![]() Not huge, but that predates the flurry of activity we’ve seen in recent months, with new, cheaper models hitting the road. You should sign up for it.) Consider this snapshot from January 2022, in which cargo bikes made up just 2.77% of used e-bikes posted on Craigslist that month. Previously, cargo bikes were only a small part of the used bike market, according to Puneeth Meruva, senior partner at Trucks VC and author of the very large Flying newsletter which concerns the aftermarket of electric bicycles. Bikes are becoming cheaper, more used bikes are being offered for sale and, in general, cargo e-bikes are more available and enjoying greater visibility, which in turn has positive implications for infrastructure and the overall reduction in car journeys. As more brands cram into the space, the ripple effects on pricing and the secondary market increase. In the past month alone, we’ve seen new models introduced by mainstream bike manufacturers, like Trek and Specialized, as well as new direct-to-consumer brands like Aventon, Rad Power Bikes, and Lectric. ![]() It’s also why every company under the sun is tripping over itself to release new cargo e-bikes. The superpower of cargo e-bikes to save the planet and the community is widely known That probably explains why they’re so popular, selling out at a faster rate than traditional bikes and even other electrified models. They have been shown to reduce car dependency, save people money, reduce carbon emissions and speed up delivery times for businesses. The planet-saving and community-saving superpower of electric cargo bikes is widely known. It’s as if industry and government simultaneously realized the huge potential of cargo e-bikes to replace car commuting and improve the environment, and honestly, it’s about time. ![]() Not only are there a bunch of great, low-priced models that just popped out from an assortment of really great companies, but there are also a growing number of states offering incentives to curious buyers that could help cut even more the costs. Now is the perfect time to buy an electric cargo bike. We live in the golden age of electric cargo bikes
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