Best Electric Bikes Under $500

Top 10 Best Electric Bikes Under $500 (July 2020)

Updated - May 24, 2020
Electric Bikes

Electric bikes are great for making journeys when you can’t be bothered to provide all the momentum yourself. Specifically the best electric bikes under $500 are what we’ll focus on in this article. Commuting without sweating, carrying loads of shopping, or just giving your legs a break, they’re a fantastic alternative to a car or public transport and an ideal accessory for those with busy lives. But what’s the minimum you can get away with spending? Considering all the extra electrics involved, $500 doesn’t leave much budget for a bike’s regular mechanical parts.

What Is An Electric Bike?

Electric bikes (often known as e-bikes) are pretty much traditional bikes with a motor and battery added on to take the edge off pedalling, or power you along if you’re feeling really keen. Available in many configurations but fundamentally they are the same dimensions as ordinary bikes and target a similar market.

Why Choose An Electric Bike Under $500?

Buying an electric bike is a great way to cycle longer distances as they have an integrated electric motor. Helping you when you’re pedalling. If you’ve got a large load to carry then the motor will assist you in doing most of the hard work. An electric bike is an affordable alternative to cars and motorcycles. They are battery powered and do not need re-fuelling. They just need to be plugged in to recharge after use. The best electric bikes under $500 are eco friendly and green. By purchasing and using one, instead of your car, you’re helping the environment. If you are looking for a simpler way to get to work, ride the hills and flats for leisure. Or just to get fit, then an Electric Bike is what you need. They still require pedalling, but the motor helps you move quicker than just pedal power.

The Best Electric Bikes Under $500 Can Help With Your Fitness

They improve your fitness. We’ll look at this benefit in more detail later but despite being partially motor-powered, e-bikes are great at helping you get that beach bod ready. By removing the hassle of hills, people on electric bikes tend to cycle for longer. There are lots of designs. As electric bikes become more mainstream, more options are available. Allowing you to find the perfect bike to suit your needs and taste.

Although e-bikes are not as effective a form of exercise as normal cycling. Using an e-bike turned out to be more strenuous than walking in a range of studies so they are effective at increasing heart rate and building cardiorespiratory endurance. Since they can be used with different assistance levels, you can change how much help the bike gives you. Therefore building your stamina gradually over time.

Common Components & Materials On An Electric Bicycle

The best electric bikes under $500 will normally feature a strong aluminium alloy frame or steel frame to reduce the overall cost of the bike. Some brands tend to use a rigid fork as opposed to a front suspension.

Another consideration worth thinking about is electric bike lithium battery. Of course, no battery will last for ever, but that doesn’t mean you can’t get some serious mileage out of whichever comes on your bike.

Most bikes come with v-brakes. These are a tried and tested technology which are usually fine but due to the increased speed/weight of e-bikes, disc brakes are preferable because of their improved stopping power. These are common on more expensive models. Our options will be determined by our budget. As we have $500 we’ll do our best to find bikes with the best combination of components and ride quality.

The type of tire electric bikes are given differs substantially depending on the type of bike. However it’s fair to say that an electric bicycle should feature a good quality tire. As an electric bike can reach a high top speed due to their powerful motor and pedal assist features. The rear hub can house a brushless motor which adds to the weight of the road bike. having front and rear disc brakes is useless if the bikes tires are unable to stop the bike quickly and safely.

The Best Bicycle Electric Motor

The motor and usually lithium battery of electric bikes mean they are often heavier than their purely mechanical counterparts. Riding (or lifting!) a heavy bike is never fun so the lighter the bike you can find, the better.

It’s quite common for electric bikes to have a high top speed and long battery range. Some battery models boast ranges of 30 miles or more. If your electric bike comes with a light aluminum alloy frame and front fork then the load on the motor is lower due to the bike weighing less.

Carbon steel and aluminum are traditional frame materials

The only thing that has kept e-bikes from completely eclipsing the traditional bike in the current market is their price. With it being quite common for electric bikes to cost around $500 we’ve tried our best to fill this list with recommended electric bikes that match your price range.

