This conclusion is specious and these statistics are misleading as they do not account for vehicle exposure. If you travel 1,000 kilometers on a bike and never pass a car, obviously you can't get killed by one. I'm aware of no studies that account for vehicle exposure. Anyone who has been to the countries with low cycle death rates will know that vehicle exposure is far less than is typical in any American city.
EDIT: I don't understand why I'm receiving so many downvotes for this comment... HN has gotten bad lately.