In the growing electric vehicle industry, it is electric cars that are given center stage when it comes to environmentally-conscious solutions to transportation. But what if I told you there was an electric vehicle that was displacing twice as much oil as those electric cars? And if that wasn’t impressive enough, consider this: It does it with half as many wheels.
Yep, that’s right. I’m talking about electric bikes.
Check out the Bloomberg New Energy Finance chart below, which was recently featured in Anthropocene Magazine.
When you actually break down the numbers, it’s easy to see just how big of an environmental impact e-bikes are making.
Compared to electric passenger cars, e-buses, and e-trucks, it’s electric bikes and trikes that are displacing the most oil usage – more than twice all of those larger EVs combined.