Plus, Indian two-wheeled EV sales grow by 37% YoY
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What You Need to Know Today
Transport for London’s latest cycling report reveals an impressive 26% increase in bike trips since 2019. The UK capital saw a daily average of 1.33M rides in 2024, a 5% increase from 2023.
Across the pond, Americans have voted for over $27.3B in funding for bike infrastructure projects via ballot measures so far this year, according to state-by-state analysis by PeopleForBikes. Not bad for a “car-centric” nation.
Relatedly: US cyclist and pedestrian fatalities declined by 3.2% in the first half of 2023 compared to last year, but they remain higher than pre-pandemic levels.
Image Credit: USDOT
A US trade commission is recommending eliminating the de minimis exemption to curb the influx of substandard and counterfeit Chinese e-bikes, often at prices below production cost.
New data reveals that the Indian two-wheeled EV market is white hot, with sales from January through November experiencing a YoY growth of 37%.
ELM Mobility has received backing from Barclays to develop its L7e category last-mile delivery vehicle. The sum of the investment was not disclosed.
Image Credit: ELM Mobility
The UK Transport Secretary Louise Haigh announced a plan that calls for more streets to accommodate e-bike and e-scooter rental operations.
Despite the growing popularity of dockless e-bikes in London, irresponsible parking is a persistent issue. Transport for London is introducing a new enforcement plan to impose more stringent fines on operators. In response, Lime called on the government to allocate more of its privately owned land to meet the growing need for e-bike parking.
Ather Energy will expand exports into Sri Lanka, beginning with its 450X model electric moped.
Image Credit: Ather Energy
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