The Haoqi Mustang is a budget-friendly full-suspension eMTB with a few hidden gems on the spec sheet for its price point, and good testing numbers.
The Haoqi Mustang is a bike that goes big in a few good ways, and then goes small in an even better one.
The Mustang delivers impressive power and features for the money. The headliner here is the Bafang mid-drive motor, which dishes out 500W of nominal power and a jaw-dropping 130Nm of torque. It’s also one of the rare mid-drives to include a throttle.
Beyond that, the Mustang sports the ever-coveted full suspension setup to soak up rougher terrain. Its frame geometry and suspension lean toward XC and light trail use, but it’s capable of splitting time between commuting and trail exploring (especially with a few urban-friendly accessories added at checkout).
So where does it “go small”? Despite its feature-rich build, the Mustang remains remarkably affordable in today’s e-bike market, with a price tag of around $2,000.
That price usually means compromises, but the Mustang surprises with more name-brand componentry than we’d expected to find: a 720Wh battery with Samsung cells, a 9-speed Shimano CUES derailleur, a Suntour suspension fork, and quality Gemma hydraulic brakes.
Testing performance was another pleasant surprise. The Mustang was one of the faster climbers we’ve tested in this category, and its range exceeded expectations, given the considerable power the motor produces.
The shortcomings are the usual ones for this price: the one-size-fits-all frame skews toward smaller riders, and while the motor’s power delivery is solid, it lacks fine-tuning options for rider customization, offering more appeal to those who prefer their e-bikes to be punchy.
Still, it’s impressive how far $2,000 can go. Whether you’re looking for a budget-friendly entry into the trail world or a more rugged, full-suspension commuter with trail-ready looks and feel, the Haoqi Mustang makes a compelling case.
For all the details, keep reading our full Haoqi Mustang review below.
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