According to China Customs survey data, China’s export volume of two-wheeled electric bikes has exceeded 10 million for three consecutive years, and is still growing every year. Especially in some European and American countries and Southeast Asian countries, the electric bike market is in a period of rapid growth.

Two-wheel mobility business will be better with the policy

The reason for this situation as below shows, on the one hand, due to the severe epidemic situation abroad in the past two years, two-wheel electric bicycles have become the preferred mode of transportation for people’s daily travel due to the country’s epidemic prevention requirements.

On the other hand, in recent years, many overseas countries’ policies have benefited the electric bicycle industry: in particular, some European, American and Southeast Asian countries have successively introduced subsidy policies to encourage people to ride.

For example, the Dutch government subsidies can reach more than 30% of the purchase amount; the Italian government encourages alternative travel and provides subsidies for citizens to purchase bicycles and scooters, up to 500 euros (about 4000 yuan); The French government has formulated a subsidy program of 20 million euros to provide 400 euros per person with a transportation subsidy for employees who commute by bicycle; the German government in Berlin re-planned road standards, expanded temporary bicycle lanes, etc., so that there is an in short supply of electric bikes scene;

India approved national plans for electric bikes, and the tax rate for electric bikes was reduced from 12% to 5%; Indonesia followed the trend of electric bikes; the Philippines vigorously promoted the electric bike industry; the Vietnamese government announced that it would implement a “motor ban” in the country. Among them, Ho Chi Minh City will ban motorcycles from 2021.

The number of sales about smart products/e-bikes has increased

Many favorable factors have brought huge returns to the domestic electric bike export business, especially the smart electric bike market. At present, the European and American electric bike market is undergoing changes. Some high-end, smart, safe, personalized, and high-tech electric bikes are most popular among users. Superimposing the local government’s subsidy policy has further stimulated the sales of electric bikes. This is also the case that since the outbreak of the epidemic, domestic electric bike companies and some electric bike smart solution providers have continuously staged the “speed and passion” of the overseas electric bike market, continuously launching various smart models and smart solutions. Overseas two-wheeled electric bikes are experiencing an opportunity for intelligence, high-end and globalization.

As an smart solution provider for electric bikes, TBIT has provided positioning tracking services for more than 80 million bike users worldwide, and the export volume of electric bike smart terminals has exceeded 5 million. TBIT is one of the world’s largest suppliers of positioning equipment for electric bikes and motorcycles.

With the popularity of smart electric bikes in overseas markets, we have also seen that overseas markets have a wide range of demand for smart products, and TBIT’s smart solutions for electric bikes contain a huge market.

Especially in recent days, orders have skyrocketed, and all employees are working overtime without stopping. In the workshop, employees are busy operating machines, and the entire assembly line is running smoothly. The entire line of equipment has achieved efficient operation, and everything appears busy and orderly.

Coupled with the scarcity of electronic chips in the world this year, many raw materials have skyrocketed, and shipments from the TBIT factory are also in short supply, and the GPS order schedule has been scheduled to the second half of the year.

The production philosophy of superior quality and timely delivery runs through the entire production chain of TBIT. Market demand is changing with each passing day, and TBIT uses every breakthrough and innovation to improve quality and efficiency, and gradually build a trustworthy company. TBIT also insists on making the most professional and best products for customers, and at the same time guaranteeing the quality of the products, we can safely deliver the products to the customers. 

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