Electrek returned to Eurobike again this year, and as usual, the show was dominated by electric bikes. If you’re an old school curmudgeon that has dug in his heels trying to slow the forward pedaling motion of e-bikes, that might leave you dismayed. For all of the rest of us, it was a great chance to see hundreds, or perhaps thousands, of companies showing off new e-bikes, e-bike gear, and sometimes unrelated yet equally cool transportation… things.
The shows sheer vastness makes it impossible to cover even a small fraction of its entirety, but below you’ll find several of the standout features we saw at the show.
FUELL Flluid-2 and Flluid-3 e-bikes
First of all, a big thank you to FUELL for sponsoring our Eurobike 2023 coverage this year. It made it possible for us to check out the show and get an extended experience testing out the new Flluid-3 as well as talk to the team about the new Flluid-2 on display.
Both bikes are quite simillar, with the main difference being that the Flluid-2 has dual batteries for 2 kWh of capacity while the Flluid-3 comes in a step-through frame. Otherwise, quite similar.
They both rock the new Valeo Cyclee mid-drive motor with built-in gearbox, offering the possibility of predictive automatic shifting. I experienced that automatic shifting, which you can read more about in detail here, and it was pretty darn awesome. You can also put the bike in manual electric shifting mode, but I enjoyed letting it do both the thinking and the acting for me, allowing me to simply pedal.
The rest of the FUELL Flluid-2 and Flluid-3 are equally impressive, as they should be for bikes that start at $5,495. The massive 1 kWh and 2 kWh batteries offer max ranges of over 100 miles and 200 miles (160 km and 320 km), respectively. Most people don’t need that much range, but it adds peace of mind, plus the ability to turn charging into a weekly affair.
The bikes also feature Gates carbon belt drives, quality hydraulic disc brakes, GPS-location for anti-theft, strong racks, tight hugging fenders, Pirelli tires, and more. Basically, they look like they were designed a motorbike designer, because they were. These bikes answer the question, what would happen if Erik Buell built electric bicycles.
Rayvolt and eXXite
I always love seeing Rayvolt at an e-bike show because frankly I think they build the most beautiful electric bikes. Everyone else is competing for second place when it comes to artistic design meets engineering.
These e-bikes are just stunning. Barcelona-based Rayvolt combines Catalonian leatherwork with brass accents and bright colors to create beautiful rolling works of art. And having tested many of these bikes myself, I can tell you that they ride as good as they look.
The bikes are also quite high tech, being some of the first to offer features like backwards pedaling to activate regenerative braking.
Rayvolt’s sister brand eXXite was also at the show with its much more modern but equally nicely designed e-bikes.
I recently got an XS folding e-bike from Exxite and am excited to have that review coming soon. Suffice it to say, when it comes to uniqueness, no one can touch these companies.
Ellio
I only recently learned about Ellio while at Micromobility Europe a couple weeks ago, but the company definitely caught my attention. Their bikes use a combination of a mid-drive motor to power the rear wheel and a front hub motor to create an all-wheel-drive e-bike.
The company just unveiled the Ellio Max that uses the company’s signature two-wheel-drive, combining it with a 1,150 Wh battery for long range and a 45 km/h (28 mph) top speed for fast commuting.
It’s a bit pricey at €7,995 (approximately US $8,700). But it’s also got a Gates belt drive, hydraulic disc brakes, automatic electric shifting, stem suspension, optional seatpost suspension and other high end features.
Yadea e-bikes
Yadea is a massive two-wheeled EV manufacturer from China that is perhaps better known for its electric motorbikes and scooter. But this year they showed up at Eurobike in force with several new electric bicycle models.
The Innovator is a 250W folding electric bike. That may not sound like much power… and it’s not. But the bike has some nice features, like a mid-drive motor, hydraulic disc brakes and a neat frame design.
The company also showed off its heavier Trooper 01. That 45 km/h (28 mph) speed pedelec bike uses a motorcycle-style design akin to a SUPER73 type of e-bike. A 750W motor and dual suspension combine to make this into a fierce looking offering in the category.
