Electric Cargo Bikes Market | Insights: Comprehensive Analysis of Latest Trends and Developments
The Electric Cargo Bikes Market Size was assessed at USD 2.12 billion in 2023 and is predicted to reach USD 4.95 billion by 2031, growing at an 11.2% CAGR from 2024 to 2031. Electric cargo bikes refer to bicycles equipped with electric motors to assist in propulsion, primarily designed for carrying goods or passengers. These bikes typically feature sturdy frames and cargo platforms,...
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