Electric Bike Market
The global pandemic of COVID-19 has sparked a surge in interest in zero-emission forms of transportation to reduce urban pollution. In the electric vehicle business, electric bikes have had a significant impact. The popularity of electric bikes is due to automotive manufacturers' ongoing efforts to make the bikes less bulky, expand battery range, and improve overall engine performance. OEMs are taking advantage of these consumer offers to enter into profitable markets for electric bikes. Data Bridge Market Research analyses that the electric bike (e-bike) market was valued at USD 47 billion
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