65 Million for the Asia-Pacific RegionA recent forecast predicted that electric bicycle sales would reach 47 million by 2018, with the vast majority of those (42 million units) going to China. That's a lot of e-bikes! Pike Research, who did this forecast, had compiled another one that includes electric bikes, but also other electric two-wheelers like scooters and electric motorcycles. The numbers are impressive, and certain to leave 4-wheel electric vehicles in the dust for a very long time.
"On a cumulative basis, forecasts Pike, sales in China will reach more than 355 million units by 2018, with cumulative electric two-wheel vehicle sales in Asia Pacific will reach more than 381 million units in 2018."
Lead-acid batteries will still dominate for the next few years because of their lower cost, but as lithium-ion becomes more affordable, it should become a larger fraction of the total.