Porsche drives deeper into electric bike market, creates two new e-bike companies
- Aug. 2nd 2022 11:55 pm PT
If anyone needed more evidence that electric bicycles are the next major frontier in the electric vehicle space, let this serve as Exhibits A through Z.
It should come as no surprise. We’ve watched as electric bicycle sales in Europe have far exceeded sales of electric cars. And considering they take much less effort and material to produce, they are becoming an attractive target for automakers.
Those companies unfortunately only see the dollar signs (or euro signs, in this case). But if that’s what it takes to shove automakers towards smaller and more efficient vehicles, then I’m fine with it.