Hi Mark,
The voltage drop might be caused by a faulty throttle, but it could also be due to a poor connection or a weak +5V supply coming from the controller.
Is it a Golden Motor
(Wuxing) twist throttle that you are currently using, and has the output voltage recently changed?
Assuming your voltmeter is accurate, if you are able to set the
Throttle minimum valid voltage (V) setting to 1.0V and the
Throttle maximum valid voltage (V) setting to 1.8V the controller should be able to produce full power with your existing throttle:
However, it would obviously be better to try another throttle to determine whether the problem is within the throttle/wiring or the controller.
I have only ever used the supplied GM throttles on all my ebike conversions and I have never experienced a throttle problem over the last 12 years.
Alan