4 Insanely Expensive Bikes in 2022. Most expensive e bike

The of mountain bikes continue to climb, here are a selection of the most expensive bikes coming to Australia this year, and a few boutique oddities with eye-watering price tags.

Back in the golden days of 2019, we published our list of bikes pushing the 10k envelope, and it turned out to be alarmingly easy. There we discussed the many factors contributing to price increases, ranging from the proliferation of e-MTBs to the introduction of techy electronic suspension systems.

Unfortunately, those days of ‘normalcy’ are nothing but a dreary memory, and after March 2020, everything changed.

As the supply chain issues intensified over the course of the pandemic, the horrifying new reality hit just about every aspect of cycling. Compounded by a tidal wave of new riders, we started finding it difficult to source even basic items. Oh, you’d like some new grips? Not a chance, buddy. Front tyre looking a bit worn, eh? I’m afraid you’ll have to glue those sidewalls for the next year or so, madam. Interested in one of our newfangled magnetic bottles? Nope! Find a mountain stream.

While shipping containers languished in ports the world over, bound for the high seas without the boats to transport them, factories shut down lacking the workforce to produce the many components that amount to a bicycle. Delays aside, skyrocketing material and freight costs created a perfect storm in a sport we’d argue was already pricey. Factor in RockShox whispering “Flight Attendant” softly in our ears, and we find ourselves in a new era of costly MTB’s.

For 2022 we’re setting the bar at a dizzying minimum of 12,500 AUD, and adding some notable mentions from boutique brands offering their own take on ludicrously priced rides.

Giant Trance Advanced Pro 29 0 — 13,999 AUD

Giant isn’t necessarily a brand you’d expect to see on such a list, but its Reign made our last rundown after breaking the 10k barrier, and the Trance Advanced Pro 29 0 has arrived to blow the budget even further. With the light and stiff 130mm Fox 34 with a Grip2 Damper and 120mm Fox Float X Factory, you’re given the option of advanced tunability with a flip-chip, allowing for adjustment of the head and seat tube angles.

At 14k for the Advanced Pro 29 0, you’d hope to see a bike smothered in technology, so the inclusion of XX1 AXS shifting and ZIPP Moto 29 Carbon wheels, complete with TyreWiz, starts to help make sense of things — even if your bank manager can’t quite grasp why you’re hoping to remortgage the house. We recently tested the Fox Live Valve equipped version of this bike, which is significantly cheaper than the top-end spec seen here — check out our Giant Trance 29 full review.

Yeti SB115 Turq AXS XX1 Eagle — 14,990 AUD

The constant one-upmanship involved in developing bikes will always present new and unique challenges to brands, but it’s arguably harder when you have level-up one of your outgoing models. Herein lay the problem Yeti faced when replacing the revered SB100, a race-bred rocket ship loved by trail and XC rippers alike. It is also a bike that caused Team Flow a great deal of heartbreak during our Yeti SB100 review. Described a bit clumsily by the company as ‘Multi-stage, multi-day, more involved, higher speed,’ the jury’s out on whether the SB115 lives up to the marketing bombast of its forebear. What we know for sure is that it’s highly expensive and more than worthy of a place on this list.

There’s an unsurprisingly high-end parts list to help you in justifying your decision to buy a near 15k bike, including a Chris King headset, 130mm Fox Factory 34, a Fox Factory Float DPS shock, and a flurry of AXS wireless spiciness at the XX1 level.

Scott Spark RC SL EVO AXS — 15,999.99

The new Scott Spark launched in late 2021 with bold intentions, and it was met with the usual sliding scale of impassioned critical response associated with a major redesign. We’ve been lucky enough to test out the latest model and did a full 2022 Scott Spark review late in 2021 which didn’t disappoint. Although it may infuriate your accountant and local mechanic alike with its hidden shock design, paired with the complex TwinLoc system promising great expense and potentially tricky serviceability. Love it or loathe it, it’s hard to argue with such clean, uncluttered lines you’ll spend hours ogling — that is, once your eyes stop watering enough to regain clear vision. Priced at 15,999.99 AUD, this is one of the pricier off-the-peg bikes getting around.

