The Engwe M20 electric bike looks like another SUPER73 knockoff. And it is. But the bike also has two things going for it: It has an option for a second battery pack to double its range, and it also offers full suspension for less than the price of a non-suspension SUPER73.
So what’s the trade-off? Well, nothing here is amazing quality. It’s all fairly basic, decent-level stuff. But nothing is going to knock your socks off when it comes to the build quality.
Even so, there are plenty of redeeming qualities. From the long range to the high power and even the dual headlights, Engwe has made up for quality with sheer quantity. And it actually works pretty well.
Check out what I mean in my video review below. Then keep reading for all of the details on the Engwe M20 e-bike.
Engwe M20 Video Review
Engwe M20 tech specs
Motor: 750W rear geared hub motor (1,000W peak power)
Top speed: 28 mph (45 km/h)
Range: Up to 94 miles (151 km) on pedal assist with two batteries
Price: $1,299 (single battery) or $1,599 (dual battery)
What do we have here?
The Engwe M20 is a prototypical moped-style e-bike.
Instead of a step-through moped frame, it opts for a common box-style minibike frame.
There’s no adjustable seat, making this more of a motorcycle-style ride. Sure, there are functional pedals, but pedaling is not comfortable due to the seating position. It’s possible, but you probably wouldn’t want to do it for 10 miles straight. I’m only 5’7″ (170 cm), and even I have that knees-in-your-chest feeling while pedaling it.
But while the Engwe M20 has half the pedaling comfort of most e-bikes, it doubles up elsewhere. Not only do you have the option for dual batteries (though you can save $300 by choosing the single battery option), but you’ve also got dual suspension and even dual headlights.
Why do you need two headlights on a bicycle? I have absolutely no idea. My only guess is that if one dies, at least you’ve got some redundancy built into the system.
But the dual suspension is actually a bit more useful. The front suspension is better than the rear, which I found to be a little stiff for my lightweight self. Since the rear isn’t adjustable, there was no way for me to dial in the suspension to my weight. Even so, it still made a difference when hopping off curbs or hitting potholes.
The front suspension isn’t top-notch stuff either, but it arguably makes an even bigger impact by taking the shock out of your wrists. Even without rear suspension, most e-bike riders are used to raising out of the saddle and letting their legs do the suspension work when necessary. But with both front and rear suspension, that’s less of a requirement on the Engwe M20.
The dual batteries are a great option for anyone that finds themselves on longer rides. The company claims a max range of 47 miles (75 km) with a single battery, but that’s on pedal assist at lower speeds.
You’ve got a 1,000W peak-rated motor at your disposal and Class 3 top-speed capability with a claimed max speed of 28 mph (45 km/h). So you’re probably not going to be sticking to low power very often. And when you consider that the pedal assist lag from the cadence sensor is considerable, to the tune of a couple of seconds, you’ll be even more likely to grab some throttle.
Throttle-centric riders will probably get somewhere between 20-25 miles (32-40 km) per battery in real-life riding. So with the dual battery setup, a solid 40-50 miles (64-80 km) is a reality.
Speaking of reality, that 28 mph (45 km/h) top speed didn’t quite make it into existence in my testing. I rarely saw 27 mph and usually topped out closer to 26 mph. Perhaps with a tailwind, you’d get 28 mph, but I won’t ding the Engwe M20 too hard there. Plenty of Class 3 e-bikes don’t make it all the way to 28, and falling 3-5% short of the limit might even be a buffer to ensure compliance with e-bike regulations.
One note on the 1,000W peak-rated motor: That peak power doesn’t seem to come on immediately. In fact, I was surprised that the bike felt a bit sluggish off the line. After several seconds I could get moving at a good clip, but there’s no chance you’re going to be slinging dirt or laying down rubber when you twist that throttle.
With performance out of the way, the rest of the bike is equally decent. Again, nothing here is top-notch, but it all seems to work well.
The mechanical disc brakes work fine, though I was surprised to see rather small 160mm rotors.
The throttle is a full-twist throttle, which is common on motorcycles and seated scooters but is nearly nonexistent on e-bikes. The main reason half-twist throttles are more common is because less experienced riders aren’t as likely to accidentally twist the handlebar and gun it while walking the bike around. I guess the motorcycle industry assumes riders have a bit more experience. There’s nothing wrong with a full-twist throttle on an e-bike, but I’m just a fan of half twists for safety. Wrist strain can be a consideration, though if you can’t apply a couple of ounces of pressure with your hand for extended periods, you probably aren’t in the group looking for a powerful e-bike.
