Stoke E3 — $999
The only moped-style e-bike with a real chain-driven mid-drive motor under $1,000. Direct-to-rider, Class 2, free shipping all 50 states.
The E3's 500W mid-drive sits at the bottom bracket and powers the chain. That's the same architecture you'd find on a $2,500 commuter. The reason it's $999 is supply-chain — direct-to-rider, no dealer markup, single SKU. Engineering is comparable to bikes 2–3× the price.
Trade-off: it's Class 2 capped at 20 mph. If you want 28 mph, this isn't your bike. If you want a folding or cargo frame, also not your bike.
Disclosure: we make the E3, so we're not neutral here. We've kept this entry brief and listed real alternatives below — if your needs don't match Class 2 + moped-style, scroll to entries 02–05.
Riders who specifically want mid-drive + moped-style at the lowest price point. Hilly commutes. Buyers who've already decided Class 2 is their target.
You want 28 mph (try ENGWE M20 hub-motor at the same price), folding (try Lectric XP at $999), cargo (try RadWagon — but at $1,999), or a non-moped frame (try Aventon Soltera at $1,199 hub).