A visitor consults with someone at a booth of the 2023 China Zhejiang International Bicycle and New Energy Electric Vehicle Exhibition held in Yiwu. [Photo/tianmunews.com]
The 2023 China Zhejiang International Bicycle and New Energy Electric Vehicle Exhibition was held on March 13 at the Yiwu International Expo Center in Yiwu, a county-level city of Jinhua in East China's Zhejiang province.
It was the first exhibition for the bicycle and new energy electric vehicle industry in Zhejiang province to be held this year.
The three-day exhibition has attracted nearly 200 bicycle, new energy electric vehicle and accessories enterprises from all over the country, with an exhibition area of 20,000 square meters.
About 20,000 customers are expected to visit the exhibition, and more than 100 foreign businessmen from Colombia, India, Pakistan, Nepal and the Philippines carried out group purchases there.
India is one of the largest motorcycle and electric vehicle consumer markets in the world. Due to its traffic environment and economic level, two-wheelers are more popular than four-wheelers. The growth rate of electric two-wheelers in India reached 300 percent in 2022.
Mvis, an Indian businessman based in Yiwu, said that they have been paying attention to the bicycle and new energy electric vehicle market in China, and many Chinese brands have entered India and seen promising results. He attended the exhibition to seek cooperation in introducing bicycle and new energy electric vehicle production lines to India.