E-bike price war heats up, more elderly take a tumble

An e-bike price war has broken out because manufacturers have been left with large stocks due to the cooling economy, the Financieele Dagblad reported on Wednesday. “Stock bites into working capital, and interests have gone up during the last couple of months.” It may take a year for stocks to reach the normal level, he said. There are no national figures yet but hospitals in Noord-Brabant reported an increase of 120 seriously hurt elderly e-bikers last year compared with pre-Covid times. Rotterdam and Amsterdam regions reported dozens more accidents involving elderly riders and in Amsterdam region 160 more older people needed treatment for multiple trauma, the AD reported earlier this week. National statistics office CBS said in April elderly cyclists accounted for 150 of the 291 bike riders who died in traffic accidents last year.