We have heard of electric cars, but electric bikes? The bicycle industry is finding new ways to be environmentally friendly with the introduction of bikes that allow riders to travel without releasing carbon emissions or even breaking a sweat. Electric bikes (e-bikes) are equipped with a motor and battery. With each pedal stroke, the motor provides additional power, allowing riders to pedal without expending as much energy as they do with conventional bicycles. Typical e-bikes have a maximum speed of 25 mph and cost from $500 to $3,000. E-bikes are more common in bicycle cultures like many in Asia and Europe, but they are also breaking into America. Americans bought 170,000 e-bikes in 2008 and around 200,000 in 2009, and sales are expected to continue to increase. Best Buy even introduced e-bikes in some of its stores. Schwinn has come out with the motto "Save the world without Killing your knees" to advertise its line of e-bikes, playing up the e-bike's environmental friendliness and ease of use. Schwinn offers the high-end Tailwind, with batteries that charge in under 30 minutes. Other companies are focusing on e-bikes specifically. One such company is Ultra Motor Company Limited, a private corporation and developer of light electric vehicles. Its product, the A2B Metro, can go for 20 miles on a charge. This 100 percent electric vehicle resembles a mix of a scooter and a bicycle. Unlike motorcycles, this e-bike's motor is quiet. allowing for peaceful commutes. The e-bike could very well be the answer urban commuters are looking for. Its zero carbon emissions make it a good deal for those who care about the environment, those who have a hard time finding parking, and those who simply want to get more exercise. Ultra Motors needs to raise funds to grow the business, they can Multiple Choice sell funds as an S-Corporation become a public corporation sell bonds as an LLC. Chapter 4 - Interactive Exercise i E-bikes are more common in bicycle cultures like many in Asia and Europe, but they are also breaking into America Americans bought 170.000 e-bikes in 2008 and around 200.000 in 2009, and sales are expected to continue to increase. Best Buy even introduced e-bikes in some of its stores. Schwinn has come out with the motto "Save the world without killing your knees to advertise its line of e-bikes, playing up the e-bike's environmental friendliness and ease of use Schwinn offers the high-end Tailwind, with batteries that charge in under 30 minutes Part 1 of 5 Other companies are focusing on e-bikes specifically. One such company is Ultra Motor Company Limited, a private corporation and developer of light electric vehicles. Its product, the A28 Metro, can go for 20 miles on a charge. This 100 percent electric vehicle resembles a mix of a scooter and a bicycle. Unlike motorcycles, this e-bike's motor is quiet allowing for peaceful commutes. The e-bike could very well be the answer urban commuters are looking for. Its zero carbon emissions make it a good deal for those who care about the environment those who have a hard time finding parking, and those who simply want to get more exercise. 5.88 points If Ultra Motors needs to raise funds to grow the business, they can O Multiple Choice sell funds as an S-Corporation become a public corporation. OOOO sell bonds as an LLC. become a sole proprietorship
