Electric bicycle brand Himiway just ran a flashy Apple-like product launch to announce three new e-bikes models. The new members of the family include the Himiway Pony electric micro-bike, the Himiway Rambler hybrid/city e-bike and the Himiway Rhino & Rhino Pro dual battery fat tire e-bikes.
The Himiway Pony is perhaps the most eye-catching of all of the launches, not due to a massive frame or giant tires – but rather, quite the opposite.
Instead of going with a “bigger is better” attitude that many e-bike companies seem to be exploring right now, the Himiway Pony is a member of the micro-bike class and is down right pint-sized.
It’s also a downright rip-off, if we’re being honest. Himiway’s designers obviously looked at the Jackrabbit micro e-bike and said “let’s just build that, but in white.”
I’d say they ripped off the small animal name too, but at least on that note it’s fair to say that Himiway has been using animal names for its e-bikes for a few years now. But the design, well, that’s a straight up Jackrabbit copycat.
That design includes an ultra-short wheelbase, a pair of small 20″ wheels, a mini hub motor in the rear wheel and a tiny battery for power. Pedals are replaced by folding foot pegs, further helping to shrink the wheelbase and reduce weight.
In fact, that technically prevents the Himiway Pony from being considered a “bike” in the typical sense since it doesn’t have a manual drivetrain. Instead, it’s perhaps better defined as a seated scooter.
But just like the Jackrabbit that it owes its design to, the Himiway Pony rides more like a bicycle than a scooter thanks to the bicycle-specific parts including the saddle, handlebars and wheels.
With a 300W hub motor and a top speed of 20 mph (32 km/h), the Pony is designed for light duty local transportation. The 35 lb (16 kg) bike is light enough to easily lift and toss in a car to use for local errands. The options of either a 180Wh or 360Wh battery provide a range of up to 22 miles (35 km).
Just like the Jackrabbit, there’s only a single rear disc brake. I found that the single brake was plenty when I tested the Jackrabbit, and the lack of a front brake keeps the incredibly short bike from doing a flip if the rider accidentally grabbed too much front brake.
It’s an odd little micromobility device, but for $499, it’s not a bad price. And at $599 for the 22 mile range version with the larger battery, it’d be a cheap way to get yourself on a lightweight and nimble little bike-like machine.
The Himiway Rambler fills a gap that has long existed in Himiways lineup: An e-bike with simple, normal tires. Unlike all the fatties we’ve seen from Himiway, the Rambler finally brings us a normal-looking city e-bike with Himiway badging.
Interestingly, Himiway is producing this commuter e-bike in both a hub motor and mid-drive motor setup. The hub motor is more economical, while the mid-drive motor offers a better weight balance and the ability to power the e-bike through its bicycle gears, which can be a major advantage on hills. Both motors provide 500W of power and are fed by the bike’s 48V 15Ah battery.
On the lowest pedal assist level, Himiway says that the Rambler can achieve up to 55 miles (88 km) of range on a single charge.
The entry-level version with mechanical disc brakes and a hub motor starts at $1,299. Riders can upgrade to hydraulic disc brakes for an extra $200. To get the mid-drive motor version with hydraulic brakes, though, that will cost a good bit more at $2,199.
Lastly, Himiway unveiled the new Rhino and Rhino Pro as what it is referring to as dual battery electric mountain bikes, though I’d call these more of a fat tire trail bike. However you classify them, the bikes are fairly well outfitted for hitting excursions beyond paved roads.
With a pair of removable, frame-integrated batteries rated at 48V and 15Ah each, the bike packs in 1,440 Wh of total capacity. That’s enough for up to 100 miles (160 km) of range, according to Himiway.
The bike rolls on 4.5″ fat tires and hides a 1,000W hub motor in the rear wheel, at least on the standard Rhino. The Rhino pro swaps that hub motor for a Bafang Ultra 1,000W mid-drive motor.
Both bikes have hydraulic disc brakes and front suspension, though the 10-speed transmission on the Rhino Pro offers one more gear than the 9-speed setup on the Rhino.
The Rhino is priced at $2,999 while the Rhino Pro is a bit pricier at $3,999.
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Stark Future, the Spanish electric motorcycle maker that turned the off-road world on its head, just locked in a fresh round of funding, pushing its total capital raised past €100 million. And unlike the big, flashy VC rounds we usually see, this one came mostly from existing backers and a few hand-picked newcomers, including some heavy hitters from the MotoGP world.
In what has become classic Stark style, the round was closed quickly and quietly, underscoring just how confident investors are in the brand’s growth trajectory. CEO and founder Anton Wass says the company intentionally offered a “very attractive valuation” to those who already believed in the mission.
“We managed to close it within a couple of weeks,” said Wass. “It’s a strong testament to the results our team has created.”
And it’s not just hype. Stark has proven it can build bikes that not only compete with gas-powered motocross machines, but completely outclass them. Their flagship model, the all-electric Stark VARG, claims the title of most powerful motocross bike ever made. Riders have already racked up tens of millions of kilometers on the VARG, and the bike has helped convert thousands of motocross enthusiasts to battery power. The model even got e-motos banned from the X-Games when the organizers feared that gas-powered bikes couldn’t keep up.
