Annual sales of e-bicycles expected to surpass 360 million by 2023, says Navigant

As innovation in engine-powered two-wheel transportation accelerates, the market for e-bicycles is expected to expand. The technological trends contributing to this development include combined throttle-control and pedal-assist models, electric cargo bicycles, all-in-one retrofit kits and wheels, 3D-printed bicycles, and the use of e-bikes in security applications. According to a recent report from Navigant Research, worldwide sales of electric bicycles are expected to surpass 360 million annually by 2023.



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via Yuichun