Home> News> This year, the Tricycle Motorcycle industry has been on the road to formalization

This year, the Tricycle Motorcycle industry has been on the road to formalization

June 14, 2023

Although all parts of the country have carried out strict inspections and strict controls on the production and sales of Tricycle Motorcycle, and the rectification of Tricycle Motorcycle has become normalized, it is undeniable that Tricycle Motorcycle, caravans, and recreational vehicles have shown a steady growth trend. The market share of the top 10 companies continues to grow, showing that the brand control ability of Gasoline Tricycle has been significantly enhanced.

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In addition, the frame and plastic car companies are ready to go, and the second-tier brands are making efforts. This year, the competition is particularly fierce. The price war in the industry is inevitable.
The production and sale of Tricycle Motorcycle products without an announced catalog is prohibited. Therefore, for the Tricycle Motorcycle industry, the key point is: the catalog. Without 3C certification and catalog access, the brand cannot achieve legal production.
It can be simply and crudely said that a brand without qualification is equivalent to leaving the market directly, without any luck.
2021 may be the outbreak period of Tricycle Motorcycle and caravan companies. Tricycle Motorcycle companies that have 3C certification and are listed in the catalog of the Ministry of Industry and Information Technology will become the biggest winners in the market in the second half of the year.
It can be seen from the current industry situation that motorcycle production qualifications and announcement catalogs have become the most basic manufacturing requirements for Tricycle Motorcycle. Except for companies with qualifications and catalogs that shine, other large-scale small and medium-sized enterprises are lingering. Especially recently, there has been a high incidence of business accidents, and one after another has been exposed to bankruptcy and capital chain problems. Powerful enterprises are moving closer to the standard, most of the vehicles produced and sold are in the catalogue, and the number of miscellaneous-brand vehicles has decreased significantly.
With the large number of unqualified enterprises leaving the market this year, 80% of the Tricycle Motorcycle industry market will be concentrated in the hands of 20% of the brands.
With the rectification and strict inspection of Tricycle Motorcycle across the country, qualified enterprises are allowed to produce, sell, license, and go on the road. It can be seen from the display that non-standard Tricycle Motorcycle are about to withdraw from the market, and high school brand vehicles that can be registered and have good quality have already occupied most of the market.
With the introduction of the new low-speed national standard in September, the Tricycle Motorcycle industry is bound to usher in new changes. There are new requirements for safety performance and vehicle performance. The rise will lead to another outbreak of the Tricycle Motorcycle market.
As the state and local governments have stricter management of Gasoline Tricycle on the road, the cost of manufacturing Gasoline Tricycle will rise sharply, causing a large number of small and medium-sized enterprises to struggle. Now it is becoming more and more difficult to follow small brands. Therefore, dealers must It is necessary to choose a powerful brand with qualifications, catalogs, and licenses.
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