Best Electric Bikes Under $500 - Top 10
    1. SOHOO 48V500W12AH 20" Folding Electric Mountain Bike - A nice American folding electric bike that has a great range and an impressive array of components. Highly recommended by us and previous customers.
    2. Vtuvia SF20 Folding Electric Bike - The 20-inch fat tires on this e-bike give you a smoother ride and it folds so can be easily transported.
    3. ECOTRIC Seagull 26" Electric Mountain Bike - The ECOTRIC Seagull gives those without great stamina the ability to ride to further interesting places.
    4. Addmotor Motan Folding Electric Bike - A fat bike that conquers almost anything in its path.
    5. SwagCycle Pro Folding Electric Bike - Welcome to the folding bike of the future. This bike not only has an electric motor but it comes with a smart phone app. Not many bikes can say that!
    6. Super73-Z1 Electric Bike - An electric bike that has a motorbike look and feel to it. It may be the entry model but Super73 have created a really fun bike that is enjoyable to ride.
    7. NCM Moscow Plus Electric Mountain Bike - This bike has amazing power and distance. It's packed with top of the line features including an onboard monitoring computer.
    8. Lankeleisi G660 20" Folding Electric Bike - The Lankeleisi G660 is a very nippy bike. The battery lasts a long time even with moderate too high usage. The G660 folds with the flick of a switch, taking only a few seconds to complete.
    9. SDU SDREAM X750S Folding Electric Mountain Bike - As one of the minimalist-shape foldable electric bikes on the market, X750S could easily help riders get more power while pedaling less with the reinforced motor.
    10. ECOTRIC Fat Tire Electric Bike - 90% Pre-assembled, great attention was paid to each component, ergonomic handbar, adjustable seat and anti-slip wear resistant tire.

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Sources Researched

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Reviews Read

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Hours Invested

36

Products Considered

SOHOO 48V500W12AH 20

SOHOO 48V500W12AH 20" Folding Electric Mountain Bike

  • ✔ One-Piece Foldable Aluminum Alloy Frame
  • ✔ Suitable For On And Off-Road Adventures
  • ✔ Large Capacity Battery Gives A Great Average Range
  • ✔ Powerful Front And Rear 160mm Disc Brakes
A nice American folding electric bike that has a great range and an impressive array of components. Highly recommended by us and previous customers.
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SOHOO Electric Folding Fat Tire Bikes brings rough and tough, off-road, and folding capabilities to the hot line-up electric bikes! Great for the RV, camping, trail riding, as well as the beach or boardwalk.

These bikes go anywhere and can be stored almost anywhere. Easily fitting in the back of your car or truck, it only takes seconds to launch for hours of fun. The Sohoo has a one-piece foldable high-quality aluminum alloy frame + enhanced shock front fork. Complete with detachable and sturdy luggage rack. Not forgetting the aluminum high-end belt clip saddle can withstand 325 pounds.

The Sohoo folding electric bike has a large capacity 48V12Ah lithium battery. It has a 48V500 watt (915 peak watt) rear-drive motor and intelligent S900 LCD 5″ backlit display (1~5 power levels with USB port ). The core components to provide excellent quality performance and will help you reach 25mph with ease.

Multi-tooth thick tires increase mountain climbing ability, and greater terrain adaptability: hills

To summarise the Sohoo into a single sentence we’d have to say, it’s a very sturdy electric folding bike, complete with a responsive electric motor and good quality materials. This results in a competent machine that is quick out of the blocks and has a great top speed.

Vtuvia SF20 Folding Electric Bike

Vtuvia SF20 Folding Electric Bike

  • ✔ 500W High Speed Electric Motor - Reach Up To 28Mph
  • ✔ 12Ah Lithium-Ion Battery - Range Of Up To 35 Miles
  • ✔ Aluminum Front Suspension Frame With Dual Disc Brakes
  • ✔ Features Include - LCD Display, Kenda Tires & Dual LED Lights
The 20-inch fat tires on this e-bike give you a smoother ride and it folds so can be easily transported.
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Fast & Furious: 48V 500W brushless rear hub gear motor, 23-28 MPH top speed;48V 12AH Removeable lithium battery, range 35 miles with pedal assist modle. Have breathtaking performance both on speeds and distance.

Roman Holiday – Love Like Riding Feelings: 3 Riding Modes, Thumb Throttle, SHIMANO 7-speed rear derailleur, 4.0″ Fat Tire, Front Suspension, Adjustable Front & Saddle. Riding enjoyably and comfortably on virtually any terrain.

