Swiss e-bike market share still increasing

SOLOTHURN, Switzerland - The Swiss bicycle trade can look back on a successful 2019: the number of bicycles sold increased to 363,497 units, an increase of 5.2%. The sales growth in 2019 doubled compared with 2018. The market expansion was mainly due to high demand for e-bikes, where the market share increased from 32.3 to 36.6%, the industry association Velosuisse reported.
Tour de Suisse Rad recently opened a new factory in Kreuzlingen, Switzerland. - Photo Peter Hummel