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Pike Research forecasts annual sales of electric bicycles to surpass 47M units by 2018; Li-ion battery share to climb to 12%

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Electric bicycle sales by region, world markets: 2012-2018. between 2012 and 2018, resulting in global sales of 47.6 million vehicles in 2018, up form more than 30 million units in 2012. billion revenue in 2018, Pike suggests. billion revenue in 2018, Pike suggests. Source: Pike Research. Click to enlarge.

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

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The greatest challenge is the same as that which is plaguing the adoption of fuel cells in the automotive market—the buildout of low-cost green hydrogen infrastructure. In 2018, Beijing and Shanghai had 9,368 pure electric buses constituting 55% of the combined fleet, all initially powered by a 50% purchase subsidy.

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