Best Affordable Ebikes 2024. With a 750w motor, the m20 can hit speeds of up to 28 mph (the legal speed limit in the uk is 15.5 mph, and can only be ridden at speeds above on private. Some of the best budget electric bikes start at around $1,000;
These cheap electric bikes are (almost) all under $1,800. You can certainly find models for less, but quality will be less too.