China Low-speed Electric Vehicle (LSEV) Market Report 2020: 30.58 Million Units by 2020 - Market will Further Expand with the Popularization of Shared Electric Bikes
Share this article Share this article ResearchAndMarkets.com's offering. The output of electric bicycle in China in 2019 hit 27.08 million units, up 6.1% yr-on-yr. The figure amounted to 25.48 million units from Jan 2020 to Oct. 2020, up 33.36% yr-on-yr. The figure is expected to be 30.58 million units by 2020. The market will further expand with the popularization of shared electric bikes. Electric bicycle As for industry competition, the electric bicycle industry faces a new round of reshuffling since the release of the new national standard of electric bicycles in 2019. On the one hand, i...
Source: prnewswire.com