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Last summer I had the chance to test out the European designed and manufactured electric scooter Äike T at its world debut launch. As one of the first-ever test riders, I didn’t quite know what to expect. But after checking it out and doing my first few parking lot donuts, I knew this would be something special. Now nearly a year later, the Äike T is finally coming to the US via a new subscription service known as Tempo.

The Äike T is one of the first partners of Tempo, a new electric mobility subscription platform led by the founder of e-scooter pioneer Scoot, Michael Keating.

The subscription service is first launching in San Francisco, but the team behind the 20 mph (32 km/h) Äike T electric scooter expect to expand further around the US in the coming year.

As part of the exclusive partnership with Tempo, Äike customers can subscribe to the company’s award-winning Äike T scooter on a month-to-month or annual basis.

Äike T electric scooter

When I first covered the scooter, I called it one of the best designed options on the market. And nearly a year later I still stand by that description. The Äike T is a groundbreaking electric scooter in a number of ways.

First, it is entirely developed and produced in Europe, bucking the industry trend of relying on Chinese off-the-shelf parts and assembly for nearly all other electric scooters. It is one of the only electric scooters in the world designed and built in-house, and it shows.

It was also built by the team behind Comodule, the connectivity platform that powers countless electric mobility products from e-bikes like SUPER73s to high-end CAKE electric motorcycles. That gives the Äike T industry-leading connectivity for features like GPS tracking for anti-theft as well as telemetrics that communicate between riders’ phones and their scooters.

The scooter can be locked remotely by the rider and even disabled remotely, removing any resale value in a stolen scooter (and hopefully eventually making the scooters unattractive to thieves once word gets out that they can’t be used or resold).

Riders can also control features like the regenerative braking intensity, which is used to recharge the battery and add more support to the sealed drum brakes.

Unlike disc brakes that fade when wet, the drum brakes could theoretically work just as well even submerged under water. And thanks to the waterproof design of the scooter, wet riding is entirely possible (though still not all that advisable… friction being what it is and all).

The scooter is one of only a handful on the market to include a removable battery, making it possible to swap out batteries to double a rider’s range or simply charge the battery inside while leaving the scooter locked outside or in a garage.

The 583 Wh battery is rated for around 25 miles (40 km) per charge. While that range isn’t groundbreaking by itself, the removable battery is still a rarity in this industry.

And speaking of charging, the Äike T is also the only electric vehicle in the world that can charge from a USB-C laptop charger, making it easy to top up the battery on the go even if riders didn’t bring their charger from home. Nearly any USB-C laptop charger will work, though the higher power 100W models will make the charging process quicker.

Äike CEO Kristjan Maruste explained that the US launch will hopefully help push the local e-scooter market forward:

As we kick off our North American launch in San Francisco, we think consumers will be shocked how different, and how fun, the Äike T e-scooter is compared to the mass-produced e-scooters currently flooding the U.S. market. With its sleek award winning design, user-friendly features, removable battery, and high customizability, having the Äike T now available on Tempo is an important stepping stone to converting the U.S. to high-quality electric scooters.

My first test ride on the Äike T electric scooter, last year in Tallinn, Estonia.

In terms of construction, the Äike T is built like a tank. Don’t let the elegant-looking single side-supported wheels fool you; the Äike T is rated for riders weighing up to 150 kg (330 lb.). I could stack five cases of beer on the spacious deck, sit on those to ride it, and still be under the weight limit.

That would probably work pretty well, too. The deck is designed to be wide enough to accomodate a rider with feet side-by-side, though I’m not sure why anyone would want to ride that way. Perhaps it’s because I’m used to riding electric skateboards, but having a forward and rearward point of contact on a deck just seems more stable to me so I can shift my weight while braking or accelerating. But if you like to ride your scooter like a bathroom scale, you can do it on the Äike T.

The scooter is also designed to handle potholes and rough road conditions that could shake other scooters to bits. The 11-inch wheels with automotive-style tubeless pneumatic tires and rims help to upgrade that durability and longevity. The hub motor is rated at 350W nominal, though puts out 1,000W of peak power. The top speed in the US is limited to 20 mph (32 km/h). While at the launch, I asked Maruste what the true top speed was if the scooter was unlocked. With a sly smile he replied, “Much faster.”

