E-Bikes Boost Merida Revenues

TAICHUNG, Taiwan - Merida's e-bike shipments reached 93,300 units in the first seven months on this year up 63 percent or 57,000 units on the 2017 total for the same period. Financial analysists report that the company could see e-bike revenue contributions to rise to 30 percent of its total sales this year, from 20 percent last year and 10 percent in 2016.

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