Insights on the Bike Sharing Global Market to 2025 - Featuring Meituan Dianping (Mobike), Youon Ditan (Hellobike), Lyft and Uber prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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The growing concerns regarding the environment and health across the nations have generated demand for electric vehicles. Moreover, the rise in traffic congestion and high fuel prices in the APAC region have proliferated the
electric vehicle market. Nowadays, to cut down fuel prices, people are opting for sharing their vehicles which is ultimately increasing the demand for this market. Additionally, most of the young generation flies from their own native place to another state, city, or country either for studying or doing service. In a new place, it gets difficult to own a bike. Thereby, people look out for convenient travel facilities and they opt for vehicle sharing programs. Hence, such factors are significantly influencing the e-bike sharing market in recent years.