E-bikes, mobility and connectivity
Taiwan’s bicycle industry faced hard times in 2015, 2016 and 2017. How hard those years were, is shown when looking back to the export figures for the first half of 2017. For that period the Taiwan Bicycle Association (TBA) reported a decline of close to 25 percent in units as well as in value!
That the Taiwan industry is now back on track has all to do with the fact that it managed to reinvent itself. Instead of Mountainbikes and sports the new focus is on e-bikes, mobility and connectivity. The upcoming Taipei Int’l Cycle Show, being held from March 27 to March 30, 2019 will reflect this turnaround.
2.2 million exported bikes
According to the figures released by Taiwan’s Customs Administration and the Ministry of Finance, the total for the number of exported complete bicycles as well as e-bikes stood for the whole year of 2018 at 2.21 million. This number increased by 11.4 percent on the export total of 2017. Value-wise Taiwan’s bike export increased by 11.3 percent on the 2017 value. Last year’s bike export from the island off the coast of China stood in value at USD 1,359 million or euro 1,198 million.