The Shanghai, China-based e-drive manufacturer Ananda Drive Technology reported a year-on-year revenue increase from CNY 1,528.34 million (€197.22 million) in 2024 to CNY 2,004.28 million (€258 million) in 2025. Compared with the revenue growth, the income increased only marginally by 4.7% to CNY 115.04 million (€14.8 million) in 2025. This had severla clear causes, according to Ananda.
The demise of Porsche eBike Performance came at a significant moment for the e-bike drive system market. The company was founded in 2022 by Porsche AG and the Pon investment vehicle Ponooc. After they entered the sector in 2022 through the acquisition of Fazua, Porsche communicated it would likely present its drivetrains in 2026. That never happened.
Chinese drive-system manufacturer Bafang says its products are currently used on more than 20 million e-bikes worldwide. To support that scale, the company has focused on streamlining production and increasing automation at its manufacturing facility in Suzhou, China.
Automated guided vehicles shuttle components between assembly stations while robotic machines operate across three floors of production space. At Ananda's Wuxi facility, manufacturing scale and vertical integration have become central to the company's ambitions in the global e-bike market. The Chinese drive system manufacturer is building what it describes as a "closed-loop" manufacturing ecosystem: one that aims to deliver both volume and reliability. Bike Europe visited the Factory Floor to discover the industrial philosophy behind… Ananda.
You'd have to have been living under a rock to have missed the 'power-play' that Avinox has brought to the market in the last couple of years with its high-power motors. Until now, the motor manufacturer hadn't articulated its full stance on power and why it's pursuing maximum peak power with its systems. Today, it has pushed back on what it calls "misleading opinions" coming from within the industry.
The e-bike and e-kit business of Yamaha Motor faced a challenging business environment, with demand falling short of expectations in certain markets. The Japanese company reports in its 2025 financial overview that revenue declined 4% year-on-year in its smart power vehicle (SPV) business, which includes e-bikes, e-bike systems and electrically powered wheelchairs.
