European electric bicycle sales will double by 2025

The epidemic has caused a huge impact on countries around the world. After the epidemic eases, countries are facing the problems of resuming work and factories and safe travel.

electric bicycle

Demands for personal light travel products such as bicycles, electric bicycles, and electric scooters are ushering in new huge growth. What is the status of the e-bike industry this year and what is the data? , For future forecast data, we have collected and sorted out the relevant data as follows:

The China bicycle industry from January to July 2020
Data source: Ministry of Industry and Information Technology of China

1. Production
From January to July 2020, among the main products of the national bicycle manufacturing industry, the output of two-wheeled bicycles was 23.60 million, a year-on-year increase of 9.2%; the output of electric bicycles was 15.501 million, an increase of 18.7%. In July, the China output of two-wheeled bicycles was 4.498 million, a year-on-year increase of 32.1%; the output of electric bicycles was 3.741 million, a year-on-year increase of 49.5%.

2. Benefits
From January to July 2020, the operating income of bicycle manufacturing enterprises above designated size (annual revenue of 20 million yuan) across the country was 86.52 billion yuan, a year-on-year increase of 8.5%, and total profits were 3.77 billion yuan, a year-on-year increase of 28.4%. Among them, the operating income of the two-wheeled bicycle manufacturing industry was 27.49 billion yuan, an increase of 0.9% year-on-year, and the total profit was 1.07 billion yuan, an increase of 20.7% year-on-year; the operating income of electric bicycles was 47.29 billion yuan, an increase of 18.3% year-on-year, and the total profit was 2.15 billion yuan. , an increase of 37.3% year-on-year.

Export performance of Taiwan bicycles and electric bicycles from January to July 2020
From January to July 2020, Taiwan’s total export volume of bicycles was 905,016, a decrease of 29.69% compared with the export volume of 1.287 million in the same period in 2019; the total export value was about 582 million U.S. dollars, which was also a decrease from the 750 million U.S. dollars in the same period in 2019. 22.38%. The average export unit price increased from 583.46 to 644.07 US dollars. From January to July 2020, Taiwan’s total export volume of E-Bikes reached 409,927 units, an increase of 20.78% compared to 363,181 units in the same period in 2019; the total export value was approximately US$520 million, an increase of 18.03%; the average export unit price was US$1275.75. From January to July this year, Taiwan exported 264,000 vehicles to the EU, an increase of 11.81%; Taiwan exported 99,000 vehicles to the United States, an increase of 49.12%.

International part:

Germany
According to data from the European Light Electric Vehicle (LEV) Trade Association, the largest electric bicycle market in Europe is Germany, with 1.36 million sold in 2019, followed by 423,000 in the Netherlands and 238,000 in Belgium. Among these countries, electric bicycles accounted for the highest share of total bicycle sales at 31.5%, 42% and 51%.

From January to June 2020, a total of 3.2 million bicycles and electric bicycles were sold in Germany, a year-on-year increase of 9.2%. Among them, electric bicycles are expected to reach 1.1 million, an increase of 15.8%.

The production of bicycles and electric bicycles in Germany declined slightly. According to data from the Federal Statistical Office, imports of bicycles and electric bicycles fell by -14.4% in the first half of the year, and electric bicycles accounted for less than 28% of imports. The export of bicycles and electric bicycles has also declined. The export volume in the first half of the year dropped by nearly -2.6%, and the share of electric bicycles in exports was about 38%

According to a consumer survey conducted by Shimano of more than 13,000 respondents from 11 European countries/regions, the countries where people are most likely to switch to electric bicycles this year:
Italy (30%)
Switzerland, Poland, the Netherlands (26% each)
Spain (21%)
France (19%)
Norway (13%)
Sweden, Denmark (11% each)

CONEBI (European Bicycle Industry Federation) predicts that sales of electric bicycles will more than double in 2025

In 2019, the total sales of bicycles in Europe (including traditional bicycles and electric bicycles) was about 20 million, of which the sales of electric bicycles increased by 23%, which drove the overall growth of the bicycle market. Among them, the sales of electric bicycles in Europe exceeded 3 million for the first time, accounting for 17% of all bicycles.

In recent years, the performance of the European electric bicycle market has continued to rise, and the development of the industry is extremely promising. CONEBI predicts that the sales of electric bicycles will more than double in the next five years, reaching 6.5 million units.

CONEBI Chairman Bucher: 2019 is a very good year for the EU bicycle industry, which is reflected in the continued vigorous development of electric bicycles in Europe and the continuous increase in production capacity of bicycle parts. CONEBI maintains close contact with European government agencies, actively plays the important role of the bicycle industry in the EU’s green economy, and actively contributes to the realization of the goals of the EU’s green agreement.

Marcelo, General Manager of CONEBI: If the following three basic conditions are met, the European electric bicycle market will continue to flourish in the next few years:
1.EPAC (electric mopeds with a maximum speed of 25km/h and a maximum power of 250W) is currently in a favorable position at the regulatory level (not included in the legal procedures for EU category certification), which means that no category certification is required, and no mandatory motor vehicle insurance is required , No compulsory wearing of motorcycle helmets, no driving license, and the ability to drive on bicycle lanes.
2. In response to the epidemic, the EU’s good momentum in advocating bicycle travel continues, and investment in bicycle infrastructure has been increased to provide dedicated lanes and safety for bicycle travel.
3. The continuous improvement of the intelligent transportation system within the framework of EU law and technology enables cars and buses to automatically detect unforeseen cyclists in a blind spot on the road, thereby making bicycle travel safer.

In 2019, the total output of bicycles in Europe increased by 11% year-on-year, of which the output of electric bicycles increased by 60% year-on-year, showing a strong growth trend. This prompted many manufacturers to invest in production and assembly, and some of them moved their business operations centers back to Europe. In 2019, the total production value of bicycle parts reached 2 billion euros.

Investment in the bicycle industry has also increased employment opportunities, providing more than 60,000 direct jobs and 60,000 indirect jobs upstream and downstream. A total of 120,000 jobs, an increase of 14.4% year-on-year in 2018, and an increase of 32% year-on-year in 2017.

When the electric bike industry is so promising, why not catch up with the trend and start wholesaling e-bikes. DYU is a popular electric bike manufacturer and have been exporting e-bikes to Europe for many years. Its products are loved by a large group of European fans. Welcome to leave a message below to learn more about DYU smart bikes.

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