The deserted roads, the feeling of footsteps and the fear of Covid-19 infection when using public transport in Europe and the United States have created a launch pad for the soaring demand for bicycles.
Many people ride the streets of Dublin, Ireland. The Covid-19 pandemic has boosted demand for bicycles in Europe and the US.
Covid-19 opened up growth opportunities for the bicycle market and brought great rewards to Taiwan, the world’s leading bicycle manufacturer. Thanks to the early control of the Covid-19 pandemic, Taiwan did not have to completely blockade, so production activities were not affected. Currently, Taiwanese factories are racing to find parts to meet busy bicycle orders.
The demand for bicycle significantly increased thanks to COVID-19 pandemic
At Giant, the largest bicycle company in the world, its production and business activities in the past few months have been extremely busy.
Orders continue to rise, dealers report out of car and new queue status takes place throughout Europe and North America. In the UK, the Bicycle Business Association says about 20,000 vehicles are pending production and deliveries have been sold or reserved. Buyers of many components, some people have always ridden to work before, some have never ridden a bike…
Sales of commuter bicycles and sport bicycles rose 66% in March, promenade bicycles jumped 121% and electric bicycles increased 85%, according to market research firm The NPD Group.
According to Giant CEO Bonnie Tu, demand in the US and Europe is focused on bikes that cost $ 1,000 or less.
Chicago police, USA, ride a bicycle while following protest groups during the Covid-19 season.
Giant’s plants in Taiwan are still operating, but many of their facilities in China were temporarily closed when the corona virus originated in Wuhan. The 100% production recovery was delayed due to problems with sourcing parts from suppliers.