. The update enhances performance by increasing total power output to 10.6 kW, improving top speed from 47 mph to 50 mph, and boosting continuous power output by 28% and 'Boost Mode' power by 36%. The update will be immediately available for the XQi3 Wild off-road version and soon for the XQi3 Street version in the US and EU. Users can toggle between updated and standard versions to comply with legal requirements when switching between off-road and street riding.

NIU Technologies (NASDAQ: NIU) announced major holiday discounts for its electric vehicles, offering up to 60% off on select models from November 1, 2024, through January 15, 2025. The sale includes significant price reductions across their e-scooter and e-bike lineup, available through major retailers including Best Buy, Amazon, Target, and Walmart. Notable deals include the KQi1 Pro at $199.98 (60% off), KQi Air at $949 (41% off), and BQi-C3 Pro e-bike at $1,249 (43% off). The company's new 100 Series kick scooters will be on sale for the first time since their September launch.

Niu Technologies (NASDAQ: NIU), a leading provider of smart urban mobility solutions, has announced it will report its financial results for the third quarter ended September 30, 2024, on November 18, 2024, before the U.S. market opens. The company will host an earnings conference call on the same day at 8:00 AM U.S. Eastern Time (9:00 PM Beijing/Hong Kong Time) to discuss the financial and business results.

Interested participants can register for the conference call using the provided link to receive dial-in numbers and a personal PIN. Additionally, a live and archived webcast of the conference call will be available on NIU's investor relations website. The corporate presentation and financial spreadsheets will be posted on the company's investor relations website prior to the call.

NIU Technologies is set to launch its new KQi 100F electric scooter at the Electrify Expo in New York, taking place at Citi Field on October 12-13, 2024. This event marks the U.S. debut of the scooter, which will be available for purchase at Best Buy starting November 1. The KQi 100F, priced at $449, features foldable handles for easy storage and transportation, making it ideal for urban commuters.

The scooter showcases NIU's commitment to smart, eco-friendly urban mobility solutions. It offers enhanced performance, cutting-edge technology, and a sleek design. Following the Expo, the KQi 100F will also be available through Amazon, Shopify, and Target. Additionally, the KQi 100P model, recently launched at Walmart, will be available for test rides at the Expo and will be in Kohl's stores beginning in November.