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Electric Bicycle Plant Being Built in Tianjin

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TIANJIN, China (Mar 24) 23 – Tianjin Fushida Electric Bicycle Co. Ltd recently launched the construction of an electric bike plant in Tianjin Development Zone in north China. Upon completion, the plant involving an investment of 15 million yuan (€ 1.3 million) will become the largest electric bike development, research and production base in China. […]

TIANJIN, China (Mar 24) 23 – Tianjin Fushida Electric Bicycle Co. Ltd recently launched the construction of an electric bike plant in Tianjin Development Zone in north China.

Upon completion, the plant involving an investment of 15 million yuan (€ 1.3 million) will become the largest electric bike development, research and production base in China.

Since its founding 10 year ago, Tianjin Fushida Group is now capable of producing 400 kinds of bikes. It exports more than 4 million bikes annually to the U.S., Germany, Australia, South Korea, Japan and other countries. The group’s bike export accounts for the half of the total export in Tianjin.

With the official production of the new plant, the group will turn out 500,000 electric bikes in three years with an output value of some 700 million yuan (€0.6 million). (Source:Asia Pulse)

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