Mate, the Indiegogo darling that burst onto the scene in 2018 with an inexpensive and fun folding e-bike, has just shown off a working prototype of its first electric cargo bike. The Mate SUV, as it’s called, targets families looking to replace a car — something that’s not only possible, but preferred in bicycle-friendly cities like Copenhagen, where Mate was founded.
Electric cargo bikes aren’t cheap, unless you compare the price to that of a car. AAA now pegs the average annual cost to own and operate a car at over $10,000 each year in the US. These estimates range from £3,556 in the UK to €7,392 in Europe. Those recurring costs make the Mate SUV a bargain at €6,499 (about $6,900) when it eventually ships in September 2023. The Mate...
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