E-bike sales predicted to quadruple in three years in Germany

‘The electric bike is not a short-term trend’

The growth of the electric bike market is set to continue on the continent, according to trade sources.

Mathias Seidler, CEO of Derby Cycle of Germany, owner of the Kalkhoff and Focus bike brands, said: “The electric bike will be a standard product, not a short-term trend.

“In Germany, in 2008, 100,000 e-bikes were sold, but I believe that sales will quadruple within the next three years.”

E-bike consultant Ed Benjamin added: “The electric bicycle is going to evolve and improve in ways we probably don’t appreciate today.”

Head to the interviews and features section for more on the present and future of e-bikes globally.

In other news...

TSG to sell stake in Nuun to Nestlé Health Science

Private equity firm TSG Consumer Partners is to sell its stake in Nuun Hydration to Nestlé …