Electric Bicycles Sales

Electric Bicycles Sales Market Outlook

The global electric bicycles market is anticipated to reach a valuation of approximately $38 billion by 2035, growing at a compound annual growth rate (CAGR) of 10.5% from 2025 to 2035. The increasing demand for sustainable transportation solutions, along with growing urbanization and congested traffic conditions, has driven the market growth for electric bicycles. Additionally, the rise in health consciousness among consumers has led to a surge in recreational cycling activities, particularly in urban areas. The expansion of battery technology and favorable government initiatives aimed at reducing carbon emissions are further boosting the adoption of electric bicycles. These factors combined are creating a robust environment for the electric bicycles market, making it an attractive space for investment and innovation.

Growth Factor of the Market

One of the primary growth factors for the electric bicycles market is the increasing focus on environmental sustainability and reducing the carbon footprint. With governments around the world pushing for cleaner modes of transportation, electric bicycles are becoming a viable alternative to traditional vehicles. Moreover, the enhancement in battery technology has improved the performance and efficiency of electric bicycles, attracting more consumers. The convenience of electric bicycles for commuting is also driving demand, as they allow riders to navigate through congested city traffic more efficiently than cars. Additionally, urban planners are increasingly incorporating bike lanes and cycling-friendly infrastructure into city designs, further encouraging the use of electric bicycles. The popularity of e-bikes among various age groups, including younger demographics and older adults seeking mobility solutions, complements the overall market growth.

Key Highlights of the Market

• Significant growth in demand for electric bicycles driven by urbanization and sustainability trends.
• Technological advancements in battery systems, enhancing performance and longevity.
• Government incentives and subsidies promoting electric bicycle use.
• Growing popularity of cycling as a fitness activity and leisure pursuit.
• Expansion of cycling infrastructure in urban areas globally.

By Product Type

Pedal Assist Electric Bicycles:

Pedal assist electric bicycles, often referred to as pedelecs, are equipped with a motor that provides assistance only when the rider pedals. This type of e-bike has gained immense popularity due to its resemblance to traditional biking, offering a more natural cycling experience. The motor support helps riders tackle inclines and long distances with greater ease, making it an appealing option for commuters and recreational cyclists. The increasing awareness regarding health and fitness is driving consumers towards pedal assist e-bikes as they provide the benefits of exercise while minimizing the effort required, thereby making cycling more accessible to a wider audience.

Throttle on Demand Electric Bicycles:

Throttle on demand electric bicycles offer a unique riding experience, allowing users to engage the motor without pedaling. This type of e-bike is particularly appealing to those who may struggle with pedaling due to physical limitations or those who prefer a more relaxed riding experience. The convenience of engaging the motor via a throttle means that riders can easily navigate through urban environments without exerting too much physical effort. This segment is expected to grow as it attracts a diverse demographic, including older adults and those looking for an effortless commuting option.

Speed Pedelec Electric Bicycles:

Speed pedelec electric bicycles are designed for higher speeds and are classified as a new category of e-bikes. These bicycles can reach speeds of up to 45 km/h (28 mph) and are equipped with powerful motors that provide significant assistance. The growing trend of using speed pedelecs for commuting over longer distances or in hilly terrains is propelling their adoption, especially in regions where cycling is integrated into daily transportation. The demand for speed pedelecs is also fueled by the increasing need for faster and more efficient commuting solutions in urban settings, making them an attractive choice for both recreational and functional use.

Folding Electric Bicycles:

Folding electric bicycles are designed for portability and ease of storage, making them an ideal choice for urban dwellers with limited space. Their compact design allows riders to fold them and carry them onto public transportation or store them in tight spaces, negating some of the barriers to cycling in urban environments. The convenience of folding e-bikes appeals to commuters who may need to combine cycling with other forms of transport. As cities continue to expand and public transport systems evolve, the demand for folding electric bicycles is expected to witness significant growth, catering to individuals seeking mobility solutions that fit their dynamic lifestyles.

