German e-bike sales increase rapidly after shop re-openings

COLOGNE, Germany – The opening of bicycle shops in Germany after the corona lock-down has resulted in a more than expected increase in sales. Particularly e-bikes are very popular now lock-down has ended as customer demand changes from leisure only to daily use. These initial results provoked ZEG CEO Georg Honkomp to state that, “if things go better again in the next few months, the 2020 sales decline as a result of corona will be limited.”