Since the Covid-19 pandemic, the world has gone through many changes. It has largely adapted to a new way of life in unexpected ways.
One of the outcomes of these changes is the rise in the popularity of electric bikes. This is because people want greener, safer and more cost-effective ways of getting around.
The E-bike Market Is Growing
According to researchandmarkets.com, the compound annual growth rate for the e-bike market is predicted to be 12.26% over the forecast period of 2022 to 2027. This is because more Ebike products will enter the market from new E-bike brands. But surprisingly, traditional car brands such as General Motors, Audi, and BMW are planning to enter the growing e-bike market to diversify their product portfolios.
One of the critical sectors in the e-bike industry that are expected to rise is e-bikes fitted with crank/mid-drive motors. In the recent past, e-bike motor manufacturers mainly focussed on hub-mounted products, but things are beginning to develop. For example, in 2020, Shimano released its new EP8 mid-mounted motor, and Trek 2022 issued its new Powerfly mountain bike with a powerful Bosch motor.
In 2023, Fiido will also bring a brand-new electric bike with a mid-mounted motor, the M31.
Why The E-bike Market Has Grown Since Covid-19
Post-COVID-19, e-bikes have become an increasingly popular mode of transportation, and here are some reasons why they may be considered the future:
E-bikes offer a socially distanced way of getting around that can help people avoid crowded public transportation, ride-sharing, and carpooling. This is especially important in a post-pandemic world where people are more concerned about their health and safety. People can travel isolated from people with Covid-19, staying safe and reducing the likelihood of the virus spreading further.
E-bikes are an eco-friendly mode of transportation that can help reduce carbon emissions and air pollution. As more people become environmentally conscious, e-bikes will become a more attractive option for those who want to reduce their carbon footprint.
E-bikes can be a cost-effective alternative to owning a car or paying for public transportation. They require less maintenance, and their operating costs are much lower than traditional vehicles.
Health And Fitness Benefits
E-bikes offer low-impact exercise and can help improve cardiovascular health. This can be especially important post-COVID-19, as people focus more on their health and wellness.
A More Bike-Friendly Infrastructure
As cities adapt to post-pandemic life, there is likely to be an increase in bike infrastructure, such as bike lanes and dedicated bike paths. This will make it easier and safer for people to use e-bikes for commuting and other activities.
These infrastructure improvements will benefit not only commuters but businesses and emergency services. For example, in some parts of North America and Europe, pharmacies and ambulance services are utilizing e-bikes and bike lanes to get around urban areas.
Final Thoughts On Why E-Bikes Are The Future
E-bikes offer several advantages that make them a popular choice for transportation in the post-COVID-19 world. They are sustainable, cost-effective, and provide health and fitness benefits while offering a socially distanced mode of transportation.
As more people recognize the benefits of e-bikes, they are likely to become an increasingly popular mode of transportation in the future. Why not join the revolution? Check out our online store to see the full range of Fiido e-bikes and future products.