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eAdventures

Austria Tops Record €1 Billion Bicycle Sales in 2021 as eBikes Boom to 45% Market Share

release by VSSO

April 29, 2022 - Bicycle sales figures for 2021 in Austria topped €1 billion for the first time, a +17% increase over last year – sales have tripled since 2015.

The e-bike boom continues in Austria for record overall sales topping €1 billion. © VSSO

Almost every second bicycle sold is an e-bike – total share: 45%, for bikes for adults: 55%. This makes Austria once again the strongest market in the DA-CH region.

A total of around €756 million (€756,249,657) was turned over with e-bikes sales in 2021. That is about 73% of the total bicycle sales in 2021.

In 2021, more than 2,200 e-cargo bikes were sold for the first time. The sales volume has thus doubled again (+ 136.5 %) after a strong increase in the previous year.

The bicycle has become indispensable as a means of sustainable, healthy and individual mobility which is underscored by the increase in government funding for cycling to around 60 million euros per year.

Read the full report here.

Posted in eNews

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