For the money, Scott has left no stone unturned with Kashima gold coating slathered on the 120mm Fox 34 Stepcast Float Factory fork, and Nude 5 Factory Evol shock for a truly gangster ‘downcountry’ rig. You even get a power meter equipped crankset and a Gucci set of Syncros Silverton SL2-30 carbon wheels, complete with Tyrewiz.

Trek Slash 9.9 XX1 AXS Flight Attendant — 16,599.99

Described by Trek as ‘monster truck meets magic carpet,’ the Slash received a much-needed update in 2021. You can see what we thought about the latest model in our 2021 Trek Slash review. The newly designed enduro frame is built like a seedy nightclub bouncer, with little concern for jagged rock gardens and melon-sized trail chunder.

Higher-end models receive the outstandingly stiff RockShox ZEB fork for extra confidence on choppy descents, but for those who need an additional level of exclusivity, let us point your attention towards the XX1 AXS Flight Attendant model at a cost of nearly 17k. The Slash is further proof that electronic automation is here to stay on bikes, with all manner of servos and machines responsible for operating the fork, shock, dropper post and rear derailleur. We’re willing to ignore the impending Terminator robot apocalypse when a bike looks this good.

Pivot Mach 4 SL Team XX1 AXS w/ Fox Live Valve — 17,999 AUD

Bike development moves at a searing pace, and XC has been pushing the boundary of lightweight, laser-guided race rockets for years. From adding dropper posts with a minimal weight penalty, to forward-thinking geometries aimed at improving confidence on increasingly spicy descents, tech is pushing the race field beyond the speed of sound.

Enter the Pivot Mach 4 SL, offering savage climbing capabilities, and openly encouraging death grip descending for lycra-clad racers and local segment hunters alike. This bike made our list last time around, and we’ve decided to feature it once again because there is an even more expensive build on offer.

Hover the cursor over the top-end model, and you’re greeted with Fox Live Valve technology, coupled with a Factory 34 Stepcast fork, and a buttery smooth Factory DPS shock, while an XX1 AXS groupset serves as the cherry on top. It’s all rounded out (geddit?!) with DT Swiss XRC 1200 wheels spinning around the brand’s own 240 hubs. Sure it’ll cost you about the same as operating a fully crewed superyacht in the Maldives for a month, but it’s almost guaranteed to halve your Strava times. Probably.

Santa Cruz Bronson/Rubion 4 CC XX1 AXS RSV — 17,399

The Santa Cruz Bronson and Juliana Roubion have some expensive new haircuts for 2022, with the mullet equipped enduro bikes priced at 17,339 in the top-spec. Designed for half shell hucking and soulful sends, the frame is based around 150mm of VPP suspension and a 160mm fork at the front — both dressed in Kashima, duh.

There’s no newfangled electronic suspension here, just some good old fashioned wireless shifting, courtesy of SRAM’s XX1 Eagle AXS. To be sure that all your riding mates can hear you coming from a mile away, the Reserve 30 Carbon wheels are packaged with Industry Nine’s, 690-point-of-engagement, Hydra hubs, kept in check by SRAM’s Code RSC brakes.

Specialized S-Works Enduro LTD — 19,000.00 AUD

Specialized sit comfortably at the top end of pricing among the big brands, thanks in no small part to their bleeding-edge S-Works range. As reigning champions from our 2019 listicle with the Specialized Levo SL, the brand is back to show commitment to expensive analogue offerings too. While 19,000AUD may buy you a small island, why do that when you can own a murdered out S-Works Enduro, dripping with SRAM’s top of the line AXS wireless drivetrain? RockShox are on suspension duties, which wouldn’t be complete without the brand new Rockshox Flight Attendant control unit bolted to a rock-steady ZEB fork.

