BEIJING, July 12(Xinhua) --Hellobike, a biking sharing operator in China, opened a new super electric bike factory in Tianning industrial park in Ninghe District, north China's Tianjin City on July 8, reported Xinhua-run Shanghai Securities News.
The factory is designed with an annual production capacity of 3 million electric bikes, andwill be built in two phases, covering a total area of 88,000 square meters in Ninghe District.
Specifically, the first phase is planned to be completed and put into production by the end of 2021, and will basically be run in full swing in 2022.
It is expected to create an annual output value of about 6 billion yuan, and provide more than 2,000 jobs for local people.
Based on the super factory, Hellobike will further incubate the capabilities of digitization of production and circulation, so as to drive the upstream and downstream innovation and development of electric two-wheelers industry.
(Edited by Bao Nuomin with Xinhua Silk Road, baonuomin@xinhua.org)