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Yahoo
04-07-2025
- Automotive
- Yahoo
Niu Technologies Provides Second Quarter 2025 Sales Volume Update
BEIJING, July 04, 2025 (GLOBE NEWSWIRE) -- Niu Technologies ('NIU', or 'the Company') (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provided its sales volume results for the second quarter of 2025. 2Q 2025 2Q 2024 1H 2025 1H 2024 China Market 318,719 207,552 501,784 317,667 International Markets 31,371 48,610 51,619 67,634 Total 350,090 256,162 553,403 385,301 In the second quarter of 2025, NIU sold 350,090 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. Sales in the China and international markets were 318,719 and 31,371 units, respectively. In China, we remained focused on our key product line development strategy, enhancing existing models through continuous upgrades and refining our product portfolio. These efforts resulted in an optimized product mix that appeals to a broader range of consumers and delivers a more enjoyable riding experience. During the '618 Shopping Festival,' our high-end models secured top rankings across major e-commerce platforms, including Tmall, JD and Douyin. This strong performance further solidifies NIU's position in China's premium market, appealing to riders who value design and innovation. In the international markets, we launched a comprehensive portfolio of electric motorcycles, including off-road models. Supported by an expanded distribution network, this lineup has significantly strengthened our global market position, despite ongoing challenges in the micromobility sector due to a complex and uncertain environment. Our sales volume count disclosed above is based on the delivery from our manufacturing facility, which may vary slightly from the sales volume measured from a financial accounting and reporting point of view. NIU's sales volume represents only one measure of the company's financial performance and should not be relied upon as an indicator of quarterly financial results, which depend on a variety of factors, including revenues from accessories, spare parts and services, cost of sales, operating expenses, etc. About NIU As the world's leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio that caters to the various demands of our users and addresses different urban travel scenarios. Currently, NIU offers two model lineups, comprising a number of different vehicle types. These include (i) the electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, FQi series and others, and (ii) the micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services to users. For more information, please visit Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as NIU's strategic and operational plans, contain forward-looking statements. NIU may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIU's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIU's strategies; NIU's future business development, financial condition and results of operations; NIU's ability to maintain and enhance its 'NIU' brand; its ability to innovate and successfully launch new products and services; its ability to maintain and expand its offline distribution network; its ability to satisfy the mandated safety standards relating to e-scooters; its ability to secure supply of components and raw materials used in e-scooters; its ability to manufacture, launch and sell smart e-scooters meeting customer expectations; its ability to grow collaboration with operation partners; its ability to control costs associated with its operations; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIU's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and NIU does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Niu TechnologiesE-mail: ir@
Yahoo
04-07-2025
- Automotive
- Yahoo
Niu Technologies Provides Second Quarter 2025 Sales Volume Update
BEIJING, July 04, 2025 (GLOBE NEWSWIRE) -- Niu Technologies ('NIU', or 'the Company') (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provided its sales volume results for the second quarter of 2025. 2Q 2025 2Q 2024 1H 2025 1H 2024 China Market 318,719 207,552 501,784 317,667 International Markets 31,371 48,610 51,619 67,634 Total 350,090 256,162 553,403 385,301 In the second quarter of 2025, NIU sold 350,090 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. Sales in the China and international markets were 318,719 and 31,371 units, respectively. In China, we remained focused on our key product line development strategy, enhancing existing models through continuous upgrades and refining our product portfolio. These efforts resulted in an optimized product mix that appeals to a broader range of consumers and delivers a more enjoyable riding experience. During the '618 Shopping Festival,' our high-end models secured top rankings across major e-commerce platforms, including Tmall, JD and Douyin. This strong performance further solidifies NIU's position in China's premium market, appealing to riders who value design and innovation. In the international markets, we launched a comprehensive portfolio of electric motorcycles, including off-road models. Supported by an expanded distribution network, this lineup has significantly strengthened our global market position, despite ongoing challenges in the micromobility sector due to a complex and uncertain environment. Our sales volume count disclosed above is based on the delivery from our manufacturing facility, which may vary slightly from the sales volume measured from a financial accounting and reporting point of view. NIU's sales volume represents only one measure of the company's financial performance and should not be relied upon as an indicator of quarterly financial results, which depend on a variety of factors, including revenues from accessories, spare parts and services, cost of sales, operating expenses, etc. About NIU As the world's leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio that caters to the various demands of our users and addresses different urban travel scenarios. Currently, NIU offers two model lineups, comprising a number of different vehicle types. These include (i) the electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, FQi series and others, and (ii) the micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services to users. For more information, please visit Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as NIU's strategic and operational plans, contain forward-looking statements. NIU may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIU's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIU's strategies; NIU's future business development, financial condition and results of operations; NIU's ability to maintain and enhance its 'NIU' brand; its ability to innovate and successfully launch new products and services; its ability to maintain and expand its offline distribution network; its ability to satisfy the mandated safety standards relating to e-scooters; its ability to secure supply of components and raw materials used in e-scooters; its ability to manufacture, launch and sell smart e-scooters meeting customer expectations; its ability to grow collaboration with operation partners; its ability to control costs associated with its operations; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIU's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and NIU does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Niu TechnologiesE-mail: ir@ in to access your portfolio
Bloomberg
02-07-2025
- Automotive
- Bloomberg
What Gothenburg Got Out of Congestion Pricing
Perched on the North Sea halfway between Oslo and Copenhagen, the Swedish city of Gothenburg is known as the birthplace of Volvo, a hub for island-hopping, and a place to eat cinnamon rolls the size of dinner plates. Gothenburg has another distinction as well: With around 600,000 residents (in a metropolitan area of just over 1 million), it is one of the smallest municipalities worldwide to implement a congestion pricing policy. Today, those driving into the city pay up to 22 kronor ($2.33) for the privilege. Ever since New York City implemented its high-profile congestion pricing program in January, there has been a fresh surge of interest in the efficacy of such policies. London's tolls were intensely controversial when launched in 2003, but they succeeded in declogging streets; in Milan, congestion pricing has been hailed for reducing air pollution and raising funds to improve public transit. Early evidence from Manhattan, where most drivers must fork over $9 to enter south of 60th Street, indicates that the policy has sped up bus service and dampened urban noise, and it's on track to produce about $500 million for transit investments this year, after expenses.
Zawya
01-07-2025
- Business
- Zawya
Bank of Jordan signs agreement to support sustainable urban transport with Amman Vision Transport
Bank of Jordan has signed a partnership agreement with Amman Vision Transport—in line with its commitment to supporting national development projects—to advance a smart and sustainable public transportation system in the capital, Amman. This strategic partnership aims to modernize and enhance the efficiency of urban transport services for citizens, supporting the transition to advanced, environmentally friendly solutions that meet daily needs and improve the quality of life. The initiative also seeks to help build an integrated urban environment grounded in innovation and sustainability, aligning with the local community's aspirations. The agreement was signed by Mr. Saleh Rajab Hammad, Chief Executive Officer of Bank of Jordan, and Mohammad Attia Allimon, Chief Executive Officer of Amman Vision Transport. Amman Vision Transport expressed its appreciation to Bank of Jordan for its support, describing the partnership as a model for effective collaboration between the banking and service sectors that contributes to the advancement of public services across the Kingdom. Bank of Jordan reaffirmed that this agreement reflects its continued commitment to strengthening development partnerships and expanding its community impact by supporting national initiatives that improve the quality of services and provide sustainable transportation solutions for residents and visitors of the capital. This initiative further demonstrates Bank of Jordan's leading role in supporting national infrastructure by fostering collaboration between key sectors and expanding the use of smart solutions within the transport sector, creating a positive impact on the daily lives of citizens. It is worth noting that Bank of Jordan was established in 1960 as one of the Kingdom's first national banks and has grown since into a leading regional financial institution with operations in Bahrain, Syria, Iraq, and Palestine, alongside its strong presence in Jordan. The bank remains committed to providing a comprehensive range of banking services for individuals and businesses, supporting economic growth and sustainable development through flexible financial solutions that keep pace with an evolving financial landscape.
The National
30-06-2025
- Business
- The National
Dubai conducts landmark air taxi test flight ahead of 2026 launch
Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, hails flight as 'significant step forward' for ambitious air transport plans Dubai on Monday carried out the region's first electric air taxi test flight, ahead of a planned launch of commercial operations next year. Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, hailed the milestone trial as a "major step forward" in the emirate's long-term version to revolutionise public transport. The test journey was carried out by California-based Joby Aviation in partnership with Dubai's Roads and Transport Authority. "the test flight marks a major step toward launching full operations next year," Sheikh Hamdan wrote on social media platform X. "The all-electric aerial taxi represents a new leap in eco-friendly urban mobility — reducing travel times, enhancing quality of life, and advancing sustainable development. "This pioneering initiative is part of the UAE's broader vision to lead the world in innovation and the deployment of advanced technologies. Our nation's skies have opened to new possibilities, and the best is yet to come."