I don’t expect that riders will be given that option to unlock the speed, but it shows that the scooter is built to handle much more than its likely use case, meaning riders won’t have to worry about longevity. But of course that’s one of the advantages to subscription services anyway, that riders don’t have to worry about as many of the hassles of conventional ownership. They also get the chance to use higher-quality machines than they might not otherwise be able to afford to buy outright. Subscription prices for the Äike T start at US $75 per month in the US, compared to the scooter’s purchase price in Europe of between €1,400 to €2,000 (US $1,500 to $2,150), depending on the model.

Keating further expanded on the subscription model:

At Tempo, we believe we can all have freedom of movement while protecting our communities and our planet. By offering electric bikes and scooters on a subscription basis, we are opening up electric mobility to millions of new riders. To show the world how great this can be, we are launching our service with the world’s best performing, best designed, and most technologically advanced scooter: the Äike T.

Electrek’s Take

The Äike T is by far one of the nicest electric scooters I’ve ever tested, and seeing the engineering that went into its design makes it that much more beautiful, inside and out. To see it finally come stateside is an exciting day! They’re also just a really fun company that takes a huge amount of pride in their work. They even put their own employees in the marketing images. That’s the CEO in the old-timey bathing suit at the top of this article, and the head of growth in the next two pictures.

But as nice as the scooter is, the subscription model is a really cool addition to this story since most electric scooter riders aren’t chomping at the bit to lay down nearly two g’s for a scooter.

Other premium electric scooter models like Unagi have found major success with a subscription model, and it certainly makes sense in cities like San Francisco, New York, and other major metropolitan areas where so many trips can easily be completed by a scooter, yet many younger workers are living on tighter budgets stretched even thinner due to high rents and a soaring cost of living.

Here’s to hoping that we’ll see Äike expand even further around the US soon!

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The aluminum sector isn’t moving to the U.S. despite tariffs — due to one key reason

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The aluminum sector isn't moving to the U.S. despite tariffs — due to one key reason

HAWESVILLE, KY – May 10

Plant workers drive along an aluminum potline at Century Aluminum Company’s Hawesville plant in Hawesville, Ky. on Wednesday, May 10, 2017. (Photo by Luke Sharrett /For The Washington Post via Getty Images)

Aluminum

The Washington Post | The Washington Post | Getty Images

Sweeping tariffs on imported aluminum imposed by U.S. President Donald Trump are succeeding in reshaping global trade flows and inflating costs for American consumers, but are falling short of their primary goal: to revive domestic aluminum production.

Instead, rising costs, particularly skyrocketing electricity prices in the U.S. relative to global competitors, are leading to smelter closures rather than restarts.

The impact of aluminum tariffs at 25% is starkly visible in the physical aluminum market. While benchmark aluminum prices on the London Metal Exchange provide a global reference, the actual cost of acquiring the metal involves regional delivery premiums.

This premium now largely reflects the tariff cost itself.

In stark contrast, European premiums were noted by JPMorgan analysts as being over 30% lower year-to-date, creating a significant divergence driven directly by U.S. trade policy.

This cost will ultimately be borne by downstream users, according to Trond Olaf Christophersen, the chief financial officer of Norway-based Hydro, one of the world’s largest aluminum producers. The company was formerly known as Norsk Hydro.

“It’s very likely that this will end up as higher prices for U.S. consumers,” Christophersen told CNBC, noting the tariff cost is a “pass-through.” Shares of Hydro have collapsed by around 17% since tariffs were imposed.

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The downstream impact of the tariffs is already being felt by Thule Group, a Hydro customer that makes cargo boxes fitted atop cars. The company said it’ll raise prices by about 10% even though it manufactures the majority of the goods sold in the U.S locally, as prices of raw materials, such as steel and aluminum, have shot up.

But while tariffs are effectively leading to prices rise in the U.S., they haven’t spurred a revival in domestic smelting, the energy-intensive process of producing primary aluminum.

The primary barrier remains the lack of access to competitively priced, long-term power, according to the industry.

“Energy costs are a significant factor in the overall production cost of a smelter,” said Ami Shivkar, principal analyst of aluminum markets at analytics firm Wood Mackenzie.  “High energy costs plague the US aluminium industry, forcing cutbacks and closures.”

