Chinese Appliance Giants Buys Into e-Bike Motor Market

By Scott Green | 5th May 2022 |

Wuhan, China Appliance manufacturing giant Midea Group has purchased fellow Chinese company Wuhan Tianteng Power Technology to break into the e-bike market. Midea Industrial Technology, one of five business sectors of Fortune 500 company Midea Group, indicated it plans to become a key player in the global e-bike market. It announced at the end of…