Nano One Materials Corp T.NANO

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[My19sixyNineZ]

Why Automakers Are Suddenly Obsessed With E-Bikes

 

March 6, 2023

 

Who’s stoked to ride a bike built by Porsche?

 

The rise of electric bikes has been rumbling away for a few years now. In 2022, e-bike sales even outpaced electric and hybrid car sales here in the U.S. In fact, the global e-bike market is predicted to become an $80-billion industry by 2027. It should come as no surprise, then, that new brands are popping up in the e-bike space all the time. Sure, legacy bike builders like Specialized and Giant remain popular, but startups such as California-based RadPower Bikes and Dutch company VanMoof are helping drive new customers to two wheels. Car companies, already invested in battery and electric motor technology, are taking note.

 

 

 

 

 

 

 

 

 

 

 

[Luminous]

I think we might have topped here.  Google says only 2% of cars globally are EV, and 6% in the US - too small a market.  Nano's likely going to have to go after the E-bike market instead, maybe E-skate boards too.

[achiever1]

Not even worth a response!

[Luminous]

Actually the E-scootter market is likely bigger than e-bike.  I know in my city there are a couple companies whose scootters are randomly all over the place for commuter use, just need to set up app on your smart phone and payment is instantly made.  Anyone else see this?