Baymax – Safeguarded: LCD Screen, LED Headlight, Aluminum Alloy Frame, Double Oil Disc Brakes, Wear-resistant Tires, Charging Protection ect. High level safty precautions to eliminate many of your security concerns.

The Vtuvia SF20 arrives 85% assembled and doesn’t take long to complete. The onboard handlebar mounted display keeps the rider up to date with important information including speed and remaining battery level.

We recommend this bike as it’s fun to ride, boasts a solid design and looks smart. Check it out for yourself.

ECOTRIC Seagull 26

ECOTRIC Seagull 26" Electric Mountain Bike

  • ✔ 1000W Rear Electric Motor
  • ✔ Removable Lithium Battery
  • ✔ 24Mph Max Speed
  • ✔ Full Suspension With Adjustable Front Suspension Fork
The ECOTRIC Seagull gives those without great stamina the ability to ride to further interesting places.
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  • Motor: 48v1000w rear hub motor
  • Frame: Al6061 Aluminium Alloy
  • Size: 26 inch
  • Front Fork:  Aluminium with shocks
  • Derailleur: Shimano External 7 Speed
  • Front brake: Disc Brakes – Hydraulic
  • Rear brake: Disc Brakes – Hydraulic
  • Tire: 26X2.125” mountain tire
  • Display: larger LCD Display
  • Battery: 48v 13ah Li-ion Battery
  • Battery Life: 400-600 cycles
  • Charging Time: 6-8 hours
  • Distance per Charge: 23Miles (Throttle only,Rider’s weight 130lbs,Test on city road )
  • Max loading: 230 LBS

This ebike USES alg-hf-011 upper tube, gourd-shaped rear fork and flat fork, the overall structure has a sense of speed, strong and powerful.Suspension front fork, higher handle, 26’’×2.125’’ CST Tires, streamlined water dropper, make it like transformers, The whole bike is designed according to the golden ratio and conforms to the principle of human body mechanics.Suspension front fork and shimano variable speed system make riding more comfortable, front and rear disc brakes have better braking effect in riding, safe and reliable. Reasonable and unique electrical system matching, plus 1:1 PAS, stepless variable speed makes the driving force stronger, the range longer and the battery life longer.

Although there are reports of the Seagull being quite difficult to setup out of the box. That shouldn’t put you off considering this magnificent, powerful electric mountain bike. Built in California the Seagull has some nice components, particularly the powerful hydraulic disc brakes. They offer great stopping power and that’s good because the 1000W electric motor takes some stopping. If this bike had traditional V-Type brakes we would be concerned about it’s braking performance in wet conditions. As it happens ECOTRIC have gone with high power hydraulic disc brakes which we feel is the right call.

Finished in white with green accents we think this bike looks great. What do you think?

Addmotor Motan Folding Electric Bike

Addmotor Motan Folding Electric Bike

  • ✔ Designed for both male and female riders
  • ✔ 500W brushless motor
  • ✔ Strong rear bike rack perfect for shopping
A fat bike that conquers almost anything in its path.

The Addmotor Motan has the right idea: Start by constructing an outstanding fat bike, ensuring it has the perfect parts and layout. When that’s done, determine a way to mount a motor in there.

This sensible technique results in a fat bike that destroys almost anything in its path, with the choice to switch the motor on when the times you need a little muscle, or wish to feel like you’re on a dirt bike for a little while.

The controller and battery pack offer the Motan a beefier look, with the assembly positioned under frame tube. The regular joe may simply presume you have some sort of large water bottle or storage case.

The Motan’s bike frame is made from light weight aluminum, and also has a remarkable front fork that helps to soak up bumps on the ride. The frame has some flexibility to it, and obviously the fat tires aid with the shock absorption as well.

Steering the Motan is very simple, many thanks to a properly designed saddle as well as handlebar mix, positioning the biker in an excellent position to both relax and also steer without placing added strain on their arms or back.

The Motan’s drivetrain consists of 7 different gears, with a ration spread that is perfect for the size and style of the bike. Shimano TX55 parts compose the drivetrain as well as the shifter, for a smooth speed changing feel that operates in perfect synchronisation with the electric motor.

Fat bikes require some additional braking power, which’s exactly what the TEKTRO disc brakes provide on each end. Not too delicate, yet not too much effort needed for an abrupt and sudden stop.

