E Bike Sales Statistics 2018

E bike sales totaled 77 1 million in 2017 up 91 percent over the previous year.

E bike sales statistics 2018. Remaining 0 5 of the total e bikes sold are of speed pedelecs. This statistic shows the e bike sales in china from 2010 to 2020. The 45 km hr models which are type approved and for which the insurance and helmet obligation applies. In the period of consideration the number of e bikes sold on the.

In china 36 million e bikes are manufactured a year on average. E bike sales have surpassed sales of regular bicycles in the netherlands. In 2019 the e bike sales in germany captured a 25 share in the total bicycle market. The chart below shows the estimates of the e bike sales by various world regions with projections for 2018 from pike research.

From the analysis we can say that the e bikes are very popular among the people of china. A factor that contributes to the bicycle market s overall financial growth is the average price of a sold e bike which is going up. E bike sales in china between 2010 and 2020. In 2015 around 14 35 million e bikes were sold in china.

It is projected that in 2020 around 15 83 million e bike will be sold in china. Sales of electric bikes have grown more than eightfold since 2014. Between 2017 and 2018 the e bike market grew by 9. Out of the total e bikes sold in germany 99 5 are of 250w 25km h models.

The majority of negative perceptions of e bikes are related to safety issues.