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The most common and least expensive battery technology is sealed lead acid but LiFePO 4 is fast becoming the battery of choice for the e-bike. Converting one's bike to electric with a conversion kit is an easy and affordable solution for most people interested in learning more about electric vehicle conversion.
E-bikes have reached a market share of 10% by 2009, as e-bikes sales quadrupled from 40,000 units to 153,000 between 2006 and 2009, [84] and the electric-powered models represented 25% of the total bicycle sales revenue in that year. [83]
Currently there are several companies manufacturing aftermarket internal combustion engine (ICE) motor conversion kits for conventional bicycles. These include both four-stroke and two-stroke gasoline engine designs. Among these, Golden Eagle Bike Engines currently produces a rear-engine (rack-mounted) kit using a belt to drive the rear wheel.
Many bicycle brands do not manufacture their own product, but rather import and re-brand bikes manufactured by others, sometimes designing the bike, specifying the equipment, and providing quality control.
In 2000, P.E.T. added light-electric motorcycle and scooter visionary Todd Bank to their team and P.E.T. secured major funding from the Los Angeles Department of Water and Power to design and prototype the first battery-swap station's for light-electric vehicles and NEV's. P.E.T. prototypes and designs are now on display at museums across America.
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