Xin Hua Wang·2025-11-19 05:44Core Viewpoint - The electric bicycle market in China is undergoing a significant transition as the deadline for the old national standard approaches, leading to a surge in demand for old standard bikes while new standard bikes face supply shortages [1][2][4]. Market Dynamics - The old standard bikes are experiencing a "last train" sales boom, with some stores reporting that their remaining inventory will only last for a couple of weekends [2]. - Sales of old standard bikes in Beijing have nearly doubled compared to previous years, driven by the impending deadline and local subsidy policies [2][4]. - There is a supply-demand imbalance for old standard bikes, which may lead to price fluctuations as inventory becomes scarce [4]. Consumer Behavior - Consumers are torn between choosing compliant new standard bikes and the faster, albeit less safe, old standard bikes [1][7]. - Some consumers prefer old standard bikes for their speed and lower price, while others prioritize safety and are willing to wait for new standard models [8][10]. - The price difference between new and old standard bikes can be significant, with new models costing several hundred yuan more due to enhanced safety features [10]. Regulatory Environment - The transition to new standards has prompted some retailers to engage in "gray market" practices to circumvent regulations, such as registering old standard bikes under different names to continue selling them [5][6]. - The new national standard imposes stricter safety requirements, including speed limits and anti-tampering measures, which complicate illegal modifications [6][12]. - Regulatory bodies are increasing inspections and enforcement actions against non-compliant sales practices, indicating a tightening of market oversight [12][16]. Industry Implications - The shift to new standards is expected to reshape the competitive landscape, favoring companies that can quickly adapt to regulatory changes and consumer demands [16]. - Companies are investing in technology upgrades and supply chain optimization to meet new standards and maintain profitability [10][16]. - The new regulations are seen as a catalyst for industry-wide improvements in safety and product quality, although consumer education on the importance of safety features remains a challenge [17].