TAIPEI (TVBS News) — The Taipei Cycle Show 2024, held last week, highlighted the determination of the bicycle industry to innovate its way out of a post-pandemic slowdown. Despite ongoing challenges such as high inventory levels and a limited recovery in sales, the event showcased how investments in e-mobility, smart technologies, and sustainability are set to restore industry growth.
E-mobility was a dominant theme at the event, reflecting the growing global interest in eco-friendly transportation solutions. E-cargo bikes were presented as an attractive option for last-mile deliveries, offering reduced fuel costs and a smaller carbon footprint for operators. Companies like Keego Mobility announced they are pushing the boundaries further, integrating AI cameras into their e-bikes to enhance rider safety.
The show also highlighted how IoT technologies are transforming the cycling experience by improving individual rider safety and commercial fleet efficiency. From smart helmets with features like remote-controlled turn signals and crash data sensors to fleet management systems that track riders and deliveries in real time, the pace of innovation is accelerating across the industry.
This year's Taipei Cycle Show boasted a 15% increase in participating companies compared to pre-pandemic levels in 2019 and attracted 4,000 foreign visitors from more than 90 countries. The combined show with TaiSPO, the Taipei International Sporting Goods Show, saw 25% growth from last year, reflecting the industry’s confidence in its long-term prospects.
This optimism was reflected in comments made by industry leaders like Taiwan Bicycle Association chairman Robert Wu, who pointed to the growing demand for conventional and electric bikes as tools for achieving net-zero carbon emissions as a positive sign.
The presence of major brands like Giant, Merida, Shimano, and SRAM, along with leading OEM manufacturers and component makers, further underscored the industry’s commitment to growth.
