Looking back at the 2022 e-bike year it’s clear that the unprecedented high
sales peak induced by Covid is a thing of the past, as sales of regular (non-electric bikes) continued to decline, prompting the Washington Post to ask in September ‘Is air leaking out of the bicycle boom?’
Despite short term worries about inventory levels and
stock prices, the article notes ‘e-bikes are still massively popular’ – and the WP gives just a couple of examples of how pricier e-bikes are helping generate profits for Canyon and Signa Sports. Industry groups that featured premium e-bikes brands were the subject of big money takeovers in 2022 and the likes of Porsche began a move into e-bikes in a serious way.
So despite a seemingly increasingly uncertain world, e-bikes are still most definitely here to stay.
