Nanjing Lishui pursuing European expansion despite market uncertainties

NANJING, CHINA – With an annual revenue of €25.6 million last year, Nanjing Lishui, has increased its production capacity to around 1-1.5 million e-bike controller units in recent years. Despite the booming bike market since the pandemic, the company is experiencing a lot of negative uncertainty, but this isn't holding back the European expansion ambitions. “Nanjing Lishui will swim with the tide and pursue advancement to face the ‘new normal’ with complexity and uncertainty,” confirms director Hsu.