“Canadian, Norwegian, and Middle Eastern aluminium smelters typically secure long-term energy contracts or operate captive power generation facilities. US smelter capacity, however, largely relies on short-term power contracts, placing it at a disadvantage,” Shivkar added, noting that energy costs for U.S. aluminum smelters were about $550 per tonne compared to $290 per tonne for Canadian smelters.

Recent events involving major U.S. producers underscore this power vulnerability.

In March 2023, Alcoa Corp announced the permanent closure of its 279,000 metric ton Intalco smelter, which had been idle since 2020. Alcoa said that the facility “cannot be competitive for the long-term,” partly because it “lacks access to competitively priced power.”

Similarly, in June 2022, Century Aluminum, the largest U.S. primary aluminum producer, was forced to temporarily idle its massive Hawesville, Kentucky smelter – North America’s largest producer of military-grade aluminum – citing a “direct result of skyrocketing energy costs.”

Century stated the power cost required to run the facility had “more than tripled the historical average in a very short period,” necessitating a curtailment expected to last nine to twelve months until prices normalized.

The industry has also not had a respite as demand for electricity from non-industrial sources has risen in recent years.

Hydro’s Christophersen pointed to the artificial intelligence boom and the proliferation of data centers as new competitors for power. He suggested that new energy production capacity in the U.S., from nuclear, wind or solar, is being rapidly consumed by the tech sector.

“The tech sector, they have a much higher ability to pay than the aluminium industry,” he said, noting the high double-digit margins of the tech sector compared to the often low single-digit margins at aluminum producers. Hydro reported an 8.3% profit margin in the first quarter of 2025, an increase from the 3.5% it reported for the previous quarter, according to Factset data.

“Our view, and for us to build a smelter [in the U.S.], we would need cheap power. We don’t see the possibility in the current market to get that,” the CFO added. “The lack of competitive power is the reason why we don’t think that would be interesting for us.”

How the massive power draw of generative AI is overtaxing our grid

While failing to ignite domestic primary production, the tariffs are undeniably causing what Christophersen termed a “reshuffling of trade flows.”

When U.S. market access becomes more costly or restricted, metal flows to other destinations.

Christophersen described a brief period when exceptionally high U.S. tariffs on Canadian aluminum — 25% additional tariffs on top of the aluminum-specific tariffs — made exporting to Europe temporarily more attractive for Canadian producers. Consequently, more European metals would have made their way into the U.S. market to make up for the demand gap vacated by Canadian aluminum.

The price impact has even extended to domestic scrap metal prices, which have adjusted upwards in line with the tariff-inflated Midwest premium.

Hydro, also the world’s largest aluminum extruder, utilizes both domestic scrap and imported Canadian primary metal in its U.S. operations. The company makes products such as window frames and facades in the country through extrusion, which is the process of pushing aluminum through a die to create a specific shape.

“We are buying U.S. scrap [aluminium]. A local raw material. But still, the scrap prices now include, indirectly, the tariff cost,” Christophersen explained. “We pay the tariff cost in reality, because the scrap price adjusts to the Midwest premium.”

“We are paying the tariff cost, but we quickly pass it on, so it’s exactly the same [for us],” he added.

RBC Capital Markets analysts confirmed this pass-through mechanism for Hydro’s extrusions business, saying “typically higher LME prices and premiums will be passed onto the customer.”

This pass-through has occurred amid broader market headwinds, particularly downstream among Hydro’s customers.

RBC highlighted the “weak spot remains the extrusion divisions” in Hydro’s recent results and noted a guidance downgrade, reflecting sluggish demand in sectors like building and construction.

— CNBC’s Greg Kennedy contributed reporting.

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One of the world’s largest wind farms just got axed – here’s why

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One of the world’s largest wind farms just got axed – here’s why

Danish energy giant Ørsted has canceled plans for the Hornsea 4 offshore wind farm, dealing a major blow to the UK’s renewable energy ambitions.

Hornsea 4, at a massive 2.4 gigawatts (GW), would have become one of the largest offshore wind farms in the world, generating enough clean electricity to power over 1 million UK homes. But Ørsted announced that it’s abandoning the project “in its current form.”

“The adverse macroeconomic developments, continued supply chain challenges, and increased execution, market, and operational risks have eroded the value creation,” said Rasmus Errboe, group president and CEO of Ørsted.

Reuters reported that Ørsted’s cancellation of Hornsea 4 would result in a projected loss of up to 5.5 billion Danish crowns ($837.85 million) in breakaway fees and asset write-downs. The company’s market value has declined by 80% since its peak in 2021.

