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KYMCO unveiled updated versions of its two high-performance electric motorcycle prototypes at the EICMA Milan Motorcycle Show, giving riders a taste of what’s to come from the major two-wheeler manufacturer.

KYMCO is better known for its scooters and smaller format motorcycles, but the brand announced a stark departure with its 2018 unveiling of the KYMCO SuperNEX electric superbike.

A year later KYMCO rolled out the RevoNEX, a slightly toned down model designed more for high-performance recreational riding than laying down track times like the SuperNEX.

Both bikes were supposed to offer high speeds, high torque, and, most interestingly, a multi-speed gearbox.

Both bikes also seemed to disappear from the company’s product horizon, with only occasional updates over the years but lacking clear timelines for production.

Now KYMCO is breathing new life into the pair of bikes, unveiling their updated designs at EICMA 2022, where I had the chance to sit down with KYMCO’s chairman Allen Ko to learn more.

Check out the live unveiling in my EICMA 2022 video above.

As Ko explained:

KYMCO SuperNEX and RevoNEX expand on the original design philosophy that gives riders five distinctive experiences: the joy of shifting, the thrills of performance, the assurance of control, the sensation of sound, and the versatility of driving modes.

We don’t yet know exactly what the bikes will offer in terms of concrete tech specs — which has become a running theme with electric motorbike unveilings at EICMA 2022. But we have a pretty good idea of what platform the SuperNEX and RevoNEX might share.

KYMCO was one of the key investors in Harley-Davidson’s public offering of its electric motorcycle brand LiveWire. The Taiwanese motorbike manufacturer already has major manufacturing agreements with other motorcycle companies such as BMW and Kawasaki, proving itself as a manufacturing partner for major international brands.

It thus seems likely that KYMCO will perform a similar role with LiveWire, helping to manufacture some of the company’s upcoming electric motorcycle platforms or components.

That could lead to LiveWire’s Arrow platform or other design foundations making their way into KYMCO’s products, most notably into the SuperNEX or RevoNEX.

While this hasn’t been officially announced by either brand, KYMCO representatives have indicated that the move is likely in the works.

We also don’t yet know much about the gear shifting that will be employed on the bikes, though Ko hinted in an interview with Electrek that it will likely be a form of simulated electronic shifting as opposed to a traditional gear box.

MV Agusta Ampelio electric scooter

In another example of KYMCO’s partnership prowess, the company also unveiled an electric scooter developed with MV Agusta known as the Ampelio.

That scooter relies on KYMCO’s Ionex platform, which uses the company’s electric drivetrain and swappable battery packs to create compact electric scooters.

The MV Agusta Ampelio features a sleek champagne exterior and a floating rear pillion seat, offering a unique design style that contrasts with the modern lines normally seen on IONEX scooters.

New IONEX scooters

KYMCO unveiled several new electric scooters under its IONEX line with increasingly higher power levels.

The two-tone KYMCO IONEX i-One Air features a yellow and blue colorway, a small 2 kW motor and uses a single IONEX battery pack.

The i-One Fly scooter uses a pair of batteries to power its higher-spec 3.6 kW motor.

The Super 6 Pro also uses a pair of batteries but has an even higher power 6.4 kW motor.

KYMCO is not only rolling out new IONEX-based electric scooters, but also pitching its platform as a solution for OEMs to develop their own electric scooters.

With IONEX’s batteries as a starting point, other manufacturers can leapfrog their own production to quickly iterate electric scooters around an existing drivetrain.

It’s a solution we’ve seen employed by other companies in the market, allowing early movers in the market to capitalize on their proven technologies.

What do you think of KYMCO’s unveilings from the EICMA 2022? Let’s hear your opinion in the comments section below!

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Saudi oil giant Aramco posts drop in full-year profit, slashes dividend

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Saudi oil giant Aramco posts drop in full-year profit, slashes dividend

Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. 

Hamad I Mohammed | Reuters

Saudi state oil producer Aramco reported on Tuesday a decline in net profit to $106.2 billion in 2024, down from $121.3 billion in 2023.

The company said it expects total dividends for 2025 of $85.4 billion — a significant fall from 2024’s total of $124.2 billion.

This comes as it cut its total payout for the fourth quarter. The oil giant said its base dividend for the final three months of the year would be increased to $21.1 billion, but its performance-linked payout would be just $200 million. This compares to a third-quarter base dividend of $20.3 billion and a performance-linked dividend of $10.8 billion.

Lower oil prices hit the company’s net profit last year as crude production around the world increased and demand slowed. The price of global benchmark Brent crude futures averaged $80 per barrel in 2024, $2 less than the 2023 average, according to the U.S. Energy Information Administration.

