Want to know how much an electric skateboard costs?
Electric skateboards have become popular over the years. People have been using them to ride around the city. However, many people have been complaining about the price of an electric skateboard. Sometimes they are paying $200-$400 and sometimes they are paying even $5000!
There are some factors that go into pricing an electric skateboard. To make sure you’re not overpaying, it's smart to understand the pricing model of electric skateboards and the factors that contribute to their cost.
This way you can be certain you're getting the best value for your money. So, in this guide, we are going to discuss the factors you should spend your money on.
Read: Best Electric Skateboards
The Pricing Factors of an Electric Skateboard: How Much is an Electric Skateboard?
The price of an electric skateboard is determined by the quality, durability, and efficiency of the materials used. However, sometimes the price can be affected by customer service, production, and marketing costs. Let's see.
Material of the Deck
That is why there are a lot of brands using shiny materials to provide a smooth, metallic finish or unique variants like wood. However, these materials vary between models and brands, which affects the electric skateboard's overall price.
The overall effect on the price depends on the percentages of materials used and the manufacturer's intention.
For example, some brands use wooden materials to improve the skateboard's flexibility and absorb vibrations, carbon fiber or fiberglass to make it lighter, and even titanium to make the skateboard more durable.
Truck & Wheels
For example, the electric skateboard's truck and wheels play a huge role in how users enjoy their ride. Users can have the best skateboard with a big and reliable battery but they can have a bad riding experience since their wheels and truck can't absorb vibrations.
Additionally, high-quality wheels and trucks make the ride feel smoother. They are more durable in comparison. Users need to spend more if they want high-end quality products.
The Efficiency and Durability of the Battery
They are what keep the electric skateboard running, also they add weight to the whole product, and they are made up of smaller battery cells. The skateboard battery also helps determine the electric skateboard's range, power, torque, and speed.
Most brands use Li-ion, LiPo, or LiFePo batteries.
Li-ion is the most common of the three variations and is more balanced in capacity and price ratio. Moreover, this battery is easy to use, safe to handle and remains healthy for longer.
The 18650 batteries are less expensive than most other batteries and they are usually assembled in electric skateboard groups of between 10 and 30.
Electric skateboard batteries cost between $150 to $1200. that is why they play a big part in affecting the price of the skateboard.
The Quality of the Motor
There are two electric skateboard motor variations, single and dual. These variations are often viewed as the primary indicators of the electric skateboard's performance.
Electric motors are made of copper coils, which isn't a cheap material to come by.
Finally, different brands build their electric skateboards in different designs. These designs make the skateboard go faster.
Together, these factors significantly affect your electric skateboard's overall pricing.
Remote Control
The electric skateboard’s remote control also plays a big role in how it's priced.The performance of remote control affects the rider's experience. For example, good remote controls help users to cruise over pavements gracefully. These batteries have easy-to-learn controls that are less likely to cause any accidents.
Warranty and Customer Service
Brands with good customer service attract new customers and retain existing ones. However, customer service isn't cheap. That is why companies invest lots of cash in improving customer relations. The resources that will be used have to be considered when setting a skateboard's price.Companies have to hire individuals to receive calls, reply to emails, and be available 24/7 to answer any customers' queries. Failure to do this could cost the company valuable customers and affect its profits.
Customers prefer buying products with warranties. Warranties are added to cover the client in case of a faulty product.
Product warranties can create financial risks for companies, which is why they are often more expensive. It is also a factor in electric skateboard pricing.
So now you know how much is an Electric Skateboard.
Why Are Electric Skateboards So Expensive?
There aren't any cheap skateboards, let's get this out of the way. Electric skateboards are quite expensive, even if you plan on purchasing one with the most basic features.But their price is only fair because there are a lot of factors to consider when pricing an electric skateboard. You can see from above, that electric skateboards have several high-quality electronic parts that don't come cheap.
In addition, the skateboard requires a lot of labor and expertise during production, and every person manufacturing has to be paid.
There are also other factors affecting electric skateboard prices, like support, promotions, production quantity, materials, etc.
Various brands mitigate and adjust all factors differently, which affects the electric skateboard's overall price. However, the process isn't streamlined enough to make them cheaper.
Some companies use cheap materials like wood and plastic to decrease the cost of production. Such materials aren't entirely durable, and they are bad for the environment.
This is why other brands prefer lighter and more durable, but costly materials like titanium, carbon, etc.
Some Extra Costs Of An E-Board
There are some hidden costs that affect an electric skateboard's price. These costs become quite significant when added together.
E-Boarding Safety Gear
Users need to purchase for safety reasons. But often most people forget to plan for such expenses.
Buying good safety gear depends on where the users plan to ride their electric skateboard, how experienced they are, and how fast their electric skateboard goes.
Users could choose to buy knee protection equipment, wrist guards, and a helmet if they are fairly experienced at riding an electric skateboard.
The cost of safety equipment depends on the quality and type of equipment users wish to purchase, but they should be ready to part with about 600 US dollars.
Electric Skateboard Maintenance
There is another thing. Users should plan on their board's maintenance costs before making the purchase.
Do some research to determine how costly the skateboard’s spare parts are, what parts are likely to get damaged first, and the best maintenance routine to follow. Doing this helps project maintenance costs and determine whether users are comfortable with them.
How Much Does it Cost to Charge an Electric Skateboard?
On average, charging an electric skateboard costs between 1 and 20 cents, depending on the electricity price rate and the board's battery.
The average electricity price for consumers in the US is about 11 cents per kWh. Take an average skateboard battery with 200Wh and a global consumer paying 22 cents for electricity.
One battery charge will cost them (200Wh=0.2kWh)x the cost of electricity (22cents per kWh), which equals 4.4 cents. Thus, it takes 0.04 dollars to charge an electric skateboard.
If the battery has a 12-mile range, then it means that users could power the e-board for 300 miles for one dollar.
Battery Replacement
Batteries are rated according to their charge cycles. For instance, standard Li-ion batteries last for 300 to 1000 charge cycles, which is 1 to 3 years before they reach 80% of their capacity.However, Li-ion batteries have a limited lifespan and will keep losing their capacity with time. So users could still replace the battery after a couple of years.
Cheapest And Standard Electric Skateboards
A very desirable feature when buying an e-board is obviously a low price.The budget boards from our list are:
- BASE CAMP Electric Skateboard
- Aeboard V3
- Backfire G2 Black
- Meepo V3
- Verreal Mini
Most expensive boards
The most expensive boards on our list are:
- Bioboards Thorium X4
- Kaly NYC Boards
- Lacroix Boards
- MetroboardX
Will E-Boards Get Cheaper In The Future?
After knowing how much is an electric skateboard, there can be a thought electric skateboards get cheaper. E-boards could get cheaper depending on various factors. Some of them include consumer demand, access to materials, etc. One other additional factor is the cost of batteries.
They could get cheaper if the demand, market competition, and economy of scale increase. That said, some people believe that electric skateboards are temporary, and there is a likelihood that they'll evolve into something else.
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