What is the global share of China's electric bicycle exports
2025-09-02
The export volume of electric bicycles from China accounts for over 60% of the global market share. The specific analysis is as follows:
1、 Export volume and global share
- 2024 data
- The export volume of electric bicycles in China reached 4.672 million units, a year-on-year increase of 12%, accounting for over 60% of the global market share.
- The export value is about 2.1 billion US dollars, a year-on-year increase of 6%, continuing the trend of "both quantity and price rising".
- This data complements the export value of electric two wheelers (including electric bicycles) of 5.816 billion US dollars (a year-on-year increase of 27.6%) according to Chinese customs statistics, confirming the core position of electric bicycles in exports.
- Data for the first half of 2025
- The export volume reached 12.2076 million vehicles, a year-on-year increase of 28.3%; The export value exceeded 3.355 billion US dollars, a year-on-year increase of 18.4%.
- The monthly export volume (such as June) reached 2.6224 million vehicles, with an export value of 710 million US dollars, both breaking historical records.
- This growth trend indicates that China's share of electric bicycle exports may further expand.
2、 Distribution of export markets
- regional structure
- Southeast Asia: Vietnam, Indonesia and other countries are the main export destinations for Chinese electric bicycles. By 2025, the export volume of Southeast Asia will increase by 40% annually, and Vietnam's service network will have over 700 stores, occupying 70% of the local market share.
- Europe: Affected by new EU regulations, demand for high-end car models is increasing, with Europe accounting for 30.4% of China's total exports of electric two wheelers in 2024.
- Emerging markets: Latin America, Africa, and the Middle East have seen significant year-on-year growth in export volume (such as a 107.4% increase in Latin America), becoming new growth poles.
- market penetration
- Chinese electric bicycles have been exported to over 100 countries, covering major economies around the world, forming a tripartite structure of "Southeast Asia+Europe+emerging markets".
3、 Driving factors for export growth
- policy support
- The Chinese government promotes the "the Belt and Road" initiative to help enterprises expand overseas markets. For example, Xishan "two car" enterprises will export more than 600 million yuan of cross-border e-commerce in 2024 by participating in overseas exhibitions, establishing overseas warehouses and other ways.
- The new EU regulations have spurred demand for high-end car models, and Chinese brands are seizing the market through technological upgrades such as sodium ion batteries and intelligent navigation systems.
- cost advantage
- The large-scale production of electric bicycles in China has reduced the cost of motors and batteries, and the cost of intelligent components (such as Beidou positioning modules) has decreased by 30%, improving the cost-effectiveness of products.
- consumption upgrade
- The global concept of green travel is popularized, and electric bicycles are favored by many markets as low-carbon transportation tools. For example, platforms such as Hello and Meituan have launched electric assisted vehicle models in Southeast Asia to optimize the "last mile" experience.
4、 Future trend prediction
- Expansion of export share
- The China Bicycle Association predicts that by 2025, China's electric bicycle exports are expected to achieve steady growth of over 10%, and the export value will reach a new high.
- The Southeast Asian and European markets will continue to expand, while emerging markets such as South America and the Middle East may see growth rates exceeding 20%.
- Technology upgrade driven
- Increase in the proportion of high-end car models: By 2025, the high-end market share will reach 30%, and it is planned to launch car models equipped with AI intelligent navigation systems. By 2030, the sales proportion of intelligent car models may reach 60%.
- Breakthrough in battery technology: Increased investment in research and development of sodium ion batteries and solid-state batteries, with a range exceeding 200 kilometers and a price tag of over 8000 yuan to seize the high-end market.
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