Why Consumers Can Expect E-Bike Prices To Rise Very Soon…

GreenBike City Hybrid

Did you know that the concept of electric bikes dates back to the 1800’s? The idea was conceived long ago and took many shapes and sizes, but never made its way to the mainstream. That’s hardly the case anymore as the number of e bike sales SKYROCKETTED this year. That’s right! In 2018, thousands of Americans decided to join the Green Revolution and bought themselves an e-bike (for between $1000 – $4000). So with dozens of new e-bike makers and models entering the marketplace now, prices for these electric bikes should be ready to come down a little bit, right? Wrong…

GreenBike City Hybrid e bike

Electric bike prices are on track to rise in the coming months across the board. To understand why this is the case, let’s first get something out in the clear – The majority of e bikes (over 90%) are made in China. This doesn’t apply to well-known bicycle manufacturers that have decided to add expensive electric bike models to their line for upwards of $6000… The vast majority of manufacturers that specialize in e bikes do in fact source production from China. Even the leading brands that sell the most e bikes in the U.S. bring them over from China. A lot of electric bike manufacturers that make the claim “Made in the U.S.A.” usually source their parts from China or other surrounding countries. Realistically, there aren’t many factories around here that are forging metal bike frames or producing lithium ion cells for batteries. So to be able to provide products to meet the common man’s budget, bikes, e bikes, and 100’s of other commonly used products are imported from overseas.

Greenbike Electric Motion

It can be quite surprising just how many products we use in our daily lives are actually imported from Asia. Now it doesn’t mean that these are all bad or low quality products. Not at all… Many of the leading (regular) bicycles we have grown to love over the years likely bare components sourced from overseas. So what does this have to do with the price increase? Those of you that have followed any news involving Trump’s “Trade War” know that the president has decided to tack on a 25% tariff to almost all products being imported from China. It’s possible that Trump’s intentions are to stop importing products from overseas altogether and bring production back to America. We won’t be getting into that right now… One thing is for sure, e-bike production won’t be coming to America anytime soon… Unfortunately the tariffs mean higher prices for consumers, but bringing production to America would drive prices even higher than the new tax! Unfortunately, all signs are currently pointing to an e bike price rise for the American rider…

So maybe you’re wondering… Is it too late? Can I find an affordable electric bike before they become more expensive? Well, if you’ve been in the market for the past few weeks or months and have done your fair share of searching, you might be under the impression that it’s already too late. Yep, many e bike brands have already raised prices and others have sold out due to high demand before the prices go up… On the other hand, here at the Powermove E-Bikes Online Store, you can take advantage of our low prices for a little while longer. We care not only about our rider’s wallet, but also spreading the joy of electric bike ownership and creating as many lasting relationships as we can. That’s why we will continue to offer our GreenBike City Hybrids and City Premiums at such a great value.

Both models are equipped with powerful 350 watt electric motors and 48 volt lithium ion batteries that can bring you up to 20 mph and keep you going for up to 45 miles! Front and seat post suspension makes for a nice smooth ride, while the mechanical disc brakes ensure a swift and safe stop every time. Both of these models also fold to the size of a suitcase! They can be stored inside your home or office, put in the trunk of your car, or even be brought on public transit. If that doesn’t scream convenience, I don’t know what does.

GreenBike E-Bikes

The main difference between the City Hybrid and the City Premium is the frame style.

The City Hybrid has a straight-bar folding frame that makes for an edgy look.

While the City Premium, has a low-step folding frame that makes it easy to get on and off the bike.

Electric Bike Fun

Here at Powermove, we love you, but we can’t do this forever. Now is the time to take advantage of the low price tags we’re offering up until the holidays. Click here to learn more now!

 

Sources:

It’s official: Electric bicycle prices rising in the US as the Trump Administration approves 25% tariff on Chinese e-bike imports

Local retailers respond to Trump’s 25% tariff on electric bikes

https://www.cnbc.com/video/2018/09/28/trump-tariffs-creating-roadblock-for-electric-bicycle-companies.html

Electric Bike History, patents from the 1800’s

25% tariff on electric bikes shipped into U.S. takes hold August 23rd

https://www.businessinsider.com/trump-china-trade-war-tariff-chinese-goods-2018-9

US electric bicycle companies respond to Trump tariffs and say American e-bike manufacturing won’t happen

https://www.businessinsider.com/trump-china-trade-war-list-of-goods-tariffs-2018-9

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