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

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.

Some links in this article may be affiliate links. If you click on it, we may earn a small commission. This helps us fund This Is Money and keep it free to use. We do not write articles to promote products. We do not allow any business relationship to affect our editorial independence.