Navigant forecasts modest global annual sales growth of e-bicycles, reaching 40.3M units in 2023
Green Car Congress
NOVEMBER 5, 2014
In a new report , Navigant Research forecasts that global annual sales of e-bicycles will grow modestly from 31.7 million e-bicycle sales this year under the base scenario, representing 91% of the total global market. This growth in demand is expected to result in revenue for global e-bicycle sales of $13.5 billion by 2023.
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