Electric Bicycles

Why Do E-Cycles Cost So Much? – A Detailed Guide

Electric Rickshaw in India

A little engine will switch on when you start pedalling or moving the throttle, helping to propel you forward. This is great for climbing those challenging, steep slopes. If you ride your bike to and from work or around town on a daily basis, it is also a wonderful strategy to avoid overusing your muscles. In general, they are a great method to travel about town quickly since they let you cycle more often and further before you feel tired. Keep reading to know about electric bicycle price.

Elements That Drive Up E-Bike Costs

See the top reasons why E-cycles cost so much money -

The Engine:

The cost of the motor is one of the primary reasons why an e-bike may be so costly. To help the user cycle, the motor uses energy from the battery. In contrast to a regular bike, which may be powered only by the rider and so has lower expenses, the engine adds a substantial amount to the bike's cost. It is often necessary to custom-build and fit the motor, which raises the cost of labour and materials. The buyer is charged for these expenses.

The power source:

Since lithium-ion batteries can be made smaller and have a reasonable level of efficiency, they are often used in batteries. To make riding the top e-bike simpler, it's critical to minimize the weight of the bike and its parts.

They Are Still Somewhat Recent:

E-cycles have only become increasingly popular in the last few years. Before then, there was not a great demand, which prevented a large number of producers from making them. Because of this, e-bike costs are so expensive. The first is that the firms that were creating them had a monopoly on the market because of the low demand and small number of makers. Manufacturers have been able to demand high prices since there is less competition to drive down prices.

Conclusion,

E-bike costs will likely drop as demand for them rises, and they become more popular. More competitiveness and the capacity to create or manufacture best E-cycles in large quantities should result from the growing demand. As more people become aware of the benefits of e-bikes, their costs may drastically reduce. Even while the technology is still relatively new, if they are made in larger quantities and become more widely used, there is a considerable probability that their price will drop.

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Devyani Bantthia

Digital Marketing Advisor

A graduate from Rennes School of Business (France) with a Master’s degree in Digital Marketing & International Corporate Communication, Devyani has been actively working in an advisory role for the digital marketing of eBik.

Omkar

Design Engineer

Design Engineer with a unwavering history of Product Design and Development for Esteemed Global Clients. Hold 6+ years of experience in Design & development.

Hold degree in Mechanical Engineering from IDEAL institute of technology & also holds diploma in Design from NSIC.

M Alam

Manager- Customer Service

Alam heads the customer support function. Hold 5+ years of experience and has worked in different sectors viz. construction / automobile. Possess extensive knowledge about production & customer support activities.
Hold diploma in Mechanical Engineering from Teerthanker University, Moradabad.

Md Asim

Manager- Production

Asim heads the production function. Hold 5+ years of experience and has worked across factories possessing in depth knowledge of production function & related activities. 

Hold diploma in Mechanical Engineering from Teerthanker University, Moradabad.

He has done Graduation from Delhi University with specialization in Sales & Marketing.

Virender Kr Chauhan

President- Sales

Virender the sales & marketing function at Accelero. He brings over two decade’s experience with an in depth understanding of all aspects of Business Development coordination and implementation.

He has done Graduation from Delhi University with specialization in Sales & Marketing.

Devika Jajodia

Marketing Design Advisor

A Design Graduate from Lasalle School of Arts (Singapore), Devika has a Bachelor’s degree in Design Communication and has been actively working in an advisory role for the marketing design front of eBik.

Anant Jain

Chief Executive Officer

Passionate about environmental causes, Anant Jain has extensively worked on renewables, namely solar, hydro-electric & wind power, throughout this pan-India corporate journey of 11+ years and making the most of his MBA education. With a zeal to make a difference on grassroot levels, he took the plunge, quit his corporate job and founded eBik with the vision of making commuting a cheaper and greener affair, whilst reducing costs by over 1/10th. 

When he came up with the idea of eBik, he wanted to create a product of international standards, at Indian prices keeping in mind the affordability factor for the masses, reaching out to rural population with this revolutionary bicycle that makes lives easier!