Electric Bikes Statistics in 2024

– In the US, 600,000 e-bikes were sold in 2020.
– By 2025, the US e-bike market is projected to reach USD 1.77 billion.
– The average e-bike rider in the US is a 45-54 year old male.
– The average price of an e-bike in the US is between $1,000 and $3,000.