Eg Monte Carlo 500 Ex Electric Bike The EG Monte Carlo 500 EX is a 26/24"Modern Styled, Front Suspension Aluminum Alloy Frame Electric Cruiser Bike, and is also equipped with excellent Shimano parts. It is a great bike for commuting to work and/or just plain leisurely rides. Powered by a 48V Lithium-ion battery and a 500W Electric Motor that gives it a range of up to 25 miles when combining pedaling with the use of the electric motor. The bike can be used in three modes: electric only, electric pedal assist, or human powered.