State Bicycle Company has launched a completely new V2 of its Carbon All-Road gravel race/adventure bike.
Although the overhaul has introduced a raft of modern features – including down tube storage and generous 55mm tyre clearance – prices for framesets and full builds remain remarkably low.
In fact, full builds are priced from $1,995 or £1,533. Remarkably, that's no more than the bike it replaces, which surely makes it one of the few bikes released in 2025 that isn't more expensive than its predecessor.
Aggressive geometry

The Carbon All-Road V2 frame is built from T800 and T1000 carbon fibre, with State saying its geometry is aggressive to provide speed and stability.
It reckons the bike is a good option for gravel racing, while also serving for adventure rides thanks to its wide clearance and a full set of bag and accessory mounts.
Elsewhere, State’s Carbon All-Road V2 is very much in line with modern trends in road and gravel bike design, switching to a UDH derailleur hanger that offers compatibility with SRAM Full Mount derailleurs, as well as a T47 bottom bracket shell.

Cables are routed through the headset top cap, opening the possibility to build with fully integrated cabling – although standard builds feature external cabling under the stem with a separate flared alloy bar.
Tyre clearance is larger too, with State saying that you can fit 55mm (2.2 inch) tyres on 700c wheels or 2.4 in tyres on 650b. There’s still space to fit a 48t 1x chainring or a 50/34t double with wide tyres fitted.
State has added a Fidlock-closed downtube storage compartment.
It supplies both the frameset and full builds with a matching neoprene storage bag. There’s a full set of mounts, including fork leg eyelets, while the Carbon All-Road V2 is offered in three colours and five sizes.
Affordable builds

Back in March, we flagged State as a brand that has been bucking the price-rise trends in the bike industry and the new Carbon All-Road V2 continues its line of affordable offerings.
The carbon frame-plus-fork is priced from $1,119.99 in the US, or £861 in the UK.
The base $1,995/$1,533 build buys you an own-brand 1x12-speed State drivetrain and 23mm internal width 700c wheels with Vittoria Terreno Dry 47mm tyres with a choice of black or tan sidewalls, or an alternative 650b option.

We rated State’s older 11-speed derailleur system, built in China, when we reviewed the alloy State 6061 All-Road Black Label in 2024, although we found State’s hybrid mechanical/hydraulic brakes fiddly to get set up working well.
There are wheel upgrade options to DT Swiss, Enve or Zipp available. You can also choose to upgrade the drivetrain to a wider range 11-50t State groupset from the standard 11-46t, or select a SRAM Apex XPLR AXS or an Eagle Transmission AXS mullet setup.




