In an article written by John Quain of the New York Times News Service the electric bike is beginning to replace cars in some European countries. Last year electric cars sold 1.15 million vehicles or 1% of total vehicle sales, however e-bikes sold 35 million units.
E-bikes are often sold for less than a $1,000, their batteries can be removed and charged in less than 3 hours and manufacturers have shifted the from motors attached to the hub of the rear wheel to the more efficient center-drive motors in the crankshaft, this improves the center of gravity and handling. For the e-bike the rider selects which type of assistance they want or sits on the bike and let the motor do the work for you. In large urban cities – the biker riders for food delivery often use e-bikes.
Linking to dividend paying stocks, while most of the manufactures are smaller size, there is a growing demand and eventually consolidation will come to the group. This is an opportunity for you to visit bike shops, find out which are good ones and look at the manufacturers for investment opportunities.
There are more questions than answers, till the next time – to raising questions.