Cargo Electric Bicycles:

Cargo electric bicycles are designed to carry heavy loads, making them increasingly popular among businesses and delivery services. These e-bikes are equipped with sturdy frames and powerful motors, enabling them to transport goods efficiently in urban areas. The rising trend of e-commerce and the need for sustainable delivery solutions are driving the adoption of cargo e-bikes, as they offer a lower environmental impact compared to traditional delivery vehicles. Furthermore, businesses are recognizing the economic advantages of using cargo e-bikes for last-mile deliveries, contributing to the growth of this product type in the electric bicycle market.

By Application

Commuting:

The commuting segment is one of the largest applications for electric bicycles, driven by the increasing need for efficient and sustainable transportation solutions. With traffic congestion and environmental concerns on the rise, many commuters are opting for e-bikes as a practical alternative to cars or public transit. Electric bicycles offer flexibility in navigating through traffic, reducing travel time, and providing a healthier commuting option. The convenience of e-bikes is further enhanced by the development of cycling infrastructure, such as bike lanes and parking facilities, which supports their use for daily commuting purposes.

Mountain Biking:

Mountain biking has seen a considerable influx of electric bicycles, particularly among enthusiasts who seek an adrenaline rush without compromising on endurance. E-mountain bikes are equipped with robust features that allow riders to tackle challenging terrains and steep inclines with ease. The ability to explore longer trails and ride more challenging paths is driving interest and growth in the mountain biking segment. Additionally, e-mountain biking is becoming more popular for social activities and group rides, creating a community of riders who enjoy outdoor adventures together.

Touring:

The touring application for electric bicycles caters to long-distance cyclists who seek comfort and convenience on extensive rides. Electric touring bicycles are designed with features that enhance stability and comfort for riders over long distances, making them ideal for travel enthusiasts. With advanced battery technologies and the ability to cover significant distances without excessive fatigue, touring e-bikes are attracting a growing number of consumers. The increased interest in adventure travel and outdoor exploration is fostering growth in this segment, as riders look for reliable and efficient bicycles to accompany their journeys.

Leisure:

Leisure cycling is a popular application for electric bicycles, appealing to individuals and families looking for recreational activities. Electric bicycles provide an enjoyable way to explore local parks, trails, and scenic routes without the challenges often associated with traditional cycling. The ease of use and reduced physical demand allow riders of all ages to participate in leisure cycling, fostering family bonding and community engagement. The growing trend of health and wellness is also influencing this segment, as more people seek active outdoor experiences, further driving demand for electric leisure bikes.

Fitness:

The fitness application segment of electric bicycles is expanding as health-conscious consumers recognize the benefits of incorporating cycling into their exercise regimens. E-bikes offer the flexibility to adjust the level of assistance, allowing riders to tailor their workouts according to their fitness goals. This adaptability makes electric bicycles an attractive choice for both casual cyclists and serious athletes. The increased awareness of the importance of physical activity and the convenience of e-bikes for exercise are expected to contribute significantly to the growth of this segment, as individuals seek enjoyable ways to maintain their fitness levels.

By Distribution Channel

Online Retailers:

Online retailers have emerged as a dominant distribution channel in the electric bicycles market, primarily due to the convenience and accessibility they provide to consumers. With the rise of e-commerce, customers can easily browse a wide range of electric bicycle models, compare prices, and read reviews from the comfort of their homes. Furthermore, online platforms often offer competitive pricing and promotions that are difficult to match by traditional brick-and-mortar stores. The ability to deliver directly to consumers also enhances the appeal of online shopping for electric bicycles, contributing to the segment's growth and popularity.

Specialty Stores:

Specialty stores dedicated to bicycles and cycling gear are important players in the electric bicycles market. These retailers provide expert advice and personalized service, allowing customers to find the right e-bike for their needs. Specialty stores often carry a curated selection of high-quality electric bicycles, catering to enthusiasts and serious riders. The knowledgeable staff can also provide maintenance services and support, which enhances customer loyalty and retention. As consumers become more discerning in their purchases, specialty stores play a crucial role in educating buyers and facilitating informed decisions about electric bicycles.

