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The electric bicycle company Engwe has just launched its latest e-bike design known as the Engwe M20. While borrowing significantly from other e-bikes in the industry, the M20 goes its own way in one key area: the price tag.

That’s because this dual-suspension electric moped starts at just $1,299, though an extra $150 early bird discount is available on the launch page.

You may even be surprised by just how much you get on this e-bike, despite its rather low price tag.

The dual suspension setup is already a nice feature to see at this price point, especially for folks that plan to make full use of the fast 28 mph (45 km/h) top speed of the Engwe M20.

But there’s also an option for dual batteries, which adds a second 48V 13Ah battery to the top tube in place of the included storage bag. That doubles the capacity to 1.25 kWh of battery and doubles the range to 94 miles (151 km) on pedal assist. The dual battery version is priced at $1,599, though that $150 early bird coupon on the page still applies and can bring the price down to a more than reasonable $1,449.

And while the company is doubling up on features, they seemed to have given the twin treatment to the front headlight as well. There’s a second identical headlight mounted directly above the first. I’m not sure why that would ever be necessary or even desirable, but I guess having a spare is a good thing?

Back down in the drivetrain, the Engwe M20 lays down its power from a 1,000W rear hub motor mounted in a cast rim wheel. The lack of spokes removes a common maintenance concern on high-power hub motor e-bikes.

The inclusion of mechanical disc brakes seems to be a cost-saving measure, as many companies prefer the higher stopping power of hydraulic disc brakes for a fast and fairly heavy 76 lb. (35 kg) e-bike like this. The brake rotors are also a bit small at 160 mm, so perhaps keep that in mind if you attempt any super-long downhill canyon carving trips.

The bike rolls on 20″x4″ fat tires that appear to have an off-road tread, making this something of a dual sport electric moped.

Both a throttle and pedal assist can be used to activate the motor, though most of these moto-inspired e-bikes tend to see their pedals used more like static foot rests.

The bike is rated for riders up to 265 lb. (120 kg) and comes in three color options of black, white, and green.

Shipping appears to be already underway, which is a nice change from the many pre-order e-bikes we’ve seen launched lately.

engwe m20 e-bike

Electrek’s Take

I haven’t tested the Engwe M20 yet, though it’s on my list. But with my past experience with the Engwe Engine Pro folding e-bike and the Engwe P26 e-bike, I can say that the company is pretty decent as far as value goes.

They can’t compete with the larger US companies on either production quality or support, but the bikes seem to have excellent bang-for-your-buck and are put together fairly well. They’re aren’t amazing, but they’re pretty good for the price.

I look forward to getting on the M20 soon to see how it compares to the usual suspects in the e-moped space. While the dual headlight thing is a bit odd and the lack of hydraulic brakes is a bummer, the rest of the bike seems interesting. I’m sure the suspension won’t be high end, but if it’s good enough for recreational use then this might be a nice deal for those looking for a dual-suspension e-moped.

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Our only oil and natural gas stock stands to win big if a key pipeline project is revived

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Our only oil and natural gas stock stands to win big if a key pipeline project is revived

New York Governor Kathy Hochul (C) holds a picture of US President Donald Trump during a press conference at Grand Central Terminal on Feb. 19, 2025 in New York City.

Angela Weiss | AFP | Getty Images

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Electrek Formula Sun Grand Prix 2025: Now just over a month away

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Electrek Formula Sun Grand Prix 2025: Now just over a month away

Coming in hot… well, as hot as these solar cars can get, upwards of 60 mph.

It’s hard to believe we’re just over a month away from this year’s Electrek Formula Sun Grand Prix 2025 collegiate solar car track event! In July, some of the greatest engineering minds from universities across North America will roll into Bowling Green, Kentucky, with their respective hand-built solar-powered EVs to go head-to-head in a competition all about pushing the limits of sustainable transport. The goal? Complete as many laps as possible each race day using nothing but sunshine.

The event is open to the public and free to attend. Raycing kicks off on July 3 from 10 a.m. to 6 p.m. CT and continues through July 5 from 9 a.m. to 5 p.m. CT. You’re not going to want to miss this!

As a refresher, the Formula Sun Grand Prix (FSGP) is held annually and typically acts as a pre-qualifier for the American Solar Challenge (ASC), a cross-country solar car race held every two years. During ASC years, FSGP is where teams prove their vehicles are road-worthy and safe enough to trek over 1,500+ miles from Tennessee to Wyoming on public roads.

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This year, however, is an off-year for ASC. Teams will only compete in the track event. Here are last year’s FSGP/ASC results and highlights.

The 2025 Electrek FSGP will again be held at the National Corvette Museum Motorsports Park in Bowling Green, Kentucky, which, interestingly enough, General Motors occasionally uses for Corvette testing and development. It’s here, students will go head-to-head in a grand prix-style event, competing to complete as many laps as possible using nothing but solar power. It may sound simple, but it’s a test of speed, efficiency, and endurance.

Last year’s event drew a record turnout, with more than 32 teams and 710 student participants from universities across the U.S. and Canada.

The ASC and FSGP are organized by the Innovators Educational Foundation (IEF), a 501c3 non-profit providing hands-on, multidisciplinary learning opportunities for college students. In 2023, Electrek announced the signing of a five-year title sponsorship agreement with the IEF, which will guarantee funds to host the yearly races through 2028.

