Sustainability isn’t just about how we live at home, or our habits in the workplace. Sustainability is also about where we put our money and how we invest our savings. Green investing is a way to sleep a little easier, while profiting, we hope, from next edge technologies. The electric bike is one of those next edge ideas whose time has come.
It’s no secret that LEVs, Light Electric Vehicles, have stormed American shores. Visit any auto parts chain and you’ll likely see a selection of electric ped-style scooters and electric motor scooters displayed by the front door, many priced at a fraction of what you might think an e-vehicle should be worth. Generally these inexpensive toys are manufactured in China and aren’t up to the task of a daily commute. The technology and the batteries used in toy electric scooters are simply outdated.
True e-bikes on the other hand offer next edge design and technology, generally in a product made in Europe or America. And e-bikes are true hybrid vehicles allowing the rider to combine basic transportation with exercise. Should the battery run low on an e-bike, you can still ride home.
True e-bikes aren’t toys, and they aren’t inexpensive, though when compared to the cost of other commuter vehicles they’re a bargain. Small companies here manufacture many popular models of e-bikes in America. Because only a few of these companies are publicly traded, an investment in e-bikes may be a bit more hands-on than merely contacting a brokerage. Do your research. Is the company producing a solid product? Is the bike broadly distributed through a network of dealers? What plans are in place for marketing and further R&D? What do customers, actual riders, have to say about the bike?
If everything looks and feels right, strap on your helmet and ride as fast as you can. The race is on in a hot market.
