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E-Bike Market Growth\\nThe e-bike market has experienced unprecedented growth in 2023, with sales skyrocketing by over 45% compared to the previous year. The surge in popularity is largely attributed to rising fuel prices that compel consumers to explore alternative modes of transportation, as well as increased urbanization that pushes individuals towards more sustainable commuting options. In 2024, forecasts indicate that this robust growth is likely to persist as more consumers prioritize eco-friendly transportation solutions. Factors driving this momentum include government incentives for electric vehicle purchases, improved battery technology providing longer ranges, and the appeal of e-bikes as a viable solution for first-and-last-mile connectivity in urban environments.\\n\\n## 2. Smart Technology Integration\\nThe bicycle manufacturing industry is witnessing an increasing trend towards integrating smart technology into their products. 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