NIGERIA E- BIKE MARKET

INTRODUCTION

Nigerian e-bikes are bicycles having a pedal-operated, battery-powered "assist" that occasionally includes a throttle. A small motor activates when you press the pedals on a pedal-assist e-bike, giving you a boost that allows you to glide over rough terrain and climb hills without running out of gas. 

NIGERIA E- BIKE MARKET  SIZE AND FORECAST

The Nigeria e - bike market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

NEW PRODUCT LAUNCH

ThinkBikes Nigeria is introducing locally made electric tricycles. The company's first offering is an electric freight tricycle named Alpha 1.0 that is aimed at the expanding logistics and on-demand delivery sectors. The bodywork, wheels, and batteries are just a few of the more than 90% of the parts that come from domestic suppliers. Just the electric motors come from abroad.

Similar to other firms in this industry, including Bodawerk in Uganda, the battery packs are constructed utilizing reused or recycled 18650 cells. This recycling of cells from retired laptops is yet another excellent illustration of how electric mobility fosters the circular economy.

They are able to dramatically reduce the price of their products to levels that are more reasonable for their target market by putting together battery packs using recycled cells. They include 1.68 kWh of batteries. The bikes have a range of up to 100 kilometers when empty and 60 kilometers when loaded.

The engines are 1.5 kW (peak). In Nigeria's thriving logistics and distribution sector, ThinkBikes is focusing on small to medium-sized businesses. Farmers, agricultural processors, merchants, and general dealers are some of these. Their early engagements in Ibadan, Abuja, Lagos, and Port Harcourt received positive feedback. For its tricycles, ThinkBikes has already received over 100 orders.

COMPANY PROFILE

• Accell group
• Derby cycle
• Mystromer AG
• Trek bicycle corporation
• Giant bicycles
• Kawasaki

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perNigeria e - bike marketright now and how will it change in the next 5-6 years?
2. Average cost to set up ae - bike marketin Nigeria ?
3. How manyNigeria e - bike marketsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aNigeria e - bike marketand key vendor selection criteria
6. Where is theNigeria e - bike market manufactured? What is the average margin per equipment?
7. Market share ofNigeria e - bike marketmanufacturers and their upcoming products
8. The most important plannedNigeria e - bike market innext 2 years
9. Details on network of majorNigeria e - bike marketand pricing plans
10. Cost advantage for OEMs who manufactureNigeria e - bike marketin-house
11. 5 key predictions for next 5 years inNigeria e - bike market
12. Average B-2-BNigeria e - bike marketprice in all segments
13. Latest trends inNigeria e - bike market, by every market segment
14. The market size (both volume and value) ofNigeria e - bike marketin 2022-2030 and every year in between?
15. Global production breakup ofNigeria e - bike market, by suppliers and their OEM relationship