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E-bikes are becoming one of the most popular ways to get around cities and college campuses, but popular models are starting to get a lot more expensive. Luckily, Walmart has been slashing prices on a number of e-bikes and even e-scooters over the summer, and recently, one easily foldable model was discounted by almost $600.
The Colorway Folding Electric Bike is currently on sale at Walmart starting at $410 — up to 59% off its regular retail price of $1,000. These e-bikes are gaining popularity at Walmart, garnering more than 650 five-star ratings from shoppers who say they’re “versatile and lightweight” and that the fact that they fold is a “big bonus.” They’re currently available in two colors — black with green decals and white with black decals — and both are currently priced at $459. Plus, while most e-bikes come with hefty shipping charges, this one will have free shipping.
Colorway Folding Electric Bike, Black, $410 (was $1,000) at Walmart
This basic e-bike is powered by a 500-watt motor, reaches speeds of around 20 mph, and has a total riding range of between 21 and 43 miles, depending on which mode you use—throttle, pedal assist, or bike. It’s loaded with great safety features like dual disc brakes, front and rear lights, and reflectors, and it’s IP54 rated, meaning its electrical components can withstand dust and light splashes from puddles. It also comes with a display unit that shows your speed, distance, and battery power. While this bike isn’t the biggest or most substantial, it’s a great option for commuters, college students, and anyone who just wants to ride around for fun.
Those who have brought this e-bike home say it’s more than reliable. “Great bike for the money,” says one shopper. “My eighth grader uses it to ride to school three miles away. It has plenty of battery and a good top speed (15 mph). It’s nice to have the built-in rack, and the fenders help if it’s raining.”
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Others say it’s one of the best value picks you can find online. “I love my Colorway bike — what a great find,” said one buyer. “It works great… If you’re looking for a nice electric bike, this is the one for you. It’s not too expensive and has great features.” Another buyer agreed, saying, “Better than expected. It comes with foldable pedals and a shock-absorbing seatpost.”
If you’re looking for an easy way to get around town or campus but don’t want to break the bank, Colorway’s Folding Electric Bike should be at the top of your list as one of the best value buys online, especially when it’s just over $400 at Walmart. But be sure to get yours soon, because we’ve seen e-bikes priced this low sell out quickly.