Will electric bikes get cheaper?

Also not to be overlooked is the availability of used electric bicycles, which are offered at steep discounts off the retail price. Jimmy Panetta and Earl Blumenauer of California and Oregon, respectively, introduced the Electric Bicycle Incentives for the Environment (E-BIKE) Act, a tax credit program intended to stimulate sales of electric bicycles. Before an electric bike can be considered certified as pre-loved, it has to pass a series of quality checks to ensure that the bike is suitable for resale. Before being certified Pre-Loved, Pedego technicians will give the bike a total overhaul of all mechanical systems to include the wheels, brakes, transmission and gears.

Batteries on electric bikes are almost always lithium-ion, as they are more efficient. If you’re thinking about using electric bikes for your daily commute, it’s important to know how much an electric bike costs. While bike sales soared during the coronavirus shutdown, the e-bike revolution showed signs of slowing down. Finally, class three e-bikes can travel up to 28 mph and are equipped with both a throttle and pedal-assisted power.

Some politicians and advocates have long argued that a similar incentive should be extended to electric bikes. Since bicycles and electric bikes have their entire supply chain in Asia, it is unrealistic for a bicycle or electric bike company to start manufacturing all of these components in the United States. There were hopes that the Biden administration would expand the tariff exemptions that included electric bikes, but that hasn’t happened so far. For the purest experience, purpose-built electric bikes are the way to go (bikes that were designed and sold as electric, not converted later).

And even if the electric components on some of these bikes don’t carry a household name, like Bosch or Shimano, that doesn’t mean they aren’t capable. The trajectory of e-bike prices is likely to continue to steadily increase at present, and it’s not going to change direction anytime soon.