Sports & Outdoor

9 Best Electric Bike Under $500 2023 – Adventure is Out There

best electric bike under 500
Written by Kane Dane
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Electric bikes are the new and improved version of regular bikes.

They are electrically powered, providing maximum efficiency and distance. They are also very helpful for the environment since they do not use conventional fuel like petrol or diesel.

The problem begins when you find out that there are many electric bikes to choose from, but you don’t know how to make the right decision to buy one.

Electric bikes are a new technology too, so finding the best electric bike under 500$ can be a daunting task. This is because they can be costly, and on top of maintaining costs, it can amount to your pockets being emptied to an extent.

List of the Best Electric Bikes Under 500 Dollars

After 40 hours of careful testing and commitment, we have found the best electric bikes which are easy on the pocket and hard on the value. For your easy viewing experience, we have made a list of the top 7 best electric bikes under 500$. We will include the pros and cons of each bike and add a buyer’s guide to make your end choice of buying each bike as easy as possible. Keep reading on and form your opinion on the best bike of your choice.

#1. Electric Bike for Adults by Speedrid


This electric bike by the famed company Speedrid is their newest model of innovation. It has a double layer aluminium alloy wheel rim and up to 21-speed configurations. This allows you to choose an arrangement of your own choice, whether most performance or most savings.

It also has three main modes. E-bike, which is the full electric bike experience. The assisted bike, which lets you do the controlling with a bit of assistance from the bike itself. The last is a standard bike, which allows you to take complete control of the bike as you would with a regular one. Coming with a 36V 8AH battery, it can reach up to 15-30 miles top speed and 17 miles on a single charge.

This is enough for most journeys. It also comes with an adjustable handlebar, which lets your hands hold it comfortably in an ergonomic fit. It comes with assembly instructions too, and since it is already 85% assembled, you will not have to worry much about assembling.

With excellent customer support, an extended warranty for every part of the bike, and expert help in assembling the bike itself, the Speedrid brand lives up to its reputation.

  • 21-speed configurations
  • Three bike modes
  • 36V 8AH battery
  • 85% assembled
  • 15 to 30 miles on a full charge
  • Easy to assemble
  • Good customer service
  • Simple to use
  • May not be as damage resistant compared to other bikes

#2. Cliensy Aluminum Electric Mountain Bike


Next up on our list is the Cliensy Aluminum Electric Mountain Bike. This bike is very durable and built for nearly every type of terrain. Its strong, durable rubber-leather hybrid wheels ensure it maintains its grip in every territory, which is why it is termed as a mountain bike. This bike also comes with three main modes.

One is the complete automatic e-bike experience, while the other is a standard full control biking experience. The best idea will be to use the middle ground mode, the ‘assisted cycling’ mode. This bike does not need any keys to start, meaning you will not have to worry about losing any keys anytime but also gives way for doubts regarding the security of the bike to rise.

It comes with a considerable battery of 36V/10AH allowing you to go 30km on e-bike mode and 60km on assisted mode. This is very much enough for most people enabling you to ride long journeys with ease. Its high power motor supports a speed of 35 kilometres per hour, making it the perfect fast bike for you.

With dual disc brakes and 21-speed combinations, it allows you to go through any type of road, whether rugged and sharp or smooth and straight, with the simple press of a button. Cliensy also has excellent customer support and will accept returns easily.

  • Large 36V/10AH battery
  • 21-speed combinations
  • Three main modes
  • dual disc brakes
  • can ride up to 35 kmph
  • Easy to use
  • Suitable on any terrain
  • Is easily returnable
  • You will have to assemble it yourself

#3. Electric Mountain Bike for Adults by Ancheer


Next up, we have the Electric Mountain Bike for Adults by Ancheer. This bike is one of the best-designed bikes for adults. It comes with a durable and robust aluminium alloy frame, making it able to be held strongly and firmly. With the perfect high suspension, it can make cycling on this bike feel buttery smooth. It is incredibly easy to control, letting you turn through the sharpest corners without any disturbances. 

