Global sales of electric bicycles continue to be booming

Home / News / Global development trend of electric bicycle

Global sales of electric bicycles continue to be booming

Dec. 14, 2021

Nowadays, a wave of electric bicycles is sweeping the world

    According to reports, the number one electric vehicle in the world is not an electric vehicle, but an electric bicycle. There are even predictions that electric bicycles will beat cars and change the way cities travel. While the enthusiasm of the people is rising, the governments of many countries are also vigorously providing support. The latest social policy bill of US President Biden includes a tax concession of 4.1 billion US dollars, just to "put people's asses on electric bicycles".

                         Global sales of electric bicycles continue to be booming

      Comments: The sales of electric bicycles have surged in the markets of Britain, America and other countries. According to market research firm NPD Group, from 2019 to 2020, the sales of electric bicycles in the United States increased by 145%. According to market research company Mintel, the UK electric bicycle market also increased by 70% last year, with sales reaching 170,000 units. Experts believe that this growth trend has no intention of slowing down at all. Deloitte estimates that the global sales of electric bicycles will reach 130 million from 2020 to 2023, and this trend may change the way cities travel.

Related Products
Related News
QQ
  • wechat

    Jane: +8618738996338

  • wechat

    Shanae: 18369818980

Chat with Us