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Have you ridden your bike yet?

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Huge increase in e-bike sales expected

Posted on in Business News , Cycles News

EbikeHalfords have predicted the sale of 1.5 million e-bikes by 2050 in the UK as reported by Bike Europe.

More and more people are discovering the health and environmental benefits of e-bikes and the popularity over cars is increasing. Currently, London is the largest market with almost half a million units sold, however, Liverpool, Belfast, Bristol and Birmingham are also viewed as important markets for e-bikes sales.

The e-bike market is forecasted to grow further across the UK competing with the car for short distances.

Independent retailers have a unique strength over companies like Halfords, the specialist service and products available coupled with the quality and attention for detail. Selling and maintaining e-bikes could open another avenue for bike shops bringing in another demographic of customers. As an IBD, why not get a slice of the pie?

The ACT have put together a series of helpful guidance to make sure that retailers are well informed when it comes to selling and servicing e-bikes.

Furthermore, if you are a bicycle dealer, sales staff or technician looking to stock, sell and repair e-bikes the Cytech technical e-bike course is designed to help prepare businesses for the predicted rise in e-bike maintenance in the coming years. The course has recently been amended making it a three day technical e-bike course. Find out more here.

Ride it away retail finance provides the ideal solution to sell higher priced items such as e-bikes as the maximum loan amount is £15,000, allowing customers to spread the cost of a new bicycle, clothing and accessories without saving for months. 

Did you know, 75% of customers make their decision on where to shop based on whether interest free credit is easily available (Mintel).

Reader Comments (2)

How can they justify these exorbitant prices, just pushing the small bike repair shop out of the game, also the cost going all the way to MK plus digs! I did my earlier training at Raleigh free of charge but no paperwork to wall paper my shop!

Gordon Burgess, 13 Jun 2019

Here at Batribike we offer free e-bike training to all our stockists. This is carried out in our Lincolnshire premises. We give a certificate after successful training.

Steve Coulson, 14 Jun 2019

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