It has a substantial and extended battery of 350W, ensuring it will not die on you in the middle of a cycling session. It is the perfect bike for any cycling trip with top speeds up to 20 miles per hour. Like the others, it has a three primary mode system. The E-bike, which is fully powered and automatic, is the regular self-operated bike, and the assisted function lets you control the bike while the assisted targeting system helps you move around more smoothly.

The bike is equipped with a lithium-ion battery, which enables you to ride up to 30 miles on a single charge. It is also effortless to replace if you want a more durable battery or if it’s merely time for the regular battery change. The bike will arrive at your doorstep, mostly assembled, making the rest of the assembly straightforward and simple.  If you find difficulty assembling it, you can consult their online guide about it.

  • 350w lithium-ion battery
  • 30 miles per charge
  • Three mode system
  • Mostly assembled
  • top speed of 20 miles per hour
  • Easy to assemble
  • Great performance
  • Large battery life
  • No warranty included

#4. Electric Mountain Bike 250W by Emdaot


At number 4 we have the Electric Mountain Bike 250W by Emdaot. It is very well crafted and equipped with an aluminium frame, making it secure, yet lightweight. It is durable, smooth, and easy to control because it is lightweight and has the right tires.

It also comes with a 21-speed combination system making it valid for any type of road. Whether you are on a rough mountain path or a smooth road, this bike is the best for you. It comes with a 36V 8AH battery, which makes it very long-lasting and viable throughout the day. You can get up to 30 miles on the top speed per charge on this bike,  making most destinations easy enough to reach quickly.

It also comes with three main modes, the automatic E-bike mode, the normal controllable bike mode, and the assisted cycling mode. It has an adjustable seat design making it very comfortable to sit on. The tires are wear-resistant, meaning they can withstand rough areas just fine. It has ergonomic handlebars that are easy to hold and use, making it a blast to move around on this bike.

With the 250 W stable motor, you can climb up on any terrain just fine, meaning you won’t have to worry about not being able to go up steep hills.

  • 36V 8AH battery
  • 250W stable motor
  • 30 miles top speed
  • three main modes
  • wear-resistant and strong tires
  • Very easy to manoeuvre
  • Comfortable design
  • Terrain adaptable
  • You will have to assemble the bike yourself

#5. Ancheer 500W Electric Bike With Removable Battery


Next up at number 5, we have the Ancheer 500W Electric Bike. This bike is very durable with an aluminium alloy frame allowing for maximum protection to the bike.  It has a large 350W brushless motor. This will make sure any type of cycling route you take, whether it’s a mountain cruise or a road trip, is travelled along smoothly. It has the top speed of 20mph, more than enough to make you reach your favourite destinations quickly.

It also comes with a removable 36V 7.8Ah battery that can go up to 30 miles in a single charge. It is more than enough for a day trip and the returning ride. The battery can be removed for replacement or charging too, making sure you will not have to worry about it being stolen.

The rims of the bike are also plated with aluminium for less drag and smooth sailing during your cycle adventure. It comes equipped with three modes, the E-bike, which is automatic biking, the standard bike without assistance, and the assisted mode, which helps you out when you are controlling. A throttle button is included, which can add a boost of speed to your bike.

In terms of assembly, it comes pretty much already put together, with only 15% of the construction left to do. You can easily finish it by yourself on your own using the tutorial video by ANCHEER SPORT.

  • 350W motor
  • 36V 7.8Ah battery
  • 3 main modes
  • Comes mostly assembled
  • Can go up to 30 miles on a single charge
  • Easy to assemble
  • Works on all terrains
  • User friendly
  • Does not have adjustable seats

#6. Tomasar 26″ Power Electric Bike with Lithium-Ion Battery


Coming up at number six, we have the Tomasar 26″ Power Electric Bike with Lithium-Ion Battery. This e-bike has a foldable design, meaning you can fold it up for secure storage. But don’t let that fool you, because it still has a solid and durable aluminium frame making it strong but easy to shift and carry. It has a 36V 8AH battery which possesses smart charging qualities. It can charge very quickly, in just 4 to 6 hours.

As is with most e-bikes, it has a three main mode system. The automatic E-bike, the self-controlled standard bike, and the assisted biking mode. With E-bike enabled, it can go up to 25 kilometres, while with assisted biking enabled, it can go up to 50 kilometres. It has a mechanical disc brake system. Both its front and rear brakes are mechanical, and it has a 21-speed transmission system.

