Newport Beach, California-based Electric Bike Company has just announced a big upgrade option to two of its slick cruiser e-bike models. The Model A and Model X now both come with the option for a torque sensor for their pedal assist operation.
If you’re not familiar with a torque sensor or how it effects e-bikes, prepare to have your mind blown.
Most value-oriented electric bikes (i.e. in the sub $2,000-ish category) use what is known as a cadence sensor to activate pedal assist. The cadence sensor is a less refined component that basically measures how fast the user is spinning the pedals and uses that apply pedal assist power from the electric motor.
The result is effective at starting up the motor when the user pedals, but it has a several limitations. There is an inherent lag while the sensors waits to measure pedal speed, meaning it can take a second or two for the motor to kick in. Cadence sensors also have less resolution, meaning they aren’t as precise at measuring pedal input. And they have a fundamental disadvantage of only measuring pedaling speed, which is often doesn’t correlate directly to pedaling effort (e.g. hills, heavy loads, changing gears, etc).
A torque sensor, on the other hand, measures how hard a rider pushes on the pedals. It allows nearly instantaneous feedback and offers a much more precise way to apply an exact amount of power based on how hard the rider is working. The harder the rider is attempting to pedal, the more motor power can be applied. That helps it intuitively read a user’s input and makes it feel more like the motor is just an extension of the rider’s own muscles, rather than a delayed on/off switch for the motor.
Granted, e-bike controller engineers have come a long way with cadence-based pedal assist sensor programming and we’ve seen big improvements over the years that has improved cadence sensor performance. But there is simply no comparison to a true torque-based sensor for natural feeling pedal assist.
Normally e-bikes with torque sensors cost significantly more than cadence sensor-based e-bikes, but Electric Bike Company has now announced a torque sensor option on its Model A and Model X e-bikes for just $99.
Electric Bike Company Model X e-bike
Both are electric cruiser bikes, with the Model A standing for “Affordable”. Starting at just $1,499, the Model A offers a top speed of 28 mph (45 km/h), though it ships in Class 2 mode with a 20 mph (32 km/h) limit. A 50 mile (80 km) maximum range is possible with pedal assist on a single charge of the bike’s battery, which comes with a 5-year warranty. The frame and motor have a longer 10-year warranty.
Hydraulic disc brakes, a rear rack, LED lighting and a color LCD screen are all included as standard equipment. All of the company’s bikes uses stainless steel hardware for superior rust resistance — something that has proven important for a beach town-based company that builds bikes often used along the salt-spraying coasts.
All of Electric Bike Company’s e-bikes are hand-assembled at the company’s multiple facilities in the heart of Newport Beach, California. We’ve had the chance to visit and watch those e-bikes being built starting from bare frames and on through the steps of wheel building, painting, component assembly, battery pack assembly, testing and shipment. In fact, the company recently expanded its paint shop and offers the most customizable e-bikes in the country — and probably the world — with thousands upon thousands of custom color combinations across all of the components. They even offer their own custom painted helmets now to match their bikes, complete with included front and rear LED lighting built right into the helmet.
You can see how the company builds its own e-bikes in my video below.
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Palantir Technologies signage on an options contract ticker as traders work on the floor of American Stock Exchange at the New York Stock Exchange in New York, U.S., on Friday, June 20, 2025.
Michael Nagle | Bloomberg | Getty Images
If you have any U.S. technology stocks in your portfolio (and let’s face it, who doesn’t?), you might want to look away.
For the second day in a row, tech stocks dragged markets lower, with the Nasdaq Composite slipping 0.67%. Juggernauts such as Apple, Amazon and Alphabet were more meh-nificent than magnificent, falling more than 1%.
Palantir — the standout S&P 500 stock, having more than doubled so far this year — spent its sixth consecutive day in the red and lost its place among a ranking of the 20 most valuable U.S. companies.
While Palantir’s slide was partly triggered by a report from short seller Andrew Left’s Citron Research, which called the company “detached from fundamentals and analysis,” there was no single trigger for the broader pullback.
Investors could have been spooked by OpenAI CEO Sam Altman’s caution about an AI bubble forming, although some analysts dispute that assertion. “In our view the tech bull cycle will be well intact at least for another 2-3 years,” said Wall Street tech bull Dan Ives.
Or it could be something benign, like traders locking in profits. “Tech stocks,” said Carol Schleif, chief market strategist at BMO Private Wealth, “have had an incredibly strong run – with some up over 80% since the early April lows.”
Summer, after all, is far from over. Some investors might have just wanted to cash out for another round of margaritas.
What you need to know today
Fed officials divided over inflation and employment worries. Central bank governors generally agreed there were risks on both sides. But a couple — breaking from the majority — saw the labor market woes as more pressing, according to minutes of the Fed’s July meeting.
Trump likely to pick Kevin Hassett as next Fed Chair. The director of the National Economic Council firmly led the pack, according to a CNBC Fed Survey. However, respondents think the president “should” pick former Fed Governor Kevin Warsh.
[PRO] The Fed is expected to cut just as markets trade at highs. This is what tends to happen when both factors coincide, according to Goldman Sachs research.
And finally…
United States President Donald Trump participates in a Multilateral Meeting with European Leaders in the East Room of the White House in Washington, DC, US. Picture date: Monday August 18, 2025.
