Connect with us

Published

on

This one is a bit out there, even for me. But stick with me here, because there’s just something about a giant ride-on electric dinosaur powered by a mystery electric motor that feels perfectly fitting for the Awesomely Weird Alibaba Electric Vehicle of the Week column.

This, ladies and gentlemen, is perhaps one of the least useful yet most fun-looking Chinese EVs I’ve featured yet in this exploratory column.

I can think of absolutely zero utility for this ride-on dinosaur, other than separating parents from their money at amusement parks. Not that there’s anything wrong with that; it’s a fine use indeed.

And if there was ever a truly awesome parental money separator, this would be it. I’m not even a kid and I want to beg someone to pay for me to ride this thing.

There’s a coin collector or card swipe option (I’m really curious where they put that swipe – do you lift the tail?), and then it’s off to the dinosaur races!

Of course no one will be moving very fast on their triceratops or brontosaurus. The speed is rated at 50 meters per minute, which Google kindly informs me is around 3 km/h or 1.8 mph.

Controls are mounted on the dinosaur itself, but there is also a remote control that an operator can use to take over driving responsibility. I assume the kid offers up one of those pilot-style “You have the dinosaur,” “I have the dinosaur” hand-off moments like in the movies.

And if you’re wondering just how complicated the controls could be, you might be surprised.

There’s more than just forward and reverse here. In addition to standard dinosaur walking, there are also functions to open and close the mouth, blink the eyes, raise and lower the head, swing the tail, and engage the “light effects.” I don’t remember any of the animals in Jurassic Park coming with their own Laser Floyd show, but perhaps I need to rewatch the originals.

Power comes from a 700W motor (nearly one whole horsepower!) and is provided by a pair of rechargeable batteries. There’s no word on what those batteries are, but I’m guessing it’s more than a couple AA Duracells. The vendor says a single charge is good for six hours, which seems like a surprisingly long time. You’d be lucky to get half of that from an electric bicycle under continuous use.

But then again a triceratops is significantly larger than an e-bike, and I assume that means more room for batteries, so perhaps I should have seen that coming.

One of my favorite features of the walking electric dinosaur (there’s a sentence I never thought I’d say) is the 150 kg weight limit, meaning riders up to 330 lbs. can go for a spin. This ain’t no kids toy, this is fun for the whole family!

And I haven’t even gotten to the coolest part yet – the way it walks! Based on the pictures, I assumed it was just a rigid model with little hoverboard wheels mounted in the bottom of the feet. The wheel part is probably correct, but you can see from the video below that the legs actually walk. There’s another motor that seems to move them back and forth. I don’t think it actually provides any walking power (it seems the two non-walking feet still roll forwards), but it sure gives the illusion that it is walking instead of rolling.

So what does something like this cost? From the looks of the sales page, it will set you back $3,500.

I’m not even sure if that’s a good deal or not. What’s the going rate on a walking electric dinosaur? Is there a Kelly Bluebook value I can refer to?

Since I can’t really tell if I’m getting ripped off or not, I think I’ll sit this one out. I’ve bought a bunch of weird EVs in the last few months, so I think my wife deserves a break from my stupidity.

But hey, if your partner yells at you for buying the kids (or yourself) a walking electric dinosaur, don’t come complaining to me!

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Memorial Day deals are here: These EVs you can snag for under $300 a month

Published

on

By

Memorial Day deals are here: These EVs you can snag for under 0 a month

Forget the patio set. This Memorial Day, the real deals are on EVs. While some savings, including the $7,500 federal EV tax credit, could soon disappear, there’s still time to take advantage of the discounts. We rounded up all the EVs you can lease right now for under $300 a month.

Best EV lease deals this Memorial Day

After a record year with over 1.3 million EVs sold in the US in 2024, several new models arrived this year, giving you more options than ever.

Nearly 300,0000 electric vehicles were sold in the first three months of the year. New Acura, Chevy, Honda, and Porsche EVs helped drive sales higher.

General Motors sold over 30,000 EVs in Q1, surpassing Ford and Hyundai Motors to become the second-best seller of EVs behind Tesla. Chevy is now the fastest-growing EV brand with the new Equinox, Blazer, and Silverado EVs sparking growth.

Advertisement – scroll for more content

Honda and Acura are getting into the game, selling over 14,000 EVs in the US in the first quarter, which is up from zero just a year ago.

According to S&P Global Mobility (via Automotive News), new models, including the Honda Prologue and Chevy Equinox EV, pushed EV registrations up 20% in March. Both are available to lease for under $300 this month.

Cheapest-EVs-lease-March
Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai)

Hyundai and Kia Memorial EV lease deals

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2025 Kia Niro EV $129 24 $3,999 $295
2024 Kia EV6 $179 24 $3,999 $345
2025 Hyundai IONIQ 5 $209 24 $3,999 $375
2025 Hyundai IONIQ 6 $169 24 $3,999 $335

Kia and Hyundai continue to offer some of the most affordable, efficient electric vehicles on the market. The Niro EV is one of the cheapest EVs you can lease in May at just $129 per month.

