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Asia-Pacific Electric Bike (E-Bike) Market – Industry Trends and Forecast to 2029

  • Automotive
  • Upcoming Report
  • Apr 2022
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Asia-Pacific Electric Bike (E-Bike) Market , By Battery Type (Lithium-Ion, Lithium-Ion Polymer, Nickel Metal Hydride, Lead Acid, Sealed Lead Acid and Others), Hub Motor Location (Mid Drive Hub Motor, Rear Hub Motor and Front Hub Motor), Mode (Pedal Assist and Throttle), Battery Power (Under 750 W and Over 750 W), Class (Class I (Pedal Assist/Pedelec), Class II (Throttle) and Class III (Speed Pedelec)), Usage (City/Urban, Cruise, Mountain/Trekking Bikes, Racing, Cargo and Others) - Industry Trends and Forecast to 2029.

 

Asia-Pacific Electric Bike (E-Bike) Market

Market Analysis and Size

In the recent years, consumers are considering electronic bikes as an ideal substitute for smart cars, public transport and scooters. These bikes are highly beneficial in tackling traffic congestion as these bikes are smaller in size and attain higher speed.

Asia-Pacific Electric Bike (E-Bike) Market was valued at USD 5239.17 million in 2021 and is expected to reach USD 12553.01 million by 2029, registering a CAGR of 10.60% during the forecast period of 2022-2029. Lithium-Ion accounts for the largest battery type segment in the respective market owing to the as these batteries are batteries are smaller in size, long-lasting. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Electric bike refers to a bicycle that possesses battery and integrated electric motor drive mechanism. The components produce power for causing or assisting propulsion. Various kinds of globally available e-bikes range from electric bikes with a small motor to more powerful e-bikes that produce power to drive the bike using throttle.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Forecast Period

2022 - 2029

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Battery Type (Lithium-Ion, Lithium-Ion Polymer, Nickel Metal Hydride, Lead Acid, Sealed Lead Acid and Others), Hub Motor Location (Mid Drive Hub Motor, Rear Hub Motor and Front Hub Motor), Mode (Pedal Assist and Throttle), Battery Power (Under 750 W and Over 750 W), Class (Class I (Pedal Assist/Pedelec), Class II (Throttle) and Class III (Speed Pedelec)), Usage (City/Urban, Cruise, Mountain/Trekking Bikes, Racing, Cargo and Others)

Countries Covered

Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific

Market Players Covered

Accell Group (Netherlands), Derby Cycle (Germany), JIANGSU XINRI E-VEHICLE CO.,LTD. (China), Karbon Kinetics Ltd (UK), ITALJET SPA (Italy), Riese & Müller GmbH (Germany), M1-Sporttechnik (Germany), F.I.V. E. Bianchi S.p.A. (Italy), Kawasaki Motors Corp., U.S.A. (US), WUXI YADEA EXPORT-IMPORT CO.,LTD. (China), Giant Bicycles (Taiwan), Trek Bicycle Corporation (US), myStromer AG (Switzerland) and Specialized Bicycle Components, Inc.(US), among others

Market Opportunities

  • Rise in the government initiatives
  • Expansion of tourism sector rise in consumer inclination towards electric or e-bikes

Asia-Pacific Electric Bike (E-Bike) Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

  • Government Initiatives

The rise in the government initiatives to encourage the use of electric bikes acts as one of the major factor driving the growth of  electric bike (e-bike) market. These bikes are being considered an eco-friendly and efficient solution for commute.

  • Consumer Inclination towards Electric bikes

The rise in consumer inclination towards electric or e-bikes accelerate the market growth. These bikes are widely adopted as they are smaller in size, provide health benefits and offers higher speed with lesser effort.

  • Tourism Sector

The expansion of tourism sector in the region further influence the market. The rise in number of tourists and congestion caused by the number escalate the demand for electric bikes.

Additionally, surge in investments, expansion of the automotive sector and increased disposable income positively affect the electric bike (e-bike) market.

Opportunities

Furthermore, development of lightweight electrical energy storage systems extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, trend towards connected e-bikes will further escalate the growth of e-bike market.

Restraints/Challenges faced by the Asia-Pacific Electric Bike (E-Bike) Market

On the other hand, international trade policies and regulations and government regulations and lack of infrastructure are expected to obstruct market growth. Also, technology challenges and high cost of e-bikes are projected to challenge the electric bike (e-bike) market in the forecast period of 2022-2029.

This electric bike (e-bike) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electric bike (e-bike) market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

COVID-19 had a Major Impact on Asia-Pacific Electric Bike (E-Bike) Market

COVID-19 impacted electric bike (e-bike) market positively impacted as commuters were mostly avoiding public transportation. E-bikes are being deployed as a convenient, affordable and safe alternative to public transportation. Bikes were adopted as mode of day-to-day transportation due to the government restrictions on public transport, and social-distancing guidelines. The sales were slow in the initial pandemic stage, but the growth is expected to grow in the post-pandemic due to the easing on the restrictions.

