The Ebike market has been booming during the COVID-19 era. For example, the eBike sales in Europe increased to 15.6 million units in 2022, compared to 14 million units in 2021. Demand for e-bikes will increase in 2021 and 2022 with an increase in traffic congestion, growing e-commerce business, growing interest in cycling as a fitness and recreational activity, and consumers’ tendency towards an eco-friendly solution for commuting. Taiwan has emerged as a central exporting hub for eBikes and their associated parts, mainly due to the anti-dumping policy of Europe and the US-China trade war. However, in 2023 and 2024, various factors hit market conditions, such as excess inventory, reduced consumer purchasing power, and inflationary pressures.