E-Bikes Are Totally Smashing Electric Cars In Terms Of Sales, This Is Why

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Categories: Bike

How can you tell if someone owns an e-bike? They will tell you. Users of battery-powered two-wheelers will spread the word about the incredible technology.

You can easily end up finding E-bikes just about anywhere. The pandemic bike boom increased e-bike sales by 145 percent from 2019 to 2020, almost twice the rate of traditional bikes, according to market research firm NPD Group,

“COVID sort of propelled electric bikes forward by years,” Josh Squire, founder of bike-share service Hopr, told the newspaper.

The statistics may differ. However, industry experts estimate that around half a million units were sold in the United States during 2020. In addition, according to the Pew Research Center, Americans purchased 231,000 all-electric cars during that time.

This type of trend has the power to transform urban transportation. According to a 2019 study, three miles or fewer accounts for just over half of all car trips in New York City. An e-bike ride could possibly replace many short-distance car trips.

According to Deloitte, 130 million e-bikes will be sold worldwide between 2020 and 2023. E-bikes, not cars, appear to be the world’s best-selling EV at present.

E-bikes have already begun to be assimilated into public transportation in many major cities, including New York City, Chicago, and Charlotte. In addition, a bill in the US Senate would provide a tax credit when purchasing an e-bike, further encouraging this alternative mode of transportation.

As we are transitioning towards all-electric options, there might be a possibility that e-bikes rather than electric cars will be the next-gen mode of transportation.