This was a natural fit. EVs, solar power, sustainable transport, and collaboration—this is what we’re all about at Electrek, and we’re thrilled to once again be a part of such an incredible event.

Other 2025 Electrek FSGP sponsors include Altair, Blue Origin, MathWorks, Generac, and in previous years Tesla, which have used the event as prime recruiting grounds. In fact, in past years, one recruiter even told Electrek that “getting great employees at the Formula Sun Grand Prix was like shooting fish in a barrel” and added “students at these events are orders of magnitude more likely to yield successful hires than typical campus recruiting events.”

And when it comes to industry talent, FSGP/ASC has serious roots.

JB Straubel, Tesla’s co-founder, ex-CTO, and current sitting board member, got his start in the Stanford Solar Car program. While he currently serves as CEO of lithium-ion battery materials company Redwood Materials, Straubel talks about how many of Tesla’s early hires came straight out of that same solar car team in the video below.

If you’re interested in joining us in sponsoring these events, please get in touch here!

We’ll continue to post more details, including the full schedule, as the race nears! Keep an eye on the website as well.

2024 Electrek FSGP/ASC recaps

Below are the full recap videos from the Formula Sun Grand Prix/American Solar Challenge. The event’s official Flickr page has also amassed more than 1,500 photos. Check them out—they’re super cool!

More details and full results on last year’s Electrek American Solar Challenge and Formula Sun Grand Prix can be found on the event’s website.

Note: The Formula Sun Grand Prix is not in any way associated or affiliated with the Formula 1 companies, FORMULA 1 racing, or the FIA Formula One World Championship.

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Nissan claims buyouts for workers at US EV plant are a ‘crucial’ part of its comeback

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Nissan claims buyouts for workers at US EV plant are a 'crucial' part of its comeback

The struggling carmaker is urgently cutting costs as it looks to turn things around. Nissan is offering buyouts to US workers at its Canton, Mississippi, plant, citing it as a “crucial” part of its comeback plan.

Nissan offers buyouts for US workers at its Canton plant

Nissan has been in the spotlight over the past few weeks for all the wrong reasons. It began earlier this month, following the company’s announcement that it was abandoning plans to build a new EV battery plant in Japan.

The facility was set to produce lower-cost LFP batteries, which have been key to BYD and other Chinese EV brands’ rapid rise in the global auto industry. With an annual production capacity of up to 5 GWh, the plant was expected to slash EV battery costs by 20% to 30%.

Facing slumping sales, lower profits, and more competition, Nissan launched its new recovery plan, dubbed “Re:Nissan,” earlier this month.

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The comeback strategy involves cutting 20,000 jobs, or around 15% of its global workforce, by 2027. Nissan is also closing several plants to slash costs by 250 billion yen as it aims to return to profitability by fiscal year 2026.

Nissan-buyouts-US-plant
2025 Nissan Ariya Platinum+ e-4ORCE (Source: Nissan)

According to an internal email, viewed by Reuters, Nissan is offering buyouts for US workers at its Canton plant. The email also stated that merit-based pay increases are suspended globally.

Christian Meunier, Nissan America’s chairman, said the buyouts are “crucial for Nissan’s comeback” in the US, its most important market.

Nissan-new-LEAF-EV
Nissan’s new LEAF EV (Source: Nissan)

“While substantial efforts have been made in the US to help right-size Nissan, we need to take additional, limited, strategic action here at a local level,” Meunier said in an email.

Nissan announced a voluntary separation program for a select number of US salaried employees. Since the plan is still ongoing, Nissan didn’t provide any further details.

Nissan-buyouts-US-plant
Nissan’s upcoming lineup for the US, including the new LEAF EV and “Adventure Focused” SUV (Source: Nissan)

On Wednesday, a separate report from Bloomberg News claimed that Nissan is looking to raise over 1 trillion yen ($6.9 billion) with the help of the UK government to repay a massive loan due next year.

Nissan invested $500 million to upgrade its Canton plant for electric vehicle (EV) production in the US. Although it initially planned to begin building EVs in the US this year, Nissan delayed production until at least 2028.

New-Nissan-LEAF-spotted
Nissan next-gen LEAF testing in the US (Source: KindelAuto)

Later this year, Nissan will launch the upgraded LEAF, now with a longer driving range, an NACS charging port, and a more SUV-like design. It will be one of ten new Nissan or Infiniti models to launch by 2027.

Electrek’s Take

As Electrek reported yesterday, Nissan’s comeback plan hinges on its upgraded e-Power technology. The only issue is that the system is designed for hybrids.

Nissan is following in Toyota and Honda’s footsteps by advancing new hybrid and plug-in hybrid tech, but the company is already two steps behind.

Doubling down on hybrids and PHEVs while delaying more EV projects will likely only set Nissan up for failure over the next few years.

The Japanese automaker is already losing market share in some of its biggest markets, like China and Southeast Asia.

Can Nissan turn things around in the US, its most important market? Or, will it continue to fall out of favor with lower-cost, more advanced EVs on the way from brands like Rivian and Lucid? Let us know your thoughts in the comments.

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