The current bike shortage is the result of a demand surge coinciding with a “supply-chain nightmare,” he said.
Will e bikes come down in price?
E-bikes will certainly become cheaper in the end like any other gadget or piece of technology. Just do not expect its prices to settle down in just a matter of a few months or even years.
Are the government going to Subsidise electric bikes?
A similar scheme in Switzerland is credited for a Swiss e-bike boom. The government will seek a delivery partner “to purchase all the bikes and run all the events”, with a scheme put in place in summer and autumn, although the locations have not yet been revealed.