EU electric bicycle market grows and blooms

Bike Europe reports record sales of electric bicycles in Europe in 2017. All segments, i.e. conventional pedelecs, speed pedelecs and electric mountain bikes continue to grow. Bike Europe pays special attention to the results in France, Italy, Germany and the Netherlands.

The French market was boosted by a national subsidy scheme awarding € 200 for the purchase of an electric bicycle. This pushed sales up by 50% compared to 2016.

In the meantime, subsidies for electric bicycles have also been introduced in Sweden and Finland, whilst Belgium has opted for a subsidy for electric mopeds and motorcycles.

The growth percentages reported by Bike Europe, ranging from 9 to 50%, are not really in line with the alleged threat of injury argued by EBMA in their dumping complaint against import of electric bicycles from China.

The full Bike Europe article is here: http://www.bike-eu.com/sales-trends/nieuws/2018/3/e-bike-sales-soared-in-eus-main-markets-10133378

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