Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • Business
  • Automotive
  • Economy
  • Energy
  • Finance
  • Tourism
  • Tech
  • Defense
  • Transportation
  • News Analysis

Turkey’s electric bike exports skyrocket, EU remains top market

by Daily Sabah with AA

ISTANBUL Feb 05, 2021 - 1:13 pm GMT+3
Citizens ride bikes in a park in the western province of Izmir, Turkey, Feb. 5, 2021. (AA Photo)
Citizens ride bikes in a park in the western province of Izmir, Turkey, Feb. 5, 2021. (AA Photo)
by Daily Sabah with AA Feb 05, 2021 1:13 pm

The foreign demand for Turkey’s electric-powered bicycles quadrupled compared to 2019 as exports reached $39.2 million (TL 276 million) last year due to the COVID-19 pandemic.

According to data of the Aegean Exporters' Association obtained by Anadolu Agency (AA), Turkey exported electric bicycles to 43 countries in 2019 and earned $9 million (TL 63.8 million) in revenue.

Although the sector saw a short-term decrease in exports in the second quarter of 2020 due to the emergence of the pandemic, it made a quick recovery. Last year, exports increased by approximately 300% compared to the previous year, especially with the effect of the demand from European countries, where the use of electric bicycles increased rapidly after the outbreak of the coronavirus.

Finland took first place in exports with $9.6 million, followed by Italy with $7.9 million and the Netherlands with $7.4 million.

Anıl Şakrak, general manager of Accell Bicycle, which produces about 250,000 bicycles annually in western Manisa province and exports 70% of those, told AA that the sales of electric bicycles to European Union countries are increasing every year. He noted that Turkish manufacturers started to shift their production to these products due to the rising demand.

“When people realized that bicycles that enable social distancing are the best transportation method in the pandemic, our sales soared. With the greatly increased demand, our supply times increased. Suppliers are having difficulty meeting these orders at the moment,” he said.

Şakrak said that the share of electric-powered bicycles in total bicycle exports rose to 42%. “Electric bicycle exports make up $39 million of our total $92 million bicycle exports. We have had a serious increase in exports. This increase may continue in the coming years,” he said.

Seeing the increase in demand for electric bicycles worldwide as an alternative to traffic problems in big cities as well as recognizing their contribution to a healthier life, some Turkish giants also entered the sector recently. Vestel, one of Turkey's largest electronics manufacturers, started producing the country’s first domestic electric bicycle batteries with original design and infrastructure in October last year. The batteries will be supplied to all domestic bicycle and e-bike system manufacturers and will be exported as well.

  • shortlink copied
  • Last Update: Feb 05, 2021 5:04 pm
    KEYWORDS
    e-bikes electric-powered bicycles covid-19 outbreak healthy lifestyle
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Türkiye's native pheasants: A colorful encounter in Bursa
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021