The ebike market is expected to grow from 31 million units in 2013 to some 38 million by 2020, a $10 billion per year market from $8.4 billion today. Many of these units are expected to be sold in China where 210 million eBikes may reside by the end of 2013. About 28 of 31 million 2013 ebike sales will likely be made in China.
he electric two wheel trend is catching on in other countries as well. The Western European ebike market is growing and now represents 20% of world ebike revenue.
An estimated 20,000 e-bikes have been sold in Australia, and 130,000 units annually in India. The German - Dutch market has expanded to 300,000 ebikes, and growing. In Holland, 25% of bikes sold are eBikes, 20% in Germany, and 10% in Switzerland. In the US people are now using ebikes for transport.
EBikes in Italy are booming. Gas has hit near $10 per gallon. Car sales have dropped 25% while eBike sales reached 50,000 units, up 10%.
Future Sales Estimates
By the year 2018, it has been estimated that the global market could reach 50 million eBikes. That is over $13 billion in revenues.
Most of the sales are predictably forecast to be in to be in China. Western Europe could reach 1.5 million units or 12% of sales. The U.S. Is estimated to come in with around 350,000 eBikes per year in the same period. Some 107,000 were sold in the U.S. in 2011.
San Diego, CA EBike shop owner Ivan Stewart: "Our most common customers are young couples in their 30s who say they canít afford a second car."
Head to the Electric Assist Bikes page for an explanation of what you need in terms or eBike power. Before you get carried away with power, look at what is legal on the eBike Laws page. For pure power on the track, check out the fastest eBike page.
We are into kits. You can put together a DIY ebike every bit as good as a factory model for half the price or less. Head to our Electric Motor for Bike page to see summaries of ebike kits, what they do, and their cost.
Finally, if you like the idea of a kit and want a some help with your own e bike kit conversion, head over
to our DIY page.
There are hundreds if not thousands of different types of electric bikes (e-bikes)and scooters. These electric vehicles may be small, but they are many.
Our first DIY eBike in the mountains. See it go along with eBike 2.0 Here.
About half of all local trips made are within 10 miles from the home. This is well in the range of eBikes.
1,000 miles of eBike travel saves 50 around gallons of gasoline.
Not burning 50 gallons of gas saves 1,000 pounds of carbon and other pollution from the air.
eBikes can get equal to 2,000 miles per gallon of fuel economy.
With such great fuel economy, eBikes are very economical
U.S. eBike sales are expected to triple in the next five years from 90,000 to around 265,000 annual units in the U.S. Additionally, the Government has allowed tax credits for eBikes, scooters, and cyles up to $2,500.
In Holland, one of every five bikes sold is electric. One
million Dutch eBikes are on the road.