What you need to know: Sales of ebikes are eventually expected to comprise half of all bike sales, meaning about 75m units will be sold each year, up from about 30m currently. The United States could see one of the biggest increases: Some 300k ebikes will be sold this year and that number is expected to increase to 2m within the next few years and eventually 7m annually.
How you can capitalize:
- Design a low-cost model of ebike to sell direct-to-consumer.
- Build apps that allow luxury ebikes to communicate to other riders and emergency responders.
- Design electric-powered mopeds and motorcyles.
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