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The increased adoption of shared micro-mobility will accelerate the growth rate of the electric Electric Bicycles Market. Shared micromobility is a component of the public transportation ecosystem. Shared electric micro-mobility, as a flexible transportation option with low operating costs and overhead, can supplement higher-volume fixed-route transit systems by providing mobility services for multiple journeys at a lower per-traveller cost. More and more governments around the world are encouraging the growth of the e-bike market by avoiding stringent automobile emissions standards. The goal is to clean the air by reducing the amount of harmful particles emitted by automobiles.
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