Peloton announces new cheaper treadmill and pricier Bike Plus

Pandemic-ready Peloton has new equipment for

Curated via Twitter from The Verge’s twitter account….

As a result of the launches, the original Peloton Tread has been renamed the Tread Plus ($4,295), while the original Bike keeps its name but has a lower price tag of $1,895.

The new treadmill has fewer upgrades, as you’d expect for a product that’s coming in at a lower price point. It has the same 23. 8-inch touchscreen as the Bike Plus, but it doesn’t rotate.

Peloton has doubled its product lineup, announcing a cheaper treadmill and more expensive exercise bike.

The new treadmill, called the Tread, will be available for $2,495 starting in “early 2021,” while the exercise bike, the Bike Plus, will also sell for $2,495 from September 9th in the US, UK, Canada, and Germany.

The big upgrade for the Bike Plus is a rotating 23. 8-inch HD touchscreen and improved speakers that make it easier to follow along with Peloton’s other non-bike workouts, like yoga and strength training.

The new Tread and Bike Plus follow the same formula as Peloton’s earlier products, offering slick virtual classes via built-in screens.

Peloton has also swapped the slatted belt design of its original treadmill for a cheaper continuous belt loop.

You can also trade in an original Peloton Bike for a $700 rebate and free Yoga & Toning accessories set.

The new treadmill is smaller than the original and drops the latter’s slatted belt design.

Link to original article….

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