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E-Bike News. Explosive growth, forecast for #ebike sales.

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Electric bicycles continue to be the highest selling electric vehicle on the planet, and are set to account for over $24.billion worth of sales worldwide by 2025. with e-bike sales at $16 billion in 2016 that is a significant growth.

population density and traffic congestion are driving the interest in this alternative mode of transportation, E-bikes benefit from this trend since they are low in cost relative to cars, do not require licenses to operate, and can take advantage of existing bicycling infrastructures already in place worldwide

Improving lithium ion battery technology is also helping to drive e-bike sales, allowing for e-bikes that are lighter, lower in cost, and similar to traditional bicycles.

With commitments to battery development with companies like Tesla that broke ground on their cutting edge Gigafactory in 2014 outside Sparks, Nevada, where by 2018, the Gigafactory will reach full capacity and produce more lithium ion batteries annually than were produced worldwide in 2013.

New designs and add-on products are also expanding the e-bike's useability and affordability. 

California and the West lead the US in e-bike useage where legislators in the last few years legalized e-bikes for bike paths and trails. This has helped to spur other states to follow suit, and help eliminate retailer concerns whileincreasing sales of both road and mountain e-bikes, which are a big in Europe. 

Complete bikes are coming from companies with established bike brands like Specialized, Trek, Giant and Felt, while start ups like Faraday and Pedego, the de-facto leader in the category with access to hundreds of dealers and branded stores are helping new ebike riders enter the market

With this explosive growth you'll be seeing a lot more e-bikes on the roads in the years ahead

Check out, Augustine EBike - https://augustineebikes.wordpress.com/
Model: The Kirby 4
Range: 40+ miles Varies depending on conditions
Speeds: Up to 40 miles per hour

Bike Specs
Carbon frame 29er, FrameCostelo SOLO carbon frame T800 UD weave

Battery Specs
2016 48V 12Ah 4a Hailong battery with Samsung Sanyo cells

Motor Spec
48V1000W Cassette brushless hub motor

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