E-bike black market heating up

Author
Newstalk ZB,
Publish Date
Thu, 5 Aug 2021, 7:09AM
(Photo / Getty Images)
(Photo / Getty Images)

E-bike black market heating up

Author
Newstalk ZB,
Publish Date
Thu, 5 Aug 2021, 7:09AM

The black market of e-bikes is heating up. E-bike insurance claims have doubled in value over the past year, to $225,000.

E bikes are worth up to $10,000, and currently included in your content insurance.

But at this rate, surely that's set to change.

E-bike retailer, who actually once stole back his own stolen e-bike, Maurice Wells, spoke to Kate Hawkesby.

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