Photo Credit:Fair Use [17 U.S.C. § 107]

Riding Towards Sustainable Future with Zero Fuel & Minimum Emissions: Electric Bike Market Projected to Reach US$ 150 Billion by 2033

28 Jul 2023 | Abstracted from Investors Observer

"These bikes are gaining popularity due to their convenience, adaptability, eco-friendliness, and stylish appeal. Increasingly, customers are considering e-bikes as superior alternatives to scooters, cars, and public transit options.

"The electric bike market is anticipated to thrive at a steady CAGR of 10.2 % between 2023 and 2033. The market is expected to have a market share of US$150 Billion by 2033..."

ADDITIONAL RELATED NEWS LINKS

• This One Delivery Switch Could Save UPS & Co. Billions - No, Really


• NY Governor Signs Into Law Lithium-Ion Battery Safety Legislation


• Drone Manufacturer DJI Unexpectedly Enters Cycling Market With Avinox eMTB Motor


• First Round Of Atlanta's E-Bike Rebate Applications Closes With Overwhelming Response


• Global Micromobility Market Set To Reach $520 Billion By 2035, As UK Ranked 3rd In Europe


• Report: Cities are Undermining Sustainable Mobility with Fees and Taxes


• The Real Reason Why Bicycles are the Key to Better Cities


• NYC Dept. Of Transportation Authorizes Electric Cargo Bikes For Use On City Streets


• How - and Why - To Start a Neighborhood E-Bike Library


• Resident Seeks Advice After HOA Frustratingly Bans Electric Transportation: 'This Is Becoming More Common Unfortunately'