Founded in 1987, Montague Corporation (based in Massachusetts, US) is a company focused on designing and producing full-size, high-performance bicycles that fold.
The company has now caught up with industry trends and has launched the M-E1 folding E-bike.
The M-E1 is a full sized electric commuter E-Bike that folds in half. Its powered by a 418 Wh battery and the expected range is around 64 kms with pedal assist.
The bike is priced at an MSRP of $3,599, it carries a five-year warranty on the frame and a two-year warranty on the electric drive components.

Full Press Release here