Brief: Niu Technologies Says Sold 149,649 E-Scooters in Q1, Representing An Increase Of 272.6%

Niu Technologies

06/04/2021 09:25

April 6 (Reuters) - NIU Technologies  NIU.O :
    * PROVIDES UPDATES ON FIRST QUARTER 2021 E-SCOOTER SALES
VOLUME
AND NEW PRODUCTS LAUNCH
    * IN Q1 OF 2021, NIU SOLD 149,649 E-SCOOTERS, REPRESENTING A
272.6% YEAR-OVER-YEAR GROWTH
    * NUMBER OF E-SCOOTERS SOLD IN CHINA MARKET IN Q1 REACHED
144,654,
REPRESENTING A 321.5% YEAR-OVER-YEAR GROWTH
    * IN Q1, NUMBER OF E-SCOOTER SOLD IN INTERNATIONAL MARKETS
REACHED
4,995, A DECREASE OF 14.5% YEAR-OVER-YEAR
    * AS OF MARCH 31, 2021, CO HAD BACKLOG ORDERS OF 5,437 UNITS
WHICH
WERE NOT FULFILLED WITHIN Q1 2021

Source text for Eikon:  ID:nGNX9Y30qk 
Further company coverage:  NIU.O 

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