Upgrading China’s Bike Industry

China’s bicycle industry has been developed rapidly. In 2006, the total bicycle output has reached 85 million across the country with the export of 56 million, which accounted for 70 percent of the world bicycle trade volume. Electric bicycle industry has grown rapidly during the recent five years, and the annual sales reached 19.5 million in 2006 with an increase of more than 60 percent compared with that in 2005. Seeing the change from heavy bicycles and light bicycles 10 years ago to sport bicycles and folding bicycles today, we can find the quality level of bicycles is increasingly high. Electric bicycles also have developed from only one or two old simple types in early time to nearly 100 styles of luxury, light motorized and high-grade lithium battery at present. Big change and rapid update shaped the first feature in the bicycle market.

AEVIA Reveals the Source

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