the Thank representing quarter volume you was for a XX.X%. call joining XXX,XXX year-over-year our total today. on everyone In fourth units, XXXX the us of sales decrease of
XX.X% market by year-over-year XXX,XXX units about decreased by XX,XXX and to in in sales XX.X% market sales the China Specifically, overseas drove the units. the to
for the sales [ph], XXX, a representing year a year-over-year billion] wrap of XX.X%. Total which been for the significant decrease year a X.XX was for units of entire challenges entire XXXX, revenue revenue decrease XX% year-over-year. in QX [RMB up XXX us. This volume [ph] results RMB Total [decrease/increase] was a million, XX.X%. total year XXX has of was The with financial
about QX headwinds COVID in XXXX. resurgence battery prices markets stemming and in in our from China dropped starting lithium-ion in China by units. sales face particularly, the Now, increase year-over-year the operations market uncertainties XXX,XXX to The the total from the XX%
Our RMB in total market the about dropped [ph] billion] to [about in XXXX. China revenue XX% X.XX
only the delayed the several R&D where to we’re peak to long also resurgence the lockdown launch center market several disrupt demand, Shanghai in unable month COVID due us products, is key the our XXXX The in not release key to causing until products located, sales period. miss of September but
lithium March for lithium-ion for impact battery from material But Apart down rate COVID [throughout] also XXXX, us battery since the used the disruptions, raw a lithium-ion lithium-ion penetration of [ph] the faced the on battery more had from hikes majority of significant our market. nearly slow hikes XX% the e-scooters the significantly we electric increase sharp a batteries. price since two-wheelers The had headwinds price experienced price China
gross a had to maintain and premium increase QX we optimize of product by our started healthy the X% To our portfolio XXXX. in XX% to price to margin, average towards product of
the QX a volume growth, and XXXX decreased to impact. quarter As XXXX in the result, XX% quarter year-over-year we of a year-over-year X, the X XX% the lithium due where have by sales for to achieved price QX except
more XXX,XXX XXX has in in kick sales scooter with year-over-year scooters, sectors, behind mobility growth to to type year-over-year a million. the the the for specifically remarkable XXXX significant in micro XX% increase in force a accounting than coming a international experienced our the The units units, main sales. search unit Now, about growth market XXX% revenue XXX,XXX was RMB driving to
market in was However, the The market of most of led XXXX. two-wheeler XX% the decline the market electric the XX% of of to a total XX,XXX in share sales due in share raise additional electric [indiscernible] not XX,XXX in two-wheeler a the which did decrease electric for of overseas. over to sales operators shutdown drop selling share to for the sales units, nearly loss a as sales in total capital two-wheeler mainly The accounted units drop in expansion.
sales our market battery XX% price lithium in motorcycles battery the market, the tubulars in us the the overseas market challenges selling like the increase rate lithium by had price also exchange The selling China impact from of increased coupled market [euro] faced Now, in rising increased previously. of Dollar the sold hike we average U.S. in the our consumer to particularly where of the [ph] Europe. to electric European our price that and price XX% with electric necessitated
market. has reflect lithium-ion shift [the [ph] battery products, penetration year, we the our prices in ion on impacts as lithium Now, significant the level uncompetitive this and operations. entry representing past motorcycle the XX% the reversed surge electric has they market and on] dynamics XXXX on negative China, in in sales render bicycle market volume in our In of
of international increase, in or XXXX. of electric be share that and we market adapt essentially shutdown market not market, our make that revenue. volume one-half the of sales tubular the recognize the We adjustments of temporary to the conditions one-third tubular both lithium-ion may battery than shift electric besides in to the start In zeroed change our to strategic more has the
quality and XXXX, long a sustainable resulting take but growth Those the short-term in in time some it would setbacks run. in create adjustment did
focus lithium-ion a the product XXXX, mainly advantage and focused In in development the product products premium Niu China XXXX. i.e. entry cost. market, lines, in lines on we the high-end market the to level have low we battery taking shifted First, to of product in [indiscernible] products our mass R&D
impact products gross lithium-ion price increased. negative revenue those search, battery a one-time contributed level although margin a on had the once it entry However,
to the drive well. shorter as Additional the and suffered recognitions due image customer brand range
to development us improve allowed to both and In low our mid-end [indiscernible] product introduced XXXX, [indiscernible] battery on asset at we graphite solutions electric pivoted premium motorcycles, We lines our product focus products. strategy cost. and further back for bicycles for which
and strengthen our was mid-end and that the position lines margins enabled our product improve product us brand from To [indiscernible], Our of lines at so SQi gain in highlight and XXXX, mention functionality I'd market. new sales prices. achieve in like practically product development the and to high-end the part high-end on volume far enabled the us affordable revolution achievements our UQi+ to mass to to the long-term our recognition combined market
with X X SQi material months in The the It X,XXX and motorcycle the market. the at debut for innovative RMB product technologies for customers by SQi deliveries. cutting high-end market our is was design to electric bicycle well plus most received like waiting edge boost [indiscernible] priced with
on our series. life U that capability been ready widespread has UQi+ brand testament XX,XXX nearly enhanced a new trends additional leadership launch media for generated at The garnered and The functionalities in to significant have popular XXXX. personalization new its product improved positive units all-time addition with is planned that the UQi+ has smart and to controls, designs, the ordered most is QX a and social attention since UQi+ newest alone. products more we our first creation with month reception in This exciting economics
a to over product the about series [VX] simplistic the style, Now, line, a GX bicycle XX% larger introduced is electric and It's were on a capacity, with light [VX] with it charge the XX% popular kilometer of [ph] upgrade we batteries. our design and large electric FX, asset is with released with in was [ph] and but battery XXXX. which GX and in on the motorcycle range factor. a form mid-end XXX XXXX graphite GX The design than single –XXXX XXXX.