Aramco’s revenue fell to $436.6 billion in 2024, compared to $440.8 billion the year before.

Full-year total borrowings at the company were up, rising to $319.3 billion in 2024 from $290.14 billion during the previous year. The company’s net debt, however, decreased from $102.7 billion in 2023 to $78 billion in 2024.

This breaking news story is being updated.

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A dozen Tesla cars burned at store, arson is suspected amid global protests

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A dozen Tesla cars burned at store, arson is suspected amid global protests

A dozen Tesla vehicles burned at a store in Toulouse, France. Arson is suspected amid global protests and vandalism attacks against Tesla and Elon Musk.

Last night, a dozen Tesla vehicles burned down at Tesla’s retail and service location in Plaisance-du-Touch near Toulouse, France.

Firefighters arrived on the scene at around 4 a.m. and contained the fire to the vehicles. Eight of them were completely destroyed, and four were greatly damaged. The damages are estimated at over 700,000 euros.

According to the local news (translated from French), the police suspected arson as a hole was found in a fence, and threats had been made over the last few weeks. The Tesla location remained closed all day.

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Tesla is currently being protested by anti-fascist groups around the world, especially in the US, where many are targeting Tesla to protest against Elon Musk’s involvement in the US government.

In France, there were a few protests planned, but some extremist groups are calling for widespread arson against Tesla stores:

I won’t share the link to the article since it gives step-by-step instructions on how to burn down Tesla stores without getting caught, but the manifesto explains that they are going after Tesla as a “symbol of capitalism,” although they also list a dozen other reasons including the fact that they think it’s “doable and cheap.”

Electrek’s Take

This is getting nuts. It’s not only dangerous, but it’s also not super effective in achieving the goal they claim to want to achieve.

Have they never heard of insurance? Tesla is having issues selling cars right now. You are burning unsold inventory that they can then claim to their insurance.

Sure, it disrupts their operations for a short period of time, but it’s not worth it.

Their manifesto does say to avoid violence and not to target vehicles owned by individuals – though it doesn’t sound like a strict rule for them, but I think these people are likely going to end up in jail for having achieved nothing.

The protests and boycotts are going strong. You don’t need to burn cars to make yourself heard.

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Ford F-150 Lightning sales have been falling for months: What’s going on with the EV pickup?

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Ford F-150 Lightning sales have been falling for months: What's going on with the EV pickup?

Is Ford’s electric pickup in trouble? Sales have been down for months, and February showed no relief. What’s going on with the Ford F-150 Lightning?

Ford F-150 Lightning sales drop again in February 2025

Ford’s US sales dropped by 9% last month. Although electrified vehicles, including EVs and hybrids, both notched double-digit growth, sales of Ford’s gas-powered (ICE) models, which accounted for over 85% of deliveries, fell nearly 13%.

Hybrids saw higher demand with sales up 27.5% to 15,357, while EV sales increased 15% to 7,326. The Mustang Mach-E was a bright spot with 3,312 models sold in February, up 13% from the prior year.

With 6,841 Mach-Es sold through the first three months of 2025, Ford’s electric crossover SUV remains a top-selling EV in the US.

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Ford’s electric pickup didn’t fare as well. F-150 Lightning Sales were down nearly 15% last month with only 2,199 units sold. Through March, Ford has sold 15% fewer Lightning models than it did at this time last year.

Ford-Lightning-sales
2024 Ford F-150 Lightning Platinum Black (Source: Ford)

Sales of the electric pickup have been slipping for months now. In the final three months of 2024, F-150 Lightning sales were down 10%.

The Lightning, alongside Rivian’s R1T, are no longer the only electric pickups on the market. Ford is facing new competition with the Tesla Cybertruck, Chevy Silverado EV, and GMC Sierra EV, arriving.

Ford-Lightning-sales
2024 Ford F-150 Lightning Flash (Source: Ford)

According to Cox Automotive, the Tesla Cybertruck slipped past the Lightning to become the fifth best-selling EV in the US last year with nearly 39,000 units sold. Ford’s Lightning was sixth with just over 33,500 models sold.

Ford extended its “Power Promise” promo earlier this year to boost demand, giving EV buyers a Level 2 home charger and other benefits, but Lightning sales are still down.

Ford-lightning-sales
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)

The American automaker cut Lightning production at its Rouge Electric Vehicle Center last year, citing slower-than-expected demand. A new report from Automotive News claims Ford is now ending a pilot program to stock and distribute EVs through regional hubs after it failed to catch on. It was designed to speed up deliveries.

Although Ford plans to launch a smaller midsize electric pickup, it won’t arrive until at least two more years. With new competition, like the Ram 1500 REV and Volkswagen Scout pickup, hitting the market over the next few years, Ford may find it even harder to attract buyers.

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