Hello. I know next to nothing about bikes, "e" or otherwise. I saw the wave and did what I always do... research. That led me here and I just read all the posts.
While I don't know anything about bikes, I know a lot about Alibaba. My business has used Alibaba (and similar) for the last decade (well before Alibaba went public and everyone heard about it) to source services mostly, but also parts from overseas.
I'm not for or against this Wave and I'm not saying it is or isn't a good buy. But I want to offer some clarifications for those now seeing it "cheaper" on Alibaba and figuring this Indigogo campaign is ripping you off.
First, as suggested earlier, is the chicken and egg conundrum. While it is very possible (if not likely) that the Wave folks found a Chinese bike and are reselling it at a profit (as though that's never happened before)... it is also possible that the Wave folks put together something, their Chinese counterparts saw the success of the campaign, and are now offering it direct. Which is it? Who cares really, because the following points are more important.
You CANT buy a single unit from China cheaper than you're going to get it from the campaign. I don't care how it appears. I know this from experience that if they say $300, that's just to get you to look. When dollars actually exchange hands, it is at a much higher price with a thousand excuses why. I know that's how it works because I've gone through it so many times. In fact, just two days ago I settled on a batch of 5000 LM386 chips from
this supplier and do you think I paid between "$0.001-0.002" per piece? They were $0.08 a piece and I was happy to get it at that price. The stated price means NOTHING on Alibaba. Their one-off subsidiary, on the other hand, which is aliexpress.com is a different matter. If you can find the same product there, you *might* be getting it at the price they say... but that price is always higher (even then, read carefully). If you can find the same bike there (I couldn't) then you start to see what the actual cost is.
I have an account at Alibaba (obviously) as well as a buyers' history, meaning I'm going to get a more solid response to a "how much" question than someone new (reputation matters more to the Chinese than you might think). I've asked what the cost is. If I get a response (you only do about 40% of the time) with an actual number (20%) I'll reply with it here.
But let's pretend it really is on the up-and-up. Wave is charging $200 to $250 for shipping. You think you'll get that from China? Good bloody luck. Alibaba sellers expect YOU to arrange shipping on a container ship. Otherwise, it is UPS/DHL/FedEX and that's $$$. You'll probably pay > $1000 to ship a bike that you probably can't even buy. And compare apples to apples... 750W instead of 500W.
Again, I'm not making ANY judgements on the bike. I'm just saying, no matter how good or bad the Wave is, you can't compare the price to some practically random posting on Alibaba.
While not a fair comparisson, consider this:
http://www.aliexpress.com
48V, 750W, 12aH Samsung battery, 26" wheels... sure, its a different bike entirely, but work with me here. it is a made-in-China e-bike and this is the CHEAPEST one on Aliexpress (remember, that's Alibaba but for one-off sales and you actually get a price) and it is $1542.55... PLUS $773.68 SHIPPING to the USA!!!