The development target of electric bicycles will still be maintained at the scale of 30 million to 35 million a year. The difficult structural adjustment pressure forces electric bicycles to "lightweight, lithium electric, intelligent" ahead of time.

It is worth noting that, in the electric bicycle market, compared with the depressed traditional lead-acid battery bicycle, lithium electric bicycle is the reverse market growth state.

"From 250,000 in 2010 to 3 million in 2014, the production of lithium electric bicycles has increased 12-fold in just four years." Ma predicted that in the next three years, the growth rate of China's lithium electric bicycle production will remain at about 20 percent, becoming a new bright spot in the entire electric bicycle industry.

Industry insiders predict that, thanks to favorable policies and declining lithium battery costs, lithium electric bicycles will maintain an average annual growth rate of 40 percent in the next three years and reach 12 million units by 2017.

What is the advantage of lithium electric bicycle compared with lead-acid battery bicycle?

Lithium-ion batteries of the same size, such as lithium manganate and lithium iron phosphate, last about three times as long, are one-third as heavy and bulky, and are more environmentally friendly and energy efficient than the lead-acid batteries commonly used in conventional electric bikes. In 2014