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I remember a Kickstarter that was popular that had a bicycle wheel with a motor in it that you could fit most bikes

Yeah. Kickstarter has had a lot of interesting bikes in the last year. One YC company, Vanhawks (http://vanhawks.com/), came up through Kickstarter, and they've been shipping smart bikes in the last couple months.

Still, prices among electrically assisted bikes remain high. For example, the Faraday electric bike: https://www.kickstarter.com/projects/faradaybikes/faraday-co... starts at $2,700. It seems like they should be less expensive, but for whatever reason few electric bikes have appeared in the U.S. for under $2K.

It seems like price is holding back electric bikes more than anything else. The system discussed in the original article appears to be much more expensive than an entire electric bike.




You can buy $200-400 conversion kits (and a battery) and convert a bike you already own into electric.

http://www.ebay.com/bhp/electric-bike-kit




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