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This is relative. Generally they cost more than small cc motorcycles but then save you a lot in maintenance and parts. Our batteries are good for 800 charge cycles which is almost three years if you charge daily. The mechanical aspects remain functional and so remain useful.
Charging an electric Bicycle completely, costs around $0.12 (N53.04 @official exchange rates, which works out at N1,650 per month). They can therefore be charged with any electric source, even by small generators or solar panels. They generally are not charged by pedaling or braking.
Electric bicycles by replacing cars and other emission producing vehicles, can reduce carbon emissions by up to 50% according to studies. They have zero emissions themselves.
Electric bicycles come in 3 classes that regulate their speed amongst other things. Generally, they can assist with speeds up to 25km/hr at the low end and 32km/hr at the high end. On average, e-bikes range between 30-40km. Our e-bikes range between 55km and upwards of 80km. No licenses needed.
Bicycles have seen a recent spike in popularity and have been growing steadily. Of these, electric bicycles are the fastest growing segment, contributing around 60% of the growth. It is estimated that this is because of its obvious advantages in commuting: can be ridden without much sweat but can be switched up to give a workout, They improve wellness and offer health and other benefits as well, including promoting family activities, thus providing the best of all worlds all without losing their ease of adoption, storage and savings.