Aside from their health and environmental benefits, bikes are probably best known for being cost-effective methods of transportation.
But that doesn’t mean that all bike owners are looking to cut transportation costs. In fact, a new group is now making an impact on the biking industry – the super rich.
E-bikes are battery powered bicycles that have become popular in several European countries. They sell for up to 40,000 euros ($45,000). And they don’t even require users to pedal. So riders can even go up and down hills without really breaking a sweat.