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Electric bicycles (e-bikes) have become a major growth area in the premium market, providing cyclists with powered assistance that makes it easier to tackle longer commutes, hilly terrain, and heavy loads. E-bikes are particularly popular among urban commuters who want a faster and less strenuous alternative to conventional bicycles. Advances in battery technology, lighter materials, and government incentives are driving this trend, making e-bikes more accessible and appealing to a broader audience.
Smart features are becoming common in premium bicycles, with integrated GPS, performance tracking, and connectivity to mobile apps allowing riders to monitor their speed, distance, health metrics, and route. Additionally, some bicycles now offer anti-theft systems with location tracking, enhancing security. This trend appeals to tech-savvy consumers who value data-driven insights into their riding habits and fitness progress, as well as added convenience and security.