Spyke

If you, like me, didn't know why the bike industry is in turmoil: Blowback from overproduction due to bike popularity during COVID

(according to the article)

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lemmy.world

There is going to be a huge collapse of all ebike manufacturers. I got an ebike for my son for $250. So far, it compares well with ebikes from 3 years ago that cost $2500.

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Brompton profits plunge more than 99% amid bike industry turmoil | Spyke