Overall, the company\u2019s total sales volume increased to 163,659 units in the first quarter of 2022, marking a 9.4% increase in year-over-year growth.<\/p>\n
But much of that growth came from the international market, where NIU\u2019s electric kickscooters<\/a> helped bolster its electric moped <\/a>sales. Internationally, NIU sold 14,672 units for an impressive 193.7% year-over-year growth.<\/p>\n However, domestic sales in China grew by just 3.0% year-over-year.<\/p>\n January and February were both strong months for NIU in the Chinese market, where the company saw 91.6% growth year-over-year. However, supply chain shortages combined with manufacturing shutdowns related to government-imposed COVID-19 lockdowns resulted in a 24.1% decrease year-over-year in March sales.<\/p>\n NIU barely managed to hang onto positive growth figures in its domestic market for the quarter, but explained that several factors resulted in the lower than typical growth numbers:<\/p>\n The supply chain shortage and logistic disruption caused by the recent COVID outbreaks, especially in Yangtze River Delta area, has impacted our sales volume in March 2022, which decreased by 24.1% year-over-year. In addition, we temporarily suspended production activity in our manufacturing facilities in Changzhou for six days in March 2022 as part of the COVID control measures, and our manufacturing facilities have since been operating much below full capacity. Despite the impact of COVID outbreaks, we recorded positive year-over-year growth of units sold in China market in the first quarter.<\/p>\n<\/blockquote>\n NIU has several interesting products on the horizon though, which could further boost international sales. Its higher power NIU MQi GT EVO electric scooter,<\/a> which reaches over 100 km\/h (62 mph), has now landed in Europe and is headed for North American dealers in the next few weeks.<\/p>\n The company\u2019s long-anticipated RQi electric motorcycle<\/a> is also expected to make its debut this year, offering a lightweight e-moto option in Europe and North America that could compete with several interesting upcoming models.<\/a><\/p>\n NIU also has an exciting new electric bicycle model on the way to US and European dealers<\/a> that could shake up the e-bike industry across much of the West.<\/p>\n Electrek<\/em> recently had the chance to check out all three of those upcoming electric two-wheelers in person at the EICMA Milan Motorcycle Show<\/a> this past winter. You can see the new e-scooter, e-bike, and e-moto along with several of NIU\u2019s other popular models in the video below.<\/p>\n \n![\"\"](\"https:\/\/electrek.co\/wp-content\/uploads\/sites\/3\/2021\/11\/niu-mqi-gt-evo-header-eicma.jpg?quality=82&strip=all&w=1000\" "\\"Electric")
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