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That kind of traction, paired with the company’s rapid expansion into over 70 countries, explains why investors are still lining up to get a piece of the action.
But what really makes Stark stand out in the electric motorcycle world is its quick path to profitability. That’s a rare word in the electric motorcycle space, especially for such a young company. Just two years after their first deliveries, and within six years of founding, Stark Future is profitable and thriving. With each passing year, they seem to be improving margins, growing revenues, and launching new platforms.
And speaking of new platforms, those are coming, too. The company teased “very exciting new products” on the way, though didn’t drop specifics just yet. From the rumor mill though, it sounds like the company is preparing street models that could give gas bikes a run for their money. And if they’re anything like the VARG, we can certainly expect bikes that push boundaries and continue proving Wass’s bold thesis: electric motorcycles can outperform internal combustion in just about every way.
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U.S. Treasury Secretary Scott Bessent attends a press conference at government quarters Rosenbad after the trade talks between the U.S. and China concluded, in Stockholm, Sweden, July 29, 2025.
U.S. Treasury Secretary Scott Bessent reportedly told Reuters on Monday that there are “other authorities that can be used” to uphold the tariffs. One of them could be the Smoot-Hawley Tariff Act, Bessent said.
Since markets in the U.S. were closed for the Labor Day holiday on Monday, they didn’t have a chance to respond to both Bessent’s comment and the court’s ruling, which was announced after the bell on Friday.
For now, futures tied to U.S. stocks were little changed Monday night stateside. Investors could have gotten used to the volatile nature of Trump tariffs and are taking a wait-and-see approach.
No point, after all, to prepare for an outcome that might lead to the start of another legal battle. It’s never over till it’s over — it’s just another day inTrump’s America.
What you need to know today
Bessent expects the Supreme Court to uphold Trump tariffs. And if they are struck down by the court, “there are lots of other authorities that can be used,” U.S. Treasury Secretary Scott Bessent said on Monday, Reuters reported.
Trump said India had offered to remove tariffs on U.S. However, he did not elaborate on the claim. Trump also said Monday that trade ties with India is “a totally one sided disaster!” His comments came after Indian Prime Minister Narendra Modi visited China for a security summit.
Takeaways from the Shanghai Cooperation Organization summit. The two-day event was largely seen as a showcase of Beijing’s push for a new world order. Key developments include: thawing India-China relations, a Xi-Putin-Modi troika, AI partnership and a new development bank.
Asia-Pacific markets trade mixed Tuesday. South Korea’s Kospi index rose around 0.8% as the country’s inflation in August came in lower than expected. U.S. stock futures were mostly flat. On Monday, U.S. markets were closed for Labor Day.
[PRO] A Chinese property stock defying the slump. The company has “already returned more capital than they ever raised from capital markets,” wrote Barclays — and its stock has an implied upside of over 40% from the bank’s price target.
And finally…
Sports club Suzhou Shishan opened the Chinese city’s first pickleball court in January 2024, according to the company.
Online sales of pickleball paddles and related equipment in China have skyrocketed this year to an average of $1.2 million in monthly sales as of July — an increase of more than six-fold versus the year-ago period, according to data from WPIC Marketing + Technologies.
Pickleball’s recent growth in China has different business implications. In contrast to U.S. suburbs, big Asian cities don’t tend to have large neighborhood spaces, said Patrick Yan, founder of an agency representing Asian pickleball players. “All these courts have to be built by people running businesses. They’re operating for profit.”
Tesla has finally released its ‘Master Plan Part 4’ and it’s nothing more than a smorgasbord of AI promises about its humanoid robot, which can’t even serve popcorn.
For more than a year, Tesla CEO Elon Musk has been teasing the release of his ‘Master Plan Part 4’ for the company.
Since 2006, Musk has been releasing “secret master plans” for Tesla to explain the company’s broader mission and product roadmap.
Musk himself recently admitted that Master Plan Part 2, released in 2016, is not even completed yet. He believes that will happen “next year”, but we heard that one before.
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Master Plan Part 3 was released in 2023, and it was about scaling when, in fact, Tesla’s electric vehicle sales have been in decline since then. They peaked in 2023.
Now, ‘Master Plan Part 4’ was released on X, and it’s all about “sustainable abundance” through AI and robotics.
Here it is:
Introduction
Since Tesla’s founding, each iteration of our master plan has focused on our north star: to deliver unconstrained sustainability without compromise.
Humans are toolmakers. At Tesla, we make physical products at scale and at a low cost with the goal of making life better for everyone. As the influence and impact of artificial intelligence (AI) technology increases, the mission set forth in Master Plan Part IV should come as no surprise.
This next chapter in Tesla’s story will help create a world we’ve only just begun to imagine and will do so at a scale that we have yet to see. We are building the products and services that bring AI into the physical world.
We have been working tirelessly for nearly two decades to create the foundation for this technological renaissance through the development of electric vehicles, energy products and humanoid robots.
Now, we are combining our manufacturing capabilities with our autonomous prowess to deliver new products and services that will accelerate global prosperity and human thriving driven by economic growth shared by all. We are unifying our hardware and software at scale, and in doing so, we are creating a safer, cleaner and more enjoyable world.
