EVolution is a news, intelligence and analysis service dedicated to the emerging business of supporting electric and hydrogen-fuelled vehicles.

E-bike use boosted by cost of living crisis, survey finds

14 December 2022

 

The cost of living crisis is encouraging more people to switch to electric bikes, reveals a new survey carried out by cycle component business Shimano.

Across the 12 European countries profiled in the survey, issues such as higher car fuel prices have become a “primary motivating factor” among 47% of respondents.

All countries surveyed except Norway and Poland placed cost of living (e.g. higher car fuel prices) as their main reason for more e-bike use. Norway and Poland felt that...

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