Taiwan-made bicycles’ achieve 50% share of Europe market; TAITRA

Taipei Times
Date: 2018/10/30
By: Pan Chih-yi and Elizabeth Hsu

Taipei, Oct. 30 (CNA) Taiwan-manufactured bicycles have achieved a 50 percent share of

Taiwan External Trade Development Council (TAITRA) president and CEO Walter Yeh (葉明水, left)

the European market, Taiwan External Trade Development Council (TAITRA) president and CEO Walter Yeh (葉明水) said Tuesday.

Yeh was hailing the competitiveness of Taiwan-manufactured bikes on the global market at a press conference for the upcoming 31st Taipei Cycle Show, which will be held from Oct. 31 to Nov. 3 at Taipei Nangang Exhibition Center and the Taipei World Trade Center.

After three decades of hard work to develop overseas markets, Taiwanese manufacturers have created high-quality bicycles that carry an average price tag of US$658 per unit, reflecting the global competitiveness of Taiwan’s bicycle industry, Yeh said.

This year, the industry will introduce innovative products equipped with smart devices, which enable bikes to be part of the Internet of Things. Bikes have entered the era of intelligence and technology, the trade promoter touted.    [FULL  STORY]

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