NIU has published its global commercial results for the first quarter of this 2022. In them, the Asian giant has confirmed that they have been a total of more than 160,000 units of its electric bicycles and scooters that it has put on the streets of the whole world during these first three months of the year.
More concretely, in total NIU says that its factories in China have left a total of 163,659 units. With them, NIU certifies that it continues to be the maximum exponent in terms of production and sale of both electric scooters, bicycles and scooters. However, and despite the fact that the results it has shown are of a global nature, its local market continues to be the most important by far, since most of the sales harvested correspond to deliveries in the Chinese market.
If the numbers achieved by NIU in the first quarter of the year are broken down, a total of 148,987 units have been sold in China, which shows that more than 91% of its sales are achieved in its own market. In Europe, by contrast, NIU has barely managed to market 15,000 units, since it has remained at 14,672 sales, which represents only 8.96% of the total global sales of the brand.
Despite the huge difference in the total amount, the growth experienced between the two markets is much greater in Europe than in China, because while in China the numbers represent a growth of 3% compared to the previous year, the barely 15,000 units manufactured in Europe represent a superlative increase of 193.7% compared to the same period last year.
It should be noted that since NIU manufactures its models entirely in China, the results of the next quarter could be affected by the current phase of confinement that the Asian country is going through.
NIU will launch two new models in Spain in 2022; an electric motorcycle and an urban e-bike
NIU will soon launch two models in Spain destined to be located at opposite ends of its range. On the one hand, the Chinese brand will launch in our country a commuter-type electric bicycle designed specifically for Europe, the NIU BQi, which for 1,500 euros wants to offer up to 100 kilometers of electric assistance to users with an urban profile.
On the other hand, the electric mobility giant wants to have its own flagship in its model range, and the NIU RQi Sport will be in charge of playing this role. His technical sheet seems promising, as well as his design, a sports motorcycle with naked aesthetics. The RQi promises a range of up to 120 kilometers and a nominal power of 5 kW (the maximum power, the real one, will be higher) for 5,999 euros. In addition, given its equivalence to 125, it will be able to benefit from the Moves III Plan.