E-Bikes & Bikes Customised to You
In the United States alone, electric bikes represent a market that values itself at about $19 billion - and it's a market that's only expected to grow in the coming years. According to research, the market is expected to reach more than $52 billion by 2030, representing a compound annual growth rate (CAGR) of 13.5 percent.
Globally, the CAGR is around 10.3 percent. Each data point is representative of significant growth - and a big part of the reason for this significant growth is how much more affordable electric bikes have become. Once a luxury, e-bikes are now much more mainstream - and their price points have dropped significantly.
In this post, we'll talk more about why e-bikes have become such a staple in households throughout the country and around the globe and cover some of the best electric bikes that you can find for less than $2,000 on the market today.
Inside the Rise of the E-Bike
So why are electric bikes becoming so popular? There are a number of reasons as to why they're becoming a staple in many households around the world, but their rise can largely be traced back to three main things: health, sustainability and practicality. Let's take a closer look at each variable.
Many people think that because e-bikes use an electric motor that they're not as much of an exercise option as a conventional bike. This isn't true. For starters, think of the electric motor as something that complements traditional pedaling. In fact, most e-bikes come equipped with two modes: pedal assist mode and full electric throttle mode. Pedal assist mode is exactly like it sounds, a mode where the electric motor and conventional pedaling work in tandem. Conversely, full electric throttle mode consists of the electric motor fully taking over, which can come in handy during uphill rides or when the rider just needs to give their legs a break.
There's also a sustainability element to e-bikes. Specifically, they've been identified as a more environmentally friendly alternative to urban traffic, notably in areas without robust public transportation systems. E-bike battery range is typically up to 40 miles on pedal assist mode and around 20 miles on electric throttle mode before recharge is necessary. This provides ample range for riders to get to and from work, the store and to any other destinations each day. An e-bike is more affordable than a car and bikes come in all different styles to meet just about anyone's lifestyle and requirements.
Lastly, we'll hit on practicality. Electric bikes aren't just a viable option, but a practical one. We discussed how they come in all different styles to meet the needs and requirements of any rider, but they're also fun to ride and they're getting more affordable as they become more popular as well. In fact, it's not uncommon these days to find a quality electric bike for under $2,000. In the next section, we'll get into some of the best and most popular bikes on the market today that you can purchase for less than $2,000.
Our Top Picks for Electric Bikes Under $2,000
While most e-bikes still cost more than conventional bikes, their prices continue to fall as more research and development is put toward designing and manufacturing the electric motors and batteries that help power them. On this note, here's a look at some of the best e-bikes that money can buy for less than $2,000.
It's not difficult these days to get a quality electric bike for less than $2,000 - and SixThreeZero has multiple options in stock based on your riding preference and requirements. For more information on the likes of RideInThePark, BodyEase, AroundtheBlock and the EVRYjourney, and to learn more about all of the electric bikes that SixThreeZero offers, contact us today. We firmly believe that cycling is for everyone and we're proud to offer an electric bike to meet the needs of any individual, no matter how young or old. Contact us today for more information.
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