According to the data, from 2017 to 2021, e-bike sales in Europe and North America increased from 2.5 million to 6.4 million, an increase of 156% in four years. Market research institutions predict that by 2030, the global e-bike market will reach $118.6 billion, with a compound annual growth rate of more than 10%. Other smart mobility hardware, such as electric balance vehicles, electric skateboards, etc., are growing rapidly. In 2023, the global balance vehicle market has reached 15 billion US dollars, an increase of 16.4% in three years. In 2027, the global electric scooter market will reach $3.341 billion, with a compound annual growth rate of 15.55%.
（Image from the Internet）
Behind this hundreds of billions of market, many intelligent electric two-wheeled vehicle brands have been born, which are either based on their traditional advantages or “another way” to seize new demand, create new categories and new selling points, and actively compete for overseas markets.
（Smart electric car butler APP）
At present, the intelligent travel hardware shows the following trend: the rising demand for E-bike in overseas regions provides a lot of business opportunities for Chinese domestic businesses. China’s complete supply chain system has made China a major exporter of e-bikes.
（Intelligent big data platform）
According to the data, from 2019 to 2021, the import and export scale of China’s electric bicycles is growing, and the export trade is mainly. In 2021, China’s electric bicycle exports 22.9 million vehicles, an increase of 27.7%; Exports reached 5.29 billion US dollars, up 50.8% year on year.
At the same time, the data show that global electric balance vehicle shipments reached 10.32 million units, an increase of 23.7%. China produces about 90% of the world’s electric balance vehicles, and about 60% of the products are sold to the world through exports. In 2020, the global total output value of electric scooters reached $1.21 billion, and it is expected to reach $3.341 billion in 2027, with a compound growth rate of 12.35% from 2021 to 2027. Since 2022, sales of electric scooters have continued to grow in Europe. Annual sales in France, Germany, Italy, Spain, Switzerland, Ukraine and other six countries increased from one million units in 2020 to more than 2.5 million units in 2022. It is expected that the next three years will continue to maintain more than 70% year-on-year growth.
（Image from the Internet）
Therefore, with the strengthening of people’s awareness of environmental protection and the continuous pursuit of new travel methods, the field of intelligent travel has become a new track for the sea. Due to the advantages of the supply chain, China can maintain a high cost performance in the competition with foreign brands. However, the user’s mind for new things has not been fully formed, and the user’s acceptance of new brands is high. This is also the reason why many Chinese brands have been successful at sea, and then China’s intelligent travel field will continue to maintain its high cost performance advantage and continue to impact the high-end market.
（Intelligent central control hardware）
Tbit’s intelligent central control for more than 100 partner car companies to provide smart keys to the sea, the platform equipment supports a variety of languages, can make the traditional two-wheeled vehicle quickly intelligent, when the two-wheeled vehicle and mobile phone interconnection, users can also use mobile phones to remote control the two-wheeled vehicle, non-sensitive unlocking, one-click search, dismount and other functions of the operation. You can also share your ride, you don’t need to carry your car keys when you go out, and it is equipped with smart anti-theft features, multiple vibration detection functions and real-time location upload functions to keep your two-wheeler safe.
Post time: Oct-11-2023
