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The Popularity Of E-Bikes Is Exploding. A $24 Billion Industry By 2025

Monday, June 12, 2017 8:57
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Electric transportation is quickly becoming the new normal. E-Bikes are riding that wave. There are some legal obstructions, but those are quickly being overcome by the rising trend.

Chisholm is part of a small but growing number of planners and biking advocates who believes that opening up our bike lanes and roadways to electric bikes, or e-bikes, would be a boon for American cycling. Rules and enforcement around the motorized vehicles vary greatly from city to city and state to state based on helmet requirements, top speeds, and minimum age to ride. Some enforce outright bans on electric bikes, which is the main reason the market in the U.S is still small—fewer than 100,000 e-bikes were sold in 2014, according to Bike Retailer and Industry News.

But when you consider the wide variety of bikes available, from fully automated rides to pedal-assist systems that give a boost, and the growing international market—global sales should hit $24.4 billion by 2025, according to a Navigant Research study—Chisholm sees plenty of possibilities.

Here in Colorado, a law was passed to classify E-Bikes as bicycles, which allows them onto bike paths.

A recently passed Colorado law is boosting the e-bike cause. The law removes electric bikes from the definition of motor vehicles, defining e-bikes in three categories.

Bicycles have been around for a long time. It never ceases to amaze me how much money people spend on their bikes. Higher end bicycles go into the 10′s of 1000′s. Electric bikes range from $500 to $25,000+, so there is a scramble to produce the most desirable design and functionality. The energy being put into this sector is amazing, and fun to watch. Here is video of some currently available designs. I think you’ll be impressed with the diversity and technological advances being made in this niche market, ripe for plucking.



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