Faraday electric bikes are premium two-wheel electric bicycles that often come at a premium price. However, Faraday has recently introduced the Porteur S e-bike, a more affordable version of the original Porteur.

The bike’s design is a throwback in frame style to the bicycles of the ’50s and ’60s, the bike is still packed with the latest electric bicycle tech like pedal assist power and a 250 watt motor.

The bike comes in two colors: Classic White or Faraday Grey. There are also three different sizes to choose from.

The Porteur S e-bike costs $2,799 and compared to the near $4,000 price tag of the original Porteur, it is a bargain.