It is understood that the "oil to electricity" trend in the European market is rapidly transferring from cars to two-wheeled vehicles. Many European countries, including Spain, have successively introduced incentive and subsidy policies for electric two-wheeled travel, and the market demand prospect is very broad.
According to the prediction of CONEBI, WEF and CIE, the electric penetration rate of the European E-bike market is expected to reach 50% in 2025, and the sales volume will exceed 12million, which does not include the market prediction of electric motorcycles.
Under the favorable trend, the European market is becoming the forefront of global electrification, and the social attention is very high. As one of the important markets in Europe, Spanish mainstream media Motor Y Movilidad, Hypertextual, Carwow and Elmundo have recently reported that "the global electric bike giant enterprise is about to parachute into Spain and has signed the first distribution contract", which has aroused widespread discussion on social media. At the same time, many well-known domestic media also keenly captured this information and followed up the relevant reports one after another.
In terms of policy environment, it is reported that relevant EU institutions are discussing the relaxation of tariff policies on Chinese electric bicycles. If this measure is finally expected to come true, it will be good for Chinese electric vehicle brands to go deep into the European market.
