13 September 2022, Taipei, Taiwan: Today, TAIPEI CYCLE held Imagining A Better Future: The
Cycling Industry's Sustainable Practices, an international press conference announcing the
show's 2023 focus on sustainability, featuring five pivotal themes of discussion, and welcoming
international exhibitors and visitors.
Hosted by James Huang, the chair of TAITRA, the panel discussed how the fight against climate change
is affecting all industries across the globe, with companies striving to achieve low-carbon emissions.
As the largest emitter, transport is gradually finding its way towards electrification, and bicycles will
be a key component in the future of clean mobility. Bicycles will also be critical to the future of urban
smart mobility, where data will be collected, analysed and shared, bringing safer and more efficient
urban mobility to the world.
Since 2020, the bicycle industry has experienced tremendous growth as a result of the Covid-19
pandemic. From January to July 2022, the total export value of Taiwan’s traditional bicycle,
e-bikes, and bicycle parts reached $3.542 billion (USD), with a year-on-year growth of 29%.
Notably, the growth of Taiwan’s e-bike exports has surpassed traditional bicycles, and is
estimated to exceed traditional bicycles by 2025 with the so-called “Golden Cross”. With people
becoming more accepting of healthier and more sustainable lifestyles, support for a market that
focuses on smart devices and sustainability has dramatically increased. As a result, Taiwan's
bicycle industry has a great standing point due to its strong supply chain and its strategic
positioning in technologies.