E-bike sales drive profit increase for Accell
European bike giant, Accell Group, have attributed last year’s turnover increase to electric bike sales. Releasing their 2014 sales figures, the group reported net profit up 37% in 2014. E-bikes grew from 35% to 41% of Accell’s business. While Accell sold fewer bike units last year (1.73 million, down from 1.84 million in 2013) they …
