20 million batteries/IC, 300,000 tons of scrap metal, more than 30 cemeteries, and the tide of scrap

In the heyday of the shared bicycle industry, there were more than 70 brands across the country. With the accelerated integration of the industry, more than 60 brands have been withdrawn from the market, forming a three-pronged situation dominated by Mobike/Harrow/ofo.

According to data from the China Bicycle Association, in 2016, a total of 2 million shared bicycles were released in 30 cities across the country; according to the "China Shared Bicycle Industry Development Report (2018)" jointly released by the China Academy of Information and Communications Technology and the Mobike Policy Research Institute, In 2017, 23 million new cars were launched in 200 cities across the country. According to the above data, at least 25 million shared bicycles will flow into the market within two years.

Since last year, the bike-sharing market in various cities has reached saturation. Many cities have explicitly ordered the launch of shared bikes. However, the disadvantages of low vehicle activity and high man-made damage and loss rates have appeared everywhere. Due to the high cost of operation and maintenance of shared bicycles, the maintenance and recycling work of enterprises is not in place, leading to the emergence of shared bicycle cemeteries in various places.

At present, there are more than 30 known shared bicycle cemeteries in the country, scattered in more than 20 cities. Most shared bicycle cemeteries park more than 10,000 bicycles. Among them, the bicycle cemetery in Tongan, Xiamen has more than 100,000 bicycles when it is larger. Among them, mainly man-made damaged, unclaimed and impounded vehicles. With reference to the mandatory scrapping standards for shared bicycles promulgated by Beijing and Shanghai, the scrapping time limit for a shared bicycle is 3 years, and the scrapping wave will arrive in 2020, when more than 300,000 tons of scrap metal will be generated. The government has not established a sound extended producer responsibility system, and the cost of recycling is relatively high. Most companies do not pay attention to recycling of bicycles. These scrap metals are facing difficulties in recycling.

The number of shared bicycles of the Mobike and ofo brands currently on the market has reached tens of millions. Mobike adopts electronic locks. Ofo uses mechanical locks for its predecessor products. The subsequent products use electronic locks. Other brands of bicycles also use electronic locks. Mainly electronic locks. At present, most of the bicycles with problems have electronic lock failures. It can be seen that electronic locks are relatively easy to wear accessories.

As the market becomes increasingly saturated, the total number of shared bicycles will only decrease but not increase. The plans introduced in various places also involve the recycling of shared bicycles. The government stipulates that companies must first recycle scrapped vehicles before they can put in new vehicles, and there are also restrictions on the number of new ones, so as to gradually control the total number of shared bicycles. For the upstream supply chain, the previous blowout development will no longer exist. However, as scrap bicycles continue to be recycled, corresponding new products will be put on the market. In the future, the development of the entire bicycle sharing industry will tend to be stable.

What is worthy of recognition is that shared bicycles combine traditional old bicycle technology with emerging mobile Internet, NB-IoT locks, electronic fences, satellite positioning, composite materials and other technologies to enhance technological innovation and create a large number of employment opportunities. If bicycle-sharing companies control the number and solve the recycling problem, the entire industry will gradually enter a virtuous circle.