Italy reports 290 percent jump in e-bike production
In line with the 2018 market statistics in other EU countries, also the Confindustria ANCMA, Italy’s National Association of Cycle, Motorcycle and Accessories Industry reported a double digit sales hike in e-bikes. Also the production of e-bikes increased substantially. Sales increased by 16.8 percent to 173,000 units while Italy’s e-bike production jumped by 290 percent to 102,000 units.
Finally Spain; the last country of which Bike Europe is able to provide some insight on the e-bike market volume. It took some more time as in other European countries, but electric bikes are now also making their mark on the bicycle market in Spain. In fact, e-bikes are now also turning Spain’s bike market around, as the country’s industry association AMBE noted. According to AMBE’s sell-out monitor 111,297 e-bikes were sold in Spain last year. This represents a staggering 55 percent increase compared to the total of 2017. It means that e-bikes now take up close to 11 percent of the total bike market of Spain. That’s unit-wise. Value-wise e-bikes account for a much bigger stake as the average value per unit sold stood at 2,165 euro.