E-Bike Market Size Was Valued at USD 42.1 Billion in 2023 and is Projected to Reach USD 121.6 Billion by 2032, Growing at a CAGR of 12.5% From 2024-2032. An electric bike, also known as an e-bike, is a bicycle equipped with an integrated electric motor that assists in propulsion, offering riders a combined human and electric power-driven mode of transportation.
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