Top Best Electric Bikes Under 500 to 2000 in 2020

With the increase in the number of cars on the road, you need a more reliable, efficient and environmentally friendly means of transportation. While helping to stay in shape, you can avoid morning traffic on an electric bike. It is convenient that you not only arrive on time, but also do not sweat. Electric bikes seem to be in the space age but have a very simple concept. It can be quite difficult to find the best e-bikes under $ 500 because most e-bikes are quite expensive. These modern bikes are similar to your favorite traditional mountain bike and are made up of battery-powered electric motors that power you.

Why To Trust our Review?

Our review team is very familiar with the functions of e-bikes. Our team members have years of experience in cycling and handling various electric bikes. Of course, we are experts in all matters relating to electric bikes. Before listing the electric bikes to test, we’ve also included the ones with the best customer ratings. Our main goal is to help you buy the best affordable electric bike.

#1 Shaofu Folding Electric Bicycle

shaofu Folding Electric Bike

This Shaofu folding electric bike tops our list because of its many features that are too good to be true for a bike in this price range. Weighing only 26.5 pounds. It’s probably one of the lightest electric bikes on our list. In addition, the innovative design includes a double layer of aluminum alloy wheel and an aluminum alloy frame. The foldable electric bicycle can be stored in a standard trunk and is very convenient for storage.

> The battery takes quite a short while to fully charge – only 3 to 4 hours> Has only one rear disk brake
> IPX5 waterproof range> Has a low torque
> Front and back tail lights included> The maximum ride range for adults is 11 miles

#2  Swagtron SwagCycle EB-5 Pro

SWAGTRON Swagcycle EB5 Series Aluminum Folding Ebike

This electric bike is probably one of the most portable brands you will come across in the market today. The bike comes pre-assembled to save you the hassle and trouble that may arise during assembly. Although it is reassembled, the height can be easily adjusted for adults and teens. The lightweight aluminum frame weighs just 37 pounds. makes it very easy to transport, which is reinforced by its triple foldability.

>Comfortable to ride on a long distance>The weight limit of 264 is low
> Speeds of up to 15+ mph>The bike is not recommended for big jumps
> The battery lasts up to 15 miles for every charge

#3 Swagtron SwagCycle Pro

SwagCycle Pro Folding Electric Bike

Another flagship of Swagtron’s highly portable and efficient e-bikes is the SwagCycle Pro. The electric bike has a sturdy branding that allows it to carry weights of up to 264 pounds. The fully automatic electric bicycle is perfect for city trips and will get you to your destination on time and in style.

  • Very portable thanks to the foldable stem and handlebars
  • Improved torque with speeds of up to 29 km / h, which can be achieved through app optimization
  • With long-lasting charging, you can travel up to 15 miles
  • With transparent app controls, you can easily track your route, speed, GPS location, and more.
  • A USB port is available that you can use to charge your devices on long journeys
> Improved battery life> No mount for a mobile phone
> Powerful motor> The seat is not adjustable
> Compact design

#4 Aceshin 26” Electric Mountain Bike

Aceshin 26'' Electric Bike, Electric Bicycle

Made from high quality materials, this electric mountain bike is one of the most durable electric bikes on our list. With aluminum alloy frame, high strength carbon steel front fork and double layer aluminum alloy wheels. These materials are generally rust resistant, making them ideal on rainy days. This bike weighs approximately 44 pounds. and is strong enough to support a weight of 331 pounds. The lithium battery weighs 4.9 pounds. is quite easy considering the power it gives off.

  • The bike has high quality lithium tires which are non-slip and wear resistant
  • Improved 3-speed smart button
  • 36V high capacity lithium battery
  • Comes with an innovative 21 speed transmission system
  • 100% aluminum alloy frame, handlebars and seat tubes make it durable
  • Comes with an adjustable seat
> Has horn and LED lights for safer rides> 44 lbs. is quite heavy and not practical to carry the bike around
> Made from high-quality materials> The battery is not waterproof
> Has an affordable price> The battery takes a long time to charge

#5 Swagtron Swagcycle EB-7

Swagtron Swagcycle EB-7 Elite Folding Electric Bike

Average speeds of up to 29 km / h and a 350 watt motor could give the impression of a poorly performing e-bike. The efficiency and cost of this affordable electric bike are some of the main factors that make it one of Swagtron’s best selling electric bikes. With this foldable hybrid electric bike, you can travel up to 15 miles per charge. The interchangeable battery increases comfort and makes the electric bike live up to its reputation.

  • The hybrid function allows it to work like a traditional electric and electric bicycle.
  • 16 inch wheels provide easy access to almost any area
  • The 3 riding modes increase the efficiency of the bike
  • A powerful 350 W motor that can only accelerate and reaches a speed of up to 18.6 km / h
  • Replaceable 36V Li-ion battery can be charged fairly quickly in 3-4 hours
  • IPX4 rating of tough and smooth materials allows you to ride outdoors like a champ
> Throttle alone can take one up to 15.5 miles per charge> The fixed gear only allows for a single speed
> Special auto guard brake technology
> The handlebars are robust

#6 Cyclamatic Power Plus CX1 Electric Mountain Bike

Cyclamatic Power Plus CX1 Electric Mountain Bike

With a very powerful motor, long range and many other functions, the Cyclamatic Power Plus CX1 is not your average electric mountain bike.

