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Electric bikes are gaining popularity around the world as an environment friendly mode of personal mobility. They are also very suitable for congested urban cities due to their portable nature and small size. 

In case you want to join the ebike revolution but are short on cash to spare, don’t worry. In this blog, we will tell you how you can buy a cheap yet good electric bike. So, read on!

Which Electric Bikes Qualify for Cheap?

Well, when it comes to electric bike prices, there are extreme examples on both ends. You can get an electric bike for as much as AUD 28,000 (yes, the same amount you can buy a car in)… and you can get an ebike for as low as AUD 500. 

Obviously, spending as much money on an electric bike as you would spend on a car is insane, to say the least. Likewise, buying a subpar product and saving some money would eventually cost you more in the long run.

We don’t mean you should not try to buy a cheap electric bike, you should. We mean that you should make sure that the reduction in cost doesn’t come at the cost of quality, reliability, or dependability. With that said, electric bikes are available in a range of prices so as to cater to the needs of every buyer. 

Before we discuss electric bike pricing in detail and recommend the best cheap electric bikes for adults in Australia, let us first have a look at the factors that determine the price of an electric bike. Having an understanding of these factors will also help you make the right buying decision.

Price Factors to Determine Electric Bikes in Australia

Motor Size

The motor is what powers your electric bike. The bigger your motor, the faster you can go, and the easier it will be for you to climb hills and accelerate from rest. Motor output is measured in watts (W). With respect to motor output, there are two types of units that you should know about – nominal and peak. 

Nominal output refers to what power the motor can constantly supply without overheating or damaging itself. Peak output, on the other hand, refers to the maximum power your motor can supply, be it for a moment.

You might also want to have a look at the torque of your motor. Measured in newton meters (Nm), torque refers to the hill climbing ability of your bike. The more torque you have, the better your bike will perform on inclines or on difficult terrains. 

Now, as you can probably guess, the size of the motor is a huge determinant of your bike price. The bigger motor with more watts and more newton meters will cost more than an electric bike with a smaller motor.

The type of motor can also impact an electric bike price as well. There are two types of motors – mid drive and hub drive. Mid drive motors are way superior than the hub motors, but they are extremely costly (will start at AUD 3000 or more). So, mid motors are out of question when you’re planning to buy a cheap electric bike.

Battery Capacity

Your electric bike battery is the single, costliest component of your electric bike. The battery capacity is measured in ampere hours (Ah) or watt hours (Wh). 

A battery with a larger capacity will be able to store more charge or electrical energy inside it. As a result, you will be able to cover a longer distance on a single charge. In other words, a bigger battery will give you more range. 

Like the motor, the bigger your battery is, the costlier your electric bike will be. 

Brakes

There are two types of brakes available on electric bikes today: mechanical and hydraulic. 

Hydraulic brakes are much more superior as they let you stop within a short distance after application of brakes. Hydraulic brakes are also all-weather in nature, which means you can use them on wet or snowy roads with peace of mind.

A cheap electric bike will always have mechanical disc brakes. Now, even these brakes can work, depending on your use case. In case you’ll be using your electric bike at a slow speed in relatively safer streets instead of highways, then even these brakes are fine.

Keep in mind that drum brakes are now outdated, so you must always steer clear of them.

Suspension 

As far as suspension is concerned, an electric bike can either have a front or dual suspension. The choice depends on the level of off-roading you’ll be doing on your electric bike. A front suspension is sufficient for smooth urban riding, for light off-roading, and for about 90% of the use cases.

You should only consider a full suspension electric bike when you plan to undertake really hardcord odd roading, or if you plan to explore distant rugged trails. Otherwise, it will just add on the tag.

When it comes to buying a cheap electric folding electric bike, it’s highly unlikely that you may find a dual suspension bike. Even if you find one, its suspension would be just for optics, and no practicality. However, having a front fork is possible.

Within the suspension types, mechanical suspension is the cheapest and the least effective. Air/pneumatic suspension is better while hydraulic suspension is the best. But obviously, don’t expect to find a hydraulic suspension on a sub-AUD 1000 electric bike.

Transmission

Having a transmission is always a nice thing as gears give you a great mechanical advantage. You can use that to increase power on uphills and increase speed on downhills. The more gears you have, the better it is (but the costlier your electric bike will be).

When buying a cheap electric bike, keep in mind that it may come without a transmission at all. Such electric bikes are known as single-speed electric bikes as they only have one gear. Such electric bikes are fine for use on flat urban roads but not on uphills and inclines. 

Frame

Budget electric bikes may come in steel or aluminum frames. Aluminum alloy frames are preferable as they don’t easily rust or corrode, and have a lighter weight… despite good strength. 

But as you can guess, they cost more. Steel frames, on the contrary, are heavier and prone to corrosion. Cheap electric bikes can come with both types of frames, keep in mind.

Other Components

The more components or accessories your electric bike has, the higher it will cost. 

Some important components that you may want on your electric bike include a display for ride monitoring (such as checking your battery status, speed, etc.), front and rear lights for night rides, and fenders for mud protection. 

In case you want to carry your daily items with you, you might also want a rear rack… but finding one on a cheap electric bike will be difficult.

Best Cheap Folding Electric Bikes for Adults in Australia

Engwe is one of the world’s leading electric bike brands. Engwe’s electric bikes are known for their reliability, dependability, and for their competitive pricing. They also pack a great number of features, offering a stellar value for money. Here are two of our folding electric bikes that are worth considering if you’re short on budget.

Engwe C20 – AUD 999.00

  • Motor: 250W
  • Speed: 25km/h
  • Battery: 36V 10.4Ah 
  • Wheels: 20 inch

The Engwe C20 features a Bafang 250W motor that offers more than enough power for urban use. The battery is removable for easy charging. Despite being a budget electric bike, the C20 offers a sleek aluminum alloy frame, a dual disc brake system, and a Shimano 7-speed transmission. 

You also get a front headlight for safe driving at night and a front suspension fork for smooth gliding on urban roads. And even though the C20 weighs just 24kg, it can carry up to 150kg of payload. It’s one of the best cheap electric bikes for adults that you can buy in Australia.

Engwe T14 – AUD 919.00

  • Motor: 350W
  • Speed: 25km/h
  • Battery: 48V 10Ah 
  • Wheels: 14 inch

The Engwe T14 is one of the best portable bikes that you can buy on a budget. It packs a quad suspension system for a smooth urban ride, a dual lighting system for safe driving at night, and even a rear seat for carrying a child. 

Despite its budget tag, the T14 comes complete with every last thing down to fenders, disc brakes, and everything you may need for a safe and fun experience. It’s the cheapest electric bike in our lineup… and overall a great buy, when it comes to features.

However, due to its smaller wheel size of 14”, the T14 might not be suitable for taller riders. So keep the rider height in mind if you plan to buy it.

Final Words

Electric bikes come in a range of prices… so it won’t be a problem for you to buy one on a budget. However, not every cheap electric bike is a good electric bike. So, make sure the bike you buy is from a reliable brand.

Also, you don’t always need to buy an expensive bike. For instance, if you plan to use your electric bike on flat urban roads for shorter rides, you don’t need a heavy motor, a larger battery, a dual suspension system, heavy-duty hydraulic brakes, or a lot of gears.

So always make your buying decision depending on your use case. In case you want to purchase an electric bike for hauling cargo on the go, do check out our lineup. Happy riding!

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