E-Bike Expert Hannes Neupert on Conti's Decision to Stop Making Mid-Motors
TANNA, Germany - Mid November Continental announced to pull out of the electric bike market. Extra Energy MD and longtime bike electrification activist Hannes Neupert blames that on the automotive supply chain being under severe pressure due to the switch to electric cars. "It leads to unwise decisions made under pressure to stay alive." It has nothing to do with the e-bike/pedelec market which, he says, is "Still in the Kindergarten phase. Comparable to the cell phone market in 1995.
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