Not familiar with HOVSCO? Eh, it’s not really your fault. Even if you spend all day wrist-deep in the e-bike industry like me, there’s a thousand and one e-bike companies out there. I’ve only followed HOVSCO for a few months now through some rather run-of-the-mill e-bike launches, but the company’s latest two models have actually gotten me interested. Meet the new HOVSCO HovWagon and HovScout.
If the HovWagon sounds like the RadWagon from Rad Power Bikes, that’s probably not an accident. Rad has been copied up and down the e-bike block for years, from its designs to its product names.
But the HovWagon, despite borrowing the same naming and coloring scheme, brings some interesting bits and pieces to the table.
It’s a smaller format cargo bike, bordering on utility bike territory, and uses 20″ fat tires to keep the ride fairly low on a compact cargo bike. The wheels are small enough in diameter to prevent the bike’s center of gravity from climbing higher, yet still offers a nicer ride on big fat air-cushion tires. For anyone who takes occasional detours off-road, it will likely make a big difference.
The 750W Class 2 e-bike ships with a 20 mph (32 km/h) speed limit on throttle and pedal assist, but can be unlocked via the company’s app to reach 28 mph (45 km/h).
Those that plan to make use of that pedal assist will be happy to hear that the bike includes a torque sensor to offer a higher quality pedaling experience. As the company explained:
The torque sensor pedal assist systems measure the amount of power you are putting into the pedals and it will increase or decrease the electric assist based on your pedaling power. The torque sensor systems have a very intuitive ride feel because they emulate your pedal power very well.
The frame-integrated yet still removable 720 Wh LG battery is said to offer up to 60 miles (96 km) of range on pedal assist, though I’d estimate that riders will get around half of that range if they’re heavy on the throttle and don’t pedal very much. Even so, that’s a nice big battery and some decent range, to boot.
The real star of the show for any cargo bike though is its cargo capacity. With a long rear rack that be converted into a bench seat, the HovWagon claims a maximum capacity of 450 lb (205 kg). That’s one of the highest weight ratings we’ve ever seen in the e-bike industry. There’s almost no way to verify that claim, and since Tern’s heavy hauling e-bikes are rated for similar or slightly less weight yet routinely break the test equipment used to certify them, there might be a bit of a guesstimate going into those HOVSCO weight capacity numbers.
But with hydraulic disc brakes, a 7-speed Shimano transmission, a 2-year warranty and a whole host of cargo-related accessories that bolt onto the front and rear of the HovWagon, this still seems like a more than capable e-bike for most families, and the $1,999 price tag feels fair compared to several other similarly-spec’d cargo e-bikes on the market. If you find the bike on Amazon, though, there seems to be a $100 coupon that makes the price even more attractive.
For those that want to step things up a notch with their adventure level, the HovScout is a bit more appropriate.
This full-suspension e-bike features larger diameter fat tires that are better for dedicated off-road riding, as opposed to the smaller dual-purpose fat tires on the HovWagon.
The HovScout is thus a more purpose-built trail bike for adventurous riding.
Despite the different geometry and design, the tech specs are actually quite similar between the two. The HovScout shares the HovWagon’s 750W power rating and 20 mph (32 km/h) top speed out of the box, but can also be unlocked for Class 3 28 mph (45 km/h) riding.
Other parts that appear to be shared by the two models are the 720Wh battery, torque-sensor pedal assist, hydraulic disc brakes, Shimano 7-speed transmission, and massive weight rating.
You’ll have to fork over an extra five hundred bucks, though, as the HovScout is priced at $2,499.
Electrek’s Take
Color me interested. Of course it’s hard for any cargo e-bike to compete with the Lectric XPedition these days, but HovWagon looks like it has a place to stand on its own. The $1,399 XPedition can save you some cash, but it’s got a smaller battery and no torque sensor, plus the integrated battery on the HovScout looks better than the ol’ behind-the-seat-tube battery on the XPedition.
