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Luyuan Electric Vehicle Co. |
Luyuan, meaning green power in Chinese, was started in 1996 with two people and one machine
in a tiny workshop, and today it is the largest electric bicycle manufacturer and the most respected
e-bike brand of China with close to 1.5 million Luyuan vehicles rolling on the roads of China and
the world. It all began with a simple belief that the current way of life on cars and oil would hardly
be sustainable. Mr. Jie Ni, the founder, left a leading local venture capital firm to pursue his dream
to provide an environment friendly vehicle to ordinary people in a country of 1.3 billion population
and in an economy growing at a red hot speed to meet its energy challenges.
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