Golden Wheel Group (Totem Bikes) Announces 10 Million Euro Investment in European E-Bike Facility

DOLNI DOBROUC, Czech Republic – Tianjin Golden Wheel Bicycle Group Co. Ltd recently announced plans for the investment of some 10 million euro in a new Czech Republic based facility that is to have a capacity for assembling 180,000 e-bikes annually. The Chinese company already expanded its Totem branded e-bike production in the country last September.
Sales & Trends
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Bafang Opens Production Facility in Poland

WROCLOW, Poland – Earlier today President and CEO Qinghua Wang of Bafang Electric (Suzhou) Co. Ltd. officially opened the company’s new production facility based in Wroclow, Poland. At the opening ceremony he said that the new factory will improve the company’s service level in Europe; in particular as eventually Bafang plans to produce 600,000 e-bike (mid) motors here.
Sales & Trends
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