Best Cheap Electric Bikes Under $2,000 (2024): Commuter, Folding, Cargo

Electric bikes reduce car congestion, get you moving, and reduce your carbon footprint. Also, they’re just really fun. I’ve never met anyone who has tried an electric bike and not wanted one; in the Netherlands, ebikes currently outsell regular bikes. However, that four-figure price tag induces sticker shock. Many states are considering incentive programs, but how does that help you if you want or need an ebike now?

Many factors drive up the price of an ebike, including expensive components, sophisticated computers, big batteries, and fancy frames. Thankfully, a handful of direct-to-consumer companies are making affordable ebikes so everyone can participate in the fun. Below, you’ll find the best cheap ebikes we tested. Got a bike we should know about? Leave a comment! Don’t forget to check out our Best Electric Bikes, Best Family Bikes, and Best Bike Accessories guides for more recommendations.

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