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8/19/2022

Topic Reading-Vol.3782-8/19/2022

Dear MEL Topic Readers,
Green, cheap, fun, easy ... e-bikes fly
Last year, China recorded the strongest growth in the electric vehicle market with around 3.2 million EVs sold, an increase of 2 million EV units from 2020. In the meantime, China’s e-bike market is growing rapidly as well and the industry produced about four million units last year. It has already formed a solid network of research and development, production, supply chain, logistics, sales, and services. The e-bike market is expected to grow further as people have learned the benefits of economy, convenience, and eco-friendliness. In fact, there are over 300 million e-bikes running on the roads in China. With a huge domestic market, an already-established supply chain, and accumulating know-how, China’s e-bike industry may someday take over the market where Japanese motorcycle manufacturers like Honda or Yamaha are dominating now.
Enjoy reading the article and learning about how hot China’s e-bike market is.
http://www.chinadaily.com.cn/a/202208/15/WS62f98b02a310fd2b29e721a1.html

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