The US is entering the era of the electric bicycle. The favored conveyance of New York City delivery workers, the e-bike has now gone mainstream: Sales in America have outpaced conventional bikes for three years running.
While conventional bike sales declined slightly in 2018 and 2019, e-bikes soared more than 50%, according to data from market research firm NPD. And they’ve gone into overdrive during the coronavirus pandemic. E-bike sales have more than doubled since January, outpacing even huge sales growth in conventional bicycles.
The US is following the global trajectory. Consulting firm Deloitte is predicting (pdf) a “surge” of 130 million e-bike sales in the next three years. By 2023, it expects 300 million e-bikes to be on the streets, compared to less than 10 million electric vehicles (including cars and trucks).
That would make e-bikes the best selling electric conveyances in