- New research estimates that while 608,000 electric cars and trucks were sold in 2021, more than 880,000 electric bikes were also purchased.
- Edward Benjamin of the Light Electric Vehicle Association predicts that more than one million e-bikes will be sold in the United States this year.
- Rising gas prices may be a factor in the continued increase in e-bike sales.
People in urban areas are starting to realize that sometimes it’s faster to cycle than to drive from place to place. Especially when the bike is electrically assisted and able to zip through traffic at the same speed as most city speed limits, without having to park. And now that e-cargo bikes are increasingly available and equipped for comfort, it’s easier than ever to trade in the van for an e-bike.
Georgian station 11Alive has just investigated and verified the claim that more e-bikes were sold than electric cars last year. Their research team estimates that while 608,000 electric cars and trucks were sold in 2021, over 880,000 electric bikes were also purchased. That’s almost double the estimated 450,000 e-bikes that were sold in 2020.
Edward Benjamin of the Light Electric Vehicle Association predicts more than one million e-bikes will be sold in the United States this year as the bike industry slowly begins to rebound from the effects of supply chain downturns and lack of stock in bicycle shops. Electrek reports that in Europe, within the next 10 years, e-bikes could overtake all vehicle sales, including gasoline and electric.
The New York Times reported a similar boom, especially in e-bikes with cargo space for children. As parents struggled to avoid crowded subways during the COVID pandemic, e-bikes have become a convenient way to get kids to school in style, without breaking a sweat or requiring a parking space in the drop-off/pick-up area. in charge. “A lot of moms try to ferry their kids to school,” said Damon Victor, owner of Greenpath Electric Bikes in South Brooklyn. The temperature. He added: “It’s the freedom to easily get their kids in and out of school, the freedom to bike to work, the freedom to get around the parking lot, the freedom to get around traffic.”
While initially social distancing and the outdoor sports boom contributed to high bike sales, another reason to trade in a car for a bike came into play. Rising gas prices may be a factor in the continued increase in e-bike sales, Bloomberg reports. Although buying an e-car may still be out of many consumers’ price range, with e-bikes becoming more affordable, it is possible to get a decent e-bike for less than $1,500, making makes an easier purchase to combat high fuel costs. Sales at e-bike maker VanMoof have exceeded company projections over the past month, and co-founder and CEO Taco Carlier attributed the sales surge to rising gas prices in an email. at Bloomberg.
Electric bike sales have also overtaken non-electric bike sales in terms of popularity and growth (although not yet in real numbers), reports market research firm NPD. With a 240% growth in sales over the past year, e-bikes even outpace road bikes. As brands like Mini Cooper introduce even more subtle e-bikes designed to look more like innocuous unassisted road bikes, we won’t be shocked if sales skyrocket.
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