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Where German Cars Falter, E-Bikes Gain in Power

01 Oct 2023 | Abstracted from NY Times

"E-bikes sales in Germany have jumped, as drivers, suppliers and even automakers embrace their role in the future of transportation."

"Sales of bicycles in Germany reached a record 7.36 billion euros, or $7.8 billion, in 2022, with e-bikes accounting for nearly half of sales...At the same time, the number of privately owned cars could drop by as much as 25 percent as consumers shift to car sharing and alternative mobility models."



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