The Engwe M20 comes with off-road tires that feature aggressively knobby tread, which is surprising considering this seems to be better outfitted as a street moped. Even so, the bike is still fun to lean hard into turns on the street. And if you really want to get your dual sport riding on, those knobby tires will let you do trails on the weekend and commuter rides during the week.
Engwe M20: What’s the verdict?
I’ve done a lot of nitpicking about the M20, but it’s actually a really fun e-bike to ride. And at either $1,299 or $1,599, depending on the number of batteries you choose, it’s a pretty darn affordable option in the e-moped space.
There are better deals out there, but few have this much battery at their disposal.
So for a thrilling type of ride that can handle various terrain all in one bike, the Engwe M20 scores points. It doesn’t have the quality of name-brand e-bikes like those from SUPER73, but it delivers a good time for a great price. And for a select group of riders trying to shop on a budget, that’s just as important.
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A new whitepaper by heavy truck makers PACCAR and Dragonfly Energy that incorporates real-world fleet trial data and Environmental Chamber Testing conducted at the PACCAR Technical Center seems to indicate that over-the-road truck drivers are ready to embrace battery power and reduce emissions – just not while they’re driving.
The whitepaper, titled Reducing Idle Time & Fuel Costs: Lithium Powered Solutions for Commercial Fleets, looked at different ways to reduce harmful diesel emissions across the duty cycles of a number of different fleet operations, and what they found was that powering a truck’s auxiliary and cabin systems with a high-voltage lithium-ion battery dramatically reduced engine idle time even under worst-case operating scenarios.
Another report by a group called the Clean Air Task Force showed that idling heavy-duty diesel engines while drivers are “hoteling” in their trucks (they’re parked, but running the engine to power the sleeper cab’s climate controls, kitchens, or electronics) exacts a heavy toll on both drivers and shipping fleets.
Idling not only burns fuel and increases operating costs at 0 MPG, it also emits a dangerous cocktail of harmul pollutants that pose direct health risks to drivers, rest stop employees, and nearby communities. Diesel exhaust contains fine particulate matter (PM), nitrogen oxides (NOₓ), and numerous airborne toxins that are known carcinogens, making them a serious problem even to those who think climate change is a global conspiracy from “Big Science” to keep those plucky young oil billionaires in the place.
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From a mechanical standpoint, extended idling also accelerates engine wear, degrades emission-control systems, increases maintenance, and shortens engine life.
Battle Born semi batteries
Battle Born batteries for semi aux systems; via Dragonfly Energy.
By adding a relatively high capacity hybrid battery (like Dragonfly Energy’s Battle Born brand batteries) to the something like a PACCAR Kenworth T680 (at top), drivers can stay parked for several hours, operating their sleepers’ refrigerators, ACs, or heaters without the noise and emissions and costs of diesel – and they probably sleep better too, without the drone of neighboring diesels cranking on around them all night.
“We believe idle reduction remains one of the most immediate and cost-effective ways fleets can reduce fuel consumption and emissions while improving driver comfort. But just as important, the industry is increasingly focused on operational efficiency and maximizing asset utilization,” explains Wade Seaburg, chief commercial officer at Dragonfly Energy. “We believe our collaboration with PACCAR not only validates the performance of our LiFePO₄-powered solutions, but also highlights how they help fleets maximize uptime, extend equipment life and get more out of their assets.”
The electrification of the auxiliary systems also reduces engine hours, stretching out the time between scheduled maintenance and reducing operational downtime.
In other words, the hybridization of OTR trucks is a win-win-win. The full whitepaper is available for download at BattleBornBatteries.com/Lithium-Powered-Idle-Reduction. Take a look at it yourself, then let us know what you think of the idea in the comments.
SOURCE | IMAGES: PACCAR, Dragonfly Energy; via AP Newswire.
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French car brand Renault believes they’ve got the key to more affordable EV batteries, and their new LFP tech promises to slash the costs of production by 40%. The result? New, desirable EVs with a sub-20K price tag that aren’t made in China.
Spanish news site Motorpasión is reporting that Renault, like Ford, is embracing a more affordable lithium-iron phosphate (LFP) battery chemistries that are safer, cheaper, and less dependent on rare mineral mining than conventional li-ion batteries.