Benno
Benno was at the show with an impressive looking display that put an airstream camper trailer in tow behind its e-bike.
It was just a static display and there’s no telling how well it would work in practice. But one thing is for sure: you better put that e-bike in Sport mode!
Greenway batteries
Greenway is a fairly large battery supplier that builds lithium-ion batteries for many of the top e-bike manufacturers. There’s a chance your e-bike has a Greenway battery and you just aren’t aware of it.
But what really caught my eye was their powerstation e-bike battery combo. Basically, it’s an inverter hub that lets you dock your e-bike battery to either charge it or use it to power other devices.
The company representative explained that it’s also a great way to reuse old e-bike batteries that have dropped below their 70% end-of-life rating. At that level, most e-bike batteries are considered replacement worthy, yet the battery still has some good life left in it for static uses just like this. Reduce, reuse, recycle!
Mahle
While we’re talking about e-bike battery power stations like the Greenway option, Mahle was showing off their own version called the e185 range extender battery and Energy Hub combo.
The range extender battery, which works with Mahle’s X20 e-bike system, is designed to fit into any standard water bottle holder on an e-bike and add 170 Wh of capacity. According to the company, that can boost the bike’s range by up to 60 km (36 mi). At just 1.1 kg (2.4 lb), it weighs the same as a one liter water bottle.
The battery also comes with a neat charging dock known as the Energy Hub to make it easier to juice back up after a long ride. You can even use the hub to turn the range extender battery into a powerbank for charging your phone or other devices. The only downside is that it has a single USB-C port, meaning you can either juice it up or juice up something else from it, but not at the same time.
Ducati e-bikes
It’s always great to see Ducati’s e-bikes in person, as these are super high-end electric mountain bikes.
They’re technically largely Thok bikes, with Ducati lending some branding value, but that doesn’t mean these aren’t beautiful machines with high-end parts!
Tern HSD
Tern recently updated its HSD with a new generation for the model, bringing one of the more mid-priced options in its diverse line of heavy-hauling cargo bikes into 2023 with a bang.
The bike includes a number of improvements based on customer desires as well as an upgraded Bosch powertrain.
The new Tern HSD includes the new Bosch Smart System and several upgrades to the design. Its 400 lb (181 kg) weight rating is one of the highest in the industry, and Tern actually tests that in accordance with certified laboratory testing. It’s not a guesstimate weight rating like many of the lower cost e-bike companies out there.
I had a chance to tests out the new HSD myself, and I’ll be sharing those thoughts more in-depth soon in a dedicated HSD article, so be on the lookout!
Engwe
Engwe was at Eurobike with a few models I’ve seen before and a few that were new to me. The company’s X24 and X20 have added smaller diameter wheels to the popular Engwe X26 platform.
The design has a complicated and frankly somewhat confusing triple suspension setup that ensures both the main rider and the rear passenger each get their own suspension for a more comfortable ride.
I’m looking forward to testing one of these out to see what that feels like in practice.
Comodule
I’ve always got to shoutout Comodule, some of the coolest micromobility folks in the business. They make the connected software that runs many of your favorite bikes and used in companies like Riese & Müller, SUPER73, CAKE, and more.
Their Äike T scooter was also on display, showing off the world’s first USB-C charging e-scooter.
I’ve got an Äike T waiting for me to do a full in-depth testing soon.
Myboo
Ok, I’ll be honest and say that I don’t really know much about these Myboo bikes. But they use beautiful bamboo construction and that’s enough for me to drool over them.
Muli
This is one of the coolest designs for a small format cargo bike I’ve ever seen – especially for a front loader cargo bike.
The front basket has an ingeniously simple design that allows it to pop open and close in an instant. When you need a cargo bike, you’ve got plenty of cargo space. But when you don’t want the extra bulk, it transforms back into a “normal” bike that is no wider than a typical city commuter e-bike.
Plus the entire thing is made in Europe. Pretty cool!
