With the strengthening of global environmental awareness, electric bicycles have gradually become a new choice for commuters in Europe and America. In terms of production, global bicycle production is declining, while electric bicycle production has shown significant growth since 2016. Bicycles are exported to the United States as the largest destination, while electric bicycles are mainly sold to Europe, with the Netherlands, a major cycling country, as the main sales market.

Maintaining social distance has become a major consideration when choosing transportation tools. On the contrary, the export value of electric bicycles will increase by 122% annually in 2020. In 2015, the domestic shipment of electric bicycles will reach 468000, and by 2019 it will have grown to 698000. In 2020, despite the threat of the spread of the COVID-19 epidemic, the shipment of electric bicycles will still maintain an annual growth rate of 5.7%, hitting a new high of 738000.

According to the Q1 2021 financial report of the giant group of bicycle manufacturers, the revenue of their own brand e-bikes has increased by 108% compared to the same period in 2020. In addition to the European market being the main growth driver, the US market has also continued to grow. Merida estimates that in 2021, the demand for electric bicycles in North America will be around 600000 units, while in Europe it will reach as high as 3.6 million units. Among them, Germany and the Netherlands, as the core egg yolk regions, are expected to have a demand of 3 million units.

Due to the dual factors of the new normal and environmental considerations, electric bicycles are expected to further become the best choice for people to travel in cities. In addition, the trend of aging populations in Europe and America will also drive the growth of electric vehicle exports, as evidenced by the global trend of using foldable electric vehicles as a means of transportation.