Annual bike sales to run at more than double new car registrations by 2030 – Cycle Industry News
Mark Sutton 2 December, 2020
Annual bike sales will run at more than double new car registrations by 2030, according to new forecasts by a trio of European cycling organisations.
The trend analysis of 30 European countries by CONEBI, CIE and the ECF illustrates that based on the current trajectory 10 million more bikes are expected to sell per year in Europe by 2030, representing a 47% rise on the 2019 tally. Once reached, the 30 million bikes sold annually will run at more than double the number of passenger cars registered per year in the EU.