Navigant forecasts modest global annual sales growth of e-bicycles, reaching 40.3M units in 2023
Green Car Congress
NOVEMBER 5, 2014
Under Navigant Research’s aggressive scenario, in which e-bicycle become a stronger alternative to passenger vehicles in urban environments, global e-bicycle sales could reach as many as 44.4 This growth in demand is expected to result in revenue for global e-bicycle sales of $13.5 billion by 2023. million units annually by 2023.
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