For the HovScout, again it’s the torque sensor that has me really interested. A full-suspension fat tire e-bike isn’t cheap, but a torque sensor generally adds significantly to the price by putting it in a higher quality e-bike class. $2,499 isn’t nothing, but it’s not bad for a full-suspension e-bike with this loadout.
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Tesla’s Q2 results are in, and they are way, way down from Q2 of 2024. At the same time, Nissan seems to be in serious trouble and the first-ever all-electric Dodge muscle car is getting recalled because its dumb engine noises are the wrong kind of dumb engine noises. All this and more on today’s deeply troubled episode of Quick Charge!
We’ve also got an awesome article from Micah Toll about a hitherto unexplored genre of electric lawn equipment, a $440 million mining equipment deal, and a list of incompetent, corrupt, and stupid politicians who voted away their constituents’ futures to line their pockets.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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“These ‘OpenAI tokens’ are not OpenAI equity,” OpenAI wrote on X. “We did not partner with Robinhood, were not involved in this, and do not endorse it.”
The company said that “any transfer of OpenAI equity requires our approval — we did not approve any transfer,” and warned users to “please be careful.”
Robinhood announced the launch Monday from Cannes, France, as part of a broader product showcase focused on tokenized equities, staking, and a new blockchain infrastructure play. The company’s stock surged above $100 to hit a new all-time high following the news.
“These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood’s ownership stake in a special purpose vehicle,” a Robinhood spokesperson said in response to the OpenAI post.
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Robinhood offered 5 euros worth of OpenAI and SpaceX tokens to eligible EU users who signed up to trade stock tokens by July 7. The assets are issued under the EU’s looser investor restrictions via Robinhood’s crypto platform.
“This is about expanding access,” said Johann Kerbrat, Robinhood’s SVP and GM of crypto. “The goal with tokenization is to let anyone participate in this economy.”
The episode highlights the dynamic between crypto platforms seeking to democratize access to financial products and the companies whose names and equity are being represented on-chain
U.S. users cannot access these tokens due to regulatory restrictions.
Despite the warnings, BYD continues introducing new discounts. On Wednesday, BYD’s luxury off-road brand began offering over 50% Huawei’s smart driving tech.
BYD introduces new discounts on smart driving tech
After BYD cut prices again in May, the China Automobile Manufacturers Association (CAMA) warned that the ultra-low prices are “triggering a new round of price war panic.”
Although they didn’t single out BYD, it was pretty obvious. BYD slashed prices across 22 of its vehicles by up to 34%, triggering several automakers to follow suit in China.
BYD’s cheapest EV, the Seagull, typically starts at about $10,000 (66,800 yuan). After the price cuts, the Seagull is listed at under $8,000 (55,800 yuan).
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It doesn’t look like China’s EV leader plans to slow down anytime soon. Fang Cheng Bao, BYD’s luxury off-road brand, introduced new discounts on Huawei’s smart driving tech on Wednesday.
The limited-time offer cuts the price of Huawei’s Qiankun Intelligent Driving High-end Function Package to just 12,000 yuan ($1,700).
BYD Fang Cheng Bao 5 SUV testing (Source: Fang Cheng Bao)
Buyers who order the smart driving tech in July will save over 50% compared to its typical price of 32,000 yuan ($4,500).
Earlier this year, Fang Chang Bao launched the Tai 3, its most affordable vehicle, starting at 139,800 yuan ($19,300). The Tai 3 is about the size of the Tesla Model Y, but costs about half as much.
BYD Fang Cheng Bao Tai 3 electric SUV (Source: Fang Cheng Bao)
The Tai 3 will spearhead a new sub-brand of electric SUVs following the more premium Bao 8 and Bao 5 hybrid SUVs.
BYD’s luxury off-road brand sold 18,903 vehicles last month, up 50% from May and 605% compared to last year. Fang Cheng Bao has now sold over 10,000 vehicles for three consecutive months.
The Chinese EV giant sold 382,585 vehicles in total in June, an increase of 12% from last year. In the first half of the year, BYD’s cumulative sales reached over 2.1 million, a YOY increase of 33%.
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