Battery power will redefine the transportation revolution of the next decade

Battery power will redefine the transportation revolution of the next decade, and the vehicles that are leading the trend will be not the Tesla Model 3 or the Tesla pickup Cybertruck, but the electric bikes.
For many years, e-bikes have been a huge gap in most countries. From 2006 to 2012, e-bikes accounted for less than 1% of all annual bike sales. In 2013, only 1.8m e-bikes were sold across Europe, while customers in the United States bought 185,000.

Deloitte: E-bike sales set to surge in next few years

But that is starting to change: improvements in lithium-ion battery technology and the shift in the city’s center of gravity from gasoline-powered cars to zero-emission vehicles. Now, analysts say, they expect e-bike sales to grow at an alarming rate in the next few years.
Deloitte last week released its annual technology, media and telecommunications forecasts. Deloitte says it expects to sell 130m e-bikes worldwide between 2020 and 2023. It also noted that “by the end of next year, the number of electric bikes on the road will easily exceed that of other electric vehicles.” “
Only 12m electric cars (cars and trucks) are expected to be sold by 2025, according to the International Energy Agency’s Global Electric Vehicle Outlook 2019.
The sharp rise in e-bike sales seems to herald a dramatic change in the way people travel.
In fact, Deloitte predicts that the proportion of people cycling to work will rise by 1 percentage point between 2019 and 2022. On the face of it, it may not seem much, but the difference between the two will be striking because of the low base.
Adding tens of billions of bike rides each year means fewer car travel and lower emissions, and helps improve traffic congestion and urban air quality.

“E-bikes are the best-selling electric travel tool! “
Jeff Loucks, executive director of Deloitte’s Center for Technology, Media and Telecommunications, said U.S. sales of e-bikes across the country will not grow in tandem. He predicts that the city has the highest usage rate.
“We’re seeing more and more people entering the urban heartofes of the United States,” Loucks told me. “If no part of the population chooses an e-bike, it will place a huge burden on roads and public transport systems. “
Deloitte is not the only group to predict the e-bike revolution. Ryan Citron, an analyst at Guidehouse, a former navigant, told me that he expects 113m e-bikes to be sold between 2020 and 2023. His figure, though slightly lower than Deloitte’s, still foresees a surge in sales. “Yes, e-bikes are the best-selling electric vehicle on earth! Citron added in an email to The Verge.
Sales of e-bikes have been growing steadily for years, but they still represent only a small portion of the overall U.S. bicycle market.
According to NPD Group, a market research firm, sales of e-bikes grew by a staggering 91% from 2016 to 2017, then by a staggering 72% from 2017 to 2018, to a staggering $143.4 million. Sales of e-bikes in the U.S. have grown more than eightfold since 2014.
But Matt Powell of the NPD thinks Deloitte and other companies may overestimate e-bike sales slightly. Mr. Powell said Deloitte’s forecast “seems high” because his company only predicts 100,000 e-bikes to be sold in the U.S. by 2020. He also said he disagreed that e-bike sales would outpace electric vehicles in the coming years. NPD continues to recognize that the fastest growing segment of the bicycle market is e-bikes.

Sales of electric cars in the U.S. have been decreased

However, sales of electric cars are weak in the U.S. Despite Europe’s adoption of aggressive policies aimed at reducing carbon emissions from new cars, the Trump administration has been trying to overturn Obama-era rules aimed at improving fuel efficiency.
Tesla has sold hundreds of thousands of cars, but traditional automakers have been trying to find a way to achieve similar success with its first electric car.
E-bikes may be getting more and more popular, but certainly not for everyone. Many people find it unsafe to ride a bike or need a car to carry children or goods.
But Deloitte says electricisation is the way bicycles can experiment with form factors. Bikes can be reconfigured to carry kids, groceries and even local deliveries without adequate physical strength and physical fitness.
Electric bikes have some obvious advantages over electric cars – they are cheaper, easier to charge and don’t require significant investment in supportive infrastructure – but sometimes electric cars can outsell e-bikes.
But if cities make the necessary changes to encourage more people to ride bicycles – such as building a network of protected bike lanes, restricting car use in some areas and providing safe places to lock and store bikes – that’s why e-bikes can keep their heads in power transport.