TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.
Why we love this deal
Electric bikes and scooters can get a bad reputation, and although there are certainly safety precautions that some users should follow a bit better, they can also be an efficient addition to your daily routine. For folks who live in walkable cities where owning a car is more of a hassle than it is helpful, they make traveling far easier and faster, whether you’re attempting a long-distance journey or trying to get to the train a bit quicker for your commute. Long story short — they have their merits, and although models like the Owngold Electric Bicycle can be expensive, when you know where to shop, there’s always a great sale to take advantage of.
Right now at Walmart, the $500 Owngold Electric Bicycle is on sale for 48% off. Save $240 and get the commuter-friendly e-bike for only $260 during this incredible deal. Although it’s not a Flash deal with a time clock on it, there’s no telling when this savings event will be over.
Owngold Electric Bicycle, $260 (was $500) at Walmart
Courtesy of Walmart
Shop at Walmart
Why do shoppers love it?
When you engage in the right safety precautions, like wearing a helmet, following the rules of the road, and practicing safe battery charging habits, e-bikes and e-scooters can be a great way to get around and get active.
This certified electric bike has a 500-watt motor that delivers speeds up to 20 miles per hour (mph) thanks to the 432 watt-hour battery, which can be removed from the bike to recharge at any moment. The battery, which takes about five to six hours to charge, is waterproof and shockproof, and can last between 25 and 35 miles at a time before it needs recharging.
Measuring 64.6 inches long and 39 inches high, the bike has a smart display that shows distance, max and average speed, and offers customizable pedal assist system modes, which control how much electric assistance you’re getting as you pedal. A common misconception is that e-bikes don’t require you to pedal, and to some extent that can be true, but most models like this one have a 2-in-1 system where you can power the bike through your own pedaling, power the bike through the electric motor, or use a combination of manual and electric power in that pedal-assist mode.
The bike has three working modes and a 7-speed gear system, which you can smoothly switch between for versatile and reliable riding performance, and also has dual disc brakes in the front and rear to provide reliable braking at any time. For nighttime riders, the bike is equipped with a rear reflector strip and headlights on the front and back of the bike to keep you visible — but if you are biking when it’s dark, make sure you wear bright, neon clothing for extra protection.
Related: Walmart is selling a $700 electric bike that goes 20 MPH for 43% off
The seat of the bike is adjustable. At the minimum height, it measures 31.5 inches high, and at the maximum height it measures 40 inches high.
Details to know
Dimensions: The bike measures 64.6 inches long and 39 inches high. The seat has a minimum height of 31.5 inches and a maximum seat height of 40 inches.
Weight capacity: 330 pounds.
Max speed: 20 mph.
Power source: 432Wh removable battery.
Perfect for gravel, concrete, mountain trails, sand, dirt, roads, and even snowy conditions, this e-bike is a powerful and reliable commuter bike that you can enjoy outside your daily trips to the office. With three different working modes, you can choose how you bike, how fast you go, and how many miles you want to conquer.
Shop more deals
Elecby Eskute M300 Electric Bike, $540 (was $932) at Walmart
Samebike Folding Electric Bike, $470 (was $700) at Walmart
Setohet Electric Bike, $300 (was $600) at Walmart
A great way to stay in shape or get to where you’re going a bit faster, the Owngold Electric Bicycle is an absolute steal now that it’s on sale for only $260.