According to the report, the global value of the electric bicycle market in 2020 is 40 billion euros, and it will increase at a rate of 15% per year from 2021 to 2028. From the perspective of European consumers, using electric bicycles can contribute to resist climate change. Electric bicycles are becoming more and more popular in Europe, attracting consumers who did not ride bicycles before. At present, Europe accounts for 40%of the market share, of which Germany (2 million units sold in 2020), France and Italy are leading positions.
Post time: Jun-10-2022