E-bike sales soaring in Germany, projected to outsell regular bikes for first time

Germany is set to hit a milestone this year with e-bikes outselling pedal bicycles for the first time.
E-bike sales in Germany reached a record $7.8 billion last year, making up nearly half of total bike sales.
Surveys show Germans are 2.5x more likely to use an e-bike compared to an electric car.
Europe could see e-bikes outnumber all cars, electric and combustion, by the end of the decade.
Experts predict up to 10 million annual e-bike sales in Europe by 2025, fueled by a drop in car ownership.

electrek.co

Relevant topic timeline:

8/3/2023

BMW is pumping more cash into EVs ‘than originally planned’

Main topic: BMW's progress in electric vehicle sales and investment in e-mobility. Key points: 1. BMW's electric vehicle sales increased to 12.6% of total deliveries in the first half of 2023, up from 10% in 2022. 2. The company aims to achieve a 15% share of battery-electric sales by the end of 2023. 3. BMW is investing more than originally planned in the global ramp-up of e-mobility due to increasing demand for electric cars. 4. The automaker increased its research and development spending by nearly 19% in Q2 2023, reaching about $2 billion. 5. BMW has not set an end date for selling combustion engine vehicles, stating that there is no indication that the world is renouncing them. 6. This contrasts with other automakers like Mercedes-Benz, Ford, and GM, which have plans to phase out combustion-engine sales by 2040.

8/22/2023

Cleveland startup bringing innovative, transformable electric bikes to the market

Main topic: The electric bike industry in Northeast Ohio Key points: 1. Electric bikes have outsold electric cars in recent years. 2. A Cleveland startup called LAND is manufacturing two-wheel electric vehicles and batteries. 3. Northeast Ohio has a strong automotive infrastructure and is positioned to capitalize on the growing EV market.

9/4/2023

BMW, Mercedes launch biggest EV push yet to catch Tesla with new models

BMW and Mercedes are intensifying their efforts in the electric vehicle market, unveiling new platforms and concept cars in response to competition from Chinese automakers and Tesla, although they may still lag behind in certain aspects.

9/4/2023

Continental Taps Google’s AI Technology for Cars: Munich Update

Europe's automakers are showcasing their latest electric vehicles at the IAA Mobility car show in an attempt to compete with Tesla and counter the increasing competition from Chinese companies such as BYD and Xpeng.

9/4/2023

Mercedes-Benz: Europe likely won't be ready for all-electric sales by 2030

Mercedes-Benz does not expect all of its sales in Europe to be all-electric by 2030, but will have its line-up ready, according to CEO Ola Kaellenius, citing the need for infrastructure and market demand for the transition to electric vehicles.

Topics

Posted 10/1/2023, 6:25:00 AM

E-bike sales soaring in Germany, projected to outsell regular bikes for first time

Germany is set to hit a milestone this year with e-bikes outselling pedal bicycles for the first time.
E-bike sales in Germany reached a record $7.8 billion last year, making up nearly half of total bike sales.
Surveys show Germans are 2.5x more likely to use an e-bike compared to an electric car.
Europe could see e-bikes outnumber all cars, electric and combustion, by the end of the decade.
Experts predict up to 10 million annual e-bike sales in Europe by 2025, fueled by a drop in car ownership.

electrek.co

Relevant topic timeline:

8/3/2023

BMW is pumping more cash into EVs ‘than originally planned’

8/22/2023

Cleveland startup bringing innovative, transformable electric bikes to the market

9/4/2023

BMW, Mercedes launch biggest EV push yet to catch Tesla with new models

9/4/2023

Continental Taps Google’s AI Technology for Cars: Munich Update

9/4/2023

Mercedes-Benz: Europe likely won't be ready for all-electric sales by 2030