In recent years, the global electric bicycle market has shown vigorous growth. With the acceleration of urbanization and people's increasing awareness of healthy travel and environmental protection, electric bicycles have gained favor from more and more consumers as a convenient, economical, and eco-friendly mode of transportation.
In Europe, the electric bicycle market has continued to expand. In countries like the Netherlands and Germany, well-developed bicycle lane infrastructure and government policies encouraging green travel have made electric bicycles an important choice for daily commuting. The Asian market has also grown rapidly. As the world's largest producer and consumer of electric bicycles, China is experiencing an upgrade in market demand, shifting from traditional commuting needs to diversified demands such as leisure and fitness.
Market prosperity has attracted numerous participants, intensifying competition. Traditional bicycle brands leverage their deep technical expertise and brand influence to continuously launch high-end electric bicycle products, while emerging tech companies are making a mark in the smart electric bicycle sector through internet-driven thinking and innovative technologies. Additionally, some automakers have begun to enter the electric bicycle market, introducing advanced technologies from the automotive industry and diversifying market competition. In this fierce competition, companies strive to capture market share by continuously improving product quality, optimizing user experience, and expanding sales channels, driving the sustainable development of the electric bicycle industry.