E-bikes Are Gearing Up For Growth
14 Jan 2024 | Abstracted from Lombard Odier (Swiss Private Bank)
"E-bikes make up 30% of the more than 160 million bikes sold every year, meaning they have a market share more than double that of electric vehicles.""With 70% of the global population expected to live in cities by 2050, up from 50% today, there could be a long and promising road ahead for e-bikes...The elevation of the e-bike creates an interesting investment opportunity. Government backing for micromobility supports this..."
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