Fitness: Does the 'e' in e-bike stand for exercise?

Electric bikes have a bad rep in the fitness community. Battery powered and motor assisted, they allow users to forgo the effort it takes to pedal, which decreases the fitness and health benefits of cycling.
But not everyone has the strength and endurance necessary to tackle hilly terrain or a tough headwind. And there are commuters who may not want to sit behind their desk all sweaty after a long, arduous bike ride into the office.  
For these individuals, and anyone el