The Development History of China's Electric Toy Car Industry

Electric toy cars are one of the most original and innovative products with Chinese characteristics since the reform and opening up. It is a national industry that is green, environmentally friendly, close to people's livelihoods, and has high independent property rights. It is in line with China's basic national conditions and has great potential for development. Since the first light electric toy car was introduced in 1995, electric toy cars have become an important companion for children. The Chinese electric toy car industry has grown from scratch to a scale of hundreds of billions, and has achieved significant development in the past 20 years.

China is the world's largest producer, consumer, and exporter of electric toy cars. The development of the electric bicycle industry has gone through four stages: initial stage, initial scale stage, high-speed development stage, and mature stage.