Aaron Schwartz – Pa Images | Pa Images | Getty Images
U.S. President Donald Trump has been on a multimillion-dollar bond-buying spree since taking office in January, investing in debt issued by local authorities, gas districts and major American corporations.
Across 33 pages of filings with the U.S. Office of Government Ethics, or OGE, dated Aug. 12, the president outlined 690 transactions that have taken place since he took office. The documents were made public on Tuesday.
— Chloe Taylor
Correction: This report has been updated to correct the spelling of Kevin Hasset’s name.
Tesla has started offering leases of certified pre-owned cars, which is relatively rare in the industry, with $0 down as it desperately tries to move vehicles before the end of the quarter.
With the federal tax credit for electric vehicles set to expire at the end of the quarter, automakers in the US are all trying to optimize EV sales, as demand is being pulled forward.
This also applies to used EVs, as the $4,000 federal incentive for used electric vehicles will also expire on September 30th.
Now, leasing used vehicles is much less common than leasing new cars, but some automakers, or mainly dealers, do offer it.
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Tesla is getting into this business for the first time.
In California and Texas, Tesla is now offering leases on certified pre-owned (aka used) Model 3 and Model Y vehicles.
These are reasonably priced and can be as low as $215 per month with $0 down for a 24-month lease and 10,000 miles per year.
Tesla also offers a 12-month lease and up to 15,000 miles annually. While there’s no down payment needed, there’s an “Acquisition Fee” of $695.
That, and the first month, is all you need to get in a used Tesla for the next year or two.
This is undoubtedly the cheapest way to get into a Tesla vehicle right now.
Tesla is trying to sell as many vehicles as possible in the US this quarter, as demand for EVs has been pulled forward due to the end of the tax credit. This is expected to result in a record quarter in the US, but it also going to create a few difficult ones in the future.
With demand being pulled forward and future buyers feeling like they missed out on EV discounts, the US EV market is expected to experience a significant slowdown over the next 12 to 18 months.
Tesla sales are down about 13% globally so far this year. While this quarter is expected to be better, many analysts still anticipate Tesla’s year-over-year performance to be down.
This year alone, Tesla added more than 50,000 electric vehicles to its inventory.
Used cars have also been piling up.
Tesla owners rushed to sell their vehicles as Tesla’s brand perception dived following its CEO’s involvement in politics.
Danish equipment makers HG build job site dumpers that help move sand, rocks, debris, construction waste, and building supplies across rugged, uneven urban job sites. And with the introduction of their newest E3000 model, they’re helping move more than three tons of that stuff without emissions and — just as crucially — without noise.
HG announced the E3000 electric site dumper just this week, adding the new 3 tonne capacity to its growing lineup of 1 and 2 tonne dumpers (that’s over 6,600 lbs., in “landed on the Moon” units). With a 180° swivel tip on the bucket as standard equipment and an optional high tip version available at launch, it should be able to handle just about anything a hard working construction crew can throw at it.
“With the HG E3000, we once again prove that electric dumpers are not only better for people and the environment. They are also more efficient, cheaper to operate, and can run more than a full working day on a single charge,” explains Nikolaj Birkerod, CEO of HG, told Power Progress. “With 3 tonne dumpers, we are proving, as we already have with 2 tonne dumpers, that we can deliver on both performance and reliability while enabling customers to save 15% per operating hour compared to a diesel dumper.”
Exact specs haven’t been released, but HG claims the E3000’s 29 kWh is good for 12 full hours of continuous, loaded operation, and that it can be fully recharged on a “standard” 220 charger (L2) in about four hours. If you’re curious about what has been released, I’ve got all that for you right here:
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The only all-electric dumper on the market that gives you 12 working hours while carrying 3 tonnes payload.
Our latest addition to accelerate 100% machinery:
3-ton payload for high-capacity material handling
12-hour working – a full day’s work without recharging
Optional high tip for quick and flexible unloading into containers and trucks
180° swivel tip as standard for precise placement of loads
Fast charging: 0–100% in approx. 4 hours with the integrated charger
Lithium 29 kWh battery with automatic heating for all-season use
One-pedal drive for smooth and intuitive operation
The E3000 is built for contractors and rental companies who demand maximum productivity without compromising on environmental responsibility.
With a carrying capacity of 3 tonnes and an industry-leading 12 hours of effective runtime on a single charge, it’s proof that heavy-duty work and zero emissions can go hand in hand.
At the heart of the E3000 is HG’s patented articulated drivetrain with four independent in-wheel motors. This unique design delivers the most energy-efficient power transfer in the industry, using significantly less power than conventional electric system. This translates directly into lower operating costs and more hours on site between charges.
No word yet on pricing or whether or not the new dumper will eventually be sold outside the European market, but we do know that HG plans to deliver the first examples of its new machine to customers by early 2026.
Electrek’s Take
E3000 w/ high-tip bucket; via HG.
While there are a lot of people outside the urban construction space who may scoff at environmental concerns, the quest for improved efficiency and cost reduction among commercial fleet managers knows no political ideology. Add in more restrictive noise regulations and the side benefits of improved job site safety and fewer sick days, and electric equipment is a no-brainer.
Simply put: If it’s better or cheaper, fleets will buy it. If it’s better and cheaper, they’ll buy two — and battery powered equipment is proving to be consistently better, in a broader scope of use cases, than diesel.
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