Friday, January 28, 2022

Year Ender 2021: Electric bikes rise in popularity; Sales of e-bikes doubled in 2021

New Delhi, Auto Desk. After the hike in fuel prices in India, people started looking for its alternative. At the same time, automakers launched more than one electric bike, scooters in the Indian market in 2021. As soon as the luxurious electric two-wheeler was launched, people preferred the electric option. As per the sales figures, the sales of e-bikes have more than doubled as compared to the previous year.

Deloitte estimates that between 2020 and 2023, 130 million e-bikes will be sold worldwide. Interestingly, it is the e-bikes and not the cars that are currently making a name for themselves as the world’s best-selling electric vehicles or EVs. Hence, in line with these trends, e-bikes undoubtedly have the potential to transform urban transit.

reason for increasing popularity

The COVID-19 pandemic has forced people to own or use their e-bikes for commuting instead of using crowded public transport. On the other hand, due to the increase in the prices of petrol in India, people chose electric two-wheeler as their true partner. Urban customers are the biggest among those opting for e-bikes. Considering the increase in the demand for electric two-wheelers, the sales of e-bikes are also set to increase. Hence, the year 2021 is definitely going to be a very promising year for the e-bike makers.

Ankit Kumar, CEO, Go Zero Mobility said, “The traffic congestion in Indian cities is increasing day by day. With the increasing number of vehicles, the existing infrastructure is unable to meet the mobility needs in every city and street. Traffic jam hampers the efficiency of the people and takes a long time in waiting. As a result, the government today is encouraging the sale of e-bikes as they occupy less space resulting in more minor traffic jams and also reducing the carbon footprint pressure on the environment.

Edited By: Atul Yadav

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