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Navigant forecasts modest global annual sales growth of e-bicycles, reaching 40.3M units in 2023

Green Car Congress

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.

Global 281
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Strong support for EV ambitions | Autocar Professional

Baua Electric

The Production Linked Incentive (PLI) scheme initiated by the government in March 2020, aims to significantly enhance domestic manufacturing capabilities across various industries. This sectoral expansion is expected to further stimulate economic activity and drive industrial development.

India 52