The tires of the Motan stand out. 26 x 4-inch Kenda tires offer it the right amount of traction, letting the bike conveniently ride over snow, sand, and any various other surface that smaller sized tires might not have the ability to deal with.

A 500W motor powers the Motan, whether you are requiring pedal aid, or want to allow the bike to propel itself while you merely guide it in the right direction. The motor is operated with a twist-shift throttle, and offers different speed as well as pedal support settings to completely match your riding atmosphere in any kind of scenario.

The Samsung lithium battery uses 48 volts, and also can power the bike for 30-55 miles, which is one of the longer distances you’ll see on an electrical bike. It’s not unusual to expect rates of around 23 miles per hour on flatter portions of roadway. The battery requires 4 hours for a complete recharge.

The Addmotor Motan is a true beast of a bike, allowing you ride even in harsh weather, loose soil or gravel, as well as pretty much anything else it can get grip on. The motor is a perfect companion for the bike’s grit and stature, providing all that’s required to navigate any place such as the roadway or trail paths.

SwagCycle Pro Folding Electric Bike

SwagCycle Pro Folding Electric Bike

  • ✔ Up To 18Mph Top Speed
  • ✔ Up To 15.5 Mile Radius
  • ✔ Interactive Application To Track Trip, Speed, GPS & More
  • ✔ USB Port To Act As A Battery For Your Phone And Other Gadgets
Welcome to the folding bike of the future. This bike not only has an electric motor but it comes with a smart phone app. Not many bikes can say that!

Swagcycle Pro is the ultimate ride. Featuring a strong, foldable frame that supports up to 264 pounds and 12-inch front and 10-inch rear air-filled tires, this cycle provides a smooth ride to every rider. Not only is the Pro zero emissions, it’s also pedal-free. Sit back and get ready for miles of smiles.

Races to work. Catching the early train. Exploring new cities. The Swagcycle Pro eBike packs enough power to get you there. Just place your feet on the built-in foot pegs and let the cycle do the work. While you ride, the indicator on the handlebars makes keeping an eye on battery life easy.

For the full array of features, download the app and get connected to your Swagcycle. The app lets you track speed, record travel time, and more. And if you’re phone’s low on power, the Swagcycle Pro includes a USB port so you can charge while you adventure. Additionally, the Pro’s battery features a hidden compartment for cable management.

Ride like a pro and explore your city all over again with the Swagcycle Pro.

This bike might not be for everyone, it’s got an Eve look to it (from Walli, for those not cool enough to get the reference) which we like. Pair that with the serious specs this bike is disc brakes, internal cable routing, built in lights, kickstand and front and rear mudguard/fenders. Wow!

If you like to stand out then this bike is perfect for you. Check it out!

Super73-Z1 Electric Bike

Super73-Z1 Electric Bike

  • ✔ Powerful 500-Watt Rear Hub Electric Motor
  • ✔ Up To 20Mph
  • ✔ Battery Range Of 15-20 Miles
  • ✔ Tektro Mechanical Disc Brakes
An electric bike that has a motorbike look and feel to it. It may be the entry model but Super73 have created a really fun bike that is enjoyable to ride.
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The SUPER73-Z1 is a fun new bike that epitomizes the Southern California vibe. Equipped with a thumb throttle and a newly designed seat, the Z1 allow riders to enjoy the experience of a SUPER73 with the ability to cruise effortlessly in style.

Equipped with 500-watts of power and a top speed of 20mph, the Z1 is a formidable challenger in the electric bike industry. The new handlebar and fork design allows riders to turn sharp corners smoothly.

With a sleek new design, the SUPER73 Z1 sports a more compact frame, perfect for smaller riders. The Z1 is quickly becoming the most popular electric bike in the SUPER73 model lineup.

Complete with a powerful electric motor, large versatile tires, and a sturdy frame, the Super73 is the motorbike you have been waiting for. No license or registration needed. With a premium seat and 15-25 miles of range, you can take on adventure with comfort, confidence, and style.

How do Super73 offer their Z1 at such a low price? Well it’s a stripped down entry model to the range. There are no lights, fenders, suspension, pedal assist, gear shifter or horn. If you don’t need it, it’s not going to be there in an attempt to make the bike more affordable. Apart from the kickstand. They had to give us something right!

