E-Bike Market Share Grows to 20% in Holland

AMSTELVEEN, The Netherlands – One out of every five bicycles sold in the Netherlands is currently an electric bike. Market researcher GfK Retail & Technology analyzed from cash register entries at dealers and other distribution channels that during the first seven months of 2012 the sale of e-bikes continued to grow and now stands at a market share of 20% of all bike sales.
E-bikes performed relatively well in a market that saw the total number of sold bikes drop by 6% in July 2012.