Hypermarkets/Supermarkets:

Hypermarkets and supermarkets have started to include electric bicycles in their extensive product ranges, attracting a different segment of consumers. These retail giants typically benefit from a large foot traffic and can present electric bicycles as part of a broader lifestyle offering. Shoppers looking for convenience may find it appealing to purchase an e-bike while doing their regular grocery shopping. While the selection may not be as specialized as that found in dedicated bicycle shops, the convenience factor of one-stop shopping helps drive sales in this channel. The growth of e-bikes in hypermarkets and supermarkets reflects the increasing mainstream acceptance of electric bicycles as a viable mode of transportation.

Independent Retailers:

Independent retailers are essential in providing personalized service and local expertise within the electric bicycles market. These small businesses often cater to a niche clientele and can offer unique and specialized electric bicycle models that may not be available through larger chains. The personalized customer experience and local insights can help build strong relationships with the community while enhancing brand loyalty. As customers seek specialized products and tailored services, the role of independent retailers is expected to remain significant in the electric bicycle market.

Direct to Consumer:

Direct-to-consumer (DTC) sales models have gained traction in the electric bicycle market, allowing manufacturers to sell their products directly to consumers without intermediaries. By bypassing traditional retail channels, manufacturers can offer competitive pricing and foster direct relationships with their customers. This model enables companies to gather valuable insights on consumer preferences and feedback, which can drive product improvements and innovations. As the DTC segment continues to evolve, it is likely to play a crucial role in shaping the future landscape of the electric bicycles market.

By Battery Type

Lithium Ion:

Lithium-ion batteries are the most commonly used power source in electric bicycles due to their high energy density, lightweight, and longer lifespan compared to other battery types. These batteries allow e-bikes to travel longer distances on a single charge, making them ideal for commuters and recreational cyclists alike. The continuous advancements in lithium-ion technology have led to improvements in performance and safety, further solidifying their dominance in the market. As consumers increasingly seek high-quality and efficient electric bicycles, the demand for lithium-ion batteries is expected to remain strong, driving growth in this segment.

Lead Acid:

Lead-acid batteries have been utilized in electric bicycles, particularly in low-cost models. However, they are gradually being phased out in favor of more advanced battery technologies. While lead-acid batteries are inexpensive and readily available, they have notable drawbacks, such as heavier weight and shorter lifespan compared to lithium-ion batteries. Their lower energy density limits the range of electric bicycles, making them less appealing for consumers who prioritize performance and efficiency. As the market continues to evolve, the share of lead-acid batteries in the electric bicycle segment is expected to decline.

Nickel Cadmium:

Nickel cadmium (NiCd) batteries were once popular in electric bicycles due to their robustness and ability to perform well in various temperatures. However, they have fallen out of favor in recent years due to their lower energy density and the presence of toxic materials. The environmental concerns surrounding nickel-cadmium batteries have prompted both manufacturers and consumers to seek alternative options. While they may still be found in some older models, the overall trend in the electric bicycle market is shifting towards more environmentally friendly and efficient battery technologies, limiting the growth potential of this segment.

Nickel Metal Hydride:

Nickel metal hydride (NiMH) batteries offer a middle ground between lead-acid and lithium-ion batteries, providing greater energy density than lead-acid while being less expensive than lithium-ion options. Although they are generally used in hybrid vehicles, their application in electric bicycles is limited due to their relatively heavier weight and lower performance compared to more advanced battery technologies. As the electric bicycle market prioritizes lightweight and efficient power sources, the demand for nickel metal hydride batteries is expected to remain modest. Nonetheless, they may still serve as a cost-effective solution for specific applications and consumer segments.

Fuel Cell:

Fuel cell technology is an emerging segment within the electric bicycle market, offering a promising alternative to traditional battery systems. Fuel cells convert chemical energy from hydrogen into electricity, providing a lightweight and long-range power source for e-bikes. One of the key advantages of fuel cell technology is the reduced refueling time compared to conventional charging methods. However, the infrastructure for hydrogen production and distribution is still in its infancy, posing challenges for widespread adoption. As advancements in fuel cell technology continue to develop and the necessary supporting infrastructure expands, this segment has the potential to capture a niche market within the electric bicycle landscape.

