Electric bike sales in the EU 2015-2024

The number of e-bikes sold in Europe has been growing steadily until 2022. Particularly, 2020 saw a large year-on-year increase of about **** percent, at least partly fueled by the rise in popularity of cycling during the COVID-19 pandemic. Sales decreased in the last two years of the recorded period, totaling around *** million e-bikes sold by the end of 2024.

Largest electric bike markets in Europe

Germany is not only the largest market for conventional bikes, it is also the largest e-bike market on the continent. In 2024, Germans bought more than *** million new electric bikes. This meant that over two-fifths of all e-bikes sold in the European Union were sold in Germany.

E-bike imports

The leading suppliers of e-bikes to the European Union were Taiwan, China, and Vietnam. While over ******* bikes were imported from Taiwan, around ******* and ******* units were imported from China and Vietnam respectively. The EU had introduced anti-dumping tariffs on e-bike imports from China in 2019, which had impacted import volumes. However, these measures were set to expire at the beginning of 2024.