Niu sold over 600 electric scooters in 000
By selling over 150 000 electric scooters in the fourth quarter, Niu ended another record year.
Despite the health crisis, the world's largest electric scooter manufacturer is doing well. In the fourth quarter of 2020, Niu announced that it had sold 150 electric scooters, up 465% from a year ago. 41.6 units sold, accounting for 137% of the Beijing manufacturer's sales. The remaining 586%, or 85 electric scooters, are distributed among the 15 international markets in which the brand is present.
Number of sales | evolution | |
China | 137 586 | + 35% |
International | 12 879 | + 197.1% |
Total | 150 465 | + 41.6% |
Financially, Niu achieved a turnover of 672 million yuan (86,4 million euros) in the fourth quarter of 2020, up 25,3% over the same period last year.
More than 600 electric scooters sold in 000
Just over 2020 Niu electric scooters were sold for the entire 600, 000% of which were in China.
Below are the manufacturer's quarterly results for the last year. Recall that weak results for the first quarter of 2020 can be explained by the Covid-19 crisis, which hit China much earlier than Europe.
China | International | Total | |
Q1 2020 | 34 316 | 5 844 | 40 160 |
Q2 2020 | 154 959 | 5 179 | 160 138 |
Q3 2020 | 245 293 | 5 596 | 250 889 |
Q4 2020 | 137 586 | 12 879 | 150 465 |
Total | 572 154 | 29 498 | 601 652 |