eBikes are an incredibly economical form of transportation.
See the prior FAQ, How much does it cost to charge an eBike battery?, to see how we calculated the 7.3¢ electricity cost of an 30 mile eBike commute.
Let’s compare the 7.3¢ eBike commute cost to commuting in a Chevy Bolt EV and gas engine cars (one that gets 40mpg and one that gets 20mpg).
Chevy Bolt:
The EPA ratings indicate a Chevy Bolt consumes 0.29 kWh/mile.
(For comparison, a 2021 Tesla Model 3 with a standard-range battery has a rating of .24 kWh/mile, while a Ford Mustang Mach-E with a standard-range battery has a rating of .34 kWh/mile.)
Assuming 16.9¢/kWh, the electricity to power the Bolt over a 30 mile commute will cost $1.47.
Gas Vehicle (Car or Truck):
40mpg car. Current gas price is about $2.95/gallon. Cost of gas/mile is 7.4¢ resulting in a fuel cost of $2.22 for a 30 mile commute.
The fuel cost for a 20mpg car (maybe think truck here) will be double or $4.44 for the 30 mile commute.
In summary, the cost to “fuel” each vehicle over a 30 mile commute is:
one day cost annual cost
eBike: $0.07 $16.10
Bolt EV: $1.47 $338.10
40mpg Vehicle: $2.22 $510.60
20mpg Vehicle: $4.44 $1,021.20
*assumes 230 days/year
(Note: maintenance costs on an eBike are much less too. EV maintenance costs are far less than those of a gas engine vehicle as well.)
Estimated Pounds of CO2 emitted on a 30 mile commute
one day emissions annual emissions
eBike: 0.38lbs 87.4lbs
Bolt EV: 1.96lbs 450.8lbs
40mpg Vehicle: 14.7lbs 3,381lbs
20mpg Vehicle: 29.4lbs 6,762lbs
*assumes 230 days/year
(Gasoline emits 19.6 lbs of CO2 per gallon. The national average for electricity is 0.92lbs/kWh)