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18 Jul 2024

Cytech training provider Activate Cycle Academy is to exhibit at the GT Malverns Classic Mountain Bike Festival 2024, an event often described as the “Glastonbury of mountain...

15 Jul 2024

The cycling industry is “ripe” for smart investment, and a renewed wave of merger and acquisition deals, as it looks ahead to a profitable 2025 and “significant” medium...

15 Jul 2024

The Independent has published its list of the best electric bikes of 2024 after testing a series of folding, hybrid and city e-bikes.

15 Jul 2024

Community groups and other not-for-profit organisations in Greater Manchester can now apply for funding to set up their own bike library.

15 Jul 2024

Andrew Goodacre, CEO of ACT parent company Bira -the British Independent Retailers Association – has met with the new Secretary of State for Business and Trade Jonathan Reynolds and...

15 Jul 2024

The London Cycling Campaign has teamed up with Lime and Loud Mobility to launch a new £100,000 ‘Share the Joy’ fund to increase cycling within...

8 Jul 2024

Become a Luchos Distributor - Deal Directly

2 Jul 2024

We recently reported that a £1 billion damages claim had been filed against Amazon on behalf of retailers selling on Amazon’s UK marketplace for illegally misusing their data and...

2 Jul 2024

In the first of an occasional series of features, we are delighted to introduce you to Ross, an expert trainer in Glasgow, and one of the most recent trainers to join the Cytech family.

1 Jul 2024

ACT member e-Velo is to open a new store in the Royal Arcade in Norwich in July, selling a range of e-bikes from some of Europe's top brands.

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E-bike sales drive European market growth

Posted on in Business News , Cycles News

Bicycle sales slowed sharply in Europe in 2022 after strong growth during the pandemic. But whilst traditional bicycles were less in demand electric bikes continued their explosion, the European Confederation of the Cycle Industry (Conebi) said last week.

cyclist


14.7 million bicycles without electric assistance were sold in 2022 in the EU and the UK – down 9.1% on 2021.


But electric assist bicycles (EABs) reached a record 5.5 million units, a rise of 8.6%. In particular, Germany, France and the Netherlands saw marked increases in demand. This now means that one in four bicycles sold in Europe is electric.


This trend can also be seen in Belgium, where e-bikes are seeing a significant surge in sales. Last year, around 700,000 bicycles were sold in Belgium, a large part of them electric bikes. While the traditional bicycle market grew just 2.6%, e-bikes saw sales grow 50% last year.


As EABs are considerably more expensive than “muscle” bikes but the decline in the number of bicycles sold has not prevented EU sales revenue from rising. In 2022 this reached €21.2 billion – a growth of 7.4% on the year previous.

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