Ford and mobility company n+ have introduced a financing and leasing program intended to lower the cost of electric-bike ownership in the United States. The plan offers payments starting at about $2.50 a day, or roughly $75 a month, positioning an eBike as a less expensive option than the average monthly cost of public transportation in major cities.
The program covers Ford-licensed models styled after the Mustang and Bronco. Each bike includes pedal assistance, throttle operation, and an electric output rated at one horsepower. According to n+, the pricing structure is designed to appeal to commuters returning to offices who now face travel times approaching pre-pandemic levels. Federal data show the average American motor-vehicle commuter spends about 25.4 minutes on each leg of the journey, totaling nearly 19 hours per month.
A comparison cited by the companies notes that public-transit users in 20 large U.S. cities pay more than $95 a month on average. By contrast, the new financing terms seek to make e-bike commuting both cost-competitive and time-efficient. Damian Cook, managing director at n+ and responsible for the Ford-licensed eBike line, said the initiative aims to make electric-bike transit “accessible and exciting” while emphasizing that the bikes provide a quick method of urban travel.
Ford and n+ have not disclosed the length of contract terms or detailed eligibility requirements but indicate that the financing option is now available through participating dealers and the program’s online portal.