Not electric. There sales are also up.
A cheap electric sets one back $2500/new. With the better ones just under $4000.
Just before Wuhan virus shut down common sense in this country, I dropped my 20 year old classic 24 speed Mongoose on/off road bike at the shop to re-wire, re-brake, re-just-about everything for about $450. Someone remarked, why don’t you just buy a new Cannondale for $700. My response was - you can’t buy this classic anymore, and I love it. Anyway, did a great 15 miler today.