Recent Developments

  • In June 2020, Giant Bicycles announced the launch of anthem advanced pro 29 world champion edition frameset. The new frameset is made of advanced composite material offering lightweight structure and XC race geometry with 29er speed and stability. The new product increased the product portfolio of the company.

Global Asia-Pacific Electric Bike (E-Bike) Market

The electric bike (e-bike) market is segmented on the basis of battery type, hub motor location, mode, battery power, class and usage. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Battery Type

  • Lithium-Ion
  • Lithium-Ion Polymer
  • Nickel Metal Hydride
  • Lead Acid
  • Sealed Lead Acid
  • Others

Hub Motor Location

  • Mid Drive Hub Motor
  • Rear Hub Motor
  • Front Hub Motor

Mode

  • Pedal Assist
  • Throttle

Battery Power

  • Under 750 W
  • Over 750 W

Class

  • Class I (Pedal Assist/Pedelec)
  • Class II (Throttle)
  • Class III (Speed Pedelec)

Usage

  • City/Urban
  • Cruise
  • Mountain/Trekking Bikes
  • Racing, Cargo
  • Others

Asia-Pacific Electric Bike (E-Bike) Market Regional Analysis/Insights

The electric bike (e-bike) market is analyzed and market size insights and trends are provided by country, battery type, hub motor location, mode, battery power, class and usage.

The countries covered in the Asia-Pacific electric bike (e-bike) market report are the Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC).

China is dominating the electric bike (e-bike) market in Asia-Pacific region due to the presence of high number of e-bike manufacturers in the region. Also, countries such as China and Japan are major exporters of e-bikes worldwide with low manufacturing costs.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Asia-Pacific Electric Bike (E-Bike) Market Share Analysis

The electric bike (e-bike) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to electric bike (e-bike) market .

Some of the major players operating in the electric bike (e-bike) market are

  • Accell Group (Netherlands)
  • Derby Cycle (Germany)
  • JIANGSU XINRI E-VEHICLE CO.,LTD. (China)
  • Karbon Kinetics Ltd (UK)
  • ITALJET SPA (Italy)
  • Riese & Müller GmbH (Germany)
  • M1-Sporttechnik (Germany)
  • F.I.V. E. Bianchi S.p.A. (Italy)
  • Kawasaki Motors Corp., U.S.A. (US)
  • WUXI YADEA EXPORT-IMPORT CO.,LTD. (China)
  • Giant Bicycles (Taiwan)
  • Trek Bicycle Corporation (US)
  • myStromer AG (Switzerland)
  • Specialized Bicycle Components, Inc.(US)

Research Methodology: Asia-Pacific Electric Bike (E-Bike) Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Expert Analysis, Import/Export Analysis, Pricing Analysis, Production Consumption Analysis, Climate Chain Scenario, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


SKU-

LIST OF TABLES

TABLE 1 ASIA-PACIFIC E-BIKE MARKET ( VOLUME)

TABLE 2 EUROPEAN COMMITTEE FOR STANDARDIZATION (CEN)

TABLE 3 ISO BICYCLE

TABLE 4 ASIA-PACIFIC E-BIKE MARKET, BY BATTERY TYPE, MARKET FORECAST 2020-2027 (USD MILLION)

TABLE 5 ASIA-PACIFIC LITHIUM-ION IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 6 ASIA-PACIFIC LITHIUM-ION POLYMER IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 7 ASIA-PACIFIC NICKEL METAL HYDRIDE IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 8 ASIA-PACIFIC LEAD ACID IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 9 ASIA-PACIFIC SEALED LEAD IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 10 ASIA-PACIFIC OTHERS IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 11 ASIA-PACIFIC E-BIKE MARKET, BY HUB MOTOR LOCATION, MARKET FORECAST 2020-2027 (USD MILLION)

TABLE 12 ASIA-PACIFIC MID DRIVE HUB MOTOR IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 13 ASIA-PACIFIC REAR HUB MOTOR IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 14 ASIA-PACIFIC FRONT HUB MOTOR IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 15 ASIA-PACIFIC E-BIKE MARKET, BY MODE, MARKET FORECAST 2020-2027 (USD MILLION)

TABLE 16 ASIA-PACIFIC PEDAL ASSIST IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 17 ASIA-PACIFIC THROTTLE IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 18 ASIA-PACIFIC E-BIKE MARKET, BY BATTERY POWER, MARKET FORECAST 2020-2027 (USD MILLION)

TABLE 19 ASIA-PACIFIC UNDER 750W IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 20 ASIA-PACIFIC OVER 750W IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 21 ASIA-PACIFIC E-BIKE MARKET, BY CLASS, MARKET FORECAST 2020-2027 (USD MILLION)