As one of only a handful of complete bikes featuring the new Flight Attendant tech, it’s hard to know just how much additional cost is associated. But it’s safe to say an automated suspension system which reacts to rider requirements on the fly is going to tack on a few bucks. Prepare to glide down rough, techy trails in near silence with 170mm of travel front and rear, hearing only the muffled cries of your empty wallet.

Santa Cruz Heckler 9 CC AXS RSV — 22,749 AUD

The previous version of the Heckler made our last expensive bikes list, and it’s back for 2022, with a new frame and bigger price tag. With the option for 29in wheels or a mullet setup, the bike is thrust to warp speed by the Shimano EP8 motor and bounces on 150mm/160mm of suspension.

Throw the brand’s Reserve Carbon wheels into the equation and paint some Kashima on the fork and seatpost, and you’re looking at over 22,000 AUD for the privilege of riding the second most expensive bike on this year’s list. Ain’t it beautiful though?

S-Pedelec Bicycles

S-pedelec bikes are still pedal-assist only; however, many models also include a throttle or other power-on-demand features.

Unfortunately, this makes S-pedelec bikes lose many practicalities of a normal pedelec bike. In addition, insurance and registration are required for an s-pedelec bike, and riders cannot use dedicated bike lanes.

Many s-pedelec bikes use mid-drive motors to increase performance capabilities and have the ability to shift gears. Mid-drive motors weigh much less than hub motors and are integrated into the bike’s frame.

Changing the tires of an s-pedelec bike is much easier if it has a mid-drive motor because the motor will not be directly attached to them.

Like many automobiles that have an ECO mode and several gears, e-bikes with mid-drive motors have gears that directly correlate to performance and distance range.

S-pedelec bikes reach speeds of 28 mph with ease, making them ideal for commuting to work while still exercising.

Considering that the max output of an s-pedelec motor is 4000 watts in some areas, the pricing can vary wildly from bike to bike. The price of an S-pedelec bike will significantly depend on the brand and desired features included with the bike.

As an example of this varied price range, a high-quality S-Pedelecs costs anywhere between 3500-8500, although depending on the manufacturer and features, the can go much higher.

S-pedelec bikes are a great choice for individuals who want the most of their e-biking experience with more features and customization.

The key benefits of an s-pedelec bike are:

  • speed and range than most traditional pedelec bikes
  • Highly customizable since they can be much more powerful
  • Ability to maintain speed without pedaling with the use of a throttle
  • Easier to change the tires
  • No fuel emissions

E-Bike Make and Model

One of the most significant factors that play a role in an e-bike’s pricing is the make and model of the bike.

E-bike manufacturers utilize different materials and methods to produce their bikes which plays a part in the price discrepancy.

A few of the more widely known and well-received e-bike manufacturers are:

Ride1Up

Ride1up started as a group of people who built their e-bikes. Efficiency is the primary FOCUS of this manufacturer, as they want to make e-bikes as accessible as possible.

In addition to resoundingly low prices, Ride1up offers a 1-month money-back guarantee and a 1-year warranty.

Ride1up offers pedelec and s-pedelec e-bike models. Most of the bikes sold by this manufacturer are less than 2000 and offer monthly payment plans.

Furthermore, all e-bike models available come in multiple colors and frame sizes.

Bosch

Bosch eBike Systems offers some of the most innovative digital accessories for e-bikes. With Bosch digital systems, you’ll have many of the same displays for your bike as a car, but with the efficiency of an e-bike.

Bosch drive systems offer ideal versatility and practicality to your e-bike riding experience.

For example, Bosch drive units are an excellent tool for any e-bike rider. The drive unit will measure your pedal cadence over 1000 times a second to accurately measure and display your riding style.

In addition, it’s possible to fine-tune each gear of a Bosch drive unit to your personal preference to maximize efficiency or performance at your leisure.

Many e-bike manufacturers use Bosch drive units in their production; however, a drive unit alone can cost anywhere from 300 to 800.

Ancheer

Ancheer is an American-based e-bike manufacturer that provides an excellent all-in-one shop for new and seasoned e-bike owners.

