1、 Policy regulation is becoming stricter (implemented in multiple regions starting from October)
1. Elimination of non-standard vehicles:
Fuzhou, Jiangxi and Chongqing: Starting from October 1st, non-standard
Electric Tricycles will be prohibited from being driven on the road, and violators will be punished; The transition period in Chongqing has been extended to October 14th, after which there will be a complete ban on travel.
Shanxi Lingchuan: The registration deadline for non-standard three or four wheeled vehicles is September 30th, and they cannot be registered after the deadline.
2. Implementation of the new national standard:
The new national standard for electric bicycles (implemented on September 1st) strengthens the requirements for battery tamper resistance, but there are still issues in the Xi'an market such as violating speed limits (displayed as 25km/h, actually reaching 70km/h) and exceeding battery limits (standard 48V but actually installed 72V).
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2、 Capacity expansion and globalization layout
1. Yadi Jinzhai（ https://baike.baidu.com/item/%E9%87%91%E5%AF%A8%E5%8E%BF/1284652 ）The second phase of the base will be put into operation on September 2nd:
Annual production capacity increased by 1.5 million units, combined with bases in Tianjin, Chongqing, etc., forming a nationwide collaborative industrial chain, targeting the global market (especially Europe, Southeast Asia, and the Middle East).
2. Hanbang Automotive Industry focuses on the high-end market:
• Its subsidiary brand "Meidi" is deeply rooted in Feng County, Xuzhou Industrial base, differentiated by "precise demand matching+ultimate experience", avoids traditional brand scale competition.
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3、 Technological Upgrade and Intelligence Wave
1. Jixun releases seven core technologies (September 25th):
Introduce automotive grade intelligent systems, including adaptive cruise control, automatic emergency braking, lane departure warning, and other functions, to promote the entry of tricycles into the era of "intelligent travel".
2. Industry high-end trend:
Hanbang Auto Industry and Jixun are both targeting high-end tracks, enhancing product added value through technological innovation such as intelligent dual drive power systems.
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4、 Market size and challenges
Global growth: The market size of electric tricycles is expected to reach 12.785 billion US dollars by 2025, driven by the demand for urban and rural commuting and logistics distribution.
Industry chaos: Some businesses violate speed limits and tamper with batteries, which conflicts with the new national standard's anti tampering requirements.
