As a green sunrise industry, electric vehicles have been developed in China for ten years. In terms of electric bicycles, at the end of 2010, China’s electric bicycles have reached 120 million, and they are growing at a rate of 30% per year. From the perspective of energy consumption, electric bicycles only have one-eighth of motorcycles and one-twelfths of small cars; From the space occupied, an electric bicycle occupies only one-twentieth of the space of a general private car; From the perspective of development trends, the market prospects of the electric bicycle industry are still optimistic. Electric bicycles have been favored by low-income groups in cities for their low-cost, convenient and environmentally-friendly functions. China's electric bicycles have been put into the market in small batches since the research and development in the mid-1990s, and production and sales since 2012 have been increasing year by year. Due to strong demand, China's electric bicycle market...
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