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China’s nationwide ‘cash for clunkers’ trade-ins causing huge e-bike boom
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On July 3, China's Ministry of Commerce said that the country's electric bicycle trade-in program is bringing about clear positive results, contributing to promoting production, expanding consumption, improving livelihoods and enhancing people's safety.
BEIJING, July 4 (Xinhua) — China’s electric bicycle replacement program has driven a boom in production and sales, played an active role in expanding consumption, benefiting livelihoods and promoting safety, the Ministry of Commerce said Thursday. In the first six months of 2025, on average, electric bicycles […] The post China’s electric bicycle replacement program boosts production, sales in H1 appeared first on Mercantile Monitor.
China’s nationwide ‘cash for clunkers’ trade-ins causing huge e-bike boom
While much of the Western world is still figuring out how to get more people on electric bikes, China just flipped a switch, and the results are staggering. Thanks to a generous nationwide trade-in program rolled out around six months ago, China has seen an explosive surge in electric bicycle sales, with over 8.47 million new e-bikes hitting the road in the first half of 2025 alone. more . . .
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