Another expensive electric bike out is the Electric Motion Systems E+ Electric Bike. Powered by an EMS 1000-watt hub-mounted, brushless permanent magnet motor, the E+ Electric bike will take you about 20 to 40 mile. Which is not bad! A cool feature is that the E+ features regenerative braking; so every time to brake the battery gets charged. The Bike also features a handlebar-mounted LCD display which gives you the speed, distance traveled, and battery level. You can buy this E+ Electric bike for a price of $3,495.