A sale every 3 minutes: Electric bikes outsell electric cars in UK during 2020 – Cycle Industry News
Mark Sutton24 June, 2021
Electric bike sales outstripped sales of electric cars in 2020, according to an annual review of the market presented by the Bicycle Association today.
Revealing that 160,000 electric bikes were sold in extraordinary conditions last year, the recap on the year reveals that one e-bike sold every three minutes. Electric cars tallied 108,000 sales with a subsidy to buy attached.
Utilising its Market Data Service, which pools anonymised retail sales data, the BA has forecast that the trend is only just warming; a forecast to triple sales is now outlined in just three years.
As part of this trend, electric cargo bikes are identified as one area that stand to grow in the face of fast growing van mileage; a 30% contributor to NOx and particulate emissions. Bike shops, possibly due to the space burden of stock, are not committing big as yet – 8% will invest more in 2021 than previously, according to CI.N’s market report. The BA assisted in the Government in the creation of a £2 million eCargoBike Grant scheme, designed to give businesses the chance to buy in for business use.