BRUSSELS, Belgium - The European Commission has agreed on the final judgement of the General Court of the European Union and imposed anti-dumping and anti-subsidy duties on e-bikes from China made by Giant Electric Vehicle (Kunshan) Co., Ltd. The Commission also decided to lower the duty from 24.6% to 13.8%.

LUXEMBOURG - The anti-dumping case on e-bikes imported from China might enter an all-new chapter after the first level judgement of the European General Court. The court has annulled anti-dumping and countervailing duties implemented by the European Commission back in 2019 on e-bikes made in China by Giant Electric Vehicle Kunshan Co. Ltd.

TAICHUNG, Taiwan - Thanks to a strong e-bike demand as well as favourable exchange rates, Giant Manufacturing Co. Ltd. saw its net income grow by 31.8 percent in the first half of this year. Consolidated group revenue increased by 7.9 percent up to a total of TWD 29.17 billion (€ 830.2 million).

European Union Commission has published what it calls a 'MET Disclosure Document'. This stands for "Assessment of Market Economy Treatment"