A foldable electric walking bicycle for the old people comprises a bicycle body, a steering mechanism, front wheels, rear wheels, a labor driving mechanism and an electric driving
system. An underframe is connected with a main part, a motor and an accumulator are mounted on the underframe, and a front
pipe fitting and a shaft fixing part are connected with the main part. The steering mechanism comprises a V-shaped foldable handlebar, a foldable handlebar vertical
pipe and a
steering linkage component, the V-shaped foldable handlebar is connected with the foldable handlebar vertical
pipe, the foldable handlebar vertical pipe and a steering base are connected with the front
pipe fitting, a steering piece is connected with the foldable handlebar vertical pipe, two front connecting rods are connected with the steering base and the front wheel parts, rear connecting rods are connected with the steering piece and the front wheel parts, the two front connecting rods are locked with each other and the front wheels are mounted on the front wheel parts. The labor driving mechanism includes that a positioning shaft is fixed with the main part, two pedals are nested at two ends of the positioning shaft rotationally, connecting lugs are fixed on the pedals, swing pieces are connected with the connecting lugs and two ends of crankshafts, a rear-stage gear and a
sprocket are mounted on the main part, a first
flywheel is mounted on a real wheel axle, and the electric driving
system comprises a motor, a bicycle-used accumulator, an accumulator box, a controller, a
control switch and a second
flywheel.