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China: China's electric tricycle makers boost output to meet rising exports
Huzhou, China - March 01, 2025 Storyline: China's electric tricycle manufacturers are ramping up production capacity and intensifying research and development efforts to meet the surging export demand. The country's export volume of electric tricycles reached 650,000 units in 2024, with a total export value of nearly 5.5 billion U.S. dollars, an increase of about 10 percent year on year. An electric tricycle manufacturer in Changxing County of east China's Zhejiang Province has been handling a substantial number of overseas orders and coordinating domestic production daily since the operations resumed after the Spring Festival holiday. To fulfill these orders, the company has upgraded its production line equipment to enhance efficiency, with a vehicle rolling off the line in only 10 minutes for the fastest speed. An electric tricycle company in Wuxi City of east China's Jiangsu Province currently ships over 1,000 vehicles overseas each day, said its executive. Given the marked differences in required performances across various regions, the company has established factories overseas to facilitate targeted production. Shotlist: Changxing County, Huzhou City, Zhejiang Province, east China - Recent: 1. Various of Wang Guofu, general manager of local electric tricycle company, negotiating with foreign company representatives via video conference; 2. Various of Wang talking with workers; 3. Various of electric tricycles, production lines, workers; 4. SOUNDBITE (Chinese) Wang Guofu, general manager, electric tricycle company (partially overlaid with shot 5): "Currently, we have nearly 1,000 electric tricycles ready for delivery, an increase of 74.23 percent compared with the same period last year. Our target markets primarily include developed countries in Europe and America, as well as economically developed countries in Asia. From Jan 1 to now, our sales have exceeded 13 million yuan (about 1.78 million U.S. dollars)." [SHOT OVERLAYING SOUNDBITE] 5. Various of electric tricycles, workers at production lines; [SHOT OVERLAYING SOUNDBITE] Wuxi City, Jiangsu Province, east China - Recent: 6. Various of warehouse complex, trucks; 7. Various of factory interior, workers, vehicle parts; 8. SOUNDBITE (Chinese) Yang Guimin, supply chain manager, electric tricycle company (ending with shot 9): "For example, in Africa and Southeast Asia, our emphasis is on three-wheeled and four-wheeled vehicles that can carry both passengers and cargo. Since the beginning of this year, we have achieved a production and sales volume of approximately 40 million yuan, doubling what we recorded during the same period last year." 9. Various of electric tricycles; 10. Various of worker working; 11. SOUNDBITE (Chinese) Xiao Chun, officer, Wuxi Customs (partially overlaid with shot 12): "There are 299 companies in Wuxi that engage in export of electric bicycles and motorcycles, with an export value nearing 3.3 billion yuan in 2024, an increase of 46.6 percent. The focus of market expansion is shifting from Europe and the United States to Southeast Asia, Africa and other regions with rising demand." [SHOT OVERLAYING SOUNDBITE] 12. Various of Customs building; [SHOT OVERLAYING SOUNDBITE] 13. Various of factory floor. [Restrictions : No access Chinese mainland]
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