But I'd say it's from the best possible country of origin to to maybe be an OK e-bike at that price.
I may have been one of the first to order the Elite bike frame back in July 5, 2017 and I will have to agree with you on most of what you say. You do get a unique coaxial motor shaft and petal shaft on a steel frame in one simple purchase -- no machining or heat treating needed on an altered frame to accommodate the coax motor. My particular interest in this form of motor/drivetrain compactness was that in jumping piles of logs I would not have to worry about bashing the chainring.
Now that I have the bike almost built there are some glaringly obvious shortcomings.
1. As the rear shock ( the included Cyclone rear shock is somewhat inferior to a Fox rear shock) travel is 140mm I bought the bike without their forks knowing there are good deals on used Fox forks and I would get equal rear and front travel. I did manage to get a new 2017 Fox Talus 34 -- 150mm travel -- 27.5" tire -- factory ( it will accommodate a 3.00 tire width) for $530. It turns out the frame head tube is a little short to allow the fork base to swing under the down tube. The fork adjusting knobs hit the down tube. There are several solutions:
1. remove the adjusting knobs
2. smash a dent in the down tube
3. weld a ring extension to the head tube
4. add shims to move the bearing race further down from the head tube end.
5. do nothing and see what happens while riding as one does not turn the fork at a right angle to the rear while travieling.
2. This 150mm Fox fork will yield a wheelbase of 48". This long wheelbase will make for a bike less nimble than my FSR Stumpjumper at a 43" wheelbase.
3. The standard additional drivetrain parts are not in the ideal range for using this bike for hill climbing. I may use a single speed 70T chainring on the rear.
4. The movable joints of the rear suspension are not bushed and are 6mm bolts. This frame is not as strong as a Big Hit downhill frame.
5. The OEM position of the controller could almost not be in a worse position. The wires exit near the bottom of the motor shell and could get snagged on brush or logs. Also the controller would get more water splashed on it in this low mount.
That said, log pile jumping happens on flatter ground and not hill climbs. A long wheelbase makes for a more spongy frame and softer landings. Not much nimbleness is needed to do log jumping. Nor does one need a 70T rear cog.
I may have this bike up and running in a month. I have the SRAM ex1 Cassette with a 48T for the rear along with a good collection of Multistar bricks.
It is the coax motor .............