Electric bike and scooter sales boom spurs Halfords back to growth

Sales more than triple on e-bikes and scooters as commuters avoid public transport

Sales of electric bikes and scooters have more than tripled over the summer months, according to Halfords as the health crisis has prompted people to steer clear of public transport.

While many retailers are struggling due to the economic upheaval caused by the coronavirus pandemic, the car and bicycle parts company is enjoying a purple patch as shoppers invest in new wheels as well as sprucing up old bikes left languishing in sheds and garages.

Over the past five months the retailer’s sales of bikes and cycling gear were nearly 60% higher than in 2019 as people bought bikes to get fit as well as to get to work. Within that demand for electric bikes and scooters soared 230%.

Halfords chief executive, Graham Stapleton, said bike sales had accelerated over the summer, with growth reaching 71% in August, and more expensive electric bikes increasingly sought after.

“The electric bike [sales] growth has been significant,” Stapleton said. “Nearly one in three of our adult bikes are electric against just 14% last year, so the proportion we are selling has almost doubled. I think that’s important because with electric bikes, it is not just leisure, it is for essential use in terms of getting around and getting to work. On some of these bikes you can travel from 40 miles on one charge.”

UK consumers bought 2.5m bikes last year, spending an average of £380, according to market research firm Mintel. Just 100,000 of them were e-bikes, a figure that was up 40% on the previous year.

John Worthington, senior analyst at Mintel, said: “The e-bike market has been growing rapidly over the past two years and consumer interest is high. While accounting for a fraction of bike sales, the scale of potential growth for e-bikes is huge. In European countries with much higher rates of cycling participation than the UK, e-bikes are becoming as popular as standard bikes.”

Hopes are high that lifestyle changes ushered in by the pandemic could become permanent. Around one in 10 English adults cycle regularly, according to the Department of Transport, with the transport mode accounting for 2% of all trips made. Road safety concerns and traffic are the most common reasons cited for not cycling more.

Electric bikes on sale at a Halfords store in Luton, England.
Electric bikes on sale at a Halfords store in Luton, England. Photograph: Peter Cziborra/Reuters

In the wake of the crisis the government has trumpeted plans for a “golden age” of cycling, with local authorities invited to bid for cash from a £250m emergency active travel fund to create infrastructure such as cycle lanes.

“Lockdown has shown there’s a huge appetite for cycling in the UK if the conditions are right, not just in terms of riding for pleasure but also for making those short essential journeys people might have used public transport for previously,” said Duncan Dollimore, Cycling UK’s head of campaigns.

“We now have to grasp the opportunity to change the way we move in our cities and towns for the better, and it’s down to national and local governments to make sure this isn’t squandered, and build the network of safe routes everyone is happy to use.”

The search for both sustainable and coronavirus-proof modes of transport has also made e-scooters an increasingly common sight on Britain’s roads since the lockdown ended. Rental e-scooters are now legal to ride on the UK’s streets but privately owned ones are not.

“It’s certainly a growing market but there will be a restriction to how big it gets, whilst e-scooters aren’t legal to ride on a public highway,” said Stapleton.

Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk

The strong Halfords figures, with overall sales now higher than in the equivalent period of 2019, also herald the return, en masse, of cars to Britain’s roads.

After four dismal months, with sales down as much as 62% in April, the boom in holidays in Britain put Halfords’ motoring arm back into growth in August. Motorists snapped up roof boxes and roof bars, and fitted new tyres ahead of long road trips. A big increase in demand for services and maintenance at its 367 garages also pointed to cars being used for shorter journeys, resulting in more wear and tear, the company said.

“The garage business is seeing very, very, strong growth as more cars get back on the road,” said Stapleton. “They’re also doing shorter journeys and that puts more pressure on cars because they’re starting and stopping more often. A lot more people are using cars, I think, to get to work rather than going by public transport.”

Contributor

Zoe Wood

The GuardianTramp

Related Content

Article image
Bike boom: UK sales up 60% in April as Covid-19 changes lifestyles
Almost 50% more electric bikes sold during month after switch from public transport and cars

Sarah Butler

26, Jun, 2020 @10:32 AM

Article image
Halfords predicts bicycle boom to continue for 2020
Chain struggles to keep up with demand for pedal-powered and electric bikes but lockdown dents motoring profits

Sarah Butler

07, Jul, 2020 @11:19 AM

Article image
Electric bikes help power cycle sales at Halfords
Chain’s sales of battery-assisted models have risen 130% in a year but overall profits are down 7.5% due to the fall in sterling

Sarah Butler

26, May, 2017 @6:52 AM

Article image
Halfords rides bicycle sales boom
Disney and Trunki deals bolster retailer as sales of scooter and e-bikes soar

Julia Kollewe

16, Jan, 2020 @10:10 AM

Article image
Halfords focuses on electric bikes and cars to put spark into sales
Firm to scale back camping products and is thought to have bid for Evans Cycles

Julia Kollewe

27, Sep, 2018 @2:42 PM

Article image
Halfords joins list of firms hit by supply chain problems as bike sales dive 26%
Furnishings retailer Dunelm and salads and ready meal maker Bakkavor also face disruption

Sarah Butler and Julia Kollewe

08, Sep, 2021 @11:32 AM

Article image
Halfords managers to take £2m cut in bonuses after disappointing sales
Retailer says it is making savings by trimming working hours for store staff and cutting bonuses for about 1,000 in head office

Sarah Butler

21, Jan, 2016 @1:34 PM

Article image
Bike prices could rise because of Brexit vote, says Halfords
UK’s biggest bicycle retailer says it is better placed than smaller rivals to offset the impact of the pound’s fall on import prices

Zoe Wood

10, Nov, 2016 @7:13 PM

Article image
Two wheels good … Bike sales soar as UK takes to cycling
Stores sell out of bikes as soon as delivered with repair shops also booming

Sarah Butler and Miles Brignall

23, May, 2020 @7:00 AM

Article image
Halfords to reopen branches as bike shops given 'essential' status
Car parts and bike retailer says it will balance trading and safety amid coronavirus crisis

Sarah Butler

25, Mar, 2020 @3:22 PM