The market is profoundly distorted by single use zoning, parking minimums, density maximums, wide (and high speed) stroads, and other urban design choices that force long journeys. It's also not safe to be on an ebike surrounded by electric Hummers, F-350 super duties, and your normal "whole kindergarten class in the blind spot" Escalades.
Having just spent a week in Utrecht it's very clear that "the market" can certainly show a preference for ebikes over cars.
Having just spent a week in Utrecht it's very clear that "the market" can certainly show a preference for ebikes over cars.