The Third Biggest-Selling EV in the US is a Lectric EBike

Portrait of Mitchel Anderson, Rider Guide's Editorial Lead
Josh Jones
June 11, 2024

A devoted road and gravel cyclist and all-around gearhead, Josh has been riding and writing about electric scooters for the past five years. He’s generally happier on two wheels than two legs. When Josh isn’t writing or wrenching, he’s usually out on the road….

lectric ebike

The Lectric XP 3.0 EBike Outsells Every Electric Car Except Tesla in the United States

It seems like there are more Rivians on the road every month, outselling even the Ford F150 Lightning edition. Toyota Priuses always seem to be around in abundance, even if some of the other big car manufacturers have trouble marketing their EVs.

But appearances can be deceiving. While EVs proliferate on American roads and highways, it turns out that the third biggest selling electric vehicle in the US – right after the Tesla Model Y and Model 3 – is not a car or truck at all, it’s an electric bike, the Lectric XP 3.0 (full review).

Lectric, the biggest seller of ebikes in the world, is smashing the big automakers when it comes to helping “electrify more Americans,” they say, “than Ford, Volkswagen, Hyundai, Rivian, Lucid, BMW, and Porshe combined.”

For context, the Chevy Bolt, in fourth place, sold around 62,045 units, while the Model 3, in second, sold around 220,910. Lectric doesn’t reveal their exact sales numbers since they’re still a privately held company, but they’ve sold somewhere around 400,000 electric bikes from 2019 to 2023, and they hint that their 2023 numbers were in the high five figures.

Why the Lectric XP 3.0?

Lectric has branched out since introducing their line of small, folding bikes. They now sell a full-size non-folding e-mtb and a commuter ebike with a torque sensor and your choice of a 500W or 750W rear hub motor.

But it’s the foldability – and the perfectly low price – of the XP 3.0 that appeals, as well as its 180mm hydraulic brakes, swappable battery, and the option to unlock Class 3 speeds, all for $999. We tested and reviewed it, and it can pretty much do anything.

Our Lectric XP 3.0 Video Review

The Lectric XP 3.0 in Brief

Not only can the XP 3.0 support riders of up 330 pounds, but it can also carry up to 150 pounds of cargo (we tested that too), thanks to its welded-on rear rack. It’s also got 3” wide fat tires for maximum traction and a smooth ride, front shock absorption, and half a dozen other features and options. 

The Lectric XP 3.0 has tested top speed of 29.5 mph, tested range of 24.1 miles, and tested weight of 62.4 pounds. We also tested the acceleration and it’s fast, hitting 15 mph in 5.5 seconds on throttle power. 

You can leave the bike in Class 2 for kids or inexperienced riders or unlock it for yourself. It’s got a 7 speed Shimano drivetrain, 5 pedal assist modes, and two available frame styles – step-thru or step over. 

Bigger than Rivian?

On the one hand, you can say that this is an unfair comparison. Lectric has sold a lot of bikes, but how many people actually ride them to work, to the grocery store, to soccer practice, etc? Is an ebike really a substitute for a full-sized four-wheeled EV? It’s a fair question, and electric bikes can’t replace cars and SUVs in every situation.

But more and more Americans are finding themselves buying ebikes instead of getting an EV as a first or second car. In urban areas, especially, an ebike makes more sense than a car that requires parking, insurance, and registration. And a folding ebike can live in an apartment, safe from thieves, and travel in the back of an SUV without a rear rack. 

EBikes are even replacing cars for teens, with a new generation moving away from getting drivers licenses at 16 as a rite of passage, since their electric bikes give them all the freedom and flexibility they need, without the added expenses and environmental impacts.

More Americans are finding out that electric bikes can actually replace their cars for most of what they do throughout the week. Lectric’s sales in the US reflect that. Other US ebike manufacturers like Ride1Up and Velotric are following suit, with the hope for new legislation that will clear the way for them to keep building and selling affordable ebikes, and outselling electric cars, for many years to come.

h/t Electrek

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