Electric bicycles play the main melody of intelligence

Data shows that from January to October 2021, the revenue of large-scale enterprises in the bicycle industry increased by 22.4% year-on-year, and the profit increased by 36.8%. Driven by the new national standards, sharing economy, and industrial upgrading, the electric bicycle industry has experienced rapid development. Currently, the number of electric bicycles in China has exceeded 300 million, and the market size has reached the world's largest. While the market scale continues to expand, the industry has problems such as low quality competition and low product innovation. It is imperative for the entire industry to embrace the industrial Internet and accelerate digital transformation.
The intelligentization of two wheeled electric vehicles is still in the exploratory stage before breaking through. In 2021, the industry has launched many intelligent products, and the exploration of intelligentization focuses on three dimensions: "fast charging", "running far", and "smart enough" to truly solve user pain points.
Traditional electric bicycle brands are increasing their intelligent layout. The expansion of intelligence in the electric bicycle industry needs to meet market demand. Data shows that about 55% of consumers use intelligence as a search basis when purchasing electric bicycles. At the same time, as an upgrade of the industry, intelligence will break the serious homogenization dilemma in the electric bicycle industry and lead the industry into a new era of quality competition.
Industry insiders point out that in the context of "dual carbon", there is still great potential for the development of the two round travel industry. The leading enterprises in the industry have achieved better integration of digital and traditional industries through electric bicycles, and also started the Internet revolution in the electric bicycle industry. But behind the rapid development of the industry, the demand for charging and swapping and safety issues are also increasingly prominent.
On November 8, 2021, Qiong Se, Director of the Fire Rescue Bureau of the Ministry of Emergency Management, publicly stated that since 2021, there have been more than 10000 electric bicycle fires in China, causing casualties. Compared to the quality of the vehicles themselves, the majority of electric bicycle fires are caused by battery quality and improper charging or use of batteries. The safety management of electric bicycles is urgent, severe, and complex; At the same time, improving the quality and safety of products and batteries, accelerating the construction of electric bicycle swapping facilities, etc. have become the focus of major cities, electric bicycle enterprises, and shared operation platforms.
At present, the latest national standard for two wheeled electric vehicles, the Safety Technical Specification for Electric Bicycles, has added 16 standard clauses that only involve safety. Experts point out that the main source of electric vehicle fires is the battery. Applying relevant fire prevention and flame retardant technology to the battery casing can greatly reduce the probability of electric bicycle fire accidents. With the development and iteration of charging and swapping technology for two wheeled electric vehicles, cutting-edge intelligent technology will effectively safeguard consumer electricity safety.
According to the data from Tianyancha, as a huge industry with a scale of hundreds of billions, the electric bicycle has gone global with the "the Belt and Road" strategy, serving the travel of billions of people. At present, there are over one million electric bicycle related enterprises in China, with 65% of them distributed in wholesale and retail industries. Industry insiders point out that in the future, there is still a lot of room for consumption upgrading of electric vehicles. Battery swapping, fast charging, and intelligence are the trends that are being promoted in the industry, and they are also the focus of the industry's future layout. Among them, leading companies in the industry will play a positive and important demonstration and leading role in the future intelligent development trend of electric bicycles.
The expert stated that the electric bicycle industry is moving towards lightweight, lithium-ion electrification, and intelligence. Among them, intelligence, as the most important driving force for industry brands, will drive the digital transformation of the industry chain, innovation and upgrading of battery technology safety, and the rise of the battery exchange market. Among them, achieving electricity safety through technology is also one of the clear goals of the industry in the process of intelligence, and it is the biggest pain point that technology constantly innovates and iterates to solve.