This is sustainable abundance.
Guiding principles
Growth is infinite.
Growth in one area does not require decline in another. Shortages in resources can be remedied by improved technology, greater innovation and new ideas.
The technologies that gave us the ability to power machines led to industrial revolutions that have widened our economic landscape, creating more opportunities for all. Groundbreaking inventions like the semiconductor and the internet have expanded—not diminished—social and economic opportunities across all aspects of the human experience, from creating more jobs to providing greater access to information to enabling deeper interpersonal connections.
Our desire to push beyond what is considered achievable will foster the growth needed for truly sustainable abundance.
Innovation removes constraints.
For centuries, humanity’s primary mode of transportation was the horse. Then, over the last fifty-plus years, cars with internal combustion engines powered by fossil fuels became the standard and expected transportation method. The idea that batteries could be produced affordably and at a scale large enough to pivot the transportation industry away from fossil fuels seemed a fool’s errand—until Tesla led the way forward.
Through continued innovation, we have overcome the technological constraints of battery development and built an industry powered by renewable resources.
Technology solves tangible problems.
The products and services born out of the acceleration toward sustainable abundance will advance humanity by solving real-world problems. To further accelerate our innovation, we build each product more efficiently and more sustainably than the last.
Solar energy generation and large-scale battery storage are increasing the availability and reliability of clean electricity in our communities—and are doing so more affordably and more sustainably.
Autonomous vehicles have the capacity to dramatically improve the affordability, availability and safety of transportation while reducing pollution, particularly in our increasingly dense global cities.
Optimus—our autonomous humanoid robot—is changing not only the perception of labor itself but its availability and capability. Jobs and tasks that are particularly monotonous or dangerous can now be accomplished by other means. In this way, Optimus’s mission is to give people back more time to do what they love.
Autonomy must benefit all of humanity.
The tools we make at Tesla help us build the products that advance human prosperity.
How we develop and use autonomy—and the new capabilities it makes available to us—should be informed by its ability to enhance the human condition. Making daily life better—and safer—for all people through our autonomous technology has always been, and continues to be, our focus.
Greater access drives greater growth.
Making technologically advanced products that are affordable and available at scale is required to build a flourishing and unconstrained society. It serves to further democratize society while raising everyone’s quality of life in the process. The hallmark of meritocracy is creating opportunities that enable each person to use their skills to accomplish whatever they imagine.
Everyone deserves access to these opportunities, and technological growth can help ensure that each of us is able to maximize our most limited resource: time.
We’re accelerating the world’s transition to sustainable abundance.
We must make one thing clear: this challenge will be extremely difficult to overcome. The elimination of scarcity will require tireless and exquisite execution. Some will perceive it as impossible. And plenty of others will laud every obstacle and setback we inevitably encounter along the way. But once we overcome this challenge, our critics will come to see that what they once thought was impossible is indeed possible. And that will be fine with us, because what matters most is that, together, we create a sustainable and truly abundant future for generations to come.
All worthwhile journeys are long. And they all begin with a first step.
Our first step was to make an exciting sports car—Roadster. Then we leveraged those profits to fund the development and production of more affordable, yet still exciting products—Model S and Model X. Then we repeated the process, bringing us to Model 3 and Model Y and onward.
This process required us to take many steps, some of them small and others large. But ultimately each win led to another win, and even with our failures, we were able to keep building momentum. Our momentum allowed us to build out a fully integrated ecosystem of sustainable products, from transport to energy generation, battery storage and robotics.
Today we are on the cusp of a revolutionary period primed for unprecedented growth. And this time it will not be a single step but a leap forward for Tesla and humanity as a whole. The tools we are going to develop will help us build the kind of world that we’ve always dreamed of—a world of sustainable abundance—by redefining the fundamental building blocks of labor, mobility and energy at scale and for all.
Electrek’s Take
Tesla is lost as a company. This is a bunch of utopic nonsense, complete with AI “abundance” buzzwords that Grok could have easily written.
Elon’s first two master plans were straightforward, featuring clear, actionable steps and a well-defined product roadmap.
In comparison, this is opium meant for Tesla shareholders to get their fix of potential “infinite growth” as an AI stock. It’s not real.
Everyone can see the value in an affordable humanoid robot capable of autonomously performing useful tasks. You don’t need to sell people on a weird utopic future around it. Start by demonstrating that you can create such a robot.
We have seen no evidence of that yet.
All of Tesla’s Optimus robot demonstrations have been supported by humans remotely controlling them. Most recently, Tesla had Optimus serving popcorn to guests at its diner in Los Angeles. It worked for a few hours on the first day, and the robot has reportedly been offline for a month since the restaurant’s launch.
I know I might sound like a hater, but I don’t care. Tesla is not a company that is about to deliver a future of “sustainable abundance”.
Tesla is a company that did the impossible and significantly accelerated the world’s transition to electric transportation. Then, its CEO went nuts. Sales started to go down, earnings began to drop, and to maintain a nonsensical stock price, the CEO decided to ride the AI bubble. That’s about it.