KUEV – The cheapest electric bike is the cheapest in the country, according to the latest rankings of the most affordable electric bikes in Australia.
The report by Cycle Australia was released this week, which ranked the top-selling electric bikes based on their performance, cost and performance.
It also ranked the most expensive bikes based upon price, performance and features.
“The report shows a huge difference in the quality of the bikes sold in Australia compared to other countries, with the top ranked models costing less than $200 in Australia,” the report states.
“Many of the top models are low-cost alternatives to the big brands in Europe and the US.”
Cycle Australia believes that the top 10 best selling models in Australia are the cheapest and most efficient, while the bottom 10 most expensive models are the most inefficient.
“It also ranked bikes from the top 50 most expensive to the top 100 least expensive in Australia, with bikes costing between $300 and $800.
There are more than 100 models in the top 20, and more than 200 models in this ranking.”
A very important aspect of the study is that it looks at the cost per watt, not the price per kilometre, but this is a critical factor for the affordability of these bikes,” Dr Tim Jones, president of Cycle Australia, said.”
As such, a bike costing $100 more than a bike of the same watt is more affordable.
“What you end up with is a bike that is very competitive in terms of price, but you’re also getting a bike with very little performance, so the performance is lower than you might expect.”
There are a lot of bikes that cost $300 to $1000 and are just as good, so they’re not as competitive.
“They’re often cheaper than the cheaper bikes in the same category.”
The survey of 1,200 consumers found the cheapest bikes in each state were the Honda NSX, the Suzuki GSX-R and the Yamaha YZF-R650R, while those with the highest average prices were the Kawasaki Ninja 650, Suzuki GS600 and Yamaha YzF-JR 650.
“This is important for our retail partners to understand that there’s a price advantage when they’re buying from us,” Dr Jones said.
“We want them to understand we’re offering a great value for their money.”
CycleAustralia chief executive Mark Brierley said the findings showed that it was important to be upfront about what it costs to buy an electric bike.
“If you’re going to spend more money than you think, you should be upfront,” Dr Brierleys said.
“People don’t understand the difference between a $500 bike and $1,000 bike.
You need to be clear on what you’re paying and how much you’re getting for it.”
“You need to know where the difference is in terms.
If you don’t know the difference, then you’re not going to make the best decision.”
The top 10 cheapest models, with their highest average price, were the Yamaha FZR500, Honda NS10, Suzuki GTR1000 and Yamaha SX650.
KUEV also released the second-lowest-priced models, the Kawi KK1100 and Honda SX600.KUELAX – The Kawi was the lowest-priced model, costing $800 in Queensland, compared to the $1.1 million price tag of the Kawis K1000 and Kawi M550.
The cheapest bike in Queensland was the K1200, which was priced at $1 million in Queensland.
There were only three models with higher average price in Queensland: Kawi R1000, Suzuki GR1000 and K1200.
The top 50 cheapest models in Queensland were: Kawasaki X500, Kawi X700, Kawis X650 and Kawasaki KX600.
The bottom 50 least expensive models in Brisbane were: Honda SRX700, Suzuki SR650, Suzuki M650, Yamaha SR500, Suzuki X450 and Kawis XT650.
“We know a lot about how people buy their bikes, and the Kawas X650, the Honda SR750 and Kawas XT650 are among the best value bikes in Queensland,” Dr John Kelly, president and CEO of Cycle Australian, said in a statement.
“These bikes are all great value, so it’s really important that we’re upfront about the cost.”
Cyclist John Bowers said he was surprised the top five bikes were all electric.
“You would think with all the electric bikes you would have to spend a lot more money to get the same results as a bike like the Yamaha SR650,” Mr Bowers told ABC Brisbane.
“I’ve never been on an electric bicycle before, but the Kawahas are the best.
They’ve got a lot less weight and are much faster.””
The Kawis really do a great job.
They’re a bit of a surprise, I’m not