withNew EnergyRise of car, two wheelselectric vehicleIn China, with the implementation of the Electric Bicycle Safety Technology Standard, the two-wheel electric vehicle market faces a huge demand for replacement, and in the international market, especially in the European and American market, Chinas two-wheel electric vehicle exports also show a rapid growth trend.
Export market prospects
In 2021, Chinas electric two-wheeled vehicle exports reached 22.90.0 million units, up 27.7 percent, exports reached 52.9 billion, up 50.8 percent compared. The main driving force behind this is strong demand in the European and American markets. The North American market continues to retain the largest export market position for Chinas electric two-wheeled vehicles, accounting for up to 43.5 percent. And the European market followed, accounting for 33.3 percent. It is worth noting that despite the largest export volume in the North American market, because of the high single price of products in the European market, its exports exceeded North America, accounting for 38.3 percent.
Regulatory challenges of the EU market: REACH
For two-wheel electric vehicle exporters wishing to enter the EU market, understanding and complying with relevant EU regulations is key to success.
REACH came into force in 2007 and contains comprehensive regulations for the registration, evaluation and authorisation of chemicals.The main objective of the regulation is to protect human health and the environment while ensuring the competitiveness and innovation capacity of the EU chemical industry.
In addition, REACH also sets out requirements for gradual replacement of certain highly concerned hazardous chemicals, such as carcinogens, mutants and toxic substances for reproduction. To this goal, the European Chemicals Agency (ECHA) was established in Helsinki to ensure effective enforcement and management of regulations.