The new 2025 IONIQ 5, now with more range and a Tesla NACS charging port, and the IONIQ 6 are arriving with significant discounts.

Last month, Hyundai launched a promo giving those who buy or lease a new 2024 or 2025 model year IONIQ 5 or IONIQ 6 a free ChargePoint Level 2 home charger. If you already have one, you can also opt for a $400 public charging credit.

Cheapest-EVs-lease-March
2024 Honda Prologue Elite (Source: Honda)

Honda Prologue and Acura ZDX

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2024 Honda Prologue $239 36 $1,399 $335
2024 Acura ZDX $299 24 $2,999 $424

Honda’s electric SUV is on a hot streak. In the second half of 2024, the Prologue was the second-best-selling electric SUV behind the Tesla Model Y. Through April, Honda’s electric SUV remained a top seller with nearly 11,500 models sold.

With an ultra-low lease rate of just $239 per month, the Prologue is even more affordable than a Civic this month. No wonder sales are surging.

Honda launched the 2025 model earlier this month, which now offers more range (up to 308 miles) and power, but retains the same low starting price.

This Memorial Day, Acura’s luxury electric SUV is one of the best EV deals and is actually cheaper to lease than the Honda CR-V. The ZDX can be leased for as low as $299 for 24 months. With only $2,999 due at signing, the effective cost is just $424 per month. In some states, ZDX discounts reach as high as $28,000, also making it more affordable than a Civic to lease this month.

Cheapest-EVs-lease-March
Chevy Equinox EV LT (Source: GM)

Chevy Blazer and Equinox EVs

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2024 Chevy Equinox EV $299 24 $3,169 $431
2025 Chevy Equinox EV $289 24 $2,399 $389
2024 Chevy Blazer EV $299 24 $3,879 $461

Chevy’s new electric SUVs are quickly rolling out. The electric Equinox was among the top five best-selling EVs in the final three months of 2024. Both can be leased for under $300 a month this Memorial Day. The Blazer EV is still slightly more expensive, at $3,879. Keep in mind that the Blazer EV deal also includes a $1,000 trade-in bonus.

The electric Equinox SUV, or “America’s most affordable +315 miles range EV,” as Chevy calls it, is even cheaper than the gas model this month with up to $8,500 in savings.

Chevy’s new 2025 Equinox is even more affordable at just $289 for 24 months. With $2,399 due at signing, you’ll pay only $389 per month.

Cheapest-EVs-lease-March
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)

Ford F-150 Lightning and Mustang Mach-E

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2024 Ford Mustang Mach-E $213 36 $4,462 $337
2024 Ford F-150 Lightning $233 24 $6,792 $421

Ford’s F-150 Lightning overtook the Tesla Cybertruck to regain its title as America’s best-selling electric pickup in March. The Mach-E remains one of the top-selling EVs with over 14,500 models sold through April.

Ford is sweetening the deal with a free Level 2 home charger for any EV purchase or lease through its “Power Promise,” along with a host of other benefits.

Cheapest-EVs-lease-March
2024 Subaru Solterra (Source: Subaru)

Toyota bZ4X and Subaru Solterra

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2025 Toyota bZ4X $259 36 $2,999 $342
2024 Subaru Solterra $279 36 $279 $287
2025 Subaru Solterra $299 36 $299 $307

Japanese automakers are starting to find their rhythm. Toyota bZ4X and Subaru Solterra sales are finally picking up. With an effective cost of only $287 per month, the Solterra may be the better option this month, especially with its standard AWD.

After cutting lease prices this month, the 2025 Subaru Solterra is now listed at just $299 for 36 months. With $299 due at signing, the effective monthly cost is only $307.

Other EV lease Deals at under $300 this Memorial Day

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2025 Nissan LEAF $259 36 $2,279 $322
2025 Nissan Ariya $129 36 $4,409 $251
Fiat 500e $159 24 $1,999 $242

In some states, Nissan is offering Ariya lease prices as low as $129 for 36 months. That’s with $4,409 due at signing for an effective cost of $251. For an electric SUV with an MSRP of nearly $42,000, that’s a steal.

Some of these rates may vary by region. The $239 per month Honda Prologue lease deal is offered in California and other ZEV states. Acura’s $299 ZDX promo is only available in California, New York, Oregon, and other select states.

In other parts of the country, the Prologue is still listed at just $269 per month for 36 months. With $3,199 due at signing, the effective monthly cost is still just $358. However, a $1,000 conquest or loyalty offer can lower monthly payments to around $330.

