Steve Jobs said almost the same thing about the Segway. He said it we would design cities around it. How often do you see one in use? The reality is that most people don't like to cycle. They like to drive. They like to be protected from the rain, cold, heat, and other vehicles as they move from place to place. Especially if they have kids, or elderly passengers, or have to move stuff with them, or have to travel any appreciable distance. eBikes are good for out-of-shape people who think they want to start cycling, and not much else.