The new national standard is about to be implemented, with nearly 20 companies laying out electric bicycle-related businesses

The new national standard for electric bicycles is about to be implemented. There are nearly 20 listed companies in the A-share market that are involved in electric bicycle-related businesses. TAOTAO, Ninebot Company-WD, AIMA, and JOY KIE are involved in electric bicycle complete vehicle products. For example, AIMA has ranked first in the electric bicycle category of the China Brand Power Index released by Chnbrand for over 10 consecutive years, with revenue from electric bicycle business reaching 13.037 billion yuan in 2024. In terms of secondary market performance, according to statistics from Securities Times·Data Treasure, as of the close on July 25, electric bicycle concept stocks have averaged a rise of 21.19% this year, significantly outperforming the Shanghai Composite Index during the same period. TAOTAO, Zhongheng Electric, JOY KIE, Jitai Co., Ninebot Company-WD, and Xingyuan Materials have all seen cumulative increases of over 20%