Electronic Bike and Scooters: Growth in Usage and Future Predictions

The electric bike market in Canada is driving and has tripled over the past 3 years. The Electric Bike Report, published by Statistics Canada in March 2018, shows that sales of electric bikes in Canada have tripled in just three years. The report also showed that sales of road bikes dropped by 22%.

The demand for electric bikes is likely due to the infrastructure and bike infrastructure available. Specifically, there are more bike lanes and parking spots for commuters to use daily. With more people cycling to work or school, or even cycling for leisure purposes, the need for electric bikes will continue to grow. Electric bikes are fast becoming the norm, not the exception. Sales have tripled in just three years. This is largely due to an influx of new products coming on the market, with some being marketed as more affordable than cars, according to this report. Smart Wheel Canada is one portal where you can find amazing options of e scooters, e-bikes, hoverboards, or smart suitcases at reasonable and affordable prices.

The electric bike market has seen exponential growth over the past decade mainly driven by downsizing trends where more people are looking for a convenient and affordable way around town. The report published by Statistics Canada showed that sales were at 8,000 to 10,000 bikes in 2015. This increased to 20,000 to 30,000 bikes in 2016 and finally to 45, 000 bikes last year. The report also noted that the demand for electric bikes is high across all provinces. Quebec was found to be the highest consumer of these two-wheeled vehicles with 36% of bike sales being electric bikes .

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