Dutch E-Bike Sales Remain Brisk Despite Economy
BREDA, The Netherlands – The economic crisis is not hampering the sale of e-Bikes in The Netherlands. Despite an average retail price of € 1,900 per electric bike the Dutch keep on buying the pedal assisted bicycles in record-breaking numbers. During the first three quarters of 2008 sales were up by 52% in value and 35% in volume.
The Dutch Dealer association BOVAG announced these statistics at its yearly Congress that was held yesterday. With the 35% rise in quantity during the first nine months of 2008, the BOVAG confirmed its earlier expectations that for the whole of 2008 the sale of e-Bikes in the Netherlands will end at 120,000 units and a share of the total bicycle market of about 10%. For the whole of 2007 e-Bike sales stood at 89,000 units (45,000 was the total 2006 number).
The money maker in every bike shop
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