Electric two-wheelers are about to usher in a market battle for billions of dollars overseas

The penetration rate of two-wheelers in China is already very high. Looking ahead to the global market, the demand of overseas two-wheelers market is also increasing gradually. In 2021, the Italian two-wheelers market will grow by 54.7% By 2026, 150 million euros has been allocated to the program, and the association estimates that 11 million euros will be spent in 2021.

Britain’s Prince Harry has also been spotted riding an e-bike around his £10 million mansion in California, according to the Daily Mail.

As for the foreign market, some regions with large population scale and rapid economic development regard electric two-wheeler as the main means of transportation, and their market demand is no less than that of domestic European and American countries affected by China’s sharing economy, and they also accept the two-wheeler launched by Chinese enterprises in the foreign market very highly

The strong demand from overseas markets will provide tens of millions of incremental space for the production growth of Electric two-wheeled vehicles in China. Two-wheeled electric vehicles will also become a huge industry with a scale of hundreds of billions. With the globalization of the Belt and Road strategy, it will serve the travel of billions of people.

Compared with bicycles and motorcycles, electric two-wheelers have more space to go out to sea. China’s bicycle production will reach 70 million in 2020, among which overseas accounts for more than 80%; The output of motorcycles is 17 million, of which overseas accounts for more than 40%. The annual output of electric two-wheelers is about 40 million, of which exports account for less than 5%,In the overseas market policy and product driving force, electric two-wheeler export has a large room for improvement.

Motorcycle electric + bicycle upgrade electric scooter, are billions of market

Under the global energy conservation and emission reduction, restrictions on motorcycle use are constantly introduced in various countries, which promotes the sales growth of electric motorcycles. At the same time, the cost performance advantages and performance advantages of electric motorcycles are also constantly improving. The main demand for electric scooters comes from developed regions, which is to switch from bicycles to electric scooters powered by electricity.

The price of electric motorcycle is about 6000 chinese yuan, the overseas sales is more than 20 million chinese yuan per year, and the corresponding market size is more than 100 billion chinese yuan.

The price of pedelec is about 10000 chinese yuan, the overseas sales is more than 20 million chinese yuan per year, and the corresponding market size is more than 200 billion chinese yuan.

Domestic electric two – wheeler IOT to the sea obvious advantages

From the point of electric scooters, electric scooters overseas firms are in early development, part of the transformation for fuel motorcycle company, give priority to with high power and long range performance car, volume small, the unit price is high, the market concentration is low Domestic brand has a mature industry chain, scale cost advantages, the continuous construction of overseas channels, and expect the future is expected to occupy more than 60% of the market share.

 Smart technology is more popular

Tbit’s smart Electric car system allows users to use their mobile phone as a key. When the phone is attached to the car, it will automatically unlock the car as soon as it is close to the car. When the phone is away, the car will automatically lock.

According to the street interview of foreign media, foreign customers are very interested in a series of intelligent configuration of electric motorcycle and electric bicycle products, especially the control of the vehicle through intelligent technology,Some of these features implement technology we’ve only seen in cars before,Support GPS, Beidou, base station triple positioning attitude sensor vehicle OTA upgrade and so on.

Tbit intelligent electric vehicle system is equipped with GPS / Beidou / base station triple positioning and attitude sensors, which can maximize the safety of the electric vehicle, grasp the trace of the vehicle at all times, and prevent it from being lost or moved. When the vehicle changes, it will send push information to the mobile phone at the first time to help users find and prevent car theft in time. Ota is similar to Tesla’s upgrade of smart cars. Through OTA, users can continuously experience more optimized operations and even get new functions that have never existed.

For more details, please visit Tbit website:
https://www.tbittech.com/


Post time: Aug-24-2021