XX% with peak lithium-ion was three the probably season, during by in also late quarter designed sales focusing those we in and missed Even our start September, by ASP exception quickly just to introduced though reclaim XXXX. the GX, of we're battery the cost which and the the margins. products hikes product more gradually the QX months mitigating XX% all end fourth than our newly on strategic work also of This to impact gross us This the the in launch. the products, introduced premium increase quarter-over-quarter helped represent adjustment of of
strategy the and pivoted investment continue the Now, premium also to a to fueled user introduction but also better us brand. This our focused help product to centric. UQi+, be get on enhancing new marketing by SQi ROI allowed our of marketing and product
XXXX, example surrounding products Just views in our across platforms. all the marketing the UQi+ of to X.X a campaign new SQi resulting the list launch of and in a billion few total of
events. We XX also what, innovative [ph] [a new to] a new plus influencers local mean, to program launched also user ambassador new core host strategy, I and were centric co-create with users marketing
ambassadors XXXX During Scooters demonstrated mobilized shows. World Cup. we seeing the Scooter from those customized new World and our for World painted elements [Indiscernible] the shows, Scooter Cup, Cup
in gain scooters demonstrated social X.X China's just a total platform across million weeks. Those views media two of
the beyond international our beyond years. the diversified European has the past expand our electric geographic that for strategy portfolio market, regions the main in two-wheelers product market been two Now,
new in the investment markets early This new strategy red market process. market success the partially electric offset improving products growth as in demonstrates over credit and line in new the has the share in XXXX in product upfront and two-wheeler the downturns new only the
$XXX. since portfolio expansion, mix of the and to achieved scooter with introduced in launched last category low-end awareness the our at strategically this mid in price priced we'll product gradually have $XXX the early start and On electric quarter and category enter in has from high-end in the XXXX and $XXX the ranging brand we market, the product product to XXXX kick with product establish We success $XXX scooters. and [indiscernible] kick
brand slow a by Award mobility Niu helped a was new initially entered Riders' company the ramp awarded the caused scooter building presented that the best up with Choice categories. the XXXX as strategy This in micro award.
KX as TechRadar] media some [indiscernible]. tech product such [Tom's of also received high-end the top [ph], from Guide, Our and the coverage outlets
a Amazon. sales focusing gradual channels, on with also of online category, launched In channel, terms scooter took like first kick we the approach
the in multiple offline kick due online primary Ready at towards sustainable on Best in Amazon Number in list XXXX though Number Our like solid second Prime the campaigns. and Europe Day models beyond. in the North momentum ranked growth and foundation channels, in XXXX the U.S. enter during to we half for believe [indiscernible] the from first, Amazon Buy countries America of scooter those We approach, with X, the network sales bestseller slow Europe to XXXX. X started and
Southeast Indonesia to grow stores Asian transition two-wheelers gas that regional high-growth with market Asian the effort our the to the in expansion the we market, hope as of continued spend the range wide those in network. traditional the from two-wheeler working partners number and opportunity we of with on Southeast local we fuel sales market, Now, in electric two-wheelers. a a we expanding sector, the in and In mainly part of trend Thailand, Asian in see Southeast market Nepal, the growth electric
be to effort scooters during GXX police transportation. by the the used Bali, Niu XXXX, product electric local In in to support government's to Indonesian Summit green national provided officials
a Now, sales as market electric year-over-year. result Southeast of from in the the efforts, nearly two-wheeler those XX% increased Asia
our of with promote to direction. marked the to living, in committed as customers We the smart we're vehicles in first in another environmental-friendly our impact year Lastly, advocate reduce to two-wheeler – of our sustainable that entire our dedication providing ESG XXXX also report industry development year. the help environment. released eco-friendly this
riding reached cumulative billion which the of vehicles. means a billion today, data kilograms of with reducing compared X carbon kilometers, few XX emissions, As
with to users spread our included trash new campaign a has take review, global in the been technology, a initiative positive its Guatemala. in green impact futures across launched Day [indiscernible] the further brand on four areas, idea journey campaign To like and up places since in the global during in at [ph] our The Sustainability XXXX. inception sustainability Earth we our we core building pride making sustainability which continents public [Bali] the users. of through of and Day cleanup, mobilizes clean including Earth a
