EBMA: E-Bike Anti-Dumping and Anti-subsidy Measures Re-Shore Thousands of Jobs
BRUSSELS, Belgium – “Re-shoring of e-bike (Electric Power Assisted Cycles, EPAC) production will immediately create up to 4,600 new jobs, if definitive anti-dumping and anti-subsidy measures are imposed on imports of EPACs from China,” according to the European Bicycle Manufacturers Association. By January 19, 2019 the European Commission has to announce its decision on these measures as well as how high the combined anti-dumping and anti-subsidy duties imposed will be.
Of course there’s still a chance that the e-bike measures will not be adopted as the EU member states will vote on it mid-December. However, it is not very likely that the 28 member states will be against imposing measures. The consequences of these measures are already noticeable and are caused by the provisional anti-dumping measures. Since the imposition of the provisional dumping duties in July 2018, e-bike exports from China to the EU have dropped significantly. According to EBMA “There have been only approximately 10-15,000 units per month in August through October, while the Chinese e-bike exports peaked to an average of 100,000 units per month from January to May.”
EU SME supply chain is largest beneficiary
The manufacturers association claims that bicycle producers all over the EU are benefiting from the dropped imports as importers are switching to OEM assemblers in Europe for sourcing their e-bikes. “Thanks to the re-establishment of the level playing field on the EU market, smaller EU bicycles producers and OEM assemblers have also been able to make the investments needed to start EPAC production. Many EU e-bike importers, which previously sourced from China, have entered into new business relationships with (OEM) assemblers in the EU. The additional EPAC units that will be produced in the EU thanks to the anti-dumping and anti-subsidy measures (should they be imposed) are estimated to be more than 900,000 in 2019, and SMEs in most of the EU Member States will benefit from the re-shoring.”
EBMA’s Secretary General Moreno Fioravanti says “The re-shoring of EPAC assembly will furthermore create up to 4,600 new jobs in the EU e-bike production and supply chain as early as the first half of 2019. The large number of EU bicycle producers will ensure a competitive and innovative environment, offering the EU consumers a large and diversified portfolio of attractive EPACs in all price ranges.”