Giant To Sell 600,000 E-Bikes This Year

TAIPEI, Taiwan – Giant Manufacturing Co expects to sell about 600,000 e-bikes this year. If the company actually lives up to this expectation, it will exceed outlooks previously expressed by the company’s chairwoman Bonnie Tu. The sales success comes while Giant is investing heavily in its second production facility in Europe. This new plant in Hungary is focused on assembling e-bikes and production is planned to start this fall.