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- š„Biker Gangs Gone Legit!
š„Biker Gangs Gone Legit!
Their protection ring saves them from everything..
Hey VentureTaler - Itās Alex!
Welcome to our 16th VentureTale. If you only have 4 minutes and 36 seconds to read, donāt worry itās enough!
In todayās agenda..
If you missed our previous Tales, here are some to check out:
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The Industry
Ever hopped on a bike lately? You're not alone. Europe's cycling scene is trending like R&B in the early 2000s ā but in true European fashion, it's complicated. While 29% of EU citizens pedal weekly, the numbers swing wildly from a whopping 71% in the Netherlands to a measly 3% in Malta. Talk about a split! š“
Governments are finally catching on, though. The 2024 European Declaration on Cycling (sounds fancy, right?) came with a cool ā¬3.2 billion in funding to make cycling a primary transportation option, not just something you do on weekends in spandex.
But here's where things get interesting. While traditional bike manufacturing took a nasty 24% nosedive in 2023, e-bikes are absolutely crushing it, with the market expected to hit ā¬21.28 billion by 2025. One foot on the brake, one on the accelerator. š
Also, remember that COVID cycling boom? When everyone and their grandmother suddenly discovered bikes to avoid packed buses? Cities went bike-lane-crazy:
Sales jumped 22% in 2020-2021
Berlin and Milan scrambled to paint pop-up bike lanes everywhere
Cycling shares increased by up to 48% in some cities
Everyone on Instagram suddenly became a "cycling enthusiast"

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