That’s a big change from the recent past. Because they’re less energy dense and weigh a bit more than comparably-sized lithium-ion NMC (nickel-manganese-cobalt) batteries, European automakers looked down on LFPs. But with Chinese automakers like BYD, MG, and Leapmotor flooding Europe with affordable LFP-powered EVs, that stigma is fading fast.
Fun, affordable LFP vehicles
The stability, battery life, and cost advantages of LFP have become too compelling to ignore — especially as global lithium and nickel prices continue to fluctuate, making long-term business projections difficult. Renault’s decision to embrace LFPs then, is less about catching up on the Chinese’ technology than it is about catching up catching up on the Chinese’ economics, and acknowledging that affordability is the real barrier to mass adoption.
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That was the thinking behind Renault’s relaunch of the R5 E-TECH (sold as the Le Car in the US) and the announcement that a new Twingo would be coming soon.
It was also the thinking behind the French carmaker’s decision to launch the new Ampere vehicle software development sub-brand back in 2023. At the time, the stated goals were to improve (what are now called) Renault’s software-defined vehicles and, separately, to reduce manufacturing costs of new EVs by 40% – which, if you’ll notice, is just about what the switch to LFP chemistries will enable them to do.
“Creating a new model of company specializing in electric vehicles and software running as of today: How better to illustrate our revolution and the boldness of our teams?” asked Luca de Meo, Renault Group CEO, at Ampere’s launch. He answered his own question, saying, “Instill a sustainable corporate vision and ensure it is reflected in each and every process and product. Build on the Group’s strengths and review the way we do everything. Form a tight-knit team and work for the collective. Harness our French roots and become the leader in Europe. Assert our commitment to our customers, our planet and those living on it.”
Renault is set to launch an all-new, all-electric version of its iconic Twingo minicar from the 1990s in the next few months (at top). The car is targeted straight at the BYD Dolphin and is expected to have a starting price of about €17,000 (just under $20,000 US).
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Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion. Instead, we got multiple contraction and a flight from pretty much everything, including crypto, into Treasurys. Gold hung in, but these days nothing seems to correlate with gold — except the sun coming up. The cadence of Friday’s session was downright disastrous and incredibly depressing: an eerily up opening for most stocks, led by the data center group — the new safe and sounds? — only to be hit by an 18-wheeler of a post by President Donald Trump on Truth Social. The note rambled, it shocked, and, most importantly, it blew up what we thought was a U.S.-China detente that had simply been tested earlier in the week by Beijing’s tightening of export rules for rare earth minerals . There have been so many tests that we just presumed this is another needless sticking point that the Chinese might be willing to give up on when the trade talks start in earnest. But because of it, and its belligerent timing, coinciding with what looks to be a successful ending to the Israel-Hamas war orchestrated by the president, Trump had had enough. Time to walk away. This weekend, the Chinese urged more negotiation, but we don’t know if the China hawks in the Trump administration — led by the lately unseen Peter Navarro — are in ascendance, or whether the pragmatists — led by a very busy Treasury Secretary Scott Bessent and a momentarily obscured Commerce Secretary Howard Lutnick — are still in control. I can’t tell if Beijing’s mineral restrictions got Trump so steamed that he threatened to cancel a meeting with Chinese President Xi Jinping planned for later this month in a fit of pique, or if he senses that, at last, he has the cards, as he likes to say. The Chinese, he believes, need our market now more than ever. There’s been no improvement in their real economy despite a stock market that seems manipulated higher, a la 2016. Their winning stocks are out of sync with what makes the Chinese economy tick, which is exports to the U.S. and Europe, both of which are slowing down, although the former much more than the latter. But judging from the slowdown in German car sales in China that we saw last week , you have to wonder whether Europe will start saying no to Chinese auto imports. If they have any preservation instincts, the Chinese could be even more stymied. Given that there’s been no fix of the myriad real estate issues that are at the heart of China’s $8 trillion problem , they are more vulnerable than we think. Sure, they have an ascendant semiconductor industry, but the president himself buys into the theme that everything should be built on Nvidia’s “chassis,” as CEO Jensen Huang told us our special October Monthly Meeting. Trump’s pledge to implement an additional 100% tariff on Chinese imports , starting Nov. 1, could truly do damage to China. That’s true, even if Trump said in a Truth Social post that he does not want to hurt China . At the same time, the president believes the timing of a non-negotiable tariff, always a possibility, is right for our American companies. Remember, he believes he made it