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Published June 2022

By Joe Jackson

The consumer market for motorcycles and bicycles is growing at a rapid pace. Dual purpose motorcycles (street and off-road) sales grew 22% from 2019-2021 with a 45%
uptick for bicycles from 2019 to 2021. This growth streak is forecasted to continue due to the increasing demand for electric bikes that have adapted cutting edge technology
which makes these vehicles safe, comfortable and modern as well as bicycling becoming a fast-growing hobby among the younger generation.