How Much is the Cheapest Electric Bike?

By Chris Wilson

July 10, 2020

Choosing the right electric bike for your needs can feel intimidating, especially considering many e-bikes are expensive.

Typically, getting an e-bike means shelling out a pretty penny, which is a real concern for those on a budget.

The high cost is also a real concern for beginners since they don't want to pick an expensive model without knowing what is at stake.

However, with the growing demand for convenient mobility, many e-bike manufacturers are now producing more affordable options that weren’t available years ago.

But the big question is, how much should you spend on an electric bike?

Read on to find out.

How low can the price of an e-bike go

First, understand that you get what you pay, and in most cases, low prices mean quality issues.

Secondly, when it comes to electric bikes, “cheap” is quite a relative measure.

Typically, a decent e-bike can cost over $2,500.

However, there’re some excellent options available if your budget doesn’t stretch that far.

Most affordable e-bikes tend to be hybrids- these are bikes designed for everyday commuting and casual riding instead of a specific task like rugged, off-road terrain.

Generally, most of the affordable bikes are within the $500 and $1,000 range.

Of course, there’re some lesser expensive models such as Bestkucky Mini Electric Bike, Kepteen 350W Electric Bike, or TrekPower Folding Electric Bike.

But remember, we’re also looking at other elements such as practicality, ease of use, mileage, etc.

Yes, some of the mentioned models go as low as $300, but you’ll soon realize they’re not reliable, and can’t even handle the slightest of the rugged terrains.

On the other hand, models within a $500 to $1,000 range strike a balance between cost and functionality.

Most of them have a motor rating from an upward of 250W, so they’re quite reliable even in the tough terrains, and will give you plenty of miles.

They also won’t disappoint you with their build quality or aren’t plagued by dodgy electronics.

For most models at this range, expect some common characteristics in their componentry such as:

1)Hub Motor

Many of the budget electric bikes use original industry standard and affordable hub motors instead of mid-drive motors.

Unlike the mid-drive, the hb motors don't allow natural maneuverability because they concentrate their weight on the front or the rear.

2)Cheaper Components

Cheaper bikes normally have cheaper design componentry.

But this doesn’t mean you’ll be riding around on a rattling tin can.

It just means the manufacturer puts the money where it matters most while maintaining safety.

3)Range and Battery Integration

Most of the budget-friendly e-bikes don't hide their batteries with much elegance; instead, the battery sticks out at the top of the down tube, easily noticeable.

The range is also quite limited; most of them have a pedal-assisted range of 30 to 35 miles (48-56km), but some might reach 50 miles (80 km).

What is the Cheapest Electric Bike?

Now that we've an idea of the cheapest bikes let's look at some of the options in the market;

Ancheer Power Plus E-Bike

ANCHEER 2019 Upgraded Electric Mountain Bike, 250/500W 26''...
  • Strong Body – The fork is made of carbon steel...
  • Brake & Gear Shift Systeml – With front and rear...
  • Removable Battery & Mileage – With Easy Charge...
  • 3 Working Model – E-bike & Assisted bicycle &...
  • Service – With one-year service for the electric...


Motor: 250W

Range: 48 km (30 miles)

Weight: 45 pounds

Battery: 36V

Max Speed: 25 mph (40 km/hr)

Topping our list of the cheapest e-bikes in the market is the Ancheer Power Electric Bike.

It’s certainly not a premier quality bike, what you get for the price is pretty good.

It's powered by a 250-watt battery, and while certainly not the most robust option, it offers just the right amount of power needed to ride in various terrains.

The motor isn’t powerful either, and depending on your weight, you might probably need to pedal if you're moving uphill.

However, electric assistance makes tackling the hills much easier.

The best feature of the model is the placement and integration of the 36 V battery. Like the premium e-bikes, the battery on this model is seamlessly integrated into the bike, and it's not easily discoverable unless you've a keen eye.

This is because the battery is cleverly built and disguised as a thermos, so it’s a challenge to tell whether it’s a battery mounted bike.

The design on this e-bike is also pretty sturdy, thanks to the 100% alloy frame and a carbon fork. Both of the components extend greater strength, and durability on the Ancheer.

The performance is also quite impressive; the e-bike, for instance, has a reasonable pedal-assisted max speed of 25 mph (40 km/hr).

The 30 miles range is quite lean, but there’s no limit to how far you can go since you can simply pedal it just like a traditional bike once the battery dies.


·         Reliable

·         Durable quality

·         Aesthetic


·         Range is limited

Cyclamatic Power Plus CX1

Cyclamatic Power Plus CX1 Electric Mountain Bike with...
  • Easy to use - Quick release battery. Quick release...
  • Incredible performance - 28 miles range on normal...
  • This bike does not have a twist throttle, it is...
  • Comfort - Padded saddle. 21-speed Shimano gears...
  • Suitable for user 5ft 4 / age 14 upwards


Motor: 250W

Range: 45 km (28 miles)

Max speed: 24 km/hr (15 mph)

Battery: 36 V

Aptly named the Cyclamatic Power Plus CX1, this e-bike is a step to the original Cyclamatic Power model.

A notable upgrade on the new model is the aesthetic design, complemented by a glossy finish and sleek lines on the fare,

But away from aesthetics, the folks at Cyclamatic have built this e-bike with convenience in mind.

From the ergonomic design to a detachable battery, every design element is built to offer users with awesome riding experience.

Both the motor and battery have also undergone some impressive upgrades, and this e-bike now boasts of a 21-speed gear system.

Riding the Cyclamatic Power Plus CX1 also feels awesome, and as soon you get on the pedals, the powerful 250W motor kicks, making your riding much fun.

The 26" wide wheels also make the e-bike an ideal option for most terrains.

The 28-mile range is a bit on the lower side, and the top speed of 15 miles per hour is just what you need for your daily commute.

Unfortunately, this model lacks a throttle mode only, meaning you've to pedal.


·         Chic

·         Detachable battery

·         Wide wheels

·         Fun riding experience


·         No throttle mode only

Chris Wilson

About the author

Chris Wilson, long time fan of personal electric transportation. Chris is not easily impressed when it comes to the latest technologies, however, when he is, nothing can stop him from wanting to share his knowledge with our readers here at

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