Electric bikes are about to get more expensive, and the timing couldn’t be worse
Electric bikes are about to get more expensive, and the timing couldn’t be worse
Biden’s tariffs are going to roil the e-bike boom.
This is an article to make you buy an e-bike now .
You know that, right ?
While that might be true, it doesn't look like The Verge was sponsored by any specific ebike company to write this article, since they never mention any specific brand.
Edit: actually after scrolling down enough, they did interview people from some ebike company. Still doesn't look (too) sponsored
Only one remaining! Order soon!
well yes but with the new tariffs they are not exactly wrong.
in the US...
We're all living in amerikka
koka kola
santa klaus
Gve me a scare then. Ebikes are already expensive down under.
I think US consumers will manage. As non-American I find it strange that so few Americans seem to recognize that trade isn't going to magically make the world a peaceful united place.
It's all free market until they can no longer compete. Then it's time to get down and play dirty.
The point is that, when trade has the potential to make the world a peaceful united place, capital and its state will violently intervene to extract a "profit" instead.
Just buy a regular bike. And no you don’t need a expensive Specialized or Cannondale.
No but at the same time you shouldn't buy a bike from Walmart either because it will turn you off of biking pretty fast.
Jokes on you! I plan on fishing my next ebike out from the bottom of a lake!
This is the best summary I could come up with:
Earlier this month, the Biden administration announced major new tariffs on Chinese imports, including electric vehicles, batteries, solar cells, and a range of other goods.
But environmental groups warned it could hinder our efforts to meet our climate goals by making things like EVs and solar panels more expensive.
“The expiration of Section 301 tariffs will cause a further weeding out of underperforming e-bike companies and, unfortunately, consumers will most likely see prices rise across the industry,” said Levi Conlow, CEO of Lectric eBikes, in an email to The Verge.
And states across the country are recognizing the potential of e-bikes to help reduce emissions and car trips by offering rebates and other incentives to make them more affordable for consumers.
The Biden administration, though, is more fixated on getting people to switch from gas to electric cars, through $7,500 tax credits and billions spent on EV charging infrastructure.
But US companies have an opportunity to step up and reshore their manufacturing operations or find new international suppliers that are located in countries that aren’t the target of our protectionist government.
The original article contains 916 words, the summary contains 181 words. Saved 80%. I'm a bot and I'm open source!
More expensive in America, reduced demand might make them cheaper elsewhere?
wait did they ban cars? no, so it will be fine, you want a bike (e or not) you can still get them and have no place to ride them safely.
I'm glad they put the real headline in the URL so I don't have to click the bait. I hate the Internet now. It's like they want us to stay exclusively on the big platforms