Source: Verband der Sportartikelerzeuger und Sportausrüster Österreichs (VSSO). In 2020, in Austria for the first time more than 200,000 electric were sold. The market share of electric cycles increased, as well as the average price and total value of the electric cycle market.

By the end of last year, 203,515 electric cycles had been sold in Austria. Compared to 2019, this is just over 19% growth. The share of electric cycles in total cycle sales has risen to over 41% in 2020, while this was just under 39% in 2019.

All electric cycles sold in 2020 represented a total value of €613 million. While in 2017 the average price of an electric cycle was just under €2,500, last year it grew €3,012.

We have added these and more results to the LEVA-EU briefing Market Report 2020. Members receive this briefing for free. Non-LEVA-EU member can purchase the briefing for €250 (ex. VAT) including all updates to be published this year. If a company joins LEVA-EU within three months of first buying the briefing, that cost will be deducted from the membership fee.

To obtain the briefing, simply send a mail daan@leva-eu.com with your company details and VAT number. This allows us to send you the invoice. You will obtain the briefing upon payment of the invoice.

If you are looking for more information on the European LEV-market, you may want to consider joining LEVA-EU. All further details are here or contact Annick Roetynck at +32 9 233 60 05, e-mail annick@leva-eu.com.

Photo credits: IntuEdrive / Ellio