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Word: chongshun (lookup in dictionary) (lookup stats)
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...encouraged a huge number of e-bike companies to open in China. In 2006 there were 2,700 licensed manufacturers, and countless additional smaller shops. Rising to the top of the heap is not easy. Leading manufacturer Xinri (the name means "new day") was founded in 1999 by Zhang Chongshun, an auto parts factory executive who recognized the potential of the field. In its first year Xinri built less than 1,000 bikes; last year it churned out 1.6 million. (See pictures of bicycles...

Author: /time Magazine | Title: On the Streets of China, Electric Bikes Are Swarming | 6/14/2009 | See Source »

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