Lectric eBikes is know for two things – making affordable e-bikes and making a lot of them. The company’s main goal has been to look at the e-bike market, figure out what people want, and find a way to make it more affordable. They’v’e done it time and again with their other e-bikes and that’s exactly what they’ve done this time with the new Lectric XP Trike.
The company invited me out to see the new e-trike at their headquarters in Phoenix, Arizona. There I had the chance to hop aboard and get a sense of just what this $1,499 electric trike can do.
And the answer, it turns out, is a lot. It can haul. It can climb. It can fold. It’s a three-wheeled Swiss Army knife with a ridiculous amount of torque and seating for one.
I only spent a single day with the capable little trike, and so this isn’t a full review… yet. That’s still to come. But even with only a few hours in the saddle, I can already tell you that this is absolutely going to be a major hit… if they can keep it in stock.
Check out how the Lectric XP Trike performed in my first ride video below. Then keep reading for the nitty gritty details.
Lectric XP First Ride video
What the e-trike offers
Let’s nail the specs right away, so we can quickly get to the ride.
I’d say that the trike is almost like a three-wheeled version of the famous $999 Lectric XP 3.0 folding e-bike, albeit with hydraulic brakes, a bigger battery, and an extra wheel.
The Lectric XP Trike has a 500W motor that puts out 1,092 peak watts of power. It’s mounted in a mid-drive setup as the trike’s jackshaft, giving it the ability to power both of the rear wheels via an open differential axle.
It draws power from a 48V 14Ah battery with 672 Wh of capacity, which is enough for 60 miles (96 km) of range in the lowest power mode on pedal assist. But honestly, even on throttle at the trike’s top speed of 14 mph (22 km/h), you’ll probably still get a solid 30-40 miles (48-64 km).
The bike rolls on 20″ x 2.6″ tires, has a single speed drivetrain, and rocks hydraulic disc brakes on 180 mm discs. The brake levers each have a parking brake, which I’ve never seen before on hydraulic brakes.
The 69.5 lb (31.5 kg) e-bike folds to fit in tight spaces, and that folding trick allows it to arrive in fully-assembled form. You don’t have to bolt anything together, you just unfold it and ride. That’s going to be a major benefit for many riders, especially older ones that don’t want to be bent over a box lifting a 70 pound bike around.
Speaking of weight, it’s actually relatively lightweight for an electric trike. And the low step-through size makes it great for shorter riders down to 4’10” (147 cm). It’s apparently good for taller riders also, with a rating for folks up to 6’4″ (193 cm). I’m squarely in the middle of that range, so I can’t personally speak to the extremes, but it felt great to me in terms of sizing.
It can also fit a wide range of rider weights thanks to its maximum capacity of 330 lb (150 kg). In addition to the rider payload, the rear rack can carry 75 lb (34 kg), while the front basket can carry 35 lb (16 kg).
And as part of the launch, Lectric is including the cargo package consisting of the front and rear basket for free! Getting an entire trike plus the cargo package for just $1,499 is a hell of a deal.
So how does it ride?
Here’s the crazy part: Despite being nice and gentle when you keep it in the lower power modes, there’s some significant torque in the higher power modes that is great for hill climbing.
The Lectric team took me to a hill that looked like a small mountain, and I was able to ride the Lectric XP Trike right up the side of it. We even put a few dozen pounds of steel weight in the rear basket to give me a sense of what it’d be like if I was a heavier rider. The trike didn’t care – it just kept climbing like a machine.
Coming back down the side of the mountain helped me appreciate those hydraulic disc brakes, especially when I remembered how much steel weight I had in the back.
Moving to a park next, I did a combination of paved trail and off-road grass riding. The trike performed well at both. Tight donuts are even possible, though you have to be careful about going too tight. I could get the outer wheel to lift up in tight turns if I really tried, but it was something I had to make an effort to achieve. I never felt like I would tip in a normal turn.
Is it as stable as the RadTrike? Not quite. That one feels like the king of stable trikes to me. And the Lectric XP Trike is a tad narrower in the back and has a bit higher center of gravity with taller wheels and a higher cargo rack in back. But it still feels plenty stable, and I’d be comfortable putting my parents on it – if that puts things into perspective.
