The average American spends about $9,000 on transportation every year – that’s more than many people spend on housing! – and a large portion of that is spent on gas for our cars. With gas prices continuing to rise, it’s no wonder that more and more people are looking for alternatives to driving.
One great alternative is riding and building your own electric bicycle, or ebike. Ebikes are a sustainable, low-cost, and healthy way to get around, and they’re becoming more popular every day. In fact, the global ebike market is expected to grow from $18.16 billion in 2019 to $26.69 billion by 2025.
If you’re thinking about investing in an ebike, here are four reasons to do it:
1. E-bikes are much cheaper to operate than cars, buses, or trains
E-bikes have the potential to significantly influence transportation systems of various countries. They are cheaper to operate than cars, buses, or trains. In fact, according to a study conducted in the Netherlands, even rents for e-bike stations are much lower than that for parking lots.
E-bikes are less wasteful as well and can be charged by solar panels. It is estimated that converting a typical car driver into an e-bike rider can reduce his/her environmental footprint by 4 tons per year.
2. E-bikes are faster than traditional bicycles, making them ideal for commuting
E-bikes of Hovsco are becoming more and more popular in the cycling world, especially for commuting. The benefits of riding an e-bike is that they are significantly faster than traditional bicycles. They also use less energy to propel themselves, which reduces the rider’s carbon footprint.
An e-bike has a motor and a rechargeable battery that assists riders with pedaling. The motor provides extra power assist without the rider needing to pedal, making going up steep hills much easier than on a regular bike.
The only physical maintenance needed for an e-bike is oil changes and tire replacement every now and then.
3. E-bikes emit zero emissions, making them environmentally friendly
Electric bikes are an efficient way to travel short distances without much effort from the rider. It’s environmentally friendly and helps the rider maintain their weight by burning more calories than sitting in a car.
The increased popularity of electric bikes is good news for the environment because they emit zero emissions, making them environmentally-friendly while also having many other benefits such as efficiency and convenience.
4. E-bikes are becoming increasingly popular, meaning there is a growing market for them
E-bikes have been around for decades, but they have only recently become popular among consumers. The ebike market is expected to grow at a compound annual growth rate (CAGR) of 16% , according to reports from Bike Europe and US EBIKE Association.
Given their increasing popularity, e-bike companies are constantly innovating and expanding their product range to satisfy a wide variety of target markets.
There are many reasons to invest in building your own electric bicycle. It is a green form of transportation, it is economical, it is a great way to get around, and it is a fun hobby. With a little time and effort, anyone can build their own electric bicycle.