This year’s Taipei Cycle Show brought together some of the global cycling industry’s best innovators and leaders, and helped to reveal the current state of development, sector successes and expected investment and growth for the future of the cycling industry.
Taipei Cycle 2018 was held this year from October 31 to November 3 at the Taipei World Trade Center (TWTC) Nangang Exhibition Halls 1 and 3.
This year’s show reported that Taiwan’s exports of complete bicycles reached 1.65 million units, valued at US$1.09 billion for January-September 2018. This is up 14.2% year on year, according to a report released by the Customs Administration, Ministry of Finance.
The uplift in exports was acknowledged during the opening ceremony by Vice President, Republic of China (Taiwan) Dr Chen Chien-jen, who said, “Taiwan plays an active role in cycling’s global supply chain. The export value of bike components and complete bikes [combined] has exceeded US$2.5bn from January to September this year, and we thank the bicycle industry for this.”
E-bike exports grew by 47.93% during January–September 2018, and in value by 51.84%, with total exports of 195,000 units valued at US$269 million.
Reflecting the importance of the cycling industry to Taiwan, and highlighting the government’s support, was the launch of SwiCity e-bike IoT, a collaboration between the Ministry of Science and Technology (MOST) and the National Chung-Hsing University. SwiCity is positioned as a next-trend technology for bike and e-bike mobility, combining cycling with AI and cloud-based technology intended to attract more people into cycling, particularly older generations.
Smart cycling applications and e-bikes received the most entries, and, proportionally, won the most awards at Taipei Cycle Show 2018. In the seventh Taipei Cycle d&i awards, of the 45 awards presented, nine companies received the highly sought-after Gold Awards from 120 entries representing 16 countries – 30% being from outside Taiwan.
As a juror, Mr Francois Liang, General Manager, Cycling & Health Tech Industry R&D Center (CHC) in Taichung, Taiwan said, “Many of the entries this year showed their diverse characters with the help of outstanding development capabilities and advanced technology, which echoes the theme of the Taipei Cycle Show 2018.”
James C.F. Huang, Chairman, Taiwan External Trade Development Council (TAITRA), organiser of the event, said “Taipei Cycle Show is the second largest in the world. Taiwan has the most complete R&D clusters and supply chain producing a lot of high-end products for different markets, especially in developed countries where it holds top three market share.
“In addition, we are developing world-class biking trails, from the east coast across to the mountains of central Taiwan, in the ‘Kingdom of Cycling’. Our philosophy is that bicycles don’t just provide transport but show your attitude to life.”
Jasmine Wu, Taipei Cycle Show PR Manager added “We enjoyed a fantastic five days of cycling innovation, design, technology and insight at this year’s show, which celebrated our 30th anniversary. The inaugural Taipei Cycle + and IoT Zone, the second Demo Day and the Forum Sessions were all extremely well attended and we look forward to extending these to more participants.”
Taipei Cycle Show’s organisers also announced that Taipei Cycle Show 2019 will cover 72,000sqm and include new ‘Light Electric Vehicles (LEV) & Electric Systems’ and ‘Smart Cycling’ pavilions.
Taipei Cycle Show 2019 takes place on 27-30 March 2019, at Taipei Nangang Exhibition Center, Hall 1, 4F & Hall 2.