Electric bicycles: expense or investment?

Many people talk about the health and environmental benefits of electric bikes, however, the financial side is rarely talked about. Not only are ebikes an economical investment, they also help you save costs in ways you hadn't thought about. So, electric bikes: expense or investment?

Buys
On average, electric bicycles in Mexico range between $20,000 and $80,000 pesos. A Pulse Bike electric bicycle is priced from $30,000 to $35,000 Mexican pesos, without the need for licenses, plates or fuel costs and with some of the most powerful and high-quality components on the market.

Our components are comparable to the best international brands, at a fraction of the price. Foreign brands with similar capabilities can cost from $60,000 to approximately $120,000 pesos.

Due to inflation, the average price of a new low-mid range motorcycle ranges between $30,000 and $60,000 pesos, with several of the comfort features already found on a Pulse (such as headlights, or the ability to transport 2 people). On the other hand, the average price of a new car in Mexico is $399,000 pesos. ( We agree that the price may vary depending on the model, year or use). This means that for the price of one car, we could have bought almost 12 new electric bikes!

Fuel
The price of the Pulse electric battery is $5,500 with a duration of around 5 years, which means an expense per year of approximately $1,100.
If we add the 30 cents that each charge of your electric bicycle costs (on average we estimate that it would be charged every 2-3 days), you would spend between $1,136 and $1,150 annually on your transportation. Even moving by metro in CdMx you would spend more than this (on average $2,190 pesos) annually.

According to Inegi data, in 2018, Mexicans paid, on average, between $10,000 and $27,000 pesos for gasoline per year. Imagine how much you save with your electric bike and everything you could do with that money.

Maintenance and cost savings
Like all vehicles, electric bicycles need care to stay in perfect condition. Such as annual tune-ups, tires, brake maintenance and battery replacement after approximately 5 years. Although it depends on the use given to them and the conditions in which they are used.
On the other hand, cars need maintenance at least once a year, which is several times more expensive than that of a bicycle. In addition, their depreciation is much greater than that of an ebike: once they leave the agency they are worth 37% less after the first year, compared to an electric bicycle that is 25% less.

Time
A study carried out by the global company specialized in transportation analysis worldwide, INRIX, revealed that approximately 218 hours are lost behind the wheel. Imagine everything you could have done with all those hours. Electric bicycles have arrived to give a significant twist to these statistics. T ime is money and electric bikes save both, every minute counts.

In addition to saving travel time, we also improve our physical and mental health , which can be costly over time.

Expense or investment?
Now that you really know the cost of obtaining an electric bicycle, do you think it is a good alternative to deal with traffic and increases in gasoline prices, licenses, services, among others?
What are you waiting for to invest in a Pulse and start the year saving 218 hours of your life in 2023. Do you dare to invest in an ebike?