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Taiwan records 21% increase in electric bike exports: trade body

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Taiwan information 21% enhance in electrical bike exports: commerce physique

Taipei, Sept. 15 (CNA) Taiwan noticed electrical bicycle exports within the first seven months of this 12 months hovering 21 % in quantity from a 12 months earlier, bucking the downturn of virtually 30 % within the export quantity of conventional bikes, the Taiwan Exterior Commerce Growth Council (TAITRA) mentioned Tuesday.

Throughout a information convention by which TAITRA introduced that the 2021 Taipei Cycle Present will likely be held in March, Walter Yeh (葉明水), council president and chief govt officer, mentioned Taiwan has benefited from robust demand for electrical bikes from Europe and america.

Knowledge compiled by the TAITRA reveals that Taiwan bought about 410,000 electrical bikes within the seven-month interval, up 21 % from a 12 months earlier, whereas conventional bike shipments fell 29.69 % to some 905,000 items.

In line with Yeh, electrical bike exports to Sweden alone from Taiwan within the seven months soared 323.74 % from a 12 months earlier when it comes to quantity, exports to america grew 49.12 %, exports to the Netherlands rose 16.91 % and exports to Germany elevated by 15.29 %.

When it comes to gross sales worth, electrical bike exports additionally rose 18.03 % from a 12 months earlier to US$523 million within the seven-month interval, whereas conventional bike exports fell 22.38 % to US$583 million, in accordance with the TAITRA knowledge.

Large Manufacturing Co. and Merida Business Co., two main bicycle manufacturers in Taiwan, mentioned the robust world demand from shoppers eager to make use of electrical bikes as transportation instruments or for “staycations” amid the COVID-19 pandemic, their factories have been working at full pace.

Within the information convention, Merida Chairman Tseng Music-chu (曾崧柱), mentioned the bicycle trade had been feeling the pinch of the COVID-19 pandemic, which has led to huge lockdowns worldwide, however with financial restoration, his firm has been seeing orders coming in and its manufacturing capability has been absolutely booked into March 2021.

Equally, Bonnie Tu (杜綉珍), chairwoman of Large, famous that biking has turn into a well-liked motion in lots of international locations and, based mostly on orders the corporate has acquired, has its manufacturing capability absolutely booked, a state of affairs that’s anticipated to proceed into subsequent 12 months. In the meantime,

Robert Wu (吳盈進), chairman of motorcycle elements provider Kuei Meng Worldwide Inc., mentioned that many European international locations have provide you with subsidies for bike purchases or are constructing devoted paths for biking, which has offered a superb alternative for Taiwan’s bike trade to hunt a better market share.

In line with TAITRA, the 2021 Taipei Cycle Present will likely be held within the Taipei Nangang Exhibition Middle from March 3-6.

Along with a bodily exhibition, the commerce present can even present on-line conferences for distributors and potential consumers as many individuals will likely be unable to attend in individual as a result of COVID-19 journey restrictions.

TAITRA additionally mentioned a web-based exhibition will begin on March 3 and proceed for one month.

(By Liang Pei-chi and Frances Huang)



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