This is a question that continues to plague the industry, as manufacturers continually update their products with improved performance. In the meantime, prices remain volatile and are generally heading upwards. However, e-bikes are a viable alternative to cars, and this type of transportation is one of the fastest growing trends in the world.
So, what can we expect in the coming years?
While the US dollar has been steadily rising against the Chinese yuan over the past year, prices have stabilised slightly in the last few months. This is good news for US e-bike companies, as falling battery prices are affecting e-bike prices in the UK and US. Nonetheless, if e-bikes are to become more affordable, they need to be produced in China.
With more manufacturers entering the market, e-bikes will become cheaper. This is a good thing for consumers because new products offer better performance at a lower price. While prices may initially be high, e-bikes will become more affordable over the coming months and years.
If we look at Google Trends, we can see that the demand for e-bikes has increased in the last few years. This means that e-bike prices are likely to fall.
While the price of e-bikes will continue to fall, the prices of e-bikes will likely remain high until they reach a point where they are competitively priced with other options. This may take several years before e-bikes become more affordable than their current prices. That said, there is no reason to believe that e-bikes will become unaffordable. The future of these bikes is bright if they can continue to increase in price.