What is the market prospect of ebike in China?

What is the market prospect of ebike in China?
3. Policy support and promotion
Policy environment: The country has introduced a series of policies to regulate the electric bicycle market and improve the safety performance of products. At the same time, the government has also actively promoted the "lithium electrification" process of electric bicycles, and promoted the green development of the electric bicycle industry through policy support and technical guidance.
Local policies: Local governments have also actively responded to national policies and formulated a series of local electric bicycle management regulations and incentives, further promoting the prosperity of the market.

4. Technological progress and industrial upgrading
Intelligent development: With the continuous advancement of technology, electric bicycles will develop in the direction of intelligence and digitalization. The integration of technologies such as smartphone connection, navigation system, and anti-theft system will further enhance the added value and market appeal of products.
High-end trend: With the intensification of market competition and the continuous improvement of consumer demand, electric bicycle manufacturers will continue to launch more intelligent, comfortable and personalized products to meet the growing needs of consumers. At the same time, through technological innovation and brand building, create high-end product lines and increase product added value.

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