The Rise of the Electric Bike
The aging population is one reason Durning believes e-bikes will be a growing market in the near future. Improving technology is another:
Durning writes, "Luckily for e-bike makers, advanced battery research is in its heyday, thanks to billions of dollars of investment from public and private institutions around the world. The hunt is on for better batteries not only because they're essential to electrifying transportation and getting the world off of oil but also because they're needed to harness intermittent, renewable power sources such as the sun and the wind. As battery improvements emerge, electric bikes stand to gain quickly."