January 4, 2024 - (Suzhou, China) As the e-bike industry faced a challenging year in 2023 due to a slowdown in demand caused by an unstable international climate and high inventory levels, Bafang Electric, a global drive system supplier with over 20 years of experience in the two-wheel industry, proactively adjusted its pace to meet market changes. The company further solidified its industry-leading position by leveraging advanced products and superior services.
Looking ahead to the upcoming year, Bafang plans to continue strengthening its investment in technology and product quality to maintain its resolute and mission-driven approach. The company will push for sustainable development in the industry with unwavering confidence, inject vitality into the market, and lead with a firm step.
Bafang focuses on providing high-quality and high-performance drive system solutions for global customers, earning the trust of OEMs, brand owners, dealers, and end consumers around the world. In 2023, Bafang celebrated several milestone moments including its first dealer conference, the topping-out ceremony of its new-energy factory, its 20th anniversary, and its seventh technical exchange meeting.
Additionally, a series of achievements in battery production, technical recognition by major international product awards, and the successful deployment of the DDS dealer service system all showcased Bafang’s impressive corporate strength and broad market prospects worldwide.
Social responsibility and industry mission are indispensable beliefs on the company’s path to development. Facing industry challenges head-on, Bafang will continue to focus on product performance, quality control, and after-sales service, ensuring that “quality” and “warranty” are at the forefront of the company’s focus. The company will provide more comprehensive support and protection to each customer by improving production automation coverage and expanding the global after-sales service layout.
At the same time, Bafang recognizes that its responsibility and mission should not only be limited to high-quality products and services but also contribute to the prosperity of the entire industry. The company is willing to actively participate in industry cooperation, share experiences, and achieve mutual benefits. On the occasion of the New Year, Bafang extends sincere New Year wishes to partners around the world, expressing gratitude for their ongoing support. In 2024, the company will continue to maintain its resolute belief, work together, and create a shared future.