According to the Ministry of Commerce, since September this year, the replacement program for old electric bicycles has been progressing in an orderly manner, with increasing speed. As of now, the number of replaced old electric bicycles nationwide has exceeded 1 million. It is reported that as of December 19, a total of 1.023 million old bikes were sold and replaced nationwide, driving new car sales of 2.73 billion yuan. The percentage of vehicles powered by lead-acid batteries has significantly increased, effectively reducing safety hazards from existing stock. The number of retail stores participating in the electric bicycle replacement program has risen from 26,000 at the beginning of October to the current 41,000, a growth of 57.7%.
全国电动自行车以旧换新数量突破100万辆
The number of old electric bicycles replaced nationwide has surpassed 1 million.
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