clear in his first term it was time for U.S. firms to start moving their supply chains out of China. Those who haven’t moved will just have to take the hit. Fewer and fewer of our companies still make things or take things from there, except companies like the dollar stores and Wayfair , though the furniture retailer has reduced its exposure to China versus 2019 levels during Trump’s first trade war. Dollar Tree has an investor day Wednesday. The stocks of all the dollar stores and Wayfair have been rolling over because of a margin squeeze, which seems to matter more, at last, than their status as a place where the struggling “have-nots” shop. To me, Club name Costco is the better bet if you’re looking for a stock that benefits from shoppers hunting for value. Costco finally started rallying after those better-than-expected September sales numbers last week. The market turned on Costco after a perceived miss last quarter . I say perceived because the quarter was fine versus every other retailer, but it is in the high-multiple dog house for the moment. The rare earth minerals do matter. The president has tried to find rare mineral substitutes outside of China and when he does , like with MP Materials , the stocks act like rockets. Last week, we saw it with Trilogy Metals . We don’t have much of an option yet to make up for Chinese supply because the Chinese had, brilliantly, held the prices for the minerals below the cost of production in our country. So, the potential U.S.-China talks might still be on depending upon the severity of the dependence. I am well aware that, without further negotiations, it is not a terrific setup for Club holdings with meaningful China exposure. That group primarily consists of Apple , Boeing , Nike and Starbucks . They were all particularly painful in Friday’s trading. I think the selling already is overdone, especially because the Chinese said this weekend that they want the talks to continue. Each of the four has an escape hatch from the bears. Apple always faces trouble, but does Beijing want all manufacturing to go to India? Boeing also could be hurt, but Airbus isn’t building more than expected. Nike said this summer that 16% of the footwear it imports into the U.S. is from China, and perhaps some of that could be redirected to serve the Chinese market. Meanwhile, Starbucks is fielding bids for half of its Chinese business. As for Nvidia, whose market-leading AI chips remain a geopolitical football, Jensen reiterated during the Club meeting that China sales aren’t baked into its guidance, and the stock is cheap even without them. We didn’t set out to be a China fund, and we aren’t. But we do have too much exposure to China and a good manager has to admit when he is on the wrong side of the trade — for now. We are not a hedge fund. We are not trading in and out of stocks of companies we like. We are also not wishful thinkers. We know not all stocks work out over time. But consider this: There are two outcomes here. One is that we “lose” China as a market to sell things in retaliation for the 100% tariffs. The other is that China blinks and gives in. The decline Friday built in a lot of the first and none of the second. Again, to focus on our portfolio, when you think about China targeting Apple, you have to remember that they would be truly cutting off their noses to spite their faces because Apple is a valued employer in the country. They know that if they push too hard, India with its younger population beckons. Sure, India is as mercantile as China. They do go hand and hand — until they don’t, because they are much more transactional than ideologically based. The more Apple moves production to India, the lower the overall tariff rate that Apple has to eat, as it still makes some goods in China destined for us. Aside from Nike’s efforts to diversify its supply chain, the Chinese market is a problem for the company, as CEO Elliott Hill told CNBC the other day . Starbucks is going to sell a piece of its China business, and there are multiple interested buyers, according to media reports . The Chinese can’t wean themselves off of Boeing airplanes even if they tried, and they keep trying with minimal success. Where do I net out? I like these stocks here and want to buy more of all of them if they go lower and our trading restrictions let us. I sense emotional selling, and I want to take the other side of that. Concerns about supply But let’s be very clear: I don’t want to take the other side of the decline in the speculative stocks. We have to spend some time here because I support owning speculative stocks, in general, but not at this moment. In my new book, “How to Make Money in Any Market,” I offer a program of owning five individual stocks, with one — or two, if you are younger — being of the speculative variety. The reason for that suggestion is because of the long history of good individual stocks clobbering the S & P 500 . But the speculation gets very difficult when the buzzy companies with red-hot shares wise up and start offering stock in institutional-sized pieces when they have been bid up by retail buying. We have a lot of chatty billionaires who have been telling us that this move has been like 2000, the year the dot-com bubble burst. The move has been more reminiscent of a sped-up version of the 1998-99 period, sped up because retail just never quit. But last week we dipped our toe in 2000 territory with the $2 billion equity offering from IonQ , the