Niu’s Global Sales Hit the Skids, as Domestic Purchases Zoom

Electric scooter specialist blames Covid for overseas sales decline in first quarter, even as business in its home China market rebounds sharply in post-Covid surge Key takeaways: Niu Technologies is emerging as one of China’s top electric scooter makers The company’s international sales have stalled for pandemic-related reasons, but could rebound later this year as more normal conditions return and its distribution improves By Doug Young Electric scooter maker Niu Technologies (Nasdaq: NIU) is a story with many moving parts, some of which were on display in a Tuesday update…

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