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According to the Energy Information Administration, the average American household (2.4 people) goes through about 30 kilowatt-hours per day, which is 300 times more electricity than a reasonably fit person pedaling a good power bike can produce in an hour

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That bullish outlook is mirrored in a report by research company Valuates Reports expecting e-bike sales to reach $36,466.04 million by 2025 up from $19,719.54 million in 2019, attributing that predicted growth to government support and strict rules in favor of electric bikes...(and) a growing user desire to use e-bikes as an eco-friendly and reliable alternative for commuting and growing fuel costs. Digging deeper into the technology of Valeo's e-bike system, which the company developed in conjunction with Effigear, it consists of a 48 volt electric motor seven-speed automatic, adaptive gearbox in a single unit located in the pedal assembly