As lockdowns ease up and city dwellers look to avoid public transportation during the coronavirus pandemic, e-bike sales are flourishing. It’s surprising, then, to see a company the size of General Motors exit the business.
U.S. bike companies like Rad Power Bikes and Aventon Bikes all reported triple digit percentage growth in sales in some markets as the pandemic has reshaped city streets, according to a report from The Verge.
It’s not just the U.S. market, either. This trend has been confirmed by a number of electric bike manufacturers and retailers around the world.
Dutch e-bike manufacturer VanMoof told Electrek earlier in May that it noticed a significant rise in sales as early as March, with record-breaking online sales that were up almost 50 percent when compared to the same period in 2019. Read more…
More about Electric Bike, Gm, E Bike, Coronavirus, and Tech
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