Electric Bike Adoption and Aging Population in Japan

    Electric Bike Adoption and Aging Population in Japan
    The Japanese government is encouraging the adoption of electric bikes in order to promote active lifestyles among the aging population.

    The number of people aged 65 or over in Japan is expected to reach 34 million by 2040, making up more than a quarter of the population. This demographic shift is putting pressure on the country's social welfare system.

    The government is hoping that electric bikes will help seniors stay active and independent for longer. Electric bikes are easier to ride than traditional bicycles, and they can go up hills and over distances that would be difficult for many seniors.

    The government is also offering subsidies to encourage seniors to buy electric bikes. The subsidies are available for people who purchase an electric bike for the first time, and for those who trade in their old bicycle for a new electric bike.

    Electric bikes are becoming more popular in Japan, with sales increasing by 30% every year. In 2018, there were over 200,000 electric bikes sold in the country.

    The aging population is one of the key markets for electric bikes, and the government is hoping that more seniors will adopt this mode of transportation.

    Sep 05, 2023


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