Pedego CEO, Don DiCostanzo is quoted on this interesting article exploring the current state of the electric bicycle industry in the United States and what the future may bring.
“The US is an outlier when it comes to electric bikes. Nearly 32m e-bikes were sold last year, the vast majority in China, where they are primarily used for transportation, according to Navigant Research. They are popular in much of Europe, too. They’re common in the Netherlands and Switzerland; German postal workers use them to get around and BMW offers one for about $3,000.”