Yes, It Is Cheaper
Right now electric motorcycles are more expensive to buy than gas-powered motorcycles. However, something people don’t think a ton about is the cost of ownership. Basically, how expensive is the bike to ride and own? The video below breaks down the cost of powering your motorcycle clearly.
The YouTuber usmcsaxoki did a breakdown of how many miles he rode on his Zero SR and how much it costs him to ride those miles. He then did those same calculations for a comparable motorcycle with an internal combustion engine. The results are clear. Over the course of a year, you’ll save money on “fueling” your bike. You’ll save hundreds of dollars each year.
According to the video’s analysis, over the course of 5-years of ownership, you could save about $1,500 on fuel (or power) alone. That’s not including all of the other things that internal combustion engines need, like oil, exhaust, spark plugs, and other components and maintenance. The bottom line is that electric bikes are cheaper to ride and over time, the amount of money you’ll have saved will only climb.
It’s an interesting analysis and one worth watching. While the cost savings might not make up the difference in price between an electric and ICE bike yet, at some point, I’d expect it may. You can check out the full video below.