From brand-new bikes to parts of any kind, Ancheer likely has it available at an affordable price.

In addition, nearly all of their bikes and other products start at a price below 1000, making Ancheer ideal for any e-bike rider on a budget.

E-Bike Features and Accessories

First-time e-bike riders will likely have to purchase much more than just the bike itself. For example, if an e-bike requires registration, it likely also requires the use of a helmet and other safety gear when riding.

Safety Gear

Safety is one of the most important things to consider as an e-bike rider because you are more vulnerable on the road than the cars around you. In most countries, bike helmets are required by law to be worn when riding s-pedelecs bikes if it is legally classified as a moped or motorcycle.

Biking helmets usually cost anywhere from 40-80, depending on the level of quality.

Suppose you wish for more security beyond a biking helmet. In that case, you can also invest in padded clothing or elbow/knee pads. Many cyclists wear padded shorts to increase protection and comfort when riding for long distances.

A pair of bike shorts roughly costs anywhere from 20-50. Arm and leg pads are a little more pricey depending on the brand, but a full set can be anywhere from 25-150.

Batteries

One of the most important components of any e-bike is its battery. The battery of an e-bike is the power source for the bike’s motor and determines the range that it can run on a single charge.

Most e-bikes utilize lithium-ion batteries mounted onto the bike in various places depending on the style of battery. E-bike batteries usually cost around 200-400.

GPS Trackers

Suppose you’re worried about your e-bike getting stolen while at work; you can invest in a GPS tracker to know its exact location at all times.

GPS trackers are designed to be unnoticeable on a bike, so a potential thief will not know it’s there.

Many GPS trackers are priced below 100, but some may cost more depending on the design and signal strength.

Registration and Insurance

Registration and insurance are key factors in the financial investment of any vehicle. All bike registrations cost a flat 10 fee per bike.

Motorbike insurance varies by the provider; however, bike owners pay an annual premium of 141 on average for liability-only coverage. Full-coverage motorcycle insurance owners, on average, pay an annual premium of 364.

Conclusion

Electric bikes are an extremely efficient mode of transportation for millions of commuters worldwide. From fuel costs to general upkeep, traditional automobiles are far more pricey in comparison.

So while first-time e-bike owners need to invest in more than just a new bike, this is far more affordable than spending years to pay off a new car.

Jason Hawkley is a biking enthusiast, which is a nice way of saying he’s a total nerd when it comes to bikes. One day while mountain biking through the woods in New Hampshire, the idea came him to create Our Streets as a way to share his biking passion with you.

insanely, expensive, bikes, 2022, most

The Best Electric Bikes: Upgrade Your Commute For A Sustainable Ride

At Luxe Digital, we independently research, review, and recommend products we love and that we think you will love, too. Learn more about how we curate the best products for you.

We’ve been lucky over the past four years to test and review some of the best electric bikes on the market. From the top electric commuter bike to fat tire e-bike, folding bikes, and eMBX — if you can name it, we’ve most probably tried it. When testing the most popular electric bike brands, we follow strict testing guidelines to make sure that we can compare e-bikes objectively (more on that below).

What does it mean for you?

Well, if you’re here, I’m guessing you want to understand the different ebike options available today and figure out which electric bike is best for your particular use case.

If that’s you, you’re in the right place.

This is the fourth year in a row that we update our ranking of the best electric bikes. We’ve organized our list by bike category (e.g., city bike, cruiser, mountain bike, etc.). We’ve also shortlisted the top three overall best ebikes that we think will be great options for most people.

In a rush? No problem! Here’s our shortlist of the absolute best options available right now:

Why you can trust Luxe Digital? We’ve been regularly updating our ranking of the best electric bikes since 2019. We started by testing only high-end ebikes. Those were expensive, premium options at the time. But since then, we’ve broadened our ranking to also include more affordable ebikes across multiple categories as the market itself has evolved.

We personally ride as many of the bikes in this ranking as possible to give you our unique point of view and hands-on experience. If we were unable to get our hands on a particular model but thought it was worth being included on our list for your consideration, we performed detailed online research to give you the best recommendations possible.

