Electric Cargo Bike Market Set to Accelerate Global Urban Logistics Transformation
The global Electric Cargo Bike Market is projected to grow at a robust CAGR over the forecast period. Analysts report that the market was valued at approximately USD 1.2 billion in 2024 and is expected to reach USD 3.5 billion by 2032. The increasing preference for low-emission vehicles and efficiency-driven logistics solutions is fueling demand across commercial sectors, including e-commerce, food delivery, and postal services.
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