Peloton is back with a ‘cheaper’ folding treadmill

<figure> <img alt="" data-caption="Peloton said phones aren’t the only things that can fold." data-portal-copyright="" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/09/268743_Peloton_Tread_hands_on_AKrales0133.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" /> <figcaption> Peloton said phones aren’t the only things that can fold. </figcaption> </figure> <p class="wp-block-paragraph">Last year, Peloton did <a href="https://www.theverge.com/tech/789282/peloton-cross-training-series-hands-on-peloton-iq-ai-fitness">a sweeping refresh</a> of its hardware that added cameras, fans, and AI-powered software called Peloton IQ. This year, it's zeroing in on its treadmill lineup - refreshing its two existing Treads and adding the new, more affordable Tread Flex into the fold.</p> <p class="wp-block-paragraph">At a New York City launch event, Peloton chief product officer Nick Caldwell told the press the $2,195 Flex <strong>- </strong>which can be folded upright to save 50 percent more floor space<strong> - </strong>was meant to address user feedback for a more easily stowed machine. When folded, the Flex purportedly has a smaller overall footprint than the Bike Plus. It also has caster wheels so it can be m …</p> <p><a href="https://www.theverge.com/tech/998272/peloton-tread-flex-fitness-treadmills">Read the full story at The Verge.</a></p>