Upway Raises $60 Million to Expand Refurbished E-Bikes in the U.S.
Last Updated on November 26, 2025 by Kristina
Upway just raised $60 million to grow its refurbished e-bike business in the United States. The company takes used electric bikes, repairs them, and sells them at a lower price. This gives riders a safe and affordable way to buy good e-bikes without paying full price.
Upway already works in Europe and has two U.S. locations in Brooklyn and Los Angeles. Now they plan to open a new refurbishment center in Denver. More U.S. cities may follow.
What Upway Refurbishes
Upway repairs and sells e-bikes from many well-known brands. Examples include:
- Specialized
- Trek
- Cannondale
- Aventon
- Ride1Up
- Giant
- Gazelle
This gives riders a wide range of choices, from commuters to cargo bikes.
How the Inspection Works
Each bike goes through a step-by-step inspection.
Here’s the simple breakdown:
- Full diagnostic scan
- Battery health testing
- Motor and controller check
- Brake and drivetrain repairs
- Complete safety inspection
- Test ride before listing
The goal is to make every bike safe and reliable.
Real Savings for Riders
Refurbished e-bikes usually cost 20 to 40 percent less than buying new.
Many lightly used e-bikes still have strong batteries and clean motors. You just pay less because they’re not fresh out of the box.
Warranty and Return Policy
Upway gives riders:
- A one-year warranty on electronics
- A 14-day free return window
This is a big upgrade compared to buying from random sellers online.
Why the Denver Facility Matters
The new Denver center will help riders in the Midwest and Mountain regions.
This means:
- Faster shipping
- Lower shipping costs
- Easier returns
- More inventory available locally
It also helps Upway bring in more used bikes from nearby states.
Environmental Benefits
Refurbishing helps the environment.
It can reduce carbon emissions by up to 80 percent compared to making a new e-bike.
It also keeps batteries out of landfills and cuts down on waste.
What to Check When Buying Refurbished
Here are simple things riders should look for:
- Battery cycle count
- Tire condition
- Any motor noise
- Warranty details
- Return policy
- Parts availability
This helps buyers choose wisely.
Should You Buy From Upway?
Pros
- Lower prices
- Safe and inspected bikes
- One-year warranty
- Great for commuters and families
- Better than risky private-seller deals
Cons
- Inventory changes daily
- Popular models sell out fast
- Some bikes may have cosmetic scratches
My Take
I think Upway’s expansion is good for riders and for the industry. E-bikes are getting expensive, and people need safer, cheaper ways to buy them. Upway’s inspection process and warranty make them a trustworthy option, especially compared to random Marketplace listings with unknown batteries. Their new Denver center should help with shipping times, support, and inventory. This is a smart move that will help more riders get into e-bikes without overspending.
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Kristina is not just an enthusiast but a true authority on electric bikes. Nestled in the coastal beauty of Virginia, Kristina has found the perfect backdrop for her passion for electric biking. As a dedicated wife and homeschooling mom, her life revolves around family, faith, and the thrill of adventure.
Originally hailing from Ohio, Kristina's journey with electric bikes began as a curiosity and quickly evolved into a deep expertise. Her blog is a testament to her love for electric biking, combining her fascination for eco-friendly transportation with her coastal lifestyle.
When she's not cruising the beach on her electric bike, you'll find Kristina indulging in her other loves: long walks along the shore, getting lost in a good book, and cherishing moments with her loved ones. With a heart as big as her love for animals, especially cats, Kristina brings a unique perspective to the electric bike world, grounded in her strong faith in God and her dedication to a sustainable lifestyle.
Through her blog, Kristina shares her extensive knowledge of electric bikes, offering valuable insights, tips, and recommendations to fellow enthusiasts. Whether you're a seasoned rider or a newcomer to the electric bike scene, Kristina's blog is your go-to source for all things electric biking, fueled by her passion, expertise, and the scenic beauty of coastal Virginia.
