Navigant forecasts modest global annual sales growth of e-bicycles, reaching 40.3M units in 2023
Green Car Congress
NOVEMBER 5, 2014
Innovative emerging trends in the e-bicycle market have helped position the industry for increased market growth, the report observes. Rebounding economy in North America and, to a lesser degree, Europe. Demographically, e-bicycle riders have been shifting toward younger populations, the report says.
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