  • Properties
  • Comes with a strong, nimble and sturdy 19 “steel frame.
  • High quality 26 inch Kenda tires with powerful grip and traction
  • Quick release front wheels for easy repair and replacement.
  • Has front suspension which is useful on rough terrain.
  • Features an upgraded 36V 8.8Ah lithium battery that lasts longer and recharges faster.
  • Fully sealed and protected battery
  • It comes with a 250 watt brushless motor.
  • It takes 4 to 5 hours to fully charge the battery
> Cost-effective> This bike has no throttle mode
> Easy to assemble> Not collapsible for portability
> Improved battery

#7 NAKTO Electric Bicycle

Nakto 26" 250W Cargo-Electric Bicycle

With 2 modes of operation, high quality materials and affordable price, it is one of the most popular electric bikes on the market.


  • High strength carbon steel frame and front fork with first class comfort shock absorption
  • SHIMANO 6-speed transmission system
  • Removable 36V 10AH lithium battery allows driving up to 28-35 miles at an average speed of 18-25 miles per hour
> 1-year warranty> The bike is a bit too heavy
> Horn and bright LED headlamp for safe nights

#8 ANCHEER Power Plus Electric Mountain Bike

ANCHEER 500W/250W Electric Bike Adult Electric Mountain Bike

This sporty product is a blend of accessibility and efficiency. The high quality materials used in the manufacturing ensure a very durable and reliable electric bicycle.


  • 2 support modes
  • 21-speed transmission system
  • Removable 36V 8AH lithium ion battery
  • With 250W brushless high speed gear motors, you can reach speeds of up to 29 km / h
> Powerful and easy to use> A rough fit for tall and short people
> Strong Frame and Wheels> The rear disc brake rubs on the brake pads
> Easy to Assemble

Why choose an electric bike over an ordinary bike?

An electric bicycle looks more or less like a normal bicycle, but with additional features and improved comfort. Here are some of the top reasons why we believe you should choose an electric bike over a regular bike.

An electric bike will get you where you want to go quickly and easily. Most e-bikes have an average speed of 18 mph and you can ride at that speed without putting in too much effort.
You will not sweat while riding an electric bike. This way, once you get to your destination, you don’t have to shower immediately.

E-bikes are much safer than regular bikes because of their high speeds which give you a level playing field with motor vehicles. Plus, most e-bikes are designed so that you can stop quickly even at extremely high speeds.
Different classes of electric bikes

Electric bikes are divided into 3 main classes. These classes differ in the type and speed of the engine.

Class 1: pedal assistance / Pedelec

Class 1 e-bikes are equipped with a motor of about 750W, which can help you pedal at a speed of up to 32 km / h. Cyclists pedal as you normally would on a normal bicycle, only there is a motor to assist with pedaling, thus increasing the power that is transferred to the rear wheel.

Class 2: Gas assistant

Class 2 e-bikes have throttles that don’t require you to pedal to get a boost. The accelerator helps the bike move forward without too much effort, just like it does with scooters and motorcycles. You can comfortably ride Class 2 bikes, but these are less popular than Class 1 and 3 electric bikes. This is largely due to additional government policies regulating these electric bikes around the world.

Class 3: Speed ​​Pedelec

A Class 3 electric bike is more or less the same as a normal electric bike and only allows faster speeds. These electric bikes are sometimes referred to as motor vehicles in some countries and require a license. The 750W motors can rake up to 45 km / h, which makes them quite fast.

Factors to consider when choosing the right electric bike

When shopping for your next electric bike, there are a number of factors that you should consider. In addition to the make and design of the vehicle, there are a number of questions you should ask yourself before starting your research.

What is most important to you? Comfort? Efficiency in the mountains? Long distance cycling? Speed? Always think first about what you need and what you want from your e-bike.
How simple will the electric bike you want to buy when you want to ride be? In addition to looking at what you want to achieve with an electric bike, it is essential to look at your abilities to use it.

How much are you willing to part with? As with anything else, you need to know how much the electric bikes you are trying to buy cost and compare that to your budget allowances. It should be noted, however, that not all motorcycles that have a very high price tag are really the best. The best affordable electric bikes are available on the market right now and still have some great features.
Other factors to consider when buying an electric bike are:


The battery is a very important factor to take into account when purchasing an electric bicycle. You should always pay attention to the battery charging speed, how long it takes to charge, and how long it may take before the battery performance deteriorates.

Battery area

Most of these motorcycles are quite powerful, but it is very important to check the battery life. Before buying a bike, consider one with a battery that will give you a boost when you’re ready to ride. You don’t want to tire yourself out because the juice runs out on your way up a hill. The range of the battery depends on a number of factors, such as:

  • Battery capacity
  • Speed
  • Your weight
  • Profile of the shuttle ride
  • Your chosen level of assistance
  • Percentage of given pedal force

Motor assembly

There are two main types of motor mounts, either a hub motor mount or a crank motor mount. The hub motor assistant is mounted on one of the wheels, while the crank motor assistant is mounted on the pedal area or on the crank. Depending on where it is located, it is very important to meet your needs.

Crank assistants are great for going up or down steep slopes, but they tend to be a bit loud. Hub motor assist motors are not very useful for going up and down hills, but on the other hand, they are much quieter. This makes them very ideal for city cruises.


Also, no matter how much you spent to buy your electric bike, a warranty is very important. It is because you have made a very large investment. Buying from a company that is willing to accept responsibility for their products, especially batteries and motors, is a good thing because you can be sure you are buying a genuine product.


Your search for the perfect electric bike doesn’t have to go any further. With our comprehensive buying guide and all-inclusive list, you’re sure to find your next favorite ride!

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