E-bike and e-scooter sales in the UK are set to skyrocket as the government prepares a £2 billion spending package “to create a new era for cycling and walking”.
As the government encourages people to begin returning to work but “avoid public transport unless they absolutely have to use it”, swathes of people in the UK are turning to e-bikes and scooters to carry out their commutes.
E-bike company VanMoof’s chief executive Taco Carlier told CNBC that sales of his bikes had shot up 184 per cent since lockdown began.
Halfords, Britain’s largest cycle retailer, said that sales of cycling equipment had risen a whopping 500 per cent since the start of lockdown, leading its shar price to jump nearly 25 per cent.
The UK’s largest bike manufacturer Brompton also reported a fivefold increase in online sales since the lockdown was imposed, while the Association of Cycle Traders said up to 20,000 bikes had already been sold or were awaiting delivery.
The boom coincides with the announcement from the UK’s transport secretary Grant Shapps that the government was planning an ambitious £2 billion package to encourage an increased use of bikes and e-bikes on Britains roads.
Acknowledging that the UK’s transport network will be reduced by around 90 per cent if commuters abide by the two-metre social distancing rules, Shapps said he wanted to put “cycling and walking at the heart of our transport policy”.
A new national cycling plan will now be released in June with the aim of doubling cycling by 2025 by introducing measures like pop-up bike lanes and wider pavements.
Crucially a trial of e-scooters, originally due to take place next year, has been brought forward to next month which could potentially see their legalisation and widespread use across the UK.