EBike Market worth 772 billion by 2028 Exclusive Report by MarketsandMarkets

EBike Market worth 772 billion by 2028  Exclusive Report by MarketsandMarkets
CHICAGO, April 3, 2023 /PRNewswire/ — E-bike Market is projected to reach USD 77.2 billion by 2028 from USD 51.5 billion in 2023, at a CAGR of 8.4% from 2023 to 2028, according to a new report by MarketsandMarkets. The growth in the E-Bike industry is expected mainly because E-Bikes offer a healthy, eco-friendly solution for commuting at a much lower price than electric two-wheelers and help deal with increasing traffic congestion. The E-Bikes are mainly popular in European and American countries where governments have invested in dedicated bicycle lanes and incentivized the E-Bikes to promote emission-free transport. e-MTBs have…

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