Owning a new e-bike business like My E-Bike positions entrepreneurs at the center of one of the fastest-growing personal electric vehicle categories. With the global e-bike market projected to more than double from about USD 38–40 billion in 2024 to between USD 83 billion and USD 118 billion by 2030, representing roughly 10–12% annual growth driven by commuter demand, rising fuel costs, and government-backed sustainability policies. As cities invest heavily in bike lanes and micro-mobility infrastructure, electric bikes already account for around 30% of micro-mobility vehicles worldwide, giving well-branded operators a powerful advantage in capturing daily commuting, leisure, and tourism riders. This surging demand, combined with relatively low operating costs and the ability to sell, rent, and service e-bikes under one brand, creates an attractive recurring-revenue model that can scale quickly in both local and online markets.