Now this bike isn’t for everyone, the range isn’t as good as many other e-bikes. The battery isn’t removable so will need to be charged while in the bike. If you can live with these conditions however, we’re sure you’ll absolutely love riding the Z1. It’s terrific fun.

 

Here are some past customer comments.

“Great bicycle.”

“I use it now more than my car.”

“The battery is great and you can easily pedal as well.”

“This bike is AWESOME!”

NCM Moscow Plus Electric Mountain Bike

NCM Moscow Plus Electric Mountain Bike

  • ✔ Powerful 500W Rear Hub Motor
  • ✔ Large Capacity Lithium Battery Gives Up To 60 Miles Range
  • ✔ Powerful Front And Rear Disc Brakes
  • ✔ Onboard Das-Kit Attached To Handlebar For Live Stats Including Remaining Battery Life
This bike has amazing power and distance. It's packed with top of the line features including an onboard monitoring computer.
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The Moscow Plus keeps everything people love about the highly popular Moscow and takes it further. An upgraded Suntour hydraulic suspension fork now has 100mm of travel and a lock-out function; a Shimano Acera crankset and rear derailleur with 8-speeds offer even more versatility; and the Tektro brakes are now hydraulic with 180mm rotors to stop you on a dime. We’ve put even more juice into the battery for a total of 768Wh, upgraded the display for more functions, and convenience with its buttons and screen now separable. The Moscow Plus is already a high performer, but if you feel like you need a little plus, our NCM Moscow Plus has more than enough to satisfy even the hard-core trailblazers.

Whether you are hitting gravel trails or taming the commuter concrete jungle, the Moscow Plus has you covered with an upgraded Suntour XCM fork that features 100mm of smooth travel, preload adjustment, and a lock-out option. Pair this with the Schwalbe Smart Sam tires and you have an allrounder ride with guaranteed off-road-grip and smooth-rolling on roads.

The aircraft-grade 6061 aluminum we use to construct our frames is known for its lightweight and resistance to extreme weather conditions. You can be confident and enjoy a dynamic cycling experience on one of our sturdy frames that could very well be an airplane.

We want you to shift through those gears and pedal your new bike as smoothly as possible, this is why we have paired a full Shimano drivetrain with the smooth Shimano integrated shifting system (SIS). Did we mention the Hydraulic Tektro brakeset? That’s right, you’ll stop on a dime regardless of the weather conditions.

This bike has amazing power and distance. If it had a chain guard and front LED it would be perfect. In it’s current condition it’s not far off. We like the design and the way the bike rides. It’s got some fantastic customer feedback as well. You should consider this bike if you’re currently in the market.

Lankeleisi G660 20

Lankeleisi G660 20" Folding Electric Bike

  • ✔ 500 Watt Powerful Electric Motor
  • ✔ Lithium Battery Fully Charges In 4-8 Hours
  • ✔ Speeds Of Up To 30Km & 25-35Km Range Per Charge
  • ✔ Lightweight Aluminum Frame, Wheels, Suspension Fork & Dual Disc Brakes
The Lankeleisi G660 is a very nippy bike. The battery lasts a long time even with moderate too high usage. The G660 folds with the flick of a switch, taking only a few seconds to complete.
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  • Brand Name LANKELEISI
  • Voltage 48V
  • Power Supply Lithium Battery
  • Foldable Yes
  • Wattage 200 – 250w
  • Range per Power 10 – 30 km
  • Rated Passenger Capacity One Seat
  • Wheel Size 20“
  • Max Speed <30km h=”” span=””>
  • Motor Brushless
  • Frame Material Aluminum Alloy
  • Style Mini Type
  • Model Number Lankeleisi G660

 

The shocks at the front can be adjusted with circular knobs. The horn buzzer has a very good volume. The battery level indicator has 4 horizontal bars. As you use up the battery, the bars disappear from top to bottom. It requires a key to turn on the battery and a different key to lock/unlock the battery store, which is hidden in the frame. Even with the frame folded, the battery cannot be removed without the key, which is inserted at the bottom of the frame. This is particularly good as a safety feature.

Having little bonus’s such as the kickstand, LED light and mudguard/fenders make this bike standout from many of it’s price range rivals.

