Taiwan - At the Ideal Bike shareholder meeting held on June 14th, the Board discussed and approved the investment in a Vietnamese plant. According to a China Times report, Ideal expect expect to make an initial investment of about US$5 million in a plant with an annual capacity of about 200,000 bicycles, and could be further scaled up to a capacity of 1 million within 5 years. and to five years, so that the production scale further increased to 1 million. Production will focus on supplying mid
