E-Bikes Profitable If Not Perfect
China’s biggest electric bicycle maker is Xinri, which is located in Wuxi in Jiangsu province, a town that produces 3.5 million e-bikes a year. At the 2008 Beijing Olympics, Xinri provided electric bicycles and an electric car for use by police at the landmark Bird’s Nest stadium. The company had sales of more than 2 million units last year.
Other market leaders include Jiangsu Yadea Technical Development Company, known as Yadea, which makes electric bicycles as well as scooters.
Luyuan Electric Vehicle Company, set up in Jinhua in the industrial province of Zhejiang in 1996, has 1,800 workers and its 12 production lines can produce up to 1 million bikes a year. Top-shelf e-bikes usually carry four lead-acid batteries, which weigh as much as 28kg.
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