Stoke E3 — $999
As of April 2026, the only moped-style e-bike under $1,000 with a real chain-driven mid-drive motor.
The E3 sits in an unusual place: it's the cheapest mid-drive moped-style e-bike on the market by a wide margin. Most mid-drive options start at $1,500 (Specialized, Trek) and climb past $3,000. The E3 hits $999 with a 500W chain-driven mid-drive at the bottom bracket — the same architecture you'd find in a $2,500 commuter.
The trade-offs are real. It's Class 2 (20 mph cap), so you don't get the 28 mph that ENGWE or Revi offer. The frame is steel-aluminum hybrid, not full-carbon. The display is functional but not the high-resolution unit you'd see on a $3,000 bike.
What you do get: better hill climbing (mid-drive's main advantage), more efficient battery use (typically 15–25% more range per Wh than equivalent hub motors), and a ride feel that's closer to pedaling a real bike than throttling a scooter. At 68 lbs it's also the lightest on this list.
Riders who want mid-drive efficiency and don't need 28 mph. Hilly commutes. Budget-conscious buyers who specifically want the mid-drive architecture.
Riders who must have 28 mph. Off-road riders (E3 has 3.0" tires, not fat tires). Anyone wanting Class 3 or unrestricted speed.