Electric bikes are not cheap but spending a little more on one could help you save money in the future
By Nicole Ganglani | Photo by Tower Electric Bikes/Unsplash
Research published in Premium Market Insights predicts that the electric bikes market is $23.83 billion by 2025. And with the growth rate of e-bikes estimated from 2020 to 2025 expected to increase by 4.9 percent, the Philippines is reportedly one of 10 countries in Asia-Pacific that will capitalize on these electric gains.
In Metro Manila, battery-powered bikes aren’t as common just yet. However bicycle and vehicle shops like Specialized, Ford, VMAX Racing are among those that sell e-bikes. Several online platforms like E-bike City PH, GO GO E-bikes, VermoMan, Lazada and other Facebook groups are also getting in on the e-bike market. E-bikes are slowly entering the mainstream and could possibly see a rise in demand in the next few months or so especially since bicycles have now emerged as a vital mode of transportation.
When you ride an e-bike, you can choose to pedal or not. The reason is that these bikes are equipped with batteries and an in-built motor that can assist and do the pedaling for you. The motor also provides power, which can help accelerate you on the road with little effort. Unlike electric scooters, e-bikes don’t just rely on batteries to operate since they can still function if you manually pedal too.
Quality e-bikes are not cheap but investing in one right now could help you save money (and even time) in the long run. Unsure if you should buy one? We’ll make it easier for you.
Yes, if you want to get to your destination with minimal effort
You can achieve speeds of 25 to 50 kilometers per hour with an e-bike. E-bikes are not recommended in highways, trails or even in uphill roads since it could damage the battery. Since the Philippines isn’t exactly the most bike-friendly place in the world, it’s best to use them if your destination is shorter than 16 kilometers or you need to commute to places within your city.
Yes, if you want to ride more
A 2018 survey by the National Institute of Transportation and Communities found that people who own e-bikes tend to cycle more frequently. It also indicated that 94 percent of non-cyclists who invested in an e-bike rode daily or weekly. What sets e-bikes apart from regular bikes is that you can exercise similar to how you do with a bike and at the same time give yourself a break, thanks to the motor that can take over the pedal.
Yes, if you want to reduce driving
E-bikes can easily cut down short distance drives. Twenty-eight percent of people said in the same survey that they invested in an e-bike to lessen driving and waiting in traffic while 30 percent said they prefer accomplishing their errands with an e-bike. Aside from saving time on traffic, e-bikes slashes trips to the gas station, helping you get to your destination faster as well as curtailing your carbon footprint.
A 2018 survey by the National Institute of Transportation and Communities found that people who own e-bikes tend to cycle more frequently. It also indicated that 94 percent of non-cyclists who invested in an e-bike rode daily or weekly
No, if you don’t want to maintain them regularly
Aside from the e-bike itself, you also have to regularly look out for its electronic components. A typical e-bike battery lasts for about 56 to 160 kilometers before you need to charge it again. Of course, it depends on the kind of e-bike you have as the battery and power of the motor varies. A 10 AH 34 volts battery for example limits you to 50 kilometers and requires longer charging time.
No, if you don’t like heavy bikes
Since they come with a motor and extra components, e-bikes normally weigh twice as heavy as regular bikes. A VanMoof S3 e-bike for example, weighs around 18 kilograms, so you probably may have trouble lifting it when climbing stairs or carrying it on public transport.
No, if you feel it’s not safe to commute in your city
An e-bike is an innovative and expensive piece of equipment (with prices up to P45,000) so it may get a lot of public attention. Which means that securing it is an important issue you need to be aware of given that bike theft is a real threat here.
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