The global electric bike market was estimated at $16.3 billion in 2017, and is expected to rise to $23.8 billion by 2025. There is high potential for the African governments to set policies that encourage green mobility and the investors are likely to jump into this new booming business sector. It the near future most big car manufacturers such as Volkswagen, Ford are preparing for their biggest move to electric cars, the bike industry is gearing up too.
