Chinese electric bicycles are gaining popularity worldwide, as annual output reaches 30 million in the country, said industry experts.
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Zhang Xiaoshun, chairman of Shandong Weisite Bicycle Co, said on Thursday that its high-end products, mounted with lithium-ion battery which can run up to 240-kilometres on a single charge, have been exported to Australia and Europe.
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He added that the latest model sells for more than 2,000 yuan.
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"Each li-ion battery bicycle we produce can save the use of aluminum by 12.5 kilogram and consume 30 percent less energy, while the lead-acid ones weigh six times heavier," said Zhang.
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The five-year-old company, based in Zaozhuang city of Shandong province, owns six patent rights in electric bike designs and has an annual capacity of 300,000.
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China is witnessing a booming bicycle industry, with annual output of over 80 million bicycles and 30 million electric bicycles.
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During the first seven months of this year, the bicycle industry saw its profits increase 17.3 percent, according to earlier report.Â