I’m surprised they don’t already have a North America facility for final assembly. The idea of shipping finishes treadmills and exercise bikes just seems impractical and expensive.
I got mine before COVID, but I know that it was a big to-do during COVID because everyone wanted a bike but people didn't want strangers coming in to their houses to install them. (Understandable at the time.)
The bike was designed in Denmark but the box came from Thailand. I would guess that ocean shipping for Peloton from China to Los Angeles or Long Beach and then truck or rail from there to Portland is slightly cheaper than just truck or rail from Ohio but probably not enough to matter.
I'd never tried an electric bike before. I can see why people use them instead of cars. It's pretty awesome.