What is the average price of a good electric bike? Buying Guide 2024
Buying an electric bike is a significant investment, whether you're looking for a model for daily commutes or weekend rides. In 2024, the electric bike market continues to grow, with a wide range of prices and features to consider. So, how much does a good electric bike really cost? We’ll analyze the various factors that influence the price and give you an idea of the budgets to expect, along with concrete examples of popular models.
The different types of electric bikes
Before discussing prices, it’s important to know that there are several types of electric bikes, each with specific characteristics.
- Electric mountain bike (e-MTB): Designed for mountain and off-road enthusiasts, built for performance in rough terrain.
- City electric bike: Ideal for urban commuting, it's lighter and more compact.
- Electric road bike: Designed for speed and perfect for long-distance rides on paved roads.
- Folding electric bike: Practical for urban commutes, easy to fold and transport.
Each of these types has a price that varies depending on the technical specifications and features offered.
What factors influence the price of an electric bike?
The price of an electric bike depends on several criteria, including:
- Battery quality: One of the most expensive components of an electric bike. A high-capacity battery allows for longer distances but raises the overall cost. A 500 Wh battery is typically more expensive than a 300 Wh battery.
Source : Screlec.fr
- The motor: Electric bikes come with motors of varying power. A 250W motor is standard in Europe, but some high-end models offer more powerful motors, increasing the price.
- Frame materials: An aluminum frame will be cheaper than a carbon frame, but the latter is lighter and often more durable.
- Components: Hydraulic brakes, high-end gears, reinforced suspensions—all these elements drive up the bike's price.
- The brand: Renowned brands often offer guarantees and better after-sales services, justifying a higher price.
Price ranges for electric bikes in 2024
Here’s a table detailing the different price ranges, explaining what each category offers in terms of features, and providing concrete examples of models.
| Category | Average price | Description of features | Model examples |
| Entry-level | €800 - €1,500 | Basic bikes suitable for occasional use or short distances. Small battery (around 300 Wh), 250W motor, simple components. Aluminum frame, with mechanical disc brakes or classic rim brakes. Ideal for light urban rides. | NCM Moscow (around €1,200), Weebike Urban (around €900) |
| Mid-range | €1,500 - €2,500 | For daily city commuting or longer rides. 400 Wh battery, range up to 80 km. Front suspension, hydraulic disc brakes. LCD display to show range. Perfect for regular city use or light trekking. | Moustache Lundi 27.3 (around €2,300), O2Feel iSwan Urban (around €2,000) |
| High-end | €2,500 - €4,000 | Sturdy, versatile bikes for regular and intensive use. 500 Wh battery, range up to 100 km. High-quality motor (Bosch, Shimano), often carbon frame, hydraulic brakes, and advanced components. Reinforced suspensions. | Trek Allant+ 7 (around €3,800), Riese & Müller Charger 3 (around €4,000) |
| Premium | €4,000 and above | Ultra-high-performance bikes for enthusiasts or athletes. 600 Wh battery, range up to 150 km. Powerful and quiet motor, ultralight carbon frame. Premium components like high-end hydraulic disc brakes and electronic gears. | Specialized Turbo Creo SL (around €6,500), Riese & Müller Superdelite (around €8,000) |
What budget should you plan based on usage?
The budget you should plan for an electric bike largely depends on the intended use. Here are some examples to guide you:
- Daily urban commuting: If you plan to use your bike to commute to work or run errands around town, an entry-level or mid-range model will generally suffice.
Recommended budget: between €1,200 and €2,000. - Leisure and touring: For countryside rides or longer excursions, you’ll need a mid- to high-end bike for more range and comfort.
Recommended budget: between €2,000 and €3,500. - MTB or sports use: Sports enthusiasts or those looking for an off-road bike for technical trails should invest in a high-end model.
Recommended budget: between €3,000 and €5,000.
New or used: which option is best?
If your budget is tight, buying a second-hand electric bike can be an interesting solution. You can generally save up to 40% off the new price, but it's important to check the condition of the battery and motor before purchasing.
Caution: A used bike may no longer be under warranty, and it can be difficult to find spare parts for some older models.