TABLE 22 ASIA-PACIFIC CLASS I (PEDAL ASSIST/PEDELEC) IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 23 ASIA-PACIFIC CLASS II (THROTTLE)IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 24 ASIA-PACIFIC CLASS III (SPEED PEDELEC) IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 25 ASIA-PACIFIC E-BIKE MARKET, BY USAGE, MARKET FORECAST 2020-2027 (USD MILLION)

TABLE 26 ASIA-PACIFIC CITY/URBAN IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 27 ASIA-PACIFIC CRUISE IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 28 ASIA-PACIFIC MOUNTAIN/TREKKING BIKES IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 29 ASIA-PACIFIC RACING IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 30 ASIA-PACIFIC CARGO IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 31 ASIA-PACIFIC OTHERS IN E-BIKE MARKET, BY REGION,2018-2027, (USD MILLION)

TABLE 32 ASIA-PACIFIC E-BIKE MARKET, BY COUNTRY, 2018-2027 (USD MILLION)

TABLE 33 ASIA-PACIFIC E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 34 ASIA-PACIFIC E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 35 ASIA-PACIFIC E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 36 ASIA-PACIFIC E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 37 ASIA-PACIFIC E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 38 ASIA-PACIFIC E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 39 CHINA E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 40 CHINA E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 41 CHINA E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 42 CHINA E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 43 CHINA E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 44 CHINA E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 45 JAPAN E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 46 JAPAN E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 47 JAPAN E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 48 JAPAN E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 49 JAPAN E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 50 JAPAN E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 51 SOUTH KOREA E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 52 SOUTH KOREA E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 53 SOUTH KOREA E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 54 SOUTH KOREA E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 55 SOUTH KOREA E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 56 SOUTH KOREA E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 57 AUSTRALIA E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 58 AUSTRALIA E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 59 AUSTRALIA E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 60 AUSTRALIA E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 61 AUSTRALIA E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 62 AUSTRALIA E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 63 INDIA E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 64 INDIA E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 65 INDIA E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 66 INDIA E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 67 INDIA E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 68 INDIA E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 69 SINGAPORE E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 70 SINGAPORE E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 71 SINGAPORE E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 72 SINGAPORE E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 73 SINGAPORE E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 74 SINGAPORE E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 75 THAILAND E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 76 THAILAND E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 77 THAILAND E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 78 THAILAND E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 79 THAILAND E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 80 THAILAND E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 81 MALAYSIA E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 82 MALAYSIA E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 83 MALAYSIA E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 84 MALAYSIA E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 85 MALAYSIA E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 86 MALAYSIA E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 87 INDONESIA E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 88 INDONESIA E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 89 INDONESIA E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 90 INDONESIA E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 91 INDONESIA E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 92 INDONESIA E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 93 PHILIPPINES E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

TABLE 94 PHILIPPINES E-BIKE MARKET, BY HUB MOTOR LOCATION, 2018-2027 (USD MILLION)

TABLE 95 PHILIPPINES E-BIKE MARKET, BY MODE, 2018-2027 (USD MILLION)

TABLE 96 PHILIPPINES E-BIKE MARKET, BY BATTERY POWER, 2018-2027 (USD MILLION)

TABLE 97 PHILIPPINES E-BIKE MARKET, BY CLASS, 2018-2027 (USD MILLION)

TABLE 98 PHILIPPINES E-BIKE MARKET, BY USAGE, 2018-2027 (USD MILLION)

TABLE 99 REST OF ASIA-PACIFIC E-BIKE MARKET, BY BATTERY TYPE, 2018-2027 (USD MILLION)

 

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Frequently Asked Questions

Asia-Pacific Electric Bike (E-Bike) Market is will be projected at USD 12553.01 million during forecast by 2029.
Asia-Pacific Electric Bike (E-Bike) Market is expected to witness CAGR of 10.60% during the forecast period of 2022-2029
The rise in the government initiatives to encourage the use of electric bikes is accelerating the growth of electric bike (e-bike) market. The rise in consumer inclination towards electric or e-bikes and development of lightweight electrical energy storage systems will assist in the expansion of the market.
The major players operating in the Asia-Pacific Electric Bike (E-Bike) Market are Accell Group (Netherlands), Derby Cycle (Germany), JIANGSU XINRI E-VEHICLE CO.,LTD. (China), Karbon Kinetics Ltd (UK), ITALJET SPA (Italy), Riese & Müller GmbH (Germany), M1-Sporttechnik (Germany), F.I.V. E. Bianchi S.p.A. (Italy), Kawasaki Motors Corp., U.S.A. (US), WUXI YADEA EXPORT-IMPORT CO.,LTD. (China), Giant Bicycles (Taiwan), Trek Bicycle Corporation (US), myStromer AG (Switzerland) and Specialized Bicycle Components, Inc.(US), among others.