This undated photo shows electric bikes of TAILG Electric Vehicle Co Ltd displayed at a new energy expo held in Nanjing, Jiangsu province, China. (ZHEN HUAI / FOR CHINA DAILY)
BEIJING – China reported double-digit growth in the output of electric bicycles (E-bike) as more consumers opt for the convenient means of transport.
A total of 2.319 million E-bikes were produced in October, up 17.7 percent year on year, data from the Ministry of Industry and Information Technology (MIIT) showed.
In the first 10 months of 2019, E-bike output gained 19.9 percent to nearly 23 million.
Production of ordinary two-pedal bicycles fell 15.3 percent in October and 8.5 percent during the January-October period, MIIT data showed.
The E-bike sector raked in profits worth 2.34 billion yuan (about US$335 million) from January to October, up 15.2 percent year on year.
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