I don't see it happening. While a few older people might like a bike like the nc700s, younger people, not so much. They go for Ninjas that are faster, lighter, flashier. If they want utilitarian, they wear a backpack. Even I would much prefer a new Ninja 300r at 376 lbs. and 100 mph vs. the 460 lb. underpowered nc700s even if it does get a couple mpg better fuel economy. When I think utilitarian, I think scooters with all that built-in storage. When you see urban areas of Asia and Europe, scooters are the utilitarian vehicle of choice for the masses. If gas prices went sky-high, it would be scooters that would catch on mostly, I think. A 125 cc scooter works on all roads except the interstate and gets like 80 mpg and might cost $2,000. That's pretty cheap transportation. A 50cc scooter followed by a bicycle would be the only thing cheaper. For electric bikes to replace these small scooters in any meaningful way in the world, the price of gas would have to be way more than $10 a gallon. Perhaps if gas got to $50 a gallon, but then, electricity wouldn't be cheap either. We need some kind of breakthrough in battery technology for electric vehicles to compete in the forseeable future. Right now, they are mostly a novelty and rich man's toy.