It’s not going to be the strongest hill climber, but it does get going quickly on flat and modestly hilly terrain. It’s a throttle-enabled Class 2 folding electric bike with 20″ wheels, a max speed of 20 mph (32 km/h) and a motor rated for 300W continuous and 720W peak. That new e-bike offers some great riding at under 800 bucks. That’s still a great bike, and we’ll discuss it next, but the recently-released and more affordable $799 Lectric XP LITE is an even more wallet-friendly electric bike. The recently-unveiled Lectric XP LITE is likely the latest king of bang-for-your-buck electric bikes.įor years, the $999 Lectric XP 2.0 and its previous 1.0 predecessor reigned supreme in the budget electric bike category. Second, many newcomers to the e-bike industry just aren’t prepared to drop several thousand dollars on a brand new concept, making this price range critical for many first time e-bike shoppers.įortunately, we’ve found some excellent options for cheap electric bikes that can still save you some serious dough. ![]() Most of the options in this price category make too many sacrifices in quality or longevity to earn a spot on this list as one of “the best”. ![]() The sub-$1,000 electric bike category is critical for a few reasons.įirst, it’s pretty hard to produce a quality e-bike and sell it for under $1k. ![]() Best electric bikes from $3,500 to $5,000.Best electric bikes from $2,000 to $3,500.
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