Stock Track | Niu Technologies Shares Surge in Pre-Market on Strong Q3 Sales Volume

Stock Track

2024-10-07

Shares of Niu Technologies (NIU) soared 6.43% in pre-market trading on Monday, following the company's announcement of robust sales volume for the third quarter of 2024.

According to the report released on Friday, Niu Technologies sold a total of 312,405 units in Q3, marking a significant increase from 265,923 units sold in the same period last year. The company's sales volume comprised various electric vehicles, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters, and e-bikes.

Notably, Niu Technologies witnessed strong demand in both the domestic Chinese market and international markets. The company sold 259,094 units in China, while the international market accounted for 53,311 units during the third quarter.

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The company's sales volume comprised various electric vehicles, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters, and e-bikes.</p>\n<p>Notably, Niu Technologies witnessed strong demand in both the domestic Chinese market and international markets. 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