It also comes with a headlamp and a sound horn for easy biking. Its special transmission will easily help you climb up steep hills and roads with ease. Coming with 26-inch bead wheels, made with pure aluminium alloy and wear-resistant tires, it will ensure any terrain, no matter how tough it is, can be travelled through. Whether it’s a snowy road or a slippery street, this bike ensures your safety.

  • 3 main modes
  • 36V 8AH battery
  • 21-speed transmission
  • 26-inch bead tires
  • front and rear mechanical brakes
  • Very easy to use
  • Large battery life
  • Works on all terrains
  • It doesn’t have adjustable seats

#7. Nakto 250W Cargo Electric Bicycle


Last but not least, we have the 250W cargo electric bicycle by Nakto. This electric bike sports a sturdy frame with a very high-quality carbon steel alloy. It also has carbon steel plated wheels with the best shock absorption making for a highly safe, durable, and comfortable riding experience.

It has a six-speed transmission system with superb quality brakes and gear shifts, allowing for instant transmission change on the fly. It has a large battery of 36 V 10AH removable battery allowing for easy recharges and replacements. The battery is large enough to last 30 to 35 kilometres on a single charge. It has three modes, E-bike which is fully automatic, and assisted biking, which is some assistance by the bike itself, and the last normal mode is the one where you control it yourself.

On the topic of customer service, this electric bike is excellent in that regard. The electric bike itself and the battery within it come with a one year warranty. The electric bike parts are also free during the quality assurance time period.

The assembly is mostly completed, with only 5% remaining, which can be assembled with ease using the videos of NAKTO EBIKE available online.

  • 250W motor
  • Six-speed transmission
  • 36V 10AH battery
  • Comes mostly assembled
  • Can go up to 30 to 35 kilometres on a single charge
  • Long-lasting battery life
  • Very comfortable
  • Extremely easy to assemble
  • Lacks some transmission modes of previous bikes

How to Choose the Best E-Bike Under $500 – Buyer’s Guide

In the buyer’s guide, we will teach you what to look for in an electric bike. Electric bikes come in various sizes, shapes, and features, and knowing which one is the best for you can be paramount. We will discuss the factors of Transmission modes, battery life, assembly, and customer service.

Transmission modes

Transmission modes are the modes of a bike which allow it to best move through different types of roads and terrains. For example, a mountainous region would prefer a different transmission mode than one on a smooth road. That is why bikes with more transmission modes are recommended. However, it depends on what you will be using it on. If you use it on only 4-5 different types of roads, then a 21 transmission system would be overkill. It depends on what kind of biking you do.

Battery life

Battery life is one of the significant factors of an electric bike. You do not want an electric bike dying on you in the middle of a fun e-bike trip. That is why you make sure e-bikes come with high power batteries to ensure it lasts throughout your journey. Another vital factor a battery should have is replaceability, so that in case it goes out of power, you can pop in a new one with no issue.  It is an easy fix for the battery problem. However, good battery life is a must-have anyhow; you shouldn’t need to replace it in the first place. Be mindful of what you choose.


Another critical factor is the assembly of the bike. If you are sure you are skilled enough to assemble or de-assemble an entire electric bike for cleaning or any other purpose, get a bike with proper instructions available on assembly. The assembly process should be easy and straightforward. It should never confuse the customer on what parts to use.

Customer service

Since electric bikes are still mechanically controlled, excellent customer service is necessary in case of a malfunction. Electric bikes are still machines, and they can break or get worn out. Good customer service with a warranty or replacement parts service should be readily available, or they should teach you how to repair your bike and/or send a maintenance specialist instead. A helpful tip for finding out a product has excellent customer service or not, look at the reviews. You should generally stay away from lower-rated products regardless of how good a value they may be.

Final Thoughts

So this brings us to the end of The Best Electric Bikes under 500$ in 2023! We hope you had a good time reading this informative review and hope it was an educational experience. Any feedback or help is appreciated, so please leave it in the comments down below!


About the author

Kane Dane