The 11 best electric bikes of this year

Here’s the full list of the best ebikes of the year. You can directly click on the category that you’re most interested in:

  • Overall best electric bike:Ride1Up-LMTD
  • Best premium ebike:LeMond Prolog
  • Best value electric bike:Ancheer Commuter
  • Best foldable ebike:Lectric XP 3.0
  • Best cargo utility ebike:Specialized Haul ST
  • Best city commuter electric bike:RadCity 5 Plus
  • Best electric cruiser bike:Flyer Cruiser
  • Best mountain bike:Specialized Turbo Levo Expert
  • Best fat tire electric bike:Ride1Up RIFT
  • Best road electric bike:Specialized Turbo Creo
  • Best electric trike:Lectric XP Trike

Methodology: Our approach to testing and ranking the best electric bikes

At Luxe Digital, we rate every product against the values that are important to us:

  • Craftsmanship: How is it made? Is the brand using high-quality materials and expertise?
  • Design: How does it look and feel? Is it aesthetic and timeless?
  • Function and purpose: How well does it perform? Does it achieve its stated claims?
  • Impact: Does the brand have a positive impact on your daily life and the planet?
  • Value for money: Is it worth its retail price? Is the price justifiable?

Things you should pay attention to when buying an electric bike

Let’s quickly go through the things you should take into consideration when shopping online for an electric bike.

There are really only two factors to consider when comparing electric bikes: What you’ll do with your ebike and how much you’re ready to spend on it.

We told you it would be quick

Okay, there’s a little bit more to it once you get into the details, but these are the two important questions you should start with to keep your search for the best ebike focused and relevant.

Once you’ve defined your use case and budget, you can start comparing technical specs and features for the different electric bikes that are most relevant to your needs.

We’ll do that in a second, but first, let’s briefly talk about the three different types of electric bikes available today. There are categorized into three classes.

The three legal classes of e-bikes

First thing first, you should understand the class of ebike you want. There are three legal classes of electric bikes on the market in the US:

insanely, expensive, bikes, 2022, most
  • Class 1 electric bikes: The easiest and safest to start with, class 1 ebikes use a pedal-assist motor to support your ride. You need to pedal in order to engage the electric motor. The motor will disengage as soon as you reach 20 mph.
  • Class 2 electric bikes: These ebikes are equipped with a throttle motor that you can engage without pedaling. The throttle is usually a grip-twist or a button. Type 2 ebikes are also limited to 20 mph.
  • Class 3 electric bikes: This is the fastest class of e-bikes with a pedal-assist motor that can reach a top speed of 28 mph. While you don’t need a license to ride them, it’s highly recommended.

Check our dedicated guide to electric bike classes to learn more about the system and see examples for each type. Check also your local rules and regulations to know where and how you can ride each class of ebike. For example, the city of New York enacted a law in 2023 prohibiting the sale, lease, or rental of electric bikes that fail the Underwriters Laboratories (UL) standard 2849.

Next, let’s see what you want to use the bike for.

The eight categories of electric bikes

Based on our experience riding electric bikes for several years, we’ve broken down this guide into eight categories of ebikes. These categories are based on different use cases and terrains. It’s important to choose a bike that suits how and where you want to ride to get the best experience possible.

Here are the eight different categories of electric bikes you should consider:

