If you’ve been thinking about getting an ebike, we wanted to share a quick heads-up that might help you make the most of your timing.
You may have seen in the news that ongoing conflict in the Middle East is starting to disrupt global oil supply. When oil prices rise, it has a ripple effect across a lot of industries, especially those that rely on materials like steel, aluminium, plastics, and international shipping.
What does that mean for ebikes?
In simple terms, we’re expecting to see:
- Production costs for bikes increase by around 10-20%
- Shipping costs (from China to New Zealand) potentially rise by up to 50%
While we’re working hard behind the scenes to minimise the impact, these pressures will eventually flow through to retail pricing across the industry.
The upside?
Right now, pricing is still based on earlier, lower costs – which means bikes are unlikely to be cheaper than they are today.
At the same time, many people are already feeling the pinch at the petrol pump. For everyday commuting, an ebike can be a genuinely cost-effective alternative, not to mention a more enjoyable one.
So if an ebike has been on your “maybe soon” list, this could be a great window to take the next step while pricing is still in your favour.
If you’d like to:
- Ask a few questions
- Compare models
- Or book a no-pressure test ride
click below to get in touch with your nearest agent – we’re always happy to help you find the right fit.