June 11, 2021 - Electric bike sales exploded in the US by 145% as cycling surged during the pandemic up 65% between 2019 and 2020 according to a New York Times article reports the World Economic Forum.
In Europe, it’s predicted that twice as many bikes as cars will be bought each year by 2030, but can bicycle infrastructure catch up ask industry experts.
The number of e-bikes sold each year in Europe could go from 3.7 million in 2019 to 17 million by 2030. If those predictions are accurate, twice as many bikes as cars will be registered per year in the European Union, a Forbes article suggests.
“Growth will be possible only with the right regulatory environment and a clear industrial strategy across the EU and beyond,” says Manuel Marsilio, General Manager of the Confederation of the European Bicycle Industry (CONEBI).
Read the full article here.