100 billion Lithium Battery Bicycle Market in 2020

Affected by the COVID-19 , the global economy is in danger, a total recession is inevitable. However, the so-called crisis of organic, electric bicycle market broke out this year.

Bicycle market boom in 2020, from the European market can be seen. Affected by the coronavirus, because people worry that rail transit, buses are confined space, if commuting by public transport, may increase the risk of disease, for those who have to go out to work, bicycle is the ideal walking tool.

Chinese exports of bicycles and electric vehicles to europe soared in may, and tens of thousands of yuan of “tuhao” models were snapped up, manufacturers working overtime, orders are still in line for a month. At present, the electric bicycle lithium battery 100 billion market is accelerating to achieve. By the first half of 2020, China’s lithium battery shipments of electric bicycles have reached 3.55 GWh, which is close to 2019 shipments.

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