The decision to cancel the Taipei Cycle Show 2020 was not taken easy. It was in fact one of the first international trade shows that was hit so badly by Corona, but many more would follow suit. In the beginning, postponing events was still seen as a solution, awaiting better times. But these didn’t come as quickly as expected and Taiwan’s industry had to wait to showcase itself to the international industry.
At the start of the year, exports accelerated quickly with year-on-year monthly growth percentages reaching 75% and more in January and February. The impact of the pandemic which started late February, early March in Europe was inevitable and reflected in the export statistics. In response to the lockdown including the closure of IBDs, orders were cancelled in panic. Soon, it was clear that demand for bicycles and e-bikes started to rise considerably as it was regarded as the safest means of transport in urban areas and people started to cycle for exercise and fun.