E-Bikes Rule China’s Urban Streets: Hyperdrive Daily
Photographer: Qilai Shen/Bloomberg
Welcome to the Hyperdrive daily briefing, decoding the revolution reshaping the auto world, from EVs to self-driving cars and beyond. Click here to subscribe.
China can boast the highest number of electric cars in the world, but they're not nearly as ubiquitous as electric bikes. These $200 - $600 two-wheelers are a vital part of the future of clean transport in the country. There are about 300 million electric bikes on China's roads; that number is predicted to surge on the back of rising popularity and policy initiatives.