  • Folding electric bikes: They are designed for portability and can be stored in small spaces. Folding bikes are ideal for travelers, RVers, city dwellers, and office workers who want to easily store their bikes. Just keep in mind that their design usually makes for a less stable ride.
  • Utility cargo electric bikes: These bikes offer a large cargo capacity and can be customized to your needs, which makes them perfect to replace your car for most trips. Cargo ebikes are heavier, however, and thus best suited for riding out straight from your garage to school to drop your kids or to the store.
  • City commuter electric bikes: These are great if you primarily want to ride to and from work. Commuter bikes are designed for city use and can replace your car. They have quick power output, higher speeds, and features like brake lights to improve your visibility on the road.
  • Cruiser ebikes: This type of bike is built for comfort and ease of use. They are perfect for long slow rides on dedicated bike lanes or by the beach.
  • Mountain electric bikes: Purposefully built for off-road use with rugged suspension systems, light frames, strong tires, and frame geometry that make them well-suited to riding trails.
  • Fat tire electric bikes: Specially designed for off-road and rough terrain. They have wide tires that provide traction and stability, and a powerful motor that helps you to move quickly over different surfaces.
  • Road electric bikes: Ideal for riders who want to go faster and farther on well-paved roads. Road ebikes are lighter and come with narrow tires to improve traction and speed.
  • Electric trikes: These three-wheelers are a category on their own. They offer additional cargo space (ideal for children or groceries) with a comfortable and stable ride.

We’ve selected a winner for each category in our ranking below.

Now let’s look at the technical specifications to consider when comparing ebikes.

Technical specs to consider when comparing ebikes

You’ll see a lot of technical jargon on manufacturers’ websites when comparing electric bikes online. But really, we think you can narrow it down to only two essential elements:

Motor power output: The speed and electric assistance you need.

The electric motor determines how fast you can go and how much electrical assistance you will get while pedaling. Electric bike motors are measured in Watts and typically range from 250W to 750W—the higher the number, the most powerful the motor. Powerful electric motors will deliver more torque to carry heavier weights. They also accelerate faster and can reach higher speeds (although your top speed will be limited depending on your bike’s class).

Another thing to consider with the electric motor is its placement on the bike. There are two common options on the market: hub-drive motors, delivering power to one of the wheels, and mid-drive motors, delivering power to the pedal crank.

Hub-drive motors are cheaper and easier to maintain, but they’re less efficient and make tire replacement more complicated. On the other hand, mid-drive motors are more expensive but also more efficient and offer a more balanced weight distribution.

Battery capacity: The distance and duration of you ride.

Your ebike’s battery determines how far and how long you can ride. Batteries are measured in watts per hour (Wh)—the higher the Wh number, the more power storage. Higher Wh batteries are generally also heavier, however, so you’ll need to find the right balance between the overall bike’s weight, your own weight, and what you want to do with your bike.

Another thing to look out for is the option to remove (or not) your ebike’s battery. Some models offer a removable battery, which might be more convenient for you to recharge or store. Removable batteries are also easier to change if your battery gets old.

Now that you understand the two most important technical specifications related to electric bikes, let’s look at a few extra elements to consider:

  • Weight: the battery and motor can add significant weight to your bike. Understand how that might affect your ride quality, speed, and distance.
  • Tires: depending on your use case, you’ll want appropriate tires for the terrain.
  • Step-over vs step-through: this refers to the height of the bar in the middle of the frame. Step-over bikes have a high bar that provides more balance and rigidity to your ride. Step-through bikes have a lower bar that makes it easier to get on the bike. I generally recommend step-over for most scenarios, but a step-through is a good option short distance commuting.
  • Safety features: look for options such as integrated lights and capable breaks. Break lights are especially important if you want a city bike to ride in the traffic.
  • Warranty: we only recommend ebikes from reputable manufacturers, but you should always check what the warranty is like and the quality of the brand’s customer service.
  • Additional features: a few extra things to consider depending on your use case is the type of suspensions and the electric bike’s interface (for example, does it come with an app).
  • Payment plan: there are so many options available on the market this year that you’re bound to find an electric bike that suits your budget. Many states and brands offer attractive financing plans, vehicle loan programs, or cash incentives to help support your purchase. We’ll mention them in our review below whenever possible.

One more thing before we get to the main course: you should check our selection of the best electric motorcycles if you want more speed and comfort while riding. And if you’re looking for a cheaper and lighter alternative, we have a detailed guide to the best electric scooters too.

Now, let’s get to the most interesting part of this article: our ranking of the best electric bikes of the year!

