Governments all over the world are supporting e-bikes and taking various efforts to encourage their use. Developing countries, such as China and India, are driving the e-bike market. China, for example, is the world's largest e-bike market. China has traditionally been the world's top exporter of electric motorcycles, with high import and export volumes. China's Ministry of Industry and Information Technology reports that during the first 10 months of 2020, the nation's production of electric bicycles increased by 33.4 percent year over year, reaching 25.48 million units. The income of major bicycle manufacturing companies reached around USD 22 billion during this time, an increase of 16.8%. E-bikes are becoming more popular around the world as a result of their quick and flexible operation and zero carbon emissions. The growing popularity of e-bikes as a cost-effective and environmentally responsible mode of transportation is fueling the growth of the bike-sharing in...
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