Trump’s New Tariffs, E-Bike Prices, and Upway’s Advantage
An area in which upway is more exposed to price changes due to rising tariffs is the cost of completing parts repair when reconditioning second-hand e-bike. We must order certain components from abroad, but these parts are only a small fraction of the upway expense involved in certifying, inspecting, and processing e-bikes in all categories, from Hybrid model for transport cargo.
“So actually, in the very short term, the biggest rates and biggest challenge they lead to is the highest price of new bikes, because these are where the highest value is located in terms of what imports- the parts are only part of our [Upway’s] Price. Thus, the impact of tariffs on our spare parts cost and therefore on the price of bikes for upway is very limited. “
An unexpected consequence of the Trump administration’s tariffs is that it can actually strengthen the second hand e-bike market, along with promoting domestic assembly and production. This can make upway and even more call options for passengers looking for excellent deals on new and use e-bike. Our prices are already given savings of up to 60% Compared to new models and they are flat to stay the same, protecting from the effects of higher tariffs and increased costs.