By Region

North America is currently one of the leading regions in the electric bicycles market, driven by factors such as increased health consciousness, urbanization, and the growing trend of sustainable transportation. The United States and Canada have seen a rise in electric bicycle adoption, particularly in urban areas where commuting and recreational cycling are gaining popularity. With a projected CAGR of 9.5%, the North American market is expected to continue its upward trajectory, bolstered by advances in technology, government initiatives promoting clean transportation, and expanding cycling infrastructure. The focus on reducing carbon emissions aligns well with the increasing demand for electric bicycles in the region, paving the way for robust growth.

Europe holds a significant share of the electric bicycles market as well, with countries like Germany, the Netherlands, and France leading the way in adoption rates. The region has embraced electric bicycles as an integral part of sustainable urban mobility solutions, contributing to improved air quality and reduced traffic congestion. The European market is expected to grow at a CAGR of 12% during the forecast period, driven by government initiatives, subsidies, and favorable regulations that promote electric bicycle usage. The increasing popularity of cycling as a means of transport and recreation further fuels the growth of the market across European countries, making it a dynamic region for electric bicycles.

Opportunities

The electric bicycles market presents numerous opportunities for growth and innovation, particularly in the realm of product development and technological advancements. As consumers become more environmentally conscious, there is a growing demand for electric bicycles that feature enhanced energy efficiency, longer battery life, and innovative designs. This trend provides manufacturers with the opportunity to invest in research and development to create more efficient and appealing models that cater to a diverse range of consumers. Additionally, the introduction of smart technology, such as integrated GPS systems or mobile applications that track performance, can further enhance user experience and increase market penetration.

Furthermore, expanding into emerging markets represents a significant opportunity for electric bicycle companies. Regions such as Asia Pacific and Latin America are experiencing rapid urbanization and an increase in disposable income, creating a demand for alternative transportation solutions. As cities in these regions grapple with traffic congestion and pollution, electric bicycles can provide a practical and sustainable mode of transportation. Companies that strategically position themselves to enter these markets can capitalize on the increasing interest in electric bicycles as urban mobility solutions, thereby capturing new customer segments and driving overall market growth.

Threats

Despite the promising growth opportunities in the electric bicycles market, several threats loom on the horizon. One of the most significant challenges is the increasing competition from traditional bicycles and other alternative modes of transport. As budget-conscious consumers weigh their options, they may opt for cost-effective bicycles or public transit, especially in regions where cycling culture is not yet fully developed. Additionally, the economic fluctuations and supply chain disruptions, particularly in the wake of global events, can impact manufacturers' ability to produce and distribute electric bicycles effectively. This level of uncertainty may hinder growth and profitability in the market, forcing companies to adapt swiftly to changing conditions.

Moreover, regulatory challenges surrounding electric bicycles can act as a restraining force in the market. Different regions have varying regulations regarding e-bike classification, speed limits, and usage on public roads, which can create confusion among consumers and manufacturers alike. These regulatory hurdles can complicate marketing strategies and limit the potential customer base for electric bicycles. As the market continues to evolve, companies must navigate these complex legal landscapes to ensure compliance and maintain their competitive edge.

Competitor Outlook

• Trek Bicycle Corporation
• Giant Manufacturing Co. Ltd.
• Specialized Bicycle Components Inc.
• Accell Group N.V.
• Pedego Electric Bikes
• Rad Power Bikes
• Yamaha Motor Co. Ltd.
• Bosch eBike Systems
• Cannondale Bicycle Corporation
• Riese & Müller GmbH
• Haibike
• Stromer Bikes
• Brompton Bicycle Ltd.
• Ansmann AG
• Kalkhoff

The electric bicycles market is characterized by a highly competitive landscape, with numerous players vying for market share. Several factors contribute to this competitive environment, including technological innovation, product differentiation, and marketing strategies. Major companies are consistently investing in research and development to enhance product features, improve battery technology, and offer advanced connectivity options to attract consumers. Additionally, the emphasis on sustainability and eco-friendliness is influencing competitive strategies, as companies seek to align their offerings with current consumer values and preferences.

