We're reaching out with some important news regarding the pricing of our electric bikes. As you may be aware, the recent expiration of Section 301 tariffs on ebikes, as announced by the United States Trade Representative (USTR), has significantly impacted the import costs for all electric bike companies, including ourselves. Ambassador Katherine Tai states that the policy is already burdening U.S. commerce.
In response to the recent tariffs, we've worked diligently to absorb these additional costs ourselves, aiming to shield Himiway customers from any impact. Despite our best efforts, the significant increase in tariffs necessitates a proportional price adjustment across our entire line of e-bikes. To continue delivering the high-quality e-bikes you know and love, we've had to make the difficult decision to adjust our prices accordingly. Thank you for your understanding and continued support as we navigate these changes.
These price adjustments are not costless, so we understand this news may be frustrating and share your disappointment. Like many in the industry, we're facing these challenges head-on. But without relenting, Himiway's core values remain inclusivity, accessibility, and providing high-quality e-bikes that offer exceptional performance.
While these tariffs present a challenge, we're committed to navigating them with transparency and maintaining our commitment to these values. On a positive note, you can rest assured our team is constantly working to find ways to minimize the impact of these tariffs on future pricing.
We deeply appreciate your understanding and continued support during this time. Himiway sees this as an opportunity to form new partnerships and strengthen our relationship with you. Your loyalty and passion for Himiway e-bikes drive us to innovate, improve our ebikes, and address your pain points while constantly striving to remain the leader in the e-bike industry.
Thank you for being a part of the Himiway community.
Sincerely,
The Himiway Team