While there’s no suspension on the trike, you’re never really going fast enough to feel like it’s critical. Suspension is more important to me at higher speeds where I hit obstacles with more force and where I have less time to avoid them. At a maximum speed of 14 mph, you see things coming up in slow motion and can easily wiggle around them.
As you can see in the video above, I even took the Lectric XP Trike over some seriously rugged terrain in a washed out dry riverbed. I was truly surprised how well it handled such rough off-road conditions.
That being said, the three wheels takes some getting used to when avoiding obstacles. You have to learn how to put the pot holes or rocks between two of the three wheels or take a wide berth around them.
It’s something that new trike riders will take a few days to get used to, but quickly becomes second nature.
Is the Lectric XP Trike worth the price?
At just $1,499, this is a smoking hot deal, and it follows Lectric’s playbook of bringing popular e-bikes at affordable prices to the masses.
How long will the bike last? I have no idea. I only spent a day with it.
But the trike felt solid so far, and I also saw a room full of customer service representatives sitting in Lectric’s Phoenix headquarters waiting to help anyone should they have an issue in the future, which gives me good confidence on the customer support side.
For the thousands of people aging into electric trike territory every day, I’m excited to see options like this hitting the market. And once I get even more time on the XP Trike than just a fun day in the sun, I’m sure I’ll like it even more.
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Oil prices eased on Tuesday as market participants weighed the possibility of an OPEC+ decision to further increase its crude oil output at a meeting later this week.
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U.S. crude oil futures rose about 4% on Monday after OPEC+ increased production at a steady rate, easing investor fears that the group might boost output even faster.
West Texas Intermediate futures rose $2.53, or 4.16%, to $63.32 per barrel. Global benchmark Brent was up $2.34, or 3.73%, at $65.12 per barrel.
The eight producers in OPEC+, led by Saudi Arabia, agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted output at that rate.
“There were market concerns of a faster unwind process,” said Giovanni Staunovo, commodity analyst at UBS, told clients in a note Saturday. “For now, the oil market remains tight, indicating it can absorb additional barrels,” Staunovo said.
The electric motorcycle market is a small and highly interconnected one, with a limited amount of suppliers and an even smaller number of actual honest-to-goodness motorcycle manufacturers. While Covid-era progress led to a series of highly-funded rapid advancements and flashy announcements, the last few years have been hard on the industry as funding and excitement have both dwindled, resulting in a smaller number of big releases. So it makes sense that people would jump at news that Honda is now producing its first electric motorcycle and that you can already buy it. The only problem is that none of that is true – finally some real fake news.
In the last few days, a number of news outlets ran with a story claiming Honda was now producing and selling its first ever electric motorcycle, a bike known as the E-VO. While some articles presented a fairly grounded and accurate analysis of the situation, others jumped on the more clickbaity bandwagon.
Like many rumors, the story does have some truth to it. There is an interesting-looking cafe racer-styled E-VO bike that was just announced, and its logo does partially include a red Honda badge, but that’s where things start to go awry as some articles played a bit fast and loose with the facts.
The main issues with the story heard ’round the internet are that 1) Honda has already produced multiple electric motorcycles, 2) the E-VO isn’t really a Honda, and 3) you can’t actually buy the bike, at least not the way many headlines would have you believe.
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The Chinese launch of the Honda-Wuyang E-VO
To be fair, even Electrek wasn’t spared, with its own story repeating several dubious claims seen elsewhere around the internet, among other smaller mistakes such as a strange swipe at LiveWire for not producing DC fast-charging electric motorcycles, which it famously does.
But let’s break down each of the errors or flashy clickbait headlines that duped many journalists and electric motorcycle fans alike.
The first major issue is that the premise is wrong. Honda has built multiple electric motorcycles in the past, though generally smaller designs with step-through frames. The E-VO would be a new design direction, taking on an eye-catching cafe racer design, but let’s not forget that models like the all-electric Honda PCX Electric were launched back in 2018. In fact, Visordown strangely mislabeled a photo of a PCX Electric, referring to it as an E-VO in its own article a few days ago. (And to be fair, not everyone whiffed on this one, with outlets like RideApart and CycleWorld giving even-handed and accurate coverage to Honda’s e-moto efforts).
