I think it will be based on that at least, with Lee Iacocca involved, as that was very much his baby. With the BionX already licenced out, he'd have to make changes for one of his own, but I think it will be the same direct drive system, albeit perhaps without regen and braking.
Most e-bikes will outrun the Panasonic powered bikes on hills, as although they climb them ok, they do it very slowly, but I can't rate a direct drive motor unconditionally as a good hill climber since they have virtually no starting torque. Once rolling they get better as wheel revs increase of course, but that's not much help when loaded up with shopping and needing to start up a steep one way slope as I do outside my supermarket. Hill climbing is a Torq weak point due to the very high motor and rider gearing, but all the other eZee models are great hill climbers which outclass virtually most others in this activity.
As you say, the BionX prices are a real problem, not just the bike in the UK but the crazy price of the battery everywhere, I saw 900 dollars from a US source.
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