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The electric cargo bike market is growing due to the benefits of lower running costs and reduced delivery times without harming the environment. However, the lack of infrastructure and secure parking & repair shops hinder market growth. The market is projected to be fueled by customer preference for electric bikes and technological innovations. The report provides analysis and future estimations for investors, along with information on market drivers, restraints, and opportunities. The leading market players and current trends influencing the market are also identified. The market is segmented based on vehicle type and battery type, with various applications and regions analyzed.
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