Electric bikes are getting better and better all the time with cool new ways to get around using electricity popping up all over the place. It’s no surprise that the way these things look has changed a whole lot since they first hit the scene. When e-bikes first started rolling, they weren’t as comfy or easy to use as they are now, and the first try wasn’t even a moneymaker. Keep on reading to find out what made e-bikes what they are today.
E-Bikes: The Story Behind Their Success
To begin a story, one must examine the past, breaking it down into smaller pieces. Since modern technologies entered our world progressively, evolving step by step and bringing something new with each century, whether it’s riding a bike or online games. The latter, by the way, currently offers a wide range of games, from card games to slot machines, with various themes and high jackpots. And to determine which one to choose, reviews come to the rescue, and Luxury Casino is a bright example of such a source.
Similarly, the idea behind bicycles shares a common thread. The inception of these modes of transportation dates back over 200 years to the 1800s when cycling enthusiasts aimed to simplify commuting. This drive spurred the design and development of modern e-bikes, transforming the cycling experience.
Without their successes and failures, today’s bicycles would not be as advanced and popular as they are now. It’s incredible to think that electric bikes are so beloved that they even make appearances in race-based games. It is fair to say that from the first electric invention to the work of cycling engineers and inventors around the globe, the evolution of this mobility device has transformed it into a high-powered machine.
Electric Bicycles By The Numbers
As per reports, the electric bicycle market was valued at $15.42 billion in 2019 and is predicted to attain a Compound Annual Growth Rate (CAGR) of 7.49% between 2020-2025. Here are some additional statistics:
- From 2020 to 2023, over 130 million electric bicycles (utilizing all battery technologies) are forecasted to be sold globally.
- E-bike sales are projected to reach 40 million units worldwide in 2023, generating approximately $20 billion in revenue.
- By 2024, there’s gonna be over 300 million of them getting around machines all up in the world.
- The Chinese market’s the big cheese in the e-bike game, selling about 85% of all e-bikes worldwide.
- After Asia-Pacific, Europe’s got about 20% of the market on lock.
As evidenced above, the global electric bicycle industry is anticipated to experience tremendous growth in the next decade, with significant expansion in Europe, Asia, and North America. While there is no single explanation for this impressive growth, various factors can account for the surge in e-bike sales.
The Factors Explaining This Surge
One significant contributing factor is undoubtedly the ease of use that electric bikes provide. Electric bike batteries, for instance, recharge quickly and are inexpensive to manufacture, making them relatively affordable. Usually, a decent gadget runs you about 800 bucks.
Plus, e-bikes are a slick way to get around. With one of these electric bikes, you can hit up to 35 km/h, so you cover more ground in less time with way less sweat.
And there are other perks too:
- It does not require you to give up pedaling entirely.
- It decreases fatigue thanks to the motor that assists the cyclist.
- Its cadence sensor offers support based on the speed and level of assistance selected.
However, the most significant advantage of electric bikes is the technological advancements that support them. Let us explore the revolutionary technologies used in e-bikes.
5 Most Revolution Technologies of E-Bikes
The impact of technology on our lives cannot be denied, and its growth has transformed the way we live. In today’s world, people can play games and make money simultaneously, interact with others from across the globe, or even receive alerts when running errands or commuting on a bike.
In fact, a modern e-bike boasts a range of cutting-edge features, such as USB ports, GPS, burglar alarms, LED displays, and even solar panels that enable on-the-go charging. These high-tech accessories offer numerous benefits over traditional bicycles. To learn more, we have listed below the five revolutionary technologies employed in electric bikes.
1. Torque Sensors
Devices that help people move around use gizmos that absorb shock when they give you a boost while you’re pedaling. These “pedal assist” bikes are the most common kind of electric bike – they’ve got a little engine that kicks in and helps you pedal along. So instead of sweating through a long ride, you can go further without too much trouble. Without these shock-absorbing sensors, sudden speed boosts could lead to some nasty spills.
The first electric bikes used sensors that made it easier to go faster if you pedaled quicker. But that’s not much use if you’re trying to climb a hill – you might need more help from the motor even if you pedal slowly.
2. Rechargeable Battery
The lithium-ion technology has revolutionized the electric bike industry since its commercial introduction by Sony in 1992. The high-energy-density of these batteries has enabled them to weigh only around 6-7 pounds, while still providing up to 1,000 cycles of charge and discharge.
On top of that, advanced electronic systems protect the batteries from overheating during charging and discharging, as well as prevent damage caused by excessive discharge. These features ensure that electric bike riders can rely on their batteries for extended periods, without worrying about the potential harm caused by excessive use or malfunction.
3. Insulated-Gate Bipolar Transistors
Electric bikes nowadays use fancy IGBTs to transfer energy smoothly. These transistors help save power and keep the electric motors from overheating. They’re found all over the place in modern tech like trains, factories, electric cars, and more. Made from MOSFET and BJT mixed together, IGBTs are one of the key parts in electric bike technology.
4. Permanent-Magnet DC Motors
The e-bike revolution has been made possible by the development of compact and lightweight electric motors. These modern motors are brushless permanent-magnet DCs and owe their small size to neodymium rare-earth magnets, which are 10 times more powerful than regular magnets. These same powerful magnets have also enabled the miniaturization of automotive starters in recent years.
5. Digital Connectivity
Lastly, the integration of digital connectivity is a significant aspect that enables users to control their electric bikes. Wireless technologies like Bluetooth and Wi-Fi are commonly used in e-bikes. These developments allow for better management of the bike, enabling users to monitor battery power, range, and connect their bike with their mobile devices, headphones, and other accessories.
A Final Word
To sum up, electric bicycles have come a long way thanks to technological advancements and the use of new materials. They offer an efficient and eco-friendly solution to navigate through crowded urban areas and overcome traffic restrictions.
Moreover, the compact and foldable models have proven to be an ideal complement to public transportation, allowing users to easily carry them into metro stations and trains. As technology continues to improve, we can expect electric bikes to become even more versatile and convenient means of transportation in the future.