Best Budget Folding Electric Bikes Under $1000 – Affordable Friendly Options

By Doug Morneau


Electric bikes are such an amazing and energy-efficient option for both city and adventurous riding. However, with an electric folding bike, you can do so much more, but more importantly, save a lot of space. 

Still, it can be quite confusing picking out the best ones that check many boxes such as reinforced durability, peak performance, and phenomenal functionality at a pocket-friendly price. We took the liberty of reviewing some of the best options on the market, and hopefully, they’ll wow you too.

Editor's 1st Choice

Lectric XP 2.0 Black

Overall Rating:

  • Riders Weight Limit330 lbs (150 kg)
  • Motor | 500W Brushless Geared Rear Hub Motor
  • Range | Up to 45+ Miles per Charge
  • Battery | 48V, 9.6Ah Lithium-ion Battery
  • Speed | 28 MPH

Learn More!

Editor's 2nd Choice

EBE1 Electric Bike

Overall Rating:

  • Riders Weight Limit265 lbs (120 kg)
  • Motor | 350 Watt Motor
  • Range | Up to 27.9 Miles per Charge
  • Battery | 36V, 7.5Ah Lithium-ion Battery
  • Speed | 15.5 MPH

Learn More!

Editor's 3rd Choice

XP™ Step-Thru 2.0 White

Overall Rating:

  • Riders Weight Limit | 330 lbs (150 kg
  • Motor | 500W Brushless Geared Rear Hub Motor
  • Range | Up to 45+ Miles per Charge
  • Battery | 48V, 9.6Ah Lithium-ion Battery
  • Speed | 28 MPH

Learn More!

Show Editor's Recommendations From Amazon

Product Name
Vivi Electric Bike, 26" Electric Bike for Adults, Folding...
KGK Adult Folding Electric Bike 20'' Electric Mountain Bike...
ANCHEER Electric Bike Folding Electric Commuting...
Vivi Folding Electric Bike, 20" Electric Bicycle 500W/350W...
Preview
Vivi Electric Bike, 26" Electric Bike for Adults, Folding...
KGK Adult Folding Electric Bike 20'' Electric Mountain Bike...
ANCHEER Electric Bike Folding Electric Commuting...
Vivi Folding Electric Bike, 20" Electric Bicycle 500W/350W...
Price
$499.99
Price not available
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Product Name
Vivi Electric Bike, 26" Electric Bike for Adults, Folding...
Preview
Vivi Electric Bike, 26" Electric Bike for Adults, Folding...
Price
$499.99
Product Name
KGK Adult Folding Electric Bike 20'' Electric Mountain Bike...
Preview
KGK Adult Folding Electric Bike 20'' Electric Mountain Bike...
Price
Price not available
Product Name
ANCHEER Electric Bike Folding Electric Commuting...
Preview
ANCHEER Electric Bike Folding Electric Commuting...
Price
Price not available
Product Name
Vivi Folding Electric Bike, 20" Electric Bicycle 500W/350W...
Preview
Vivi Folding Electric Bike, 20" Electric Bicycle 500W/350W...
Price
Price not available
Lectric XP 2.0 Black

The Lectric XP 2.0 is the second generation of Lectric's original flagship offering—Lectric XP. This is an e-bike for the ordinary rider; if you're not an avid cyclist with a stuntman personality, this is an ideal e-bike for you as it can do everything you'll need it to do, on or off-road.

The XP 2.0 keeps the 500W brushless geared rear hub motor from its predecessor: the Lectric XP. This motor has a peak power output of 850W, 50W more than the XP’s peak power. This helps the XP 2.0 reach its advertised maximum speed of 28mph—keep in mind that there are other bikes in its category that go much faster than this, though.

 The 48V/9.6Ah li-ion battery is integrated into the bike's center frame and produces up to 45+ miles of range in ideal circumstances. It attains a full charge from empty in 4 to 6 hours. A few real-world testers have complained, though, that this battery doesn't deliver as much range as the XP.

Lectric XP 2.0 Black: Light and Tire

Its braking power comes from its Tektro 160mm mechanical disc brakes. This new generation of Lectric e-bikes also comes with an adjustable hydraulic suspension fork in the front end to boost comfort when riding on any terrain type. Lectric has also included puncture-resistant CST 20" × 3" fat tires to boost the e-bike's terrain versatility and ride smoothness.

The throttle, five levels of pedal assist, and the 7-speed shifter combine to deliver excellent performance with the least amount of effort from the rider. There's also a large backlit LCD display in the middle of the handlebars where you can track all important metrics from your riding. 

Lectric XP 2.0 Black: Control Panel

The simple three-button control panel is to the left of the handlebars, and the Shimano speed shifter is to the right.

The XP 2.0 was also designed to be optimally portable and functional. It's a folding e-bike that doubles into itself to become about half its length. There's a large hinge in the center of the e-bike, foldable pedals, and quick-release mechanisms to collapse the handlebars and seat tube. These combine to make this e-bike portable and easy to store in narrow spaces.

Lectric XP 2.0 Black: Foldable

The fact that it also weighs only 64lbs makes it lighter than many other electric folding bikes (there are a few other folding bikes that are lighter, though). The XP 2.0 is designed to carry 330lbs of maximum weight and also comes standard with full fenders and a rear rack.

Considering the e-bike costs around the $1000-mark, this is a really good e-bike overall.

Pros

  • Its 500W motor can output up to 850W of peak power.
  • It has decent headlight and taillight fixtures for better visibility in low-light conditions.
  • Adjustable front hydraulic suspension and fat CST 3-inch tires for improved ride comfort regardless of terrain
  • It has 5 pedal-assist levels, a 7-speed shifter for seamless gear changes, and a throttle.
  • Can carry up to 330lbs of weight.
  • Large backlit LCD display.
  • An efficient folding design helps it fold into half its size for easy storage.
  • It’s an affordable folding e-bike option compared to options from other brands.
  • It has .IP65 water and dust resistance rating
  • Wider handlebars than the XP, which is great for mounting more accessories.
  • The foldable mechanism allows it to be shipped fully assembled.

Cons

  • There are lighter e-bike options than the XP 2.0.
  • At 28mph, it's not the fastest e-bike available.
  • If you ride frequently, a charging time of up to 6 hours may not be ideal for you.
  • Various ride tests have proved its 48V/9.6Ah battery not to be as efficient as the base XP’s battery.
  • Absence of a locking mechanism to keep it in place when folded.
Lectric XP 2.0 Black

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