This is one of the main reasons to consider an ebike. They are extremely cheap to own and operate. Lasting 20-40 miles per charge, these can significantly drop your cost for urban transportation. They are classified as a “bike” so they can be parked with more traditional bicycles and save on parking passes. Many employers will allow you to charge electric vehicles, especially something as convenient as an ebike, for free.
Many modern cars have an operational cost between 20 to 50 cents a mile (2017 federal mileage rate is 52.5 cents per mile). Considering the few cents a mile it may take to run an ebike, every 100 miles ridden on your ebike will save you roughly 20 to 50 dollars. Many people could replace a car completely with an ebike. This is especially true in urban cities with public transportation. An ebike can take you to the train station, bus stop, or carpool rendezvous in minutes. They are affordable, simple, and clean. They offer the potential to free up congestion, minimize air and noise pollution, and offer fun commute options. Depending on your local laws, top speeds of 20-30 mph (see Legal) are easily attainable. This can offer true commute options. The ability to move about among congested roadways and take bike paths, etc., could actually reduce your commute time from a traditional car.