Study: Electric bike sales to top 466 million by 2016

AN AMERICAN-BASED clean technology consultancy claims worldwide sales of electric powered two-wheelers will top 466 million units by the year 2016.

In its study 'Electric Two-Wheel Vehicles', Pike Research predicts worldwide sales of e-bikes, e-motorcycles and e-scooters are set to explode over the next six years.

“Demographics and economics are aligning to create a strong market opportunity for two-wheel electric vehicles,” says industry analyst Dave Hurst.  “In some countries, these vehicles will be engines of economic growth, while in others they will be signals of broader consumer behavioral shifts.”

China will dominate the global electric two-wheel vehicle market, representing more than 95% of sales during the next six years, claims Hurst.  He expects that e-bikes will the largest category with 56% of the market, followed by e-motorcycles at 43% and e-scooters in a distant third place with less than 1%.

Will most UK city centres be festooned with electric bikes in 10 years time?

We think so.