Analysis of the Prospects of China's Electric Bicycle Industry

Since the reform and opening up, the Electric Bicycle Industry has steadily developed and become an important means of transportation in China. In recent years, the production of Electric Bicycles has remained stable, with a population of 250 million units. The export scale has continued to expand, and the domestic electric bicycles have formed a pattern of two strong contenders and local dispersion.

Analysis of the Development Prospects of the Electric Vehicle Industry

1. Consensus on low-carbon travel and green environmental protection deeply rooted in people's hearts

2. The continuous improvement of urbanization level continues to benefit the development of the industry

3. The general trend of consumption upgrading is conducive to promoting industrial upgrading

4. Mature short distance delivery services promote industry development

5. Sharing Electric Vehicles to Stimulate Industry Development

Compared to Common bicycles, electric vehicles have a faster speed, longer mileage, and are labor-saving and convenient. Since 2018, the development of shared electric vehicles has been surging under the impetus of capital, sparking a revolution in transportation. Hellobike took the lead in sharing e-bikes, and then Didi launched Street Rabbit E Bike, Mobike and ofo into the battlefield. The development of shared electric vehicles is in full swing, and the demand for Electric Bicycles is greatly increasing.