VanMoof has sold 11,000 of its electric S2 and X2 city bikes. The Dutch bicycle brand said in a statement that the 11,000 sales – worth nearly €30 million – were generated through its website and its eight standalone stores in Europe, the U.S. and Asia.

Pre-ordering for the bikes started last summer, with the first bikes shipped to consumers in November and 5,000 delivered to date.

While the market for non-electric bikes in Europe remains sluggish, sales of electric bikes are going gangbusters. One million e-bikes were sold in Germany in 2018, a year-on-year increase of 36%. And in The Netherlands, e-bike sales have now overtaken non-electric bike sales.

In a 2017 strategy report, the European Cyclists’ Federation (ECF) estimated that 50 million electric bicycles would be sold between 2018 and 2030. However, because of stellar sales last year this figure has been revised upwards. Cycling Industries Europe, a new European umbrella body for bicycle companies created by the ECF, now estimates that at least 150 million e-bikes will be sold in the EU over the next eleven years.