The E-Bike Industry refers to the segment of the bicycle market that focuses on electric bicycles, commonly known as e-bikes. These bicycles are equipped with an electric motor that assists with pedaling, making cycling easier, especially on hills or for longer distances. The industry encompasses the manufacturing, distribution, and sale of e-bikes and related components, such as batteries and charging systems, as well as the development of technology associated with electric mobility. The e-bike industry has seen significant growth in recent years, driven by increasing demand for eco-friendly transportation options, the desire for convenient commuting, and advancements in battery and motor technology. This sector includes various types of e-bikes, such as city e-bikes, mountain e-bikes, and cargo e-bikes, catering to diverse consumer needs and preferences.
Angell's Tumultuous Journey Ends in Liquidation The French electric bike startup Angell is on the brink of declaring bankruptcy and is set to initiate liquidation proceedings. This development was announced…