Why The New Lotus ElectricBike Costs Almost $25,000

04 Nov 2023 | Abstracted from Electrek

"If you suspect that the price is so high thanks to that Lotus badge, you’re only partly right... A big part of the price in the Lotus Type 136 comes down the super lightweight design...the battery is disguised as a small water bottle and the HPS motor drive system weighs a paltry 1.2 kg...with the motor itself weighing just 300 grams (0.66 pounds)...The first Type 136 e-bikes off the line will be individually numbered as part of a limited edition..."

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