4 Best Foldable Electric Bikes Under 500 ( January, 2023 )

Updated on September 14, 2022

Electric bikes are becoming increasingly popular as a mode of transportation because they conserve fuel and money. They provide unique transit options not accessible with traditional bicycles. Ebikes under $500 offer decent performance at reasonable prices, but it might be a challenge to choose “the best” electric bike because of all the possibilities and models. There are several options available in this price range, so be sure to pick the one that best fits your needs and interests.

Best Folding Electric Bike Under 500

If you have a lot of options, it may be difficult to choose just a handful of the best ones. We’ve compiled a list of the finest electric bikes under $500, complete with detailed descriptions of each model’s pros and cons.

At the time of writing, they were available for less than $500. Other features and specifications are subject to modification at any time and without previous notice. So, do your own research and check out the genuine features, offers, and prices.

1. ANCHEER AMA005639 B


This electric bike from Ancheer has a number of unique features. an aluminum alloy frame, an electric hub motor with 350W of power, a 36V 6Ah battery, cruise control, dual disc brakes, and IPX5 water resistance are all included in the ANCHEER Dolphin AN-EB5 Plus.

It takes about three hours to charge the battery, which is one of the fastest times in its class. Unfolded, it measures 41.3 x 37.8 x 19.7 inches and weighs 38.6 pounds (17.5 kg), making it easy for the user to transport the device when necessary.

With a maximum user weight capacity of 265 pounds (120 kg), this machine is capable of transporting a substantial amount of weight. If you’re looking for an electric bike with bike pedals, go no further than the ANCHEER Dolphin AN-EB5 Plus.

No-load speed (the rear wheel’s speed in the air) reaches a maximum of 20 mph (15.5 mph) at full throttle. A user’s weight, terrain, and other variables influence their greatest possible range, although, on average:

  • +/- 132 pounds (60 kg) user: a distance of about 24 kilometers (15 miles).
  • 10.6 miles (17 lb) for someone who weighs about 165 pounds (75 kilograms).

If you need a stronger unit, keep in mind that the 350 watts motor in the Dolphin AN-EB5 Plus is some of the strongest in its price class, and larger batteries and even more sturdy frames are required for electric bikes with stronger motors, increasing both weight and price. This is why it is important to consider the weight and price of the e-bike when purchasing an electric bike. ANCHEER Dolphin AN-EB5 Plus

However, because of its small size and absence of pedals, the Ancheer Dolphin AN-EB5 Plus is best suited for individuals who weigh no more than 160-165 pounds. It’s worth noting that the performance of all electric bikes degrades dramatically as the rider’s weight rises and the terrain changes from flat to hilly.

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2. LNE-16 Bike

LNE-16 Bike

User height and weight range of 5’2″ to 6’2″ (158 to 188 cm) are ideal for the Macwheel LNE-16 electric bike (120 kg). In total, the bike is about 40 pounds (about 18 kilograms).
Full-electric range varies from 18.6 to 37 miles (30-60 kilometers) depending on terrain and human weight, but at its fastest, the Macwheel LNE-16 can reach speeds of 15.5 miles per hour (25 kilometers per hour) with a lithium-ion battery pack rated at 36 volts and 7.5 amp hours (7.5 ah).

If necessary, the battery can be removed and replaced. Only the stem may be folded, as with many other models in its class, making it easier to store and increasing the aluminum frame’s overall strength. The rider’s safety is enhanced by the twin disc brake system.

On rough terrain, the Macwheel LNE-16’s 16-inch (40.6-cm) wheels keep things smooth. The LCD display on the electric bike provides the rider with all the necessary information. The pedal-assist, full-electric, and pedal-only modes are all supported by the Macwheel LNE-16 electric bike.

While its 250-watt motor may not be ideal for heavier riders, Macwheel LNE-16 is an all-in-one electric bicycle that supports all three riding modes. Even heavy riders may enjoy it, especially when using pedal-assist mode. In general, however, even brushless, high-efficiency 250-watt motors and riders weighing 200 pounds or more struggle on hills when riding in full-electric mode.

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3. Sailnovo Y1-14

Sailnovo Y1-14

The Sailnovo Y1-14 14″ Electric Bike has dual brakes and 14-inch (35.6 cm) wheels. It weighs 55 pounds (25 kilograms) for a variety of reasons, including the fact that it’s built of aluminum.

There’s no shortage of power in the 36V 10.5Ah battery that powers the 350-watt e-bike motor, which can reach a top speed of 18.6 mph (about 30 kilometers per hour), and the range is 25-28 miles (about 40-45 kilometers per hour). It can also climb slopes of up to 15 degrees in full-electric mode.

The maximum supported weight is 265 pounds, with a recommended rider height of 4’10” to 5’10” (around 147 – 178 cm) (120 kg). In addition to the air-filled tires, the shock absorber works very well in conjunction with this function.

Using the LCD display, the user can see all pertinent information, including the status of the battery and how much charge is left. There are three riding modes on the Sailnovo Y1-14 14-inch Electric Bike – full-electric mode, pedal-assist, and pedal-only modes. It’s a bit more expensive than the others on this list, but it features a powerful engine and a large battery, and a shock absorber. So, it justifies the price tag to some extent.

4. Swagtron Swagcycle EB-5

The EB-5 Pro+ by Swagtron is a lightweight and aerodynamic folding e-bike with an aluminum alloy frame. With an aluminum frame and a weight of only 37 pounds, the Swagtron Swagcycle EB-5 Pro+ is a fully folding electric bike (16.8 kg). You can recharge it in just four to six hours thanks to its 250-watt motor and lithium-ion battery.

The e-bike has three modes of operation: pedal-assist mode, pedal-only mode, and full-electric mode. Depending on the user’s weight and the terrain, the maximum speed and range in full-electric mode are 15.5 mph (25 km/h) and 15-16 miles (24-26 km), respectively.

When it comes to actual use, the maximum recommended weight for this e-bike is about 200 pounds, which is lower than the stated maximum supported user weight of 265 pounds (120 kg). The Swagtron Swagcycle EB-5 Pro+ is best suited for people between the heights of 4’10” and 5’10” (147 and 178 cm).

The brakes on this unit are caliper-style, but they work nicely. It is worth noting that the Swagtron Swagcycle EB-5 Pro+ differs from the Swagtron Swagcycle EB-5 in a few crucial ways, including an integrated handle, a replaceable battery, and a magnetic closing when folded.

Final Thoughts

Electric bikes are a great idea if you’re used to the idea of biking around and don’t want to leave a major carbon footprint with the use of a car. It can help you get around easily, avoid traffic, and reduce your commute expenses significantly. Even if you need to stuff the bike in a car, simply fold it up and stuff it in!

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