Japanese E-Bike Production Dropping Rapidly

TOKYO, Japan (17 February 2000)–After years of strong growth, EPAC production and sales in Japan are declining rapidly. In 1998 Japan’s electric bicycle production dropped 7.6% to 213,156 units and domestic sales were down 5.2%. Things got worse in 1999. During the first 11 months of last year EPAC production dropped 35.9% to 128,414 units.