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2025.4 Bicycle Industry Dynamics & Safety and Regulations Discussion & International Races

30 Apr 2025
2025-Apr-30

Bicycle Industry Dynamics:

  • Concerns Over US Tariff Impact: The industry is concerned that the US may impose high tariffs on Taiwanese goods (including bicycles), with potential impacts estimated to emerge in the third quarter. Bicycle associations and related businesses are formulating response strategies, emphasizing that Taiwan's main bicycle market remains in Europe and efforts will be directed towards sustainable trade. (Sources: CNEWS, MoneyDJ, UDN, Commercial Times)
  • Signs of Market Recovery: Despite tariff concerns, the industry is showing signs of recovery. Some companies, such as Giant and Merida, reported year-on-year revenue growth in the early part of this year. The export unit price and volume of eBikes (electric-assist bicycles) have also increased. The industry is generally optimistic about order recovery and expects to return to a growth trajectory. (Sources: Commercial Times, Yahoo Finance, MoneyDJ, Economic Daily News)
  • Industry Development: Taiwan's bicycle industry continues its transformation towards higher value products, with eBikes being a significant driving force. The Stock Exchange also previously held a bicycle industry investment forum. (Sources: MoneyDJ, Economic Daily News)

Safety and Regulations Discussion:

  • Helmet Issue: The issue of whether cyclists should be required to wear helmets continues to receive attention. Surveys indicate that about 80% of cyclists in Taiwan do not wear helmets. The medical community is calling for legislation to mandate helmet use to enhance safety. However, the Health Promotion Administration (HPA) states that legislation requires social consensus. (Sources: PTS News, CNA, UDN)
  • Regulation of Micro Electric Two-Wheelers: New Taipei City has announced that starting from June, micro electric two-wheelers will be banned from entering major riverside bike paths. (Source: UDN)
  • Drunk Riding (DUI): There was a previous incident in Taichung where an individual was fined for riding a bicycle under the influence of alcohol. This serves as a reminder that bicycles are classified as slow-moving vehicles, and drunk riding is also subject to penalties. (Source: CNA)

International Races:

• • Upcoming major international cycling races: Giro d'Italia (May), Tour de France (Summer), Vuelta a España (late August). (Source: cycling-update.info)