Sequel to the Cheapest Electric Bike! – Wave 2.0

Nearly a year ago, I emailed Wave Electric
Bikes about their Wave Beach cruiser – which claimed to be “The World’s most affordable
eBikeEVER!” at $599 USD, for early backers, available through indiegogo. It seemed too good to be true! …and it was. The Wave 1.0 was a terrible bike with a shady
crowdfunding campaign… (More on that later.) So, they've sent us the follow up – the Wave 2.0! Is it the improvement they need to re-earn
consumer trust? Or is it just a slightly less-terrible bike
with a slightly less terrible marketing strategy? [Animated intro]
[Pre-roll] The Wave 2.0 is a non-crowdfunded bike that
is currently listed on waveelectricbikes' website for $1,000. If you were to buy one, not that I'm recommending
it, the box comes with a big red warning, stating that professional assembly by a bike
mechanic is required, if you don't opt for the $95 charge in the checkout to have someone
do it for you.. though the included instructions seemed pretty
clear to me, so I – apparently – took my life into my own hands by putting it together myself.

I guess I won’t be able to make any warranty
claims. Now that it's assembled, let's see what we've got. The Wave 2.0 features a 750 watt brushless
hub motor, 6 speeds, and a REPORTED 25mph top speed, with 23 miles of range using the
throttle only, and 40 miles with pedal assist these numbers are likely thanks to the 500
watt hour battery with Samsung cells and aluminum frame, both of which are big upgrades over
the Wave 1.0's generic cells and steel frame.

And my real world numbers actually get reasonably
close to those – I've gotta give them credit for that -considering that WaveElectricBikes
obtained these numbers with a 165lb rider on perfectly flat terrain with no stopping
– completely unrealistic conditions that are not stated on their website! BUT – electrical components aside – as a
BIKE, the Wave 2.0 just feels.. kinda cheaply made. The handlebars have a lot of play, no matter
how much you tighten everything, it doesn’t come with fenders or a quick release on the
front wheel.. the pedals are plastic, the brakes squeak horribly when wet, the motor
shudders as it starts up, the “luxury stitching” on the handlebar grips is already coming undone,
the plastic kickstand has already broken, my battery case ARRIVED cracked, AND the rack
is useless to hold any pannier bags, because the battery is completely in the way… unless you raise it slightly with washers,
like I did.

That woulda cost them, what, 25 cents? Furthermore, there’s no deceleration curve
for the motor controller, so it abruptly cuts in and out as you go below and above 20mph. The only way to AVOID This is by switching
the bike to “offroad mode,” which instantly REMOVES the speed limitation and allows the
bike to put out full power regardless of speed… making it VERY EXPLICITLY NOT street legal
in part of the United States and Canada. Make of that what you will. Not everyone will care that their vehicle
isn't street legal. One thing *I* like about it, is the fact that
the front and rear lights are both powered by the main battery, and can be turned on
and off with the press of a button.

Though, I wish they were significantly brighter. And the complaints don't end there. The LED display has no odometer, wattmeter,
speedometer, or remaining range… it just has readouts for battery and pedal assist
levels. And if you want NO pedal assist, you have
to turn the entire thing OFF for some reason. Also, it can be difficult to distinguish the
buttons, or the LEDs,, from one another, especially if you’re wearing gloves. So, overall, the Wave 2.0 is just… a cheaply
made bike. I wouldn’t pay $1,000 dollars for it, and
neither should you. So what happened here? Why is it so lame? Well, ladies and gentleman, I did promise
to look into the history of WaveElectricBikes, and WOW did I dig up some DIRT. The indiegogo campaign for the Wave 1.0 ebike
ultimately raised 1.1 million dollars. And once they had the money, their promises
began slipping away… Delivery dates were pushed back….

pexels photo 7018251

Multiple times… The Samsung batteries were changed to generic
cells.. The 1-year warranty vanished.. The promised top speed and total range were
decreased.. When the bikes FINALLY started shipping, customers
received parts that were damaged, incorrect, non-functional, or just missing.. In all fairness, SOME customers are happy
with their purchase, but.. many are not, and these folks are STILL posting angry comments
on the indiegogo page, demanding refunds and decrying the lack of communication from WaveElectricBikes. I spoke to my contact about all of this, and
he said that, “we definitely had some issues,“ but “we were able to resolve these issues
and produce the Wave 2.0 without any of these issues” Really? What brand of alternative facts are these? Because more than 1 and a half years later,
some of the original backers have STILL not received their Wave 1.0 bicycles. And… it gets a lot worse. While the campaign was still active, someone
posted this image, comparing the Wave 1.0 eBike to a seemingly identical bike from alibaba.com…
available for… $400 dollars?? But upon closer examination it’s..

Yeah..
it's exactly the same bike. Turns out, there’s a company that's LITERALLY
called "OEM Bicycle" that sells these bikes, in lots of 100, and told me they have been
doing so since 2014… before the Wave indiegogo campaign even launched. And they'e doing the EXACT SAME THING is with
the “Lady Wave.” Or should I say, the OEM en15194. That would be pretty disturbing, since reselling
a product is against Indiegogo’s terms of service. But neither Indiegogo, nor WaveElecticBikes,
has responded to these allegations. Digging deeper, I found THIS forum post, which
points out similarities between Wave’s branding and music, taken from RadPowerBikes, and I
ALSO discovered that Wave’s logo is almost identical to Wave BROADBAND’s logo. Is there anything they DIDN’T rip off? Again, my contact at WaveElectricBikes denies
that any of these things are ongoing problems, And even says that it’s the Alibaba vendors
who are copying Wave, and not the other way around. AND, that Wave 1.0 customers, and Wave 2.0
customers, are COMPLETELY unrelated – whatever that means..

Because, I don't agree. It looks like the Wave 2.0 has the same frame
design, wheels, brakes, LED display, battery case, motor, and motor controller, as the
Wave 1.0. I wouldn’t be surprised if OEM Bicycle (or
some other Chinese vendor) is still supplying WaveElecticBikes with parts, or even entire
bicycles. But because the Wave 2.0 is NOT crowdfunded,
there’s nothing inherently wrong with this.. And lots of Chinese products are marked up
and resold for MUCH higher margins than what I believe Wave is taking..

But none of that changes that the Wave 2.0
is a cheap bike, sold by a sketchy company with a track record of disappointing and misleading
its customers. They SAY they've moved on to a different business
model, but some of the Wave 1.0 backers, and ALL of the Lady Wave backers, have STILL not
received their bikes, DESPITE the fact that you can currently BUY them straight from waveelectricbikes.com…
which is making the backers VERY upset. So I would say, don’t buy anything from
WaveElectricBikes, at LEAST until they've made things right with their outstanding indiegogo
supporters. Which leads us to a pretty clear conclusion.. There are some significant and unavoidable
costs associated with building a GOOD eBike, so the cold hard truth is you’re probably
NOT gonna find one for less than a thousand dollars. If that’s too expensive for you, my completely
unbiased advice is just get yourself a REGULAR BIKE from a well established brand like Specialized,
Giant, or Trek.

Or you could get a moped or even a fixer-upper
motorcycle if you're mechanically inclined. And always remember, kids, if a crowdfunding
campaign looks too good to be true… it probably is. [Integration] Thanks for watching guys. Leave a comment below about your favorite
bike or electric bike, don’t forget to hit that LIKE button or DISLIKE button, or…
both??? Ah, that doesn’t work. Get subscribed, cause we’ve got more electric
vehicle reviews… on the horizon…. Heheh.. and click up here for the last crowdfunded
eVehicle I hated, the FlyKlySmartped..

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