Yes, there are less expensive ebikes on the market but most come with a few serious caveats. The Espin Sport delivers on the full promise of an electric bike, but in a more affordable fashion. This bike isn’t going to tow you around for a 60-mile round-trip endeavor but those seeking their first ebike will get plenty of return on their investment with this model.
There are generally two types of e-bike: throttle and pedal-assist. Throttle e-bikes, common among food delivery workers, don’t require any pedaling, just a twist of the handlebar to get moving. Wing’s e-bike is pedal-assist. The bike’s battery provides a boost while you pedal — up to 20 mph — but if you stop pedaling, the bike slows just like a regular bike.
EU: EN15194 (EPAC – Electrically Power Assisted Cycles) defines the use pedal-assisted less than 25k/h bikes: "Cycles with pedal assistance which are equipped with an auxiliary electric motor having a maximum continuous rated power of 0.25 kW, of which the output is progressively reduced and finally cut off as the vehicle reaches a speed of 25 km/h or if the cyclist stops pedaling.”
Last year we found a very low-priced (under $600 at Amazon) bike made by Ancheer. Overall, it made some good compromises to get down to the $600 price point but I had some issues with the build quality, the power of the motor, lack of display on the controller and size of the battery. This year a new low-cost Amazon ebike from Rattan seems to have answered many of my concerns.
Parliament has decided to approve the speed pedelec – a type of super electric bike that can reach speeds of up to 45 km/hour – for riding on cycle paths. Danish Parliament has decided that as of July 1 2018 those operating the super bikes only need to have turned 15 and wear a helmet, while the licence and number-plate demands will no longer be in play. 
"Medical Exemptions" are also a standard right in the State of Texas for motorcycles & even bicyclists. Through Texas's motorcycle helmet law (bicycle helmet laws from city ordinances), it is only required for those 21 years old or younger to wear a helmet. However, a medical exemption, written by a certified licensed medical physician or licensed chiropractor, which exempts one from wearing a helmet, can be used for bicyclists if helmets are required.
"Electric power-assisted bicycle" means a vehicle that travels on not more than three wheels in contact with the ground and is equipped with (i) pedals that allow propulsion by human power and (ii) an electric motor with an input of no more than 1,000 watts that reduces the pedal effort required of the rider. For the purposes of Chapter 8 of this title, an electric power-assisted bicycle shall be a vehicle when operated on a highway.
But the whole is also influenced by the sensory systems which are very different from model to model. E.g. A typical 2013 Panasonic system requires pedalling for optimal support (55/minute?) and has both a pedalling frequency and a speed sensor. You don't get much assistance if you pedal very slowly or very fast. Typically, a rear motor has a force sensor, i.e. you get lots of support fast when you start pedalling in a low gear, i.e. it will "feel" your need for assistance.
Unrelated to the show but also of local interest. The BC government is soliciting input on what is meant by "active transportation" which could hopefully help to direct policy and regulation governing not just ebikes but all kinds of human scaled transport. If you think electric skateboards should be on their radar or faster S-Pedalec class ebikes then this is a chance to have your voice heard. Electric bicycles have been an entirely grass roots phenomenon for most of their trajectory and it's encouraging to see the entire scope of personal mobility finally being acknowledged and discussed at this level.
The word bicycle first appeared in English print in The Daily News in 1868, to describe "Bysicles and trysicles" on the "Champs Elysées and Bois de Boulogne". The word was first used in 1847 in a French publication to describe an unidentified two-wheeled vehicle, possibly a carriage. The design of the bicycle was an advance on the velocipede, although the words were used with some degree of overlap for a time.
The definition was clearly written with gasoline-powered pedalcycles in mind. The requirement of an automatic transmission is troublesome for those who just want to add an electric-assist motor to a bicycle, for almost all bicycles have transmissions consisting of chains and manually shifted sprockets. The registration form asks for a VIN, making it difficult to register some foreign-made ebikes. The fine for riding an unregistered electric bike is approximately $160.00 per event as of 2007.
Under the doctrine of One Country, Two Systems, Hong Kong has independent traffic law from mainland China. Electric bike are considered as motorcycles in Hong Kong, and therefore needs type approval from the Transport Department as other automobiles. All electric bike availble in Hong Kong fail to meet the type approval requirement, and Transport Department has never granted any type approval for electric bike, making all electric bike effectively illegal in Hong Kong. Even if they got type approved, the driver would need a motorcycle driving license to ride. As a side note, Hong Kong doesn't have a moped vehicle class (and therefore moped driving license), and mopeds are consided as motorcycles too.
I purchased version 2.0 of this device and the manufacturer has been listening to comments from users and making running changes such as the three speeds and the rear suspension. I am an XL size user (6'2", 230lbs) and recently returned from a 26 day cruise around Europe. I rode this little scooter on cobblestones, miles and miles through the Vatican, inside ancient cities and all over the streets of San Juan upon our return stateside. There was only one time it was less than ideal and that was going uphill, on slick tile that was wet from a drizzle. It still make it, just had to lean way forward to get weight on the front wheel.