The Asia-Pacific E-bike market is experiencing significant growth, projected to increase from USD 13.7 billion in 2024 to USD 19.9 billion by 2034. This expansion is driven by rapid urbanization in countries like India, China, and Thailand, where e-bikes provide an eco-friendly solution to traffic congestion and offer low operational costs. The demand for electric cargo bikes and various government incentives is also contributing to the market’s growth. China’s dominance, backed by an 84%…Read More
Electric Vehicles Update – Asia-Pacific E-Bike Market Soars with Urban Growth
