Niu Technologies (NASDAQ:NIU) reported a sharp increase in first-quarter 2026 revenue and China sales volume, as management said growth in electric motorcycles offset weakness in electric bicycles during a period of regulatory transition.
Chief Executive Officer Yan Li said total sales volume reached about 261,000 units, up 28.7% year over year, while revenue rose 33.4% to RMB 909.52 million. Chief Financial Officer Fion Zhou later cited total sales volume of 262,000 units, including 248,000 units sold in China and 14,000 units overseas.