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China tech

Chinese e-bike startup zips into space created by new regulations

Star Drive sees latecomer status as advantage in huge potential market

Star Drive, which develops e-bikes equipped with smart batteries and other cutting-edge features, aims to establish an entire ecosystem -- from sales to charging and servicing. (Photo courtesy of Star Drive)

BEIJING -- Star Drive, a Chinese electric bicycle startup founded in 2016, is poised to grab market share from leading brands under new safety technology standards imposed by Beijing this year.

The company recently unveiled a new product -- called the Jike. King -- which took two years and several million dollars to develop. The bike is scheduled to go on sale at the end of June in a Chinese market where 250 million electric bicycles are already owned.

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