5 Best Budget Electric Bikes in Canada for 2024

You’re on a budget, so you want to get the best possible value when you buy your electric bike. It just makes sense. But how do you know what makes for the best value when looking at low-cost electric bicycles?

Whether you need to navigate the city on your commute or want a way to find weekend adventure on rugged trails, this guide will help. These ebikes give you the most bang for your buck, for both performance and reliability, without breaking the bank. Here’s a closer look at the five best budget electric bikes in Canada for 2024.

1. Best Affordable Folding Fat Tire Ebike - Mars 2.0

Fat tire ebikes handle diverse terrains like mountain trails and bumpy roads. Folding electric bikes go anywhere – in the trunk, on transit, and are great for RV living. Combine the two in the Mars 2.0, and you have a standout choice. This affordable electric bike is a versatile and foldable choice that tackles rougher terrains without breaking the bank.

Mars 2.0 Key Specs

• Price: C$1,599
• Top Speed: 45 km/h (28 mph)
• Range: 72 km (45 miles) on a single charge
• Payload: 150 kg (330 lbs)
• Motor: 1400W Peak, 750W rear hub motor, 80 Nm of torque
• Pedal Assist: 0-5 levels

Reasons to Buy

• Affordable price
• All-terrain
• Compact Design
•  High Performance

2. Best Budget Full Suspension Ebike - Horizon

Looking for a smoooooooth ride, even on bumpy trails? You’ve found your best value full suspension electric bicycle in the Horizon. This budget full-suspension e-bike has both front and rear suspension to glide over uneven paths.

The Horizon is an excellent choice when you want the best value for a full-suspension electric bike that performs well on city streets and mountain trails.

Horizon Key Specs

• Price: C$2,199
• Top Speed: 45 km/h (28 mph)
• Range: 88 km (55 miles) per charge
• Payload: 150 kg (330 lbs)
• Motor: 1400W Peak, 80 Nm of torque
• Pedal Assist: 0-5 levels

Reasons to Buy

• Comfortable Ride
• Stylish Design
• Off-Road Versatility

3. Best Budget Folding Step-Through Ebike - Ranger S

Easy, step-through accessibility is yours with the value-priced folding ebike Ranger S. Easy to mount, dismount, and fold up for storage, this is a great option for all riders, including seniors. The Ranger S stands out for its accessible design and portability for commuters and leisure riders wanting the best value electric bike.

Ranger S key Specs

• Price: C$1,999
• Top Speed: 45 km/h (28 mph)
• Range: 88 km (55 miles) per charge
• Payload: 180 kg (400 lbs)
• Motor: 1,400W Peak 750W motor
• Pedal Assist: 0-5 levels

Reasons to Buy

• Accessible Step-through Frame
• Long Distance Range
• Versatile Fat Tires

4. Best Budget Electric Commuter Bike - Cityrun

The Cityrun budget electric commuter bike makes commuting almost fun. Built for reliability and comfort, the Cityrun goes with you for daily commutes and quick errands. The Cityrun is fantastic for making your daily travel more sustainable and affordable without sacrificing comfort and convenience.

Cityrun Key Specs

• Price: C$1,799
• Top Speed: 34 km/h (21 mph)
• Range: 88 km (55 miles) on a single charge
• Payload: 160 kg (350 lbs)
• Motor:1000W Peak
• Pedal Assist: 0-5 levels

Reasons to Buy

• Urban Commutes
• Comfortable Ride
• Recreational Riding

5. Best Budget Electric Bike for Hunting - Brawn

Going hunting and need a fun, budget-friendly way to get around? The Brawn’s rugged durability and robust strength take you everywhere you want to go off-road. The Brawn is fantastic for the rugged outdoors with reliable, exceptional performance.

Brawn Key Specs

• Price: C$1,999
• Top Speed: 45 km/h (28 mph)
• Range: 105 km (65 miles) on a single charge
• Payload: 180 kg (400 lbs)
• Motor: 1400W Peak, 750W, 80 Nm of torque
• Pedal Assist: 0-5 levels

Reasons to Buy

• All-Terrain Capabilities
• Durable Construction
• Long-distance Range

Are E-Bikes Worth the Cost?

Absolutely yes! Of course, there is an initial investment, and most are more than a traditional bike. But ebikes give you long-term savings with lower transport costs like gas, parking, and transit fees. Avoid traffic and get to work or school in comfort!

Eco-friendly ebikes promote a greener and more active lifestyle, cut carbon emissions and make exercise fun. Battery assistance makes longer rides and steep hills manageable. Heybike ebikes are durable, built to last, and an excellent value. The combination of convenience, cost savings, and environmental impact, make ebikes absolutely worth the cost.

Plus, budget electric bikes are now more affordable than ever. You can have all the fun, speed, range, and durability on a budget.

Summary

These 5 best value electric bikes in Canada for 2024 are excellent options. Whether you’re commuting, going off-road, or needing portability, there’s an affordable electric bike for you.