Electric Bikes - New Business Opportunity? PDF Print E-mail
UC News - Pathfinding & Trends
Written by Joy Gilfilen   
Monday, 07 December 2009 04:09

Looking for a business to start in the city?  Investigate the possibility of selling electric bicycles!  Just read a fun article about how China is leading the world in bicycle sales.  The stats are pretty incredible!  58,000 sold in 1998.  In just 8 years, the 2004 sales were 6.76 million.  2 years later in 2006 it was 20 million and sales are projected now to be over 25 to 30 million a year!

It doesn't take much to see that the opportunity is there in China...why not in the bigger cities in our country? Insurance rates, parking costs, costs of gas...sounds like there might be a match!