To succeed, the electric bike business in the US must overcome legal, cultural and financial obstacles. E-bikes are banned in some states, including New York. Some people who own and work in bike shops don’t like putting motors on bicycles – one of the reasons is the extra weight. Some e-bikes weigh nearly 30kg. E-bikes are also expensive. While cheaper models sell for as little as $700, Court Rye, the founder and editor of ElectricBikeReview.com, a popular website, says riders should expect to pay at least $1,500 for a quality e-bike with a good battery. The best models cost more than twice that.
What is true of e-bike prices?
They vary from several hundred to a few thousand dollars They cost at least $1,500 They are exempt from taxes in states like New York They are getting cheaper