Merida’s earnings rise led by post-lockdown e-bikes sales

YUANLIN, Taiwan - Taiwan's second largest bicycle manufacturer, Merida Industry Co., is not known for communicating detailed business figures. However, recently released data shows a reduction in delivery volume and value, but what counts the most is the bottom line: thanks to e-bikes, for example, earnings were able to move up into double figures.
Merida headquarters in Yuanlin, Taiwan – Photo Jo Beckendorff