According to Our company’s latest report, ‘Global Electric Cargo Bikes Market Report and Forecast 2022-2027’, the global electric cargo bikes market attained a value of nearly USD 1,455.8 million in 2021. Aided by the rising demand for cleaner modes of transportation, the market is projected to further grow at a CAGR of 34.8% between 2022 and 2027 to reach a value of almost USD 8,800.2 million by 2027.