Why Folding Electric Bike Sales Are Booming in 2020
Our city streets have gone electric. If you’re living in an urban centre or been to one recently, you’ve probably noticed the increasing number of eco-friendly vehicles like folding electric bikes and scooters zipping to and fro. This electric bike sales boom shouldn’t really come as a surprise, as conditions are ideal for growth.
We’re going to see a lot more electric bicycles on the roads; Deloitte predicts that global ebike sales will skyrocket to 130 million over the next three years. There are many factors contributing to the rapid, and ongoing, growth of the personal transportation industry. We’re going to take a look at a few of the more significant ones.
Electric Bikes Make It Easier to Get Around in The New Normal
The novel coronavirus has forced us into “The New Normal”, where “normal” means lockdowns, remote working, social distancing, and facemasks. COVID-19 has also prompted a surge in bicycle sales in part because they make it easier to adhere to social distancing rules.
With an electric bike, you save yourself the stress of sharing public transport space with other commuters. In addition to minimizing the risk of exposure to the coronavirus, commuting on an ebike also means no more cheek-to-jowl rides on crowded busses or subways during peak hours.
Governments Are Making it Better to Bike
To reduce traffic congestion and air pollution that comes with population growth and increasing urbanization, our governments want us to cycle.
To encourage us to ride our bikes in town, all levels of government are investing in cycling infrastructures, with a focus on creating dedicated lanes. For instance, the UK has committed £250 million to the construction of new bike lanes and safer junctions. With a budget of €300 million, Paris is building 400 miles of pop-up bike lanes and transforming the city’s biggest cross-city through route into a bike-only highway. Local governments are also offering subsidies and other ebike incentives to drive adoption and push eco-friendly initiatives.
These programs and incentives have helped spur electric folding bike sales globally, especially in Western Europe, the US, China and Singapore.
Clean Transportation for Clean Air
Even without the threat of coronavirus and other airborne illnesses, more people are enjoying the fresh air and personal space they get when getting around town on an electric bike. While “fresh air” doesn’t immediately come to mind when talking about urban centres, lockdowns have resulted in less congested streets, which has caused a drop in pollution levels.
The rise of the electric bike can also be attributed to more environmentally conscious consumers. As they reduce their personal carbon footprints, they’re preserving the huge improvements in air quality that cities across the globe have experienced during COVID stay-at-home orders and business closures.
A Quicker, Cleaner, More Comfortable Commute
With all the improvements cities are making to their cycling networks, commuters have even more reasons to buy eco-friendly folding electric bikes. If, like most of us, you travel to and from the office during peak hours, bike lanes keep you out of gridlock, enabling you to travel more quickly than you would in a car or bus.
More commuters also see the value in riding a bike that is less physically demanding. As an e-cyclist, you put in less effort than a regular cyclist, so you’re not going to arrive at work sweaty and in need of a shower and a change of clothes. On commutes where the motor does all the work, you simply need to expend a few seconds of energy unfolding and folding your electric bike at the start and end of each ride.
Electric Bikes Are for All Fitness Levels
The opportunity to enjoy the health benefits of cycling at a comfortable pace, regardless of fitness level, has also contributed to the ongoing surge in ebike sales.
Because they require less physical effort to use than a normal bike, electric bikes make cycling appealing to those who might be concerned about overexerting themselves. So if you feel like you could be in better shape, a folding electric bike is a great way to start exercising. You can let the motor do the work when you need to, such as when you’re going uphill, riding into headwinds, or transporting something heavy.
Electric Bike Technology Keeps Getting Better
Continuous innovations are also helping drive new and upgrade electric bike sales. The lithium-ion batteries that power them are lighter, cheaper, and more powerful than ever. Many use the same cells used in the Tesla Model S, and some include a USB output so you can charge your smartphone, tablet, or any other device while you’re riding.
Technological advances also include safety and comfort features that are important to riders. For instance, integrated wireless turn indicators, bright front and rear LED lights, and onboard computers give you peace of mind and convenience that help ensure a great riding experience every time you hit the road.
Advances in the construction of the bikes themselves have also increased their appeal. E-bikes made of carbon fibre are both lightweight and robust. Easy to fold, unfold, carry, and store, folding electric bikes are especially popular among RV owners and people who live in small spaces.
Electric Bikes Are Trending, Not Trendy
E-bikes and other modes of electric personal transportation are riding a rising wave of popularity. With increasing awareness of the benefits they bring to air quality and quality of life, more people are opting to get around town on folding electronic bikes. Governments are giving us even more incentive to become a part of this rapidly growing trend.
While the tech is improving, ebikes are getting more affordable. For instance, our Furo X offers premium features at an accessible price. If you’re looking for something even smaller, our eTura is an ultra-compact folding electric bike that you can carry and store pretty much anywhere. If you’d like help choosing your ebike, we invite you to get in touch with our helpful team!