The cancellation highlights significant challenges currently facing offshore wind development in Europe, particularly in the UK. The combination of higher material costs, inflation, and global financial instability has made large-scale renewable projects increasingly difficult to finance and complete.

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Ørsted’s decision is a significant setback to the UK’s energy transition goals. The UK currently has around 15 GW of offshore wind, and Hornsea 4’s size would have provided almost 7% of the additional capacity needed for the UK’s 50 GW by 2030 target, according to The Times. Losing this immense project off the Yorkshire coast could hamper the UK’s pace of reducing dependency on fossil fuels, especially amid volatile global energy markets.

The UK government reiterated its commitment to renewable energy, promising to work closely with industry leaders to overcome financial and logistical hurdles. Energy Secretary Ed Miliband told reporters in Norway that the UK is “still committed to working with Orsted to seek to make Hornsea 4 happen by 2030.”

Ørsted says it remains committed to its other UK-based projects, including the Hornsea 3 wind farm, which is expected to generate around 2.9 GW once completed at the end of 2027. Despite the challenges, the company emphasized its ongoing commitment to the British renewable market, pointing to the critical need for policy support and economic stability to ensure future developments.

Yet, the cancellation of Hornsea 4 demonstrates that even flagship renewable projects are vulnerable in the face of economic pressures and global uncertainties, which have been heightened under the Trump administration in the US.

Read more: The world’s single-largest wind farm gets the green light


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Is the Tesla Roadster ever going to be made?

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Is the Tesla Roadster ever going to be made?

The Tesla Roadster appears to be quietly disappearing after years of delay. is it ever going to be made?

I may have jinxed it with Betteridge’s Law of Headlines, which suggests any headline ending in a question mark can be answered with “no.”

The prototype for the next-generation Tesla Roadster was first unveiled in 2017, and it was supposed to come into production in 2020, but it has been delayed every year since then.

It was supposed to get 620 miles (1,000 km) of range and accelerate from 0 to 60 mph in 1.9 seconds.

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It has become a sort of running joke, and there are doubts that it will ever come to market despite Tesla’s promise of dozens of free new Roadsters to Tesla owners who participated in its referral program years ago.

Tesla uses the promise of free Roadsters to help generate billions of dollars worth of sales, which Tesla owners delivered, but the automaker never delivered on its part of the agreement.

Furthermore, many people placed deposits ranging from $50,000 to $250,000 to reserve the vehicle, which was supposed to hit the market 5 years ago.

The official timelines from Tesla are pretty useless at this point since they haven’t stuck to any of them, but the latest official one dates back to July 2024 when CEO Elon Musk said this:

“With respect to Roadster, we’ve completed most of the engineering. And I think there’s still some upgrades we want to make to it, but we expect to be in production with Roadster next year. It will be something special.”

He said that Tesla had completed “most of the engineering”, but he initially said the engineering would be done in 2021 and that was already 3 years after the prototype was unveiled and a year after it was supposed to be in production:

Musk commented on the Roadster again in October 2024, but he didn’t reiterate the 2025 timeline. Instead, he called the new Roadster “the cherry on the icing on the cake.”

Tesla’s leadership has been virtually silent about the new Roadster since. Two Tesla executives even had to be reminded about the Roadster by Jay Leno after they “forgot” about it when listing upcoming new Tesla vehicles with tri-motor powertrain.

There was one small update about the Roadster in Tesla’s financial results last month.

The automaker has a table of all its vehicle production, and the Roadster was updated from “in development” to “design development” in the table:

It’s not clear if that’s progress or Tesla is just rephrasing it. Either way, it is not “construction”, which makes it unlikely that the Roadster is going into production this year.

If ever…

Electrek’s Take

It looks like Tesla owes about 80 Tesla Roadsters for free to Tesla owners who referred purchases, and it owes significant discounts on hundreds of units.

It’s hard for me to believe that Tesla is not delivering the new Roadster because the vehicle program would start about $100 million in the red, but at this point, I have no idea. It very well might be the reason.

However, I think it’s more likely that Tesla is just terrible at bringing multiple vehicle programs to market simultaneously. Case in point: it launched a single new vehicle in the last five years.

At this point, I think it’s more likely that the Roadster will never happen. It will join other Tesla products like the Cybertruck Range Extender.

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