Trump’s “Big Beautiful Bill Act” was passed by House Republicans on Thursday, essentially ending the $7,500 EV tax credit and other clean energy incentives. By the end of 2025, automakers that have delivered over 200,000 electric vehicles in the US will lose access. In other words, they won’t be able to pass it on to you, the buyer.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Wheel-E Podcast: Velotric Nomax 2X, Meepo Flow test, more

Published

on

By

Wheel-E Podcast: Velotric Nomax 2X, Meepo Flow test, more

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes a new launch of a full-suspension e-bike from Velotric, Yamaha-backed company’s plan for battery swapping in electric bicycles, buying a super-cheap e-bike from China, testing the Meepo Flow electric skateboard, PodBike closes its doors, the impending launch of the Royal Enfield Flying Flea electric motorcycle, and more.

The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:

Advertisement – scroll for more content

Apple Podcasts

Spotify

Overcast

Pocket Casts

Castro

RSS

We also have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the Wheel-E podcast today:

Here’s the live stream for today’s episode starting at 8:00 a.m. ET (or the video after 9:00 a.m. ET):

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Bye-bye buybacks? Big Oil’s record-breaking shareholder payouts are under threat

Published

on

By

Bye-bye buybacks? Big Oil's record-breaking shareholder payouts are under threat

Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the U.S. and China to temporarily lower their reciprocal tariffs and a falling U.S. dollar.

Imaginima | E+ | Getty Images

A protracted slump in crude prices has ramped up the pressure on Big Oil’s commitment to allocate cash to shareholders.

Western energy supermajors have long sought to return cash to investors through buyback programs and dividends to keep their shareholders happy. Energy executives have also expressed confidence that they can continue to reward investors following a relatively robust set of first-quarter earnings.

Some analysts, however, are less convinced about Big Oil’s pledge to return ever-higher shareholder returns, citing already stretched balance sheets and a sharp drop in crude prices.

Oil prices have fallen more than 12% year-to-date amid persistent demand concerns and U.S. President Donald Trump’s back-and-forth trade policy.

Espen Erlingsen, head of upstream research at consultancy Rystad Energy, said recent market volatility has left the energy majors with “few economically attractive options” that allow for reinvestment while maintaining a competitive capital returns framework.

“As companies like Shell and ExxonMobil continue to push ahead with large-scale buyback programs despite shrinking cash inflows, the durability of these strategies is in question. For now, the majors are holding the line. But if oil prices remain depressed, adjustments may be inevitable,” Erlingsen said in a research note published Thursday.

Share buybacks, which are typically more flexible than dividends, are “likely to be the first lever pulled,” he added. In that vein, weaker crude prices mean energy majors will have less cash to return to shareholders.

BP logo is seen at a gas station in this illustration photo taken in Poland on March 15, 2025.

Nurphoto | Nurphoto | Getty Images

Investor concern over the sustainability of Big Oil’s shareholder returns comes after a year of record-breaking payouts.

Analysts at Rystad said total shareholder rewards from the likes of Shell, BP, TotalEnergies, Eni, Exxon Mobil and Chevron climbed to a whopping $119 billion in 2024, beating the previous record set in 2023.

The payout ratio, which refers to shareholder payouts as a share of corporate cash flow from operations (CFFO), meanwhile jumped up to 56% last year, Rystad said. That was well above the 30% to 40% range that was typical for the industry from 2012 through to 2022, the analysts added.

If shareholder payouts were to remain at 2024 levels throughout 2025, Rystad said this would imply companies distribute more than 80% of their cash flow to investors. The estimate was based on Big Oil’s first-quarter CFFO as a proxy for full-year performance.

Point of maximum weakness

For European majors, analysts at Bank of America said at the start of the year in a note entitled “bye-bye buybacks?” that it anticipated cuts in such returns, from companies whose balance sheets were already stretched.

The Wall Street bank cited BP, Repsol and Eni at the time. It added that only Shell, TotalEnergies and Equinor were among the regional players likely to keep their respective 2025 buyback run-rates intact.

Spokespersons for Repsol and Eni were not immediately available to comment when contacted by CNBC.

So far, BP is the only European energy major to have trimmed its buyback run-rate. The beleaguered British oil company last month posted a sharp fall in first-quarter profit and reduced its share buyback to $750 million, down from $1.75 billion in the prior quarter.

BP, which has been the subject of intense takeover speculation, also reported significantly lower cash flow and rising net debt for the first quarter.

BP’s future is bright — if it can get through the next 6 months, analyst says

Lydia Rainforth, head of European energy, equity research at Barclays, said BP’s future appears to be “really bright” — on the condition that the company can get through the next six months.

“If I think about when is that point of maximum weakness for BP, it is over the next six months, ultimately. Debt continues to go up a little bit, production continues to fall until mid-2026,” Rainforth told CNBC’s Steve Sedgwick on Thursday.

“As I get towards the end of the year, hopefully we’ll see that sum of divestments taking down debt. Things like … selling their lubricants business, that could raise between $12 billion to $15 billion. It brings down debt, you start to see the benefit of cost savings coming through, and then production growth starts kicking in next year,” she added.

Continue Reading

Trending