E-Bikes: Future of Canadian Transportation
22nd Oct 2022
With a CAGR of 16.0% from 2021 to 2028, the size of the worldwide electric bike market is anticipated to increase from $18.58 billion in 2021 to $52.36 billion in 2028. This increase in market valuation supports global efforts to advance the development of smart, sustainable cities, where e-mobility is positioned to play a significant role. E-bikes must become a part of people's social behaviors before we can even discuss how things may go wrong, we must first explain how they could ever go good. In addition to advantages for the environment and urban sustainability, e-cycles also provide a variety of other advantages, such as the chance to time travel to the days of newly discovered freedom and remake oneself as a greener person.
The Future of Electric Bikes
One of the greatest inventions of the twenty-first century is the electric bicycle, which was created to combat climate change and its effects. It is causing significant societal changes, such as enhancing public health and urban air quality, particularly in densely populated cities, and reducing automobile congestion.
An increase in e-bike sales globally amid a raging epidemic signals a change in consumer behavior that is identifying a practical answer to the challenges of commuting and exercising during the pandemic. The demand for social isolation and the pursuit of safe, more easily accessible public transportation as well as sustainable travel have sparked an increase in the use of e-bikes among locals. Additionally, with over 2-5 billion people estimated to live in cities by 2050, increasing the use of e-bikes will be crucial to moving the world toward a sustainable future while easing the burden on currently available transportation choices.
The e-bike market is evolving to become the game-changer in the effort to create a modern and environmentally friendly planet. Thus, it won't be long until we see advanced e-bikes with solar-powered backup motors and digital displays that show a variety of riding information, including speed, position, and calorie consumption, and that are sturdy and stable enough to be utilized on varied terrain. Additionally, folding urban e-bikes like the Mate E-bikes the size of a briefcase will be used to make city riding safe and effective.
Unbelievably much of our urban area is used to park cars, some of which may be stationary for several hours each day. E-bikes will play a big part in bringing out additional spaces inside real estate properties in the urban landscape because they take up less space and transform our current car-based parking system into things needed for leisure activities.
A cycling environment is essential to the ongoing mobility transformation since e-bikes have the fastest rate of growth in the e-mobility market. Today, it is imperative to address the issues surrounding e-mobility holistically by recognizing the benefits of e-cycles and developing an urban mobility framework. To jointly reach the net-zero carbon target, an international, national, and local strategy must include e-bikes as a pillar. The onus is first on the government to finance and legislate a safe and equitable space for cycling, and then it is on the people who are embracing this shift and will pass it on to the next generation for a more successful and environmentally friendly future.
E-Bikes can be Ridden Every Season
Modern electric bikes are completely weatherproof, with durable parts that are sealed from regular weather. Riding over deep water, such as a stream or river, is not a good idea because they are not completely waterproof and the electric components cannot be submerged.
E-bikes like our in-house Smartkick E-Bikes are made to be ridden in any kind of weather. To prevent water from getting into the delicate electronics, the motors, batteries, and control units are completely weather-sealed. Your electric bike will run flawlessly even when it is pouring rain. In some aspects, e-bikes perform better in the rain than traditional bikes. This is because cycling in full waterproofs will be more comfortable as an e-bike doesn't make you feel as hot and perspiration-filled.
The motors are enclosed in a plastic shell to protect them from the harshest weather; on an electric mountain bike, for instance, the area around the front tire will receive a lot of sprays; the casings are made to withstand this. The connection is strong and reliable with a good contact area whether the battery is positioned internally or externally.
How E-bikes are used as the mean of transportation in Canada
Since their inception as specialized luxury goods, electric bikes have become a popular form of transportation for millions of people worldwide, including thousands of Canadians. Since the COVID pandemic began in North America, the e-bike craze has increased at an unprecedented rate. More North Americans choosing two-wheeled electric bikes instead of four-wheeled gas automobiles will have a significant impact on reducing greenhouse gas emissions and meeting emission targets. Due to the bicycle's adaptability as a mode of transportation, several Canadian businesses are exploring ways to make e-bikes more widely available.
It has appeared in numerous sci-fi films. Vehicles that are sleek and seductive will continue to advance throughout time, what we currently have could be the signs of aging, mass, or having smoke jets coming out the back, which is no longer being produced. The electric bike is quickly catching up to its technologically advanced competitors. Given that this technological version of this exciting mode of transportation. Due to the rapid increase in urban air pollution, many Southeast Asian nations set the standard for the use of electric bikes as sustainable modes of transportation and a bright future for E-bikes is awaiting Canada too.
Demand for e-bikes Around Canada
In the period 2021-2028, it is expected that the North American e-bike market would expand at a CAGR of 10.13 percent. The market in this area is shaped by the United States and Canada.
The rising demand from elderly customers and the rise in recreational activity demand are two elements supporting the expansion of the analyzed industry in Canada. Additionally, e-bikes are rapidly gaining popularity in big areas like Toronto and British Columbia. As a result, the government has implemented new regulations and built new infrastructure to support the expanding use of e-bikes.
In the Transportation 2040 plan, for instance, which was unveiled by the city of Vancouver, electric bicycles are listed as one of the growing means of transportation. Additionally, Edmonton's Revolution Cycle launched Pedelec bike excursions to increase e-bike sales. Therefore, it is projected that these improvements will fuel the expansion of the e-bike sector in Canada