TAITRA officials say Taiwan e-bike exports increase 131% on eve of annual factory tour

By DeanYobbi

TAICHUNG, Taiwan (BRAIN) — TAITRA officials said Monday during an introductory press conference before its annual bike factory tour week that Taiwan’s e-bike exports grew by 131% by volume in the first three quarters of this year compared to the same time last year.

Officials also said the country is regulating e-bikes more for rider safety and battery fire concerns, promoting bicycle tourism in the coming year and continuing to make the area more bike-friendly.

The four-day factory tour for 22 journalists from around the world features visits to seven factories in addition to a day at the Iron Hill Cycling Sport Village in Taichung for new product launches.

According to the Customs Administration of the Ministry of Finance, Taiwan exported 452,000 e-bikes from January-September. Total e-bike exports by value were up 119.5% to $591 million compared to the same time last year. Exports of e-bikes to North America and Europe accounted for 91% of the total export volume. The top three countries that imported Taiwan bikes were the Netherlands (161,000 units), the U.S. (92,000), and Germany (34,000). By value, the Netherlands again led the way with $218.5 million, followed by the U.S. ($117.3 million) and Germany ($43.6 million).

Overall, export revenue of …read more

Via:: Bicycle Retailer and Industry News