Niu Technologies announced its sales volume results for the fourth quarter and full year 2024 on January 6, 2025, reporting 226,634 units sold in Q4 2024.
China sales volume in Q4 2024 surged by 65% year-over-year to 182,333 units, primarily driven by the successful launch of new models throughout 2024 and the fulfillment of Q3 backlog orders following new battery and electric system safety standards.
Overseas, the micro-mobility segment achieved a 65% year-over-year growth in Q4 and a 57% increase for the full year, contributing to a total of 924,340 units sold globally for the full year 2024.
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