Fight rising gas prices with 25% off a bike or e-bike

By Toby Walne, Financial Mail on Sunday

Published: 4:50 p.m. EDT, June 4, 2022 | Updated: 4:50 p.m. EDT, June 4, 2022

National Bike Week begins tomorrow – with a record number of e-bikes taking part in a variety of events designed to showcase the many benefits of cycling.

Sharp price increases at the gas pump have led to a huge increase in the number of people leaving their cars at home and using bicycles.

The biggest increase in bicycle sales is for e-bikes, also known as e-bikes. This year, sales are expected to double to 300,000, bringing the total number of e-bikes on our roads to over one million.

Pedal Power: As part of National Bike Week, the government-backed Cyclescheme is being promoted

There are already 20 million traditional bicycles in the UK.

E-bike sales are said to be higher, but they are still expensive – usually costing from £1,000. However, as part of National Bike Week, the government-backed Cyclescheme is being promoted, allowing buyers of traditional and e-bikes to enjoy 25-40% discounts on a new two-wheeler, as well as accessories such as helmets and locks. .

The discount, offered to workers whose employers are affiliated to the scheme, results from the fact that the buy-back is made on the gross salary – and not net.

Over 2,000 bike shops across the UK are also signed up to the scheme, details of which can be found at cyclescheme.co.uk.

Electric bikes have a rechargeable battery-powered motor on the frame, which is especially useful when riders are tackling hills.

At speeds of up to 15.5 mph, riders no longer receive motor assistance.

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