Core Viewpoint - The implementation of the new national standard for electric bicycles (GB17761-2024) has led to a limited supply of compliant models in the market, resulting in fewer choices and increased prices for consumers [2][6]. Group 1: New National Standard Implementation - The new standard, effective from December 1, 2023, prohibits the sale of old electric bicycles and introduces stricter requirements regarding speed, fire safety, and smart positioning systems [2][4]. - Under the new regulations, electric bicycles must not exceed a speed of 25 km/h, and manufacturers are required to implement anti-tampering mechanisms to prevent speed modifications [5]. - The new standard mandates the use of higher-grade flame-retardant materials for key components and sets specific technical indicators for battery safety, including thermal runaway protection [5]. Group 2: Market Supply and Pricing - The market supply of new standard electric bicycles is still in its early stages, with many stores reporting low inventory levels, often displaying only one model with limited stock [6][8]. - Prices for new standard electric bicycles have increased by 300 to 500 yuan compared to old models, with some high-end models seeing price hikes of up to 1,000 yuan due to upgraded materials and features [6][8]. - Online sales channels reflect a similar trend, with only 1-2 models available from major brands, and many listings showing "out of stock" [7][8]. Group 3: Industry Response and Future Outlook - Companies are adjusting their production lines to comply with the new standard, with some brands like Aima announcing capacity transfers and temporary shutdowns of old production lines [8][11]. - Despite the current supply challenges, industry representatives express optimism about the future, believing that the new standard will enhance safety and drive demand as production ramps up [10][11]. - The market is also witnessing a shift towards electric motorcycles, which are not subject to the new regulations and have shown higher sales volumes compared to new standard electric bicycles [10][11].