Among the leading companies, Trek Bicycle Corporation has established itself as a prominent player in the electric bicycle market, known for its commitment to quality and innovation. With a diverse lineup of electric bicycles catering to various applications—ranging from commuting to mountain biking—Trek has positioned itself well within the market. The company continually invests in cutting-edge technology and sustainability initiatives, ensuring that it remains at the forefront of the electric bike industry. Their robust distribution network and strong brand reputation further reinforce their competitive advantage in the market.

Another notable player is Giant Manufacturing Co. Ltd., which has garnered recognition for its extensive portfolio of electric bicycles. The company's focus on research and development has facilitated continuous improvements in product performance and design. Giant has also targeted the growing demand for electric bicycles through strategic partnerships and collaborations, expanding its market reach. By maintaining a strong commitment to customer satisfaction and innovative solutions, Giant is well-positioned to leverage emerging opportunities in the electric bicycles market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Haibike
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Kalkhoff
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Ansmann AG
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Stromer Bikes
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Rad Power Bikes
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Accell Group N.V.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Bosch eBike Systems
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Brompton Bicycle Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Pedego Electric Bikes
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Yamaha Motor Co. Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Trek Bicycle Corporation
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Riese & Müller GmbH
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Giant Manufacturing Co. Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Cannondale Bicycle Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Specialized Bicycle Components Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Electric Bicycles Sales Market, By Application
    • 6.1.1 Commuting
    • 6.1.2 Mountain Biking
    • 6.1.3 Touring
    • 6.1.4 Leisure
    • 6.1.5 Fitness
  • 6.2 Electric Bicycles Sales Market, By Battery Type
    • 6.2.1 Lithium Ion
    • 6.2.2 Lead Acid
    • 6.2.3 Nickel Cadmium
    • 6.2.4 Nickel Metal Hydride
    • 6.2.5 Fuel Cell
  • 6.3 Electric Bicycles Sales Market, By Product Type
    • 6.3.1 Pedal Assist Electric Bicycles
    • 6.3.2 Throttle on Demand Electric Bicycles
    • 6.3.3 Speed Pedelec Electric Bicycles
    • 6.3.4 Folding Electric Bicycles
    • 6.3.5 Cargo Electric Bicycles
  • 6.4 Electric Bicycles Sales Market, By Distribution Channel
    • 6.4.1 Online Retailers
    • 6.4.2 Specialty Stores
    • 6.4.3 Hypermarkets/Supermarkets
    • 6.4.4 Independent Retailers
    • 6.4.5 Direct to Consumer

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Electric Bicycles Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Electric Bicycles Sales market is categorized based on

By Product Type

• Pedal Assist Electric Bicycles
• Throttle on Demand Electric Bicycles
• Speed Pedelec Electric Bicycles
• Folding Electric Bicycles
• Cargo Electric Bicycles

By Application

• Commuting
• Mountain Biking
• Touring
• Leisure
• Fitness

By Distribution Channel

• Online Retailers
• Specialty Stores
• Hypermarkets/Supermarkets
• Independent Retailers
• Direct to Consumer

By Battery Type

• Lithium Ion
• Lead Acid
• Nickel Cadmium
• Nickel Metal Hydride
• Fuel Cell

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Trek Bicycle Corporation
• Giant Manufacturing Co. Ltd.
• Specialized Bicycle Components Inc.
• Accell Group N.V.
• Pedego Electric Bikes
• Rad Power Bikes
• Yamaha Motor Co. Ltd.
• Bosch eBike Systems
• Cannondale Bicycle Corporation
• Riese & Müller GmbH
• Haibike
• Stromer Bikes
• Brompton Bicycle Ltd.
• Ansmann AG
• Kalkhoff