Fear of public transport and state subsidies have boosted the $65 billion bicycle business, with growing numbers opting for battery-assisted pedaling. As with cars, the shift is disruptive. Peter Thal Larsen argues that existing leaders will have to make space for new players.

Subscribe: http://smarturl.it/reuterssubscribe

Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.

Get the latest news on: http://reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en