Lectric eBikes hits $1 billion in sales, surpasses 750,000 e-bikes

This is about e-bikes, not home energy upgrades, but here's the news in brief. Lectric eBikes, the largest e-bike seller in the US, has passed $1 billion in sales through its online store and sold its 750,000th electric bicycle, hitting both marks the same day. The company started in 2019 with a $899 folding e-bike and built its business on keeping prices low while growing fast enough to negotiate better deals with suppliers.

This year Lectric expanded beyond its original lineup. It revived the Juiced Bikes brand with new Scrambler models, launched a separate line called Juiced Powersports for higher-power electric motorcycles, and started a more upscale e-bike brand, Monarc, aimed at riders willing to pay more for higher-end parts.

For homeowners, this isn't tied to any rebate or energy program — it's simply a sign of how big and competitive the e-bike market has gotten, with one company now offering budget, performance, and premium options across several brands. If you're weighing an e-bike as a way to cut down on car trips or errands, it's worth knowing the market now has a lot more choices at a wider range of prices than just a few years ago.