This thing is absurd. Not sure how many they'll sell but it won't be many.
Maybe if this one fails they'll make a 30mph/30 mile range Lamborghini look-alike that costs about the same as the real thing.
This one made me laugh though:
"1. No insurance required. Save more than $2000 a year. 2. No gasoline required. Save more than $1800 a year. 3. No parking fees. Save more than $1500 a year."
That's a saving of $5300 a year! But wait - there's more: order in the next 30 minutes, and.....
Nice inflation of benefits and improper accounting for other costs!
1) Insurance on my N300 is costing me about $160/yr (basic coverage).
2) I can't imagine I spend $1800/yr on gas in my bikes (probably less than $500), and they conveniently seem to charge their eBike off of free electricity somehwere... (Note, cost per km is
about 50 times higher for the N300 than for the eBike, rough calc using current gas and electricity rates for Halifax NS)
3) Personally, I have no regular parking fees so just the odd parking meter or parkade, maybe $100 a year conservatively?
Then due to range and speed limitations, have to take my car much more often in the summer, probably in the range of $500 more worth in gas (bike is effectively twice as efficient as car in my case, so any cost "savings" on gas get eaten up by needing to take the car).
I could save less than $300 a year to have a vehicle (read: bicycle) with a max speed of 32 km/hr (I've gone over 50km/hr on a cheap pedal powered bicycle I got at Walmart) and a max range of 60km? AND not have a proper motorcycle? Where do I sign up for that slice of heaven...