quantum computing firm. Here’s company with a small revenue ramp that is losing hundreds of millions of dollars. It had an ample cash position, but management is not a bunch of dummies. It knows that retail enthusiasm for the stock has given it an opportunity of a lifetime — shares have more than tripled since Trump paused his “reciprocal” tariffs in April. Interestingly, management issued a statement on Friday that included this: “We believe this is the largest common stock single institutional investment in the history of the quantum industry.” The company, led by the affable and able Niccolo de Masi, says it is five years ahead of all the others in the industry. De Masi was also ahead of everyone else in raising capital and he did so in a clever way. Rather than just issuing easily shortable common stock, you got a lot of warrants with it. That makes the stock harder to understand, an anathema to the shorts. The deal seems to have been bought by an outfit called Heights Capital Management. They are a PIPE dealer, meaning that they buy stock at a big discount to the last sale, sometimes shorting the stock ahead of time. PIPE is short for private investment in public equity. We do not know the circumstances behind the IonQ sale here. What matters is that the company is issuing a ton of shares and we don’t know what Heights Capital, an entity managed by Susquehanna, will do with them. No matter what they do, though, the point is that secondary stock has been issued like the profitless companies of 2000. Now, IonQ is one of the better ones I was expecting to offer stock. I have had them on “Mad Money,” and they seem very legitimate. But it was up more than 70% this year when it announced the deal. Therein lies the problem. If a stock is up a lot, and its move was on the back of retail traders, then it is too dangerous to own going forward because of the potential for underwriting. Moreover, if we get a huge mount of deals, it is going to hurt a market that has done well because there hasn’t been much new supply. I often talk about how important the basic laws of supply and demand are for the market. When there’s not a lot of new supply being created, that creates upward pressure on prices. In other words, we could recreate what happened beginning in 2000, if this keeps up. It is the most dangerous part of the market. I am calling the group the “Denizens of Sherwood Forest,” and we need to watch this list because if there are many more IonQs, they will bleed into the other part of the stock market. The real part. Think about these stocks as favorites of the Robinhood crowd. (As the folklore goes, the legendary Robin Hood character lived in England’s Sherwood Forest.) To become a Denizen of the Sherwood Forest, the stock has to be up a great deal; be losing gobs of money; and have a market cap above $1 billon. These are the dot-com stocks of this era. They are worth ringing the register on now because of the “success” of the IonQ deal. They are all candidates for secondary offerings, and if that happens, shareholders will be inundated with new stock. Going industry by industry, here is a breakdown (year-to-date performance as of Friday’s close): Quantum Rigettii Computing : 188% D-Wave Quantum : 293% Crypto mining data center IREN : 509% Cipher Mining : 266% CleanSpark : 109% Crypto treasury companies Eightco Holdings : 349% BitMine Immersion : 573% Brera Holdings : 106% (last month, it announced plans to change its name to Solmate) Alternative energy Plug Power : only 60% (its cash on hand has declined dangerously in recent years) Bloom Energy : 291% (slightly profitable on an adjusted basis last quarter, and it could use cash) EOS Energy : 184% SES AI : only 38% (but it generates tiny amounts of revenue and is losing a colossal amount) Rare Earths USA Rare Earth : 184% Critical Metals : 121% NioCorp Developments : 570% United States Antimony Corp : 590% Biotechs uniQure : 248% (the gene-therapy firm already completed a secondary offering in late September) Mineralys Therapeutics : 243% (there was sizable insider buying last month) Intellia Therapeutics : 118% Grail : 271% Immatics : 46% Space Planet Labs : 264% Ambiguous AI Diginex : 4,582% (completed an 8-for-1 forward split last month) Mercurity Fintech Holding : 238% Innodata : 111% Churchill Capital Corp : 114% (this is a special purpose acquisition company, or SPAC) Nuclear OKLO : 593% Nuscale Power : 119% Energy Fuels : 297% Neocloud data center Nebius : 368% Now there are others. This is not exhaustive. And there are smaller ones. But these are the companies that should do gigantic secondary stock sales. If they do, and if they flood the market, then we will be deluged with stock and I don’t know if it can be contained to the Sherwood Forest. I would tell you this: One of the untold stores of 2000 is a radical shift to the Coca-Colas and Bristol Myers of the world. Of course, this time those stocks have powerful forces against them in GLP-1s and Robert F. Kennedy Jr., the nation’s top health official. So, keep track of these. Know that these are the real enemy — not the data center plays with real businesses; not the “Magnificent Seven” constituents, no matter how poorly Club name Amazon trades; or the resilient banks. It’s third-quarter earnings season starting this week. That will become front and center, but new supply is what I worry about because demand is soft and supply could be very large. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.