Brexit Looms Over UK Market Where E-Bikes Boom

LONDON, UK - The vast majority of UK cycle sales are imports from the Far East and there is a booming but relatively tiny e-bike market numbering in the tens of thousands of units. Cycling UK suggests, based on 'informal industry estimate', that 30% of cycles sold are childrens', 30% MTBs, 10% road, 26% classic/hybrid, and 4% folding/other. They also suggest about half of the retail value of the cycle market comes from bicycle sales, and half from parts and accessories.