Electric Bikes Now Constitute 10 Percent of German Market
ZIV, a German industry organization, reports that electric-assist bicycle sales now represent 10 percent of sales at the close 2012. German cyclists bought a total of 380,000 e-bikes, a rise of 15% over 2011 numbers. Meanwhile, conventional bicycle sales declined 4% to 3.95 million units in the same time period, with bad weather between Easter and July being cited as a key factor in depressed sales.
ZIV reports that as a result of rising interest in e-bikes in Germany, the average price per sale has increased from €495 (US$637) in 2011 to €513 (US$660) in 2012.
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