A foldable bicycle includes a foldable bicycle frame which comprises a main frame and an enclosing frame foldably to define a receiving cavity; a front and a rear wheel assembly rotatably supported by the bicycle frame; a bicycle driving unit operatively mounted on the bicycle frame and connected to the two wheel assemblies for driving at least one of the wheel assemblies rotating; a steering unit longitudinally extended from the front wheel assembly for steering a moving direction of the front wheel assembly; and a folding arrangement. The folding arrangement includes a folding link connecting the front and the rear wheel assembly, the bicycle driving unit, the steering unit, the enclosing frame, and the main frame in a foldable manner; and a folding actuator operatively connected with the folding link in such a manner that the foldable bicycle is adapted to move between a folded position and an unfolded position.