Prospects and space for the development of electric tricycle industry

For electric two-wheelers, the development prospects and space of the electric tricycle industry are broader. It started late and the market has not been fully developed; the products are still at a low level, and the overall quality and functions need to be improved; at the policy level, the issue of industry standards is pending As far as enterprises are concerned, they are mostly small and medium-sized investment enterprises, and their accumulation in capital, technology, channels, marketing, etc. is still insufficient, and they have not formed a strong leading brand, and the brand structure has not formed a stable situation. The electric tricycle industry started late and the competition is relatively not fierce. However, compared with previous years, the number of enterprises has also increased rapidly due to the rapid growth of the industry in recent years. Existing electric tricycle companies have a good momentum of development, and more companies have entered this industry, including motorcycle companies, electric tricycle companies, and bicycle companies. On the other hand, the immaturity of the market has also led to the fact that there are still no obvious leading companies and brands in the industry. The brand pattern of the electric tricycle industry has not been formed, and the current basic pattern is only a temporary and unstable pattern. In the past year or two of the rapid development of the industry, this pattern will likely be changed many times. The electric tricycle industry is experiencing a blowout, and its development is just like the electric bicycle industry five years ago. The rapid growth of the market has brought huge opportunities for companies, and it has also become the best time for brands to break through. It is expected that within three years, more companies will enter this industry one after another, and the number of companies in the electric tricycle industry will become The industry brand structure will gradually become clear due to the continuous expansion of the industry scale and the industry reshuffle, and a relatively stable state will be formed. The degree of development of the electric tricycle industry varies from region to region. Generally speaking, three main sectors have been formed, namely, Jiangsu Fengxian, Henan Shangqiu, and Jiangsu Changzhou. These three sectors have laid the foundation for the current China's electric tricycle industry. The basic structure of the industry accounts for about 90% of the market share of the entire industry.
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