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Analysts predict there will be hundreds of millions of ebikes on the road by 2023.
Worldwide, more than 130 million ebikes will be sold from 2020 to 2023, representing a value of $20 billion, according to a new report from the Technology, Media, and Telecommunications practice at Deloitte. The consulting and advisory firm also predicts that annual global ebike sales will reach 40 million units in 2023, far eclipsing the 12 million electric automobiles and trucks Deloitte is forecasting to be sold in 2025.
Read The Full Article On: Popsci