Tuesday, June 16, 2009

Electric bikes in China

A few days back i wrote about electric bikes. I was going to mention their popularity overseas, but i only had the shop guy's word for that. Now, a Time Magazine article reports how electric bikes are 4 times more popular than cars, in China. Partially it's because of the lower cost, but also the convenience, safety and environmental benefits.

The boom has been assisted by bicycle friendly policies of the government, and now there is a large manufacturing industry as a result. Last year Chinese sales were about 90% of 23 million globally.

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