The Tern quick haul is as slim and approachable as the company’s other cargo bikes, but with a slightly discounted sticker price.

Tern’s GSD and HSD models have delighted customers looking for powerful, high-performance e-bikes with plenty of cargo space. Now the company is introducing a slightly smaller model for city-dwelling customers who care as much about parking and storage as they do about hauling kids or groceries.

The quick haul lineup comes in two models: the D8, a class 1 e-bike with a top speed of 20mph, which starts at $ 2,9999. A third model, the P5i, will be introduced in Europe first with other markets to follow.

The e-bike is always the cheapest option for Tern’s other non-electric models. E-Bike costs $ 5,499 for single-battery configuration, $ 6,299 for the dual-battery.

Tern says it priced the quick haul to be eligible for potential tax credits. The e-bike act is included in President Joe Biden’s build back better social welfare package, which is currently stalled in Congress.

Tern’s e-bikes are pricey because the company builds them using some of the best parts and components in the industry. The P5i model will come with a Gates carbon belt drive, which is quite popular with e-bike makers.

The quick haul is a comfortable ride for a kid or even a second adult. The seat and stem are adjustable, meaning the bike can be used by people of varying heights.

The quick haul is shorter than Tern’s previous models. With a low center of gravity, it should be easy to maneuver through narrow streets. The rear rack doubles as a stand for when you want to park the bike vertically.