Source: Bike Europe
Though the volumes are still small, the US consumer is seriously starting to embrace the e-bike. Between January and July the total market doubled in units and value, as claimed in a recent BPSA (Bicycle Product Suppliers Association) study.
According to the BPSA report, the e-bike category has nearly doubled its growth in value from USD 16.7 million (€ 13.95m) in the first half of 2016 to USD 31.8 million (€ 26.57m) through the first six months of 2017. The number of units shipped have also nearly doubled, from 8,213 in the first half of 2016 to 15,930 through the first half of this year.
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