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Over 5 million shared bikes in China are using services offered by Beidou Navigation Satellite System(北斗卫星导航系统). These shared bikes all use Beidou based positioning chips(芯片).

The chips have high qualities. They can deal with information accurately and quickly. They feature low power consumption. They provide a better user experience and easier management for the local companies. Now, several new models of shared electric bikes with Beidou-based chips have also started to be produced and put into market. Besides positioning and navigation, the chips will help users and bike companies record user speed and battery condition of an electric bike. The possible crimes during the bike using will also be recorded.

In fact, years ago, shared bike companies began to use positioning chips which worked well with both GPS and Beidou services. After the Beidou system became fully in use in the summer of 2020, shared bike companies startedinstallingBeidou-based chips on more bikes in more areas. The latest chips which are popular with bike companies are smaller and have more advantages over the old types.

Since 2000, a total of 59 Beidou satellites have been lifted from the Xichang Satellite Launch Center in Sichuan Province. After the final satellite was lifted in 2020, the system was completed and started providing global services. Beidou Satellite System is designed and developed by China and it is one of four global navigation networks, along with the United States' GPS, Russia's GLONASS and the European Union's Galileo.

According to a research in 2022, by the end of 2021the total value connected with satellite navigation and positioning services in China was 469 billion yuan, a 16.3-percent increase year-on-year. More than 500,000 Chinese people now work at around 14.000 China's companies and organizations doing business connected with Beidou and other satellite navigation and positioning services.

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