Velotric’s low-cost Fold 1 Lite e-bike just got even more budget-friendly with solid features at a new $599 low (Reg. $1,099)

$500 off/$599

As part of its ongoing 4th of July Sale/Prime Day Sale, Velotric is offering the best pricing ever on its Fold 1 Lite e-bike at $599 shipped. This model came onto the scene last August with a $1,099 price tag as a lighter alternative to its standard folding e-bike, which we’ve only seen discounted as low as $999 during the sales since then. Now, with this latest sale event, Velotric is making this low-cost folding model even more budget-friendly with a 45% markdown that cuts $500 off the tag, landing it at a new all-time low price.

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Lectric's new XP4 Folding Utility e-bike

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Starting as a low-cost and lighter alternative to the Velotric’s Fold 1 e-bike, this newer Fold 1 Lite variation e-bike weighs in at 61 pounds in all (with a 440-pound total payload), which isn’t the lightest of models, but comes in under the weights of its standard and plus counterparts – not to mention well under those models’ pricing too. It’s been equipped with a 500W rear hub motor paired alongside a 486Wh battery, providing 20 MPH default top speeds that can be unlocked to 28 MPH if you live in states with laws allowing such. In terms of travel range, it has five PAS levels that support you up to 48 miles, or you can travel up to 40 miles according to the brand when using the throttle for pure electric cruising.

Of course, being a folding e-bike, you’ll save plenty more space when not riding, as it folds to the smallest of the brand’s sizes at 38-inch (length) by 19-inch (width) by 33-inch (height). There are quite a few solid features here too for such a low price, including puncture-resistant tires with fenders over each, hydraulic disc brakes, front and rear lighting – the latter of which boasts brake lighting, a 1.8-inch LCD screen for setting adjustments and performance data with a USB port to charge devices, among others.

Be sure to check out the full Velotric 4th of July Sale lineup that is getting up to $720 in savings via price cuts and free bundled gear – including on new models – many of which are also seeing their best annual pricing. We also recently spotted Aventon offering the first savings on its new Pace 4 Smart Step-Through Cruiser e-bike that has theft-deterrent smart security features, as well as the brand’s full 4th of July Sale with 2025 lows. That’s not all, as there are the first savings on Ford’s Mustang and Bronco e-bikes, the second-ever savings on Rad Power’s new Radster Trail and Road e-bikes, the $703 savings on Lectric e-bike bundles, and much more within our Green Deals hub.

Velotric Fold 1 Lite e-bike:

20% lower step-through design. The 15.75-inch standover height is 20% lower than the competition. Easily hop on and off making it ideal for those with knee or hip concerns, and friendly to elderly riders.