Electric Bike Market Increase in Smart Cities for Smarter Option on High Traffic and Rising Fuel Prices, States TMR
Globally, the demand for electric bike has grown at a large scale as it provides pedal assistance to the riders. The popularity of electric bike is increasing due to growing urbanization and growing number of vehicular traffic on streets. Electric bikes are now being considered as viable transportation option due to its power capacity, long distance range, and moderate speed. Some of the other reasons that helps in increasing the demand for electric bike are rising fuel prices and supportive...
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