As the battery is removable, we’ve seen that many current owners opt to getting a second battery, thus increasing the range that they can cover on a single journey. Swapping the battery is as easy as unlocking the compartment, sliding the old battery out and sliding the new battery in its place. A really nice, well received bike for those who need a medium-long range bike with great storage and transportation features.

 

SDU SDREAM X750S Folding Electric Mountain Bike

SDU SDREAM X750S Folding Electric Mountain Bike

  • ✔ Aluminum Frame With Front And Rear Tektro Disc Brakes
  • ✔ 750W Electric Motor Offers A Top Speed Of 20Mph
  • ✔ 7-Speed Gear System With Twist Grip Throttle
  • ✔ Ride Up To 50 Miles On A Single Charge Of The Removable In Frame Battery
As one of the minimalist-shape foldable electric bikes on the market, X750S could easily help riders get more power while pedaling less with the reinforced motor.
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  • 750 watt electric motor
  • 7-Speed Gear Shifter and maximum 20Mph speed
  • Up to 50 miles on a single charge
  • 48V/10.4Ah 500Wh lithium removable battery
  • 3 steps easy folding
  • Front and Rear Suspensions

SDREAM X750S is styled in an integrated streamlined shape, presenting the spirit of a leaping antelope. The aesthetically pleasing is contributed to its manufacturing process, which involves the hydro-forming technique – a technology that is widely used in the automotive industry, making use of the complex shapes made possible by hydroforming to produce stronger, lighter, and more rigid unibody structures for vehicles.

SDREAM X750S is equipped with 750W high speed brushless motor, providing more than enough to power your daily commute, a cruise on the beach or mountain. With max 20 mph speed and up to 50 miles range, it will get you so much fun.

The integrated display can help you adjust the assistance level from 0 to 5, 0 means no assistance and 5 means the maximum assistance level. The Display will show your riding speed and remaining battery power. The 7-speed shifter is on the right side of the handlebar, easily changing the speed mode.

The 4.0” fat tires with 20” aluminum alloy wheels can tackle the most extreme terrain, including urban, beach, mountain and snow. Equipped with front and rear Tektro disc brakes, it possesses a strong and responsive braking force to ensure a complete control on the ground. With front and rear suspensions, X750S could offer an unprecedented comfy riding experience. SDREAM can take you anywhere regardless if it’s wet stone, muddy paths or snowy hills. It is more comfortable with outstanding shock absorption, high anti-puncture performance, and stronger wear resistance. A perfect companion for both commuting and outdoor exercising.

Lights are all about your safety. Equipped with ultra-bright, all-weather front light to provide visibility during low light riding. Battery is hidden perfectly in the frame to ensure the safety of the electric system and keep it waterproof, anti-theft and anti-dust, avoiding any fall out occurs in a furious riding. Adjust handlebar height, rotation and saddle height perfectly fits your ideal ergonomic position. Making small changes can bring you improvements in comfort depending on what you’re trying to achieve.

We love this bike. It started as a crowdfunded project and now it’s a top class electric mountain bike that can fold away for easy transportation. Check it out!

ECOTRIC Fat Tire Electric Bike

ECOTRIC Fat Tire Electric Bike

  • ✔ Powerful Brakes
  • ✔ Lightweight
  • ✔ Fun To Ride
  • ✖ Long Charging Time
90% Pre-assembled, great attention was paid to each component, ergonomic handbar, adjustable seat and anti-slip wear resistant tire.
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Many online electric bike reviews had words of praises for the ECOTRIC Fat Tire Electric Bike, with most people emphasizing how comfortable it is. It comes with an adjustable seat that you can customize based on your liking. The handlebar also has an ergonomic design and position, which will prevent you from leaning in front too much.

When you receive the bike, it already comes 90% pre-assembled, which means that there is no need to deal with a complicated installation before you can finally take it out for a spin.

The design and construction of the tire also makes it expensive. The fat tires have anti-skid technology, which is great in making sure your highest level of safety when on the road.

The disc brake that comes with the electric bike is equally impressive. It has outrage and mechanical braking systems, providing an assurance that the stopping power of the bike is second to none.

It also comes with an innovative 7-gear shifting system from Shimano. This makes it effortless to shift from one gear to another depending on what the riding condition requires.

Lastly, the bike comes with a 26-inch alloy frame. Weighing approximately 58 pounds, the bike is relatively lightweight compared to other fat tire bikes on the market, which will make it easy to manoeuvre.

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