Swedes Find Bikes Right Product at Right Time

STOCKHOLM, Sweden – That e-bike sales in Sweden would drop hard in 2019 was taken into account by all market operators. In particular because the government’s subsidy of 25 percent of the purchase price stopped. This subsidy scheme pushed the Swedish e-bike market to new highs. Total sales reached 103,000 units in the September 2017 to August 2018 period. After the scheme stopped the sale of electric bicycles did not collapse, but remained unexpectedly high. It makes clear that Sweden is to be ranked among the largest e-bike countries within Europe.
Stopping of subsidy scheme did not lead to collapse of e-bike sale. It remained at an unexpectedly high level. – Photos Cykelbranschen