with the to recover pre-price we QX to we is delay growth impact have confident a increase adjustment made to and our starting XXXX. the adjustment compared launches When due QX of and in XXXX to in sign into XXXX shows price we in QX. negative on Now that regain XXXX, XXXX impact XXXX are product still to QX behind basis, a strategic a positive in us, hope year-over-year a
believe with the China development XXXX product market. Now, to and we regain year growth the and are in sales for we place, the the able in whole marketing, branding as and overseas channel strategy both in expansion
on this with Now, the particularly continue leadership, mid-end drive X,XXX-plus to growth premium retail optimize segment efficiency drive new quality the the we'll our franchise improvement the products focused marketing in to same-store and the market, to growth in stores. product in China user-centric ROI
motorcycles, QX this from few new high-performance a covering Gova side, series, in China, starting motorcycles On focus for Those product plan we premium the a will battery, We product year. bicycles be from our product the on XXXX. key product have with China light battery products powertrain high-end series, lines premium on lithium XXXX, QX [FD] NCM platform to mid-end [ph] started they batteries. graphite will with electric schedule in those in and and led-acid released to lithium development
differentiated mobility, extend co-branding our Now, leading driven may product propositions, and and Niu continue also lifestyle. strategy, we urban to product as by on market brands the in focus the just with [philosophy] [ph] expand to unique a central for [indiscernible] beyond product. lifestyle brand company building similar Besides this our with we initiatives plan
[XXXX] Razer brands each XXXX, successfully designed partner, lifestyle In we and continue we model [ph]. with to in global with such and leading plan like Diesel product with co-branded launched collaborations success
same-store that XXXX, [pilot sufficient] crucial and have aftersales channel, sales [ph] drive services. driving stores sales test the recognize to on which launched as offline improvements focus a initiatives QX to in center Now we
the are from store, approach, and retail to experience able provide offline online. for users And stores. this supporting and our We sales number generated better after-sale our [indiscernible] for OXO we're our to with pre
project a create to materials standardize optimize and consistent, a high-quality each launched store also brand image. the and to store have marketing layout for We
will to growth. Additionally, in we help their traffic Those better and stores conversions. digitalization platforms, program aid resulting achieving have a initiatives product same-store and stores health potential X,XXX over showcase the
to two expansions. we'll effort significantly the will diversification last in start focused revenue and both diversification for both our and portfolio product strategy growth the with Now, in contribute in market, years the the process. international laser remain in geographic Those
offline, micro-mobility with a of both comprehensive the We'll has growth in establish Media with XXXX. category, channels portfolio like the XXXX and on a growth XXXX, in micro-mobility Markt. Buy partners sales retail it product First, Xx and the growth volume the been high and in building on near superfast segment Best with continue
also product With the comprehensive to options XXXX plan refreshing the layout enrich mix scooter keep kick product our XXXX, in product in users. our to we for offerings
launched over product, is the kick U.S. e-bike lightweight recently officially besides with BQi miles. our March Now first The with BQi swappable scooters, in maximum XXXX. market CX the a batteries two also riding of we XX CX two-battery to e-bike distance
Now, stores will [ph] the plan channels near with network Best [sold States the along with established CX up future. the online sold built last year, within] the the the Canada XXX-plus in sales be Buy be we and United BQi in in to
having foundation micro-mobility and confident Now profit. XXXX in both and and substantial in accelerated XXXX, will invested three to the since the in growth product building building, market the brand the revenue last in are we that contributions will lay make in portfolio channel both out drive years
market we Now setback, of a in the the had electric due operation share categories, to shutdown in XXXX. two-wheeler
expansion on be expect expansion. to We XXXX and through path again fast the growth product in geographic
in order all do hyper products plan to motorcycle, On the side, in electric compete RCi product offerings, new Europe. capturing we growth the quite in as electric the demand to such product the performance two-wheeler
Indonesia, Southeast [ph] countries underway, annually. market trials and up which expect [petrol] geographic this launch partnering swapping we we the solutions Thailand. motorcycle Asian Asia, the growth several XX Those than in XXXX, already expansion key by like batter more plan will to build on in the we million hosted Southeast sales in finally to for are us, On operators have with the products open enabled the achieved and
market, XXXX. to million XXXX, are million total expect Now, growth, compared a for volume strategies sales units China those to our X.X in as and representing XX% to with X implementing grow XX% we to both growth international we
financial will Fion, to over results. CFO, I through go our to our the call turn Now,