China is one of the largest exporters of electric two-wheelers in the world.

Electric two-wheelers are usually all kinds of scooters, bicycles, mopeds and electric motorcycles.

According to the China Electric Vehicle Association, the export value of China’s electric two-wheeled vehicle industry was $3.67 billion in $7.43 billion in 2021 and $7.35 billion in 2022.

Europe and Southeast Asia are the top two export destinations for China’s electric two-wheeled vehicles, accounting for about 70% of the total export volume.

According to Lobo EV Technologies, China has adopted a new national standard that promotes the use of two-wheeled electric vehicles powered by lithium-ion batteries.

By amending the General Technical Specifications for Electric Bicycles, the Chinese government has set a limit on the total allowable weight of electric bicycles (including battery weight) of 55 kg from April 2019.

Given that the replacement cycle of electric two-wheelers is between three to five years, Lobo EV Technologies refers that most of the two-wheelers in circulation have been replaced by the new two-wheelers that meet the new national standard since 2022.

Electric two-wheelers

The industry has attracted investment in recent years. In addition, the industry’s products are constantly incorporating new technologies and materials. As a result, competition within the industry is intensifying.

According to the China Electric Vehicle Association, the market size of the Chinese two-wheel electric vehicle industry will be $236 billion in 2023, and $37.28 billion in 2028, with a steady annual growth rate of approximately 9.06 percent.

Lobo EV Technologies is a manufacturer and marketer of electric vehicles. It designs, develops, manufactures and sells electric bicycles, electric mopeds, electric tricycles and electric four-wheeled off-road transportation vehicles, such as golf carts and mobility scooters for the elderly and disabled.