Yes, there are less expensive ebikes on the market but most come with a few serious caveats. The Espin Sport delivers on the full promise of an electric bike, but in a more affordable fashion. This bike isn’t going to tow you around for a 60-mile round-trip endeavor but those seeking their first ebike will get plenty of return on their investment with this model.
But with increased demand and production, as well as technology improvements thanks to advances in the electric car industry, the cost of components like lithium-ion batteries comes down, Weinert explains. Now, e-bikes are on the market as low as around $1,200 (like the Monroe 250 from Schwinn, available in November 2017). Plus, the competition is stiff. “There are more brands producing than there were five years ago, and they all have to be competitive," LaLonde says.
E-bikes mostly use motors and battery options from a few major suppliers: Bosch, Yamaha, Shimano, and Brose. A few other brands exist, but are less reliable or powerful. Some, like the Yamaha system, have more torque and others are quieter. But generally all four make good options. Look for motor output (in watts) which will give you an idea of total power. But watt hours (Wh) is perhaps a better figure to use—it takes into account battery output and life to give a truer reflection of power.