It's not joke. Some automakers want into the bicycle business, the electric bicycle business, to be specific. Open showed the RADe electric bike at the Geneva Motor Show, saying it can yield up to 90 miles range per charge at speeds up to 25 mph.
Daimler AG’s Smart brand rolled out a black-and-green model developed by the European tuner house Brabus – better known for the high-performance versions of Mercedes-Benz products it has developed over the years.
China is the biggest market for eBikes. Some estimate that 120 million eBikes were in use in China by the end of 2010. But demand for the bikes is growing in Europe and North America, as well, estimates indicating that European sales surged from 200,000 in 2007 to 700,000 just three years later. And in the U.S., Best Buy has started selling eBikes.