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The price is completely bonkers of course, but i also hope they worked on their reliability, a good few people I know with older kenevo's had frequent hub issues and some motor replacements.
I'm still blown away by how much of a good deal my 4.3k Commencal ebike was just 3 years ago, most brands are asking for twice the price today for similar equipment. (and weirdly my salary hasnt doubled in 3 years...)
As for the motor reliability, Specialized couldn't do much about it, it's a Brose thing...
Inflation in usd is coming, as you can see all the major natural resources are point up. Just saw a chart of steel prices looking lika a bitcoin chart. I know this has Nothing to do with bike tech rumors, but this will affect us in biking as well. It was mentioned in the last insider Line with Push, for reference.
The only issue is that I don't see prices of bikes ever falling, even if the shipping and raw material prices will lower in a few years.
But because the MTB supply is far bigger than the current offer, the brands themselves are increasing their prices because they can.
I am clearly not an economist, and my thinking is certainly too much basic, but I am certain I touch the reality.
So, either the supply dramatically decreases so the prices will decrease, either... either not. From my point of view, that's it.
Hell, last week I had some kids bikes that the MSRP went up $10.. My cost went up by $11.. So, that price increase was actually a small loss for us..
So you have a bunch of people, working from home, saving god knows how much by not commuting and going to Bali for the 8th time this year. They need to blow that disposable cash on something.
Any toy, be it a Dirtbike, performance car, caravan/caper and especially Bicycles are getting snapped up for the most insane prices. Some of the Facebook buy/sell pages I'm on astound me with the prices put up and people swooping in to grab it thanks to the supply chain interruptions.
We are living in a bizzaro world at the moment. Enjoy the ride!
Doddy says that the AXS reveal is tomorrow and the Shimano release is coming up very soon.