Second, this motorcycle isn’t even a Honda. If you look closer at the badging, you’ll see it’s labeled as “Wuyang Honda” with the first word obviously printed much smaller in the logo to obscure it in favor of Honda’s much stronger brand reputation. To put it simply, the E-VO is produced by the Chinese company Wuyang, in which Honda invested in as part of a joint venture. Wuyang-Honda is a Chinese company owned by the major Chinese automaker GAC. It does produce some Honda-developed motorcycles for the Chinese market (like the CB series, CBR, etc.), but it also produces its own domestic market-only models. The latter is what the E-VO is. It’s not a Honda and it’s not produced by Honda. It’s produced by Wuyang-Honda, which is a Chinese company partially funded by the Japanese company Honda to make money from the Chinese market. It’s similar to how Ducati doesn’t really make those Ducati electric bicycles, but rather engages in a licensing agreement that lets another company produce them and print a famous name on the side.
And that brings us to the third major issue glossed over in the E-VO launch – that you can’t really buy it. Well, some people can, but not you. At least, not unless you happen to be Chinese or living in China. As mentioned above, this isn’t a Honda motorcycle that you can buy at a Honda dealer. It’s a Wuyang motorcycle that was recently launched in China and only sold in China. It wasn’t designed for export and doesn’t meet any other international regulations or safety standards because it wasn’t designed for any other markets outside of China.
Electrek’s Take
I’ve been a fan of electric motorcycles for a long time, riding and covering them with excitement as I’ve watched the industry progress. I talk the talk and I walk the walk. I don’t even own a car, as my family gets around entirely on electric motorcycles, e-scooters, and e-bikes. I don’t intend to unfairly call out other news outlets or even my own colleagues, but I do think that accuracy in reporting on such a nascent industry is important.
Accuracy in reporting isn’t just about keeping the industry well-informed but also ensuring realistic expectations among the public. Just like all of those stories popping up a few years ago to the effect of “GM is producing a $14,000 electric pickup truck” turned out to be clickbait (they were electric mini-trucks produced in China, for the Chinese market, by Chinese companies in which GM invested), the E-VO has also turned into something of a white whale. For years, riders have begged major manufacturers like Honda to get on board with electric motorcycles. And so when there’s even an inkling of progress on that front, the story can get ahead of itself.
That isn’t to say that Honda won’t ever produce a full-sized e-moto or street bike. Perhaps the E-VO will sell well in China and Honda will look favorably upon Wuyang’s work there. But the moment when an honest-to-goodness Honda electric motorcycle lands is still years away, and no amount of wishful thinking or creative writing is going to change that.
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The French are saying “non, merci” to Tesla, as sales crashed to just 700 units in May – a level not seen in more than three years.
The Model Y changeover was clearly not the problem.
Last week, Tesla CEO Elon Musk claimed that the company has “no demand problem” and that even though Europe is its weakest market, “everyone is struggling in Europe, there’s no exception.”
France has just released its car registration data for May, confirming that the auto market is down 12%. However, Tesla’s sales were down even more than the rest of the market.
Tesla delivered only 721 vehicles in France in May – down 67% compared to the same period last year.
In Q1, Tesla blamed its poor performance on the lack of Model Y availability due to the design changeover, but it doesn’t have this excuse in Q2, which is now tracking below Q1 in Europe.
May was Tesla’s worst month of deliveries it has had in the last three years. It’s also even worse than any month of deliveries in the first quarter, despite the new Model Y now being in full production in Gigafactory Berlin and available in France.
Electrek’s Take
I’ll write a more comprehensive post about Tesla’s sales in Europe once we have data from more countries in May, but it’s not looking good.
Tesla blamed its terrible performance in Q1 on the Model Y changeover, but we are past that in Q2. Yet, April was worse than January, and now, it looks like May is going to be below February in the whole of Europe.
The only positive market so far is Norway, and that’s probably due to some of its large existing base of owners in the country updating to the new Model Y, but it will be interesting to see if it’s sustainable through out the rest of the year. I doubt it. Tesla benefited from the Model Y changeover, but I expect the brand damage will also be felt in the popular EV market.
This result in France in May is particularly interesting because it is even worse than April. I literally have to go back to Q2 2022 to find a quarter when Tesla had a worse second month of a quarter in France.
It is starting to look like demand collapse.
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