A supermarket bike, not suitable if you're a bit serious and many repair shops will refuse to repair them because it's not worth it. For a decent bike you'd probably paying at least 3-4x more.
>There are twice as many cars than bikes in France from what I can find online, not sure about the rest of the world.
Google tells me worldwide daily production of bikes is 300.000 and cars 100.000. (IMO It would really be sad if it was otherwise)
> You can buy a basic city bike for <250 euros new
Fair point but what I meant in my initial post is even a top of the line Trek Slash doesn't have a quarter of the technology included in the lowest end Fiat Panda. Even the best e-bikes are still quite simple compared to a car.
> Logically there should be more bikes than cars
There are twice as many cars than bikes in France from what I can find online, not sure about the rest of the world.