Overall best electric bike: Ride1Up LMTD

Ebike category Class 3
Motor 750W rear hub with 95Nm of torque
Battery 672Wh
Top Speed 28mph pedal assist and 20mph throttle
Range Up to 50 miles
Weight 53 lbs

The Reasons Why Electric Bikes are so Expensive (Explained)

Electric bikes or e-bikes are very exciting and fun to ride, giving you a unique twist on traditional bike riding. You can find them available from some of your favorite bike manufacturers, but this is still a relatively new market. Essentially these bikes use an electric motor to help propel you forward, giving you a little extra boost when out for a ride. Everyone should have one! But can everyone afford one?

Why are electric bikes so expensive? Just a few of the key reasons that electric bikes cost so much more than a traditional bike are:

Compared to a traditional bike, an electric bike can cost well over 1,000 with bigger name bikes costing in the 10,000 range. The main difference in price for these e-bikes comes from the cost of – well, everything that makes them different from a traditional bicycle.

What Contributes to the Cost of Electric Bikes?

Electric bikes can be found starting at around 1,000, while higher quality electric bikes cannot be found for under 2,000 – and many are much higher.

These are surprising to many who have just started researching this form of bike, but they make a lot of sense when you break down the costs. There are several reasons why electric bikes come in at such a high price tag, but just some of these are:

Electric Bikes Use a Higher Quality Frame

While we will further discuss the use of higher quality components in e-bikes, one of the most important quality parts of the bike is its frame.

A higher-end electric bike can weigh more than double what a conventional bike does because of its frame alone. Actually, these bikes weigh over 50 pounds, but this is required so that the frame can support the rider and the added weight of the motor and battery in a safe, comfortable way.

There are electric bikes that are of high quality but have lighter frames made from more expensive materials.

However, as you could guess, these lighter weight, higher-end frames raise the price of the bike substantially.

You will also find that many manufacturers are now designing custom frames that have the battery built right into the frame, but these can also be more expensive.

The Added Cost of the Battery

Perhaps the biggest reason that electric bikes are more expensive than others on the market today is that they feature a battery.

The battery alone on most e-bikes will cost between 500 and 1,000, clearly raising the price of the overall piece substantially.

Most electric bikes will feature a lithium-ion battery since this style tends to be more efficient. These batteries also minimize the weight of the bike as they are a lighter option of battery.

This lighter battery allows the bike to be easier to cycle. You want to invest in an e-bike with a better battery, because it will last longer than a cheap battery. A good electric bike battery will last up to 4 years before it needs to be replaced.

Electric Bikes Utilize a Motor

Another big factor that affects the cost of the electric bike is clearly the motor.

Traditional bikes do not need to feature a motor, but electric bikes utilize a motor to assist you when you pedal.

With an electric bike, you will either have to twist a throttle while you pedal to use the motor, or you may have a pedal-assist e-bike.

These motors have to be specifically fitted for each bike, which also increases cost due to the added labor. Also, these are usually specially made and can add even more to the overall costs of the bike.

Electric Bikes Need Higher Quality Components

In addition to having a higher quality frame, several components of the electric bike need to be higher quality.

These bikes need to have the ability to support your weight, protect and sustain the motor and battery, and handle this all at the speed of a moving bike.

For example, you must have extremely high-quality brakes to stop a fairly heavy bike at an advanced speed. Of course, having higher-end parts will also continue to raise the price.

The Electronic Controller Price

The electronic controller is clearly something that traditional bikes will not need and continues to advance the price of the bike.

This part basically serves as the brain of the bike and helps your bike communicate between the battery and motor. It will control the speed of the electric motor and also serves as a brake for the bike.

When you apply the brakes on your electric bike, this electronic controller will kill the power. The controller will use the power provided by the battery and drive it to the motor.

The exact type of controller used on your bike will differ depending on the brand of bike that you purchase. These controllers usually have adjustments for tire size, Km or miles, and for monitoring a trip mileage and the overall mileage.

Electric Bikes are a Niche Market

While the cost of the components of the electric bikes is a huge part of their overall price, another big factor is that they are not widely purchased.

