The power meter market has changed dramatically over the past few years. What was once reserved for professional racers and riders with deep pockets has become far more accessible, with brands like Magene offering feature-packed alternatives at a fraction of the price of the established names.
The TEO P515 is Magene’s latest flagship crank-based power meter and, on paper at least, it ticks all the right boxes. Carbon crank arms, a claimed accuracy of ±1%, dual ANT+ and Bluetooth connectivity, impressive battery life and a competitive price make it an enticing option for riders looking to train with power without spending thousands.
First thoughts & setup
Straight out of the box, the TEO P515 makes a strong first impression. The carbon crank arms give it a premium appearance that’s difficult to distinguish from far more expensive options, while the finish and overall build quality feel reassuringly refined. At under $1,000, it certainly doesn’t look or feel like a budget power meter. Swapping out the bike’s Shimano Ultegra cranks, the TEO P515 immediately impressed with its noticeably lower weight. Fitted with Magene’s QED chainrings, our test crankset was approximately 100g lighter than the Ultegra setup it replaced.
Installation is straightforward thanks to the DUB-compatible spindle, while the magnetic charging system is a neat touch that feels polished and secure. Pairing with a cycling computer takes only a few seconds, and calibration is equally painless. Automatic zero-offset proved reliable throughout testing, although manual calibration can also be performed through most head units before a ride.
Throughout testing, the power meter connected instantly to both ANT+ and Bluetooth devices, maintaining a stable connection without any noticeable dropouts.

On the road
On the road, power numbers appear consistently with no noticeable lag, while cadence readings remain smooth even during rapid accelerations and sprint efforts. Whether climbing seated, standing out of the saddle or rolling through changing terrain, data delivery feels dependable.
The carbon crank arms also help keep overall weight low, with no obvious compromise in stiffness. During hard efforts there was no discernible flex, and the crankset feels every bit as solid as many premium alternatives.
Battery life is another standout. Magene claims up to 330 hours from a single charge, meaning most riders will only need to think about charging a handful of times each season.
Accuracy
Magene claims ±1% accuracy, placing the P515 alongside many of the biggest names in the industry.
While laboratory validation is beyond the scope of this review, power data proved highly consistent ride after ride, with repeatable readings across longer rides, intervals and short sprint efforts. For structured training, pacing climbs or tracking long-term fitness, the consistency inspires confidence.
The P515 also records left/right balance and pedalling smoothness, providing additional insights for riders wanting to analyse their pedalling technique.

Value
Perhaps the biggest selling point is value.
With an RRP of $999, the TEO P515 significantly undercuts comparable crank-based systems from Shimano, SRAM, Garmin and Quarq while offering a feature set that looks remarkably similar on paper.
The carbon construction, lengthy battery life and broad compatibility make it feel more premium than its asking price suggests.
Verdict
The Magene TEO P515 delivers exactly what most cyclists actually need from a power meter: reliable data, straightforward setup and excellent battery life.
It may not carry the prestige of some long-established competitors, but in day-to-day use it performs impressively and offers exceptional value for riders looking to add accurate power measurement to their training without blowing the budget.
For cyclists chasing their first power meter – or upgrading from an older unit – the TEO P515 deserves a place high on the shortlist.
We’ve teamed up with Magene to give away one of these power meters – click below for more information.
Specifications
Crank Arms: Carbon fibre
Crank Lengths: 160, 165, 170, 172.5, 175mm
Chainring Options: 48/32T, 50/34T, 52/36T (110BCD, 4-bolt compatible)
Spindle: 29mm DUB-compatible
Power Accuracy: ±1%
Power Range: 0–2,500W
Cadence Range: 20–240rpm
Connectivity: ANT+, Bluetooth LE
Battery: Rechargeable magnetic USB (up to 330 hours)
Water Resistance: IPX7
Claimed Weight: 425g (170mm crank arms and spider, without chainrings)
Price: AU$999 RRP (without chainrings)

