E-Bike Upcoming Category for Taiwan

TAIPEI, Taiwan – The transition of Taiwan from a bicycle to e-bike exporting country has really picked up. Nevertheless, statistics from the country’s Bureau of Foreign Trade show that the decline of the export volume of bicycles is at a much faster pace than the growth of the e-bike market. Obviously, the higher average price of the e-bike brings a lot of increase in export value, but will it be enough to compensate for the losses in bicycle sales?
Demand for Taiwan-made bicycles decreased at such a level that the higher price per product was not enough anymore to compensate for the loss in volume. – Photo Bike Europe