It is only in recent years that this style of bike has become popular among consumers, but they are still more a niche market.

This lowered demand means that companies can sell them for a larger price, driving up costs even more.

Many manufacturers are not able to create products in bulk, which is also more expensive.

This lowers their ability to benefit from economies of scale, which are the cost savings that come with mass production of products. Traditional bikes can be produced in bulk and more mass-produced, leading to lowered for manufacturers.

Also, due to the lowered popularity of these bikes, there are not many manufacturers that are on the market today. This means that there is a lowered competition for manufacturers to compete for a better price.

Hopefully, with the increase in popularity in recent years, there will be an increase in competition and better pricing. It’s been my observation that even in the last year there has been a drop in for electric bikes compared which I can only attribute to the increased popularity.

Choosing Your Electric Bike

If you want to purchase an electric bike, it is worth saving for a more expensive option. While there is a chance that these will lower over the next few years, this is not guaranteed.

Now is as good of a time as any to purchase your bike if you have the budget needed for this.

The higher price bikes are going to be made from higher-end materials and are usually lighter in weight. However, there are many great mid-range or even lower-range bikes out there that are great. The key thing to remember is that you should read reviews, study the manufacturer, and make the best choice for your personal budget needs.

To better understand what you will get for your money, we will break down what each price range equates to in electric bikes:

  • 1,000 Electric Bikes – This is basically an entry-level bike and the lower end of the price range for electric bikes. These usually feature lower-end components and may not last as long as more expensive options. Also, the frame is usually made from aluminum and will be heavier. If this is your budget, the SwagTron folding eBike on Amazon might be the right bike for you. You can view it here. It’s not only an electric bicycle, but it’s a folding bike which can be very beneficial.
  • 2,000 Electric Bikes – This is a great starter bike for those who do not want to spend an excess of money but want something that will last. These bikes will usually use decent components but still not the best of the best. Usually they’re sturdier, have better batteries, and have extra accessories. Check out Rad Power Bikes for solid e-bikes in this category!
  • 3,000 Electric Bikes – This is probably a great bike for almost any rider. These bikes usually utilize not only the best components but are more cosmetically pleasing to riders. Many of these bikes are made from carbon, making them lighter, and have nice welds. You can also get electric cargo bikes at this price or e-bikes that have space a seating arrangement over the back wheel to carry another rider. I’m looking at getting one of these to carry groceries and my young toddler around town.
  • 4,000 Electric Bikes – These are the most cosmetically pleasing of the electric bikes, featuring more carbon fibers and added perks. These should use the best of the best when it comes to the components used and may feature special electronics that others do not. These bikes are made to last and a great choice for someone who has the budget and wants to go beyond simply purchasing for the basic riding factor. They’re the cutting edge e-bikes. Great for showing off, but maybe not the most practical for most bike commuters and cycling enthusiasts.

Related Questions

Will e bikes come down in price? This is purely speculation, but I do think we will see a slight decrease in electric bikes over time. They are definitely becoming more popular than ever before around the world. I think we’ll see cheaper electric bikes hit the market, but this means they will also have a reduction in quality. Just because something is cheap doesn’t mean that it’s a good product. With this said – most of the top tier electric bikes will continue to stay in the 2,000 – 3,000 range. This is only my opinion. Time will tell.

Are electric bikes expensive to maintain? No, an e-Bike is relatively inexpensive to maintain. You’ll need to do maintenance on it just as you would a regular bicycle. The only difference is that every 3 to 4 years you’ll need to replace the battery. Other than that it’s keeping the chain, tires, hub, and gears clean and maintained just like you would a regular bike.

You can get more information about electric bicycles by reading more articles here.

Posted on Last updated: February 17, 2023

Hey, I’m Tyler. I’ve been cycling mad ever since I was knee-high to a bike pump. True story. I once cycled for a week from California to Mexico just to get some tacos. The tacos were OK, but I’m not sure they were worth the chafe. Anyway, if you’re into cycling in any shape or form then come on in and take a look around.

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