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eBike Sales in EU up 34% and Predicted to Gain 50% of Marketshare by 2025

July 11, 2021 - The booming popularity of e-bikes will soar to half of all bicycles sold in Europe by 2025 predicts Claus Fleischer, chief executive officer of Bosch eBike Systems, one of the world’s biggest suppliers of electric bike parts, reports the Financial Times.

Last year, 4.5 million e-bikes were sold in Europe according to the Confederation of the European Bicycle Industry (Conebi), a 34% increase over 2019.

The growth reflects the desire of commuters to avoid public transport and cars in an effort to steer clear of crowds and traffic snarl-ups, while using a greener way to travel.

“Over the next three to four years, every second bike in the European core markets should be an e-bike,” said Fleischer. “If you take away the excuses, then people like to cycle longer and farther.”

Read the full report here.

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