30 Jan '14, 12pm

E-Bikes to dominates light Electric Vehicle sales:130 million to be sold by 2025 #ebike #EV

The global light electric vehicles (LEV) sector is witnessing robust growth; actually, it is the most fastest-growing segment of the overall electric vehicles market. The highest growth rates are registered in China. Until recent years, ebike sales were concentrated in the EU, Japan and China. However, during the past few years almost every nation has bought the Chinese ebikes, and in certain cases in rather large volumes. Ebikes are and will remain the most popular LEVs, and their annual sales are poised to be estimated nearly 130 million up to 2025, enabling it to become the largest industry worldwide. Currently, throttle-controlled bikes are in high demand worldwide. A substantial part of ebikes sold annually belong to scooters.

Full article: http://evworld.com/news.cfm?newsid=32250

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