Electric Bikes Selling Briskly as Gas Climbs

No the picture above is not an electric bike. That is just a prototype of what is to come in the future! I can’t wait..but…

The surging cost of gasoline and a desire for a greener commute are turning more people to electric bikes as an unconventional form of transportation. They function like a typical two-wheeler but with a battery-powered assist, and bike dealers, riders and experts say they are flying off the racks.

Official sales figures are hard to pin down, but the Gluskin-Townley Group, which does market research for the National Bicycle Dealers Association, estimates 10,000 electric bikes were sold in the U.S. in 2007, up from 6,000 in 2006.

Bert Cebular, who owns the electric bike and scooter dealership NYCeWheels in New York, said his sales are up about 50 percent so far this year over last. Amazon.com Inc. says sales of electric bikes surged more than 6,000 percent in July from a year earlier, in part because of its expanded offerings.

“The electric bikes are the next big thing,” said Frank Jamerson, a former General Motors Corp. executive turned electric vehicle guru….say that to countries like Japan that have had them for AGES!!! Read more

This entry was posted on August 15, 2008 at 7:48 am and is filed under Money-Saver, TIMES and more. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.