Acer
Consumer electronics company Acer (yes, the laptop maker) showed off several of its new electric bikes at Eurobike. The one that really caught my eye though was the ebii, which is getting ever closer to production.
I love seeing companies that aren’t known for bike design take a stab at it. The result is sometimes odd but other times results in really innovative designs like this.
This is one I’ll definitely keep following on its path to production.
Solar scooter
This one isn’t an e-bike at all, but rather a solar-powered scooter. The company’s S80 Solar Scooter is quite literally covered with photovoltaic cells. They’re on both the floorboard and the steering tube.
The Chinese factory’s representatives at the booth explained how the scooter works, offering somewhere between 35 to 70 watts of solar power to recharge the scooter. Considering the 468 Wh battery on board, that means a full recharge takes between 7 and 14 hours of sunlight.
In other words, you can probably get between half to a full charge per day when the scooter is parked outside.
I’m definitely looking forward to getting my hands on this one for testing.
Kilow
While we’re on the subject of things that aren’t bikes, I might as well bring up Kilow. This French company seems to make e-bikes and e-scooters too, but the thing that really caught my eye was their quadricyle.
It looks like something between a Jeep and Moke, but is designed to operate at street-legal speeds for quadricycles in Europe, meaning it won’t have as many regulatory hurdles as “real” cars.
I also love the model, “less is more”!
Tenways Cargo One
Tenways has always been synonymous with budget-level city commuter e-bikes, at least in my mind. But the company showed off an interesting kid-carrying front loader cargo e-bike that show.
The worldwide debut of the Cargo One puts Tenways into a different category entirely, not just in bike style but also quality of design and manufacture.
This isn’t a simple slap-it-together single speed e-bike. Instead, this is a much more ambitious family cargo e-bike.
Cixi
I’ve saved the weirdest for last, folks. Meet Cixi.
This looks a lot like an Arcimoto FUV from the outside, with its dual front wheel setup and 120 km/h (75 mph) top speed. But not only is this a leaning three-wheeler, but it’s also technically a “bike”. Or at least it has functional pedals that are apparently hooked up to some type of generator to register pedal input. Thus, the rider can pedal to control the vehicle’s power output.
It’s a pedal assist electric car, if I’ve ever seen one. Or perhaps a pedal assist three-wheeled electric motorcycle. I guess I don’t know what it is. But it’s definitely weird, and so I love it!
That wraps up our Eurobike 2023 roundup. What was your favorite (or least favorite) from the bunch? Let’s hear your thoughts in the comment section below!
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Investors are entering 2025’s first-quarter earnings season with a huge cloud of uncertainty hanging over them — thanks primarily to U.S. President Donald Trump’s tariffs.
The scale of duties announced in April, along with the volatility injected by subsequent updates and reversals in policy, have so far exceeded even the most bearish forecasts.
Negotiators from the European Union and the U.K. are in talks with U.S. officials to try to alleviate their respective 25% and 10% blanket tariffs, while also grappling with broader tariffs on steel, aluminum and autos. Meanwhile, the rest of the world watches on to see whether red-hot tensions between Washington and Beijing will cool, averting a trade war between the two biggest economies that would have far-ranging repercussions.
Two major earnings reports have already landed in Europe, providing an indication of the tone to come.
Luxury giant LVMH said its categories such as beauty, wines and spirits were vulnerable to a pullback in spending by “aspirational clientele.” Dutch semiconductor firm ASML, which manufacturers chipmaking machines critical to global tech, said tarifs were “creating a new uncertainty” around demand. But neither was able to quantify the scale of the impact.
Here are five other major European firms yet to report earnings that could face big hits from the tariff turmoil.
Maersk
Danish shipping giant Maersk, a bellwether for global trade, is poised to report first-quarter earnings on May 8. Shares of the company have been highly volatile in recent weeks, moving sharply as investors react to the Trump administration’s back-and-forth tariff announcements.
An escalating trade war between the U.S. and China, the world’s two largest economies, has been a major source of concern for the maritime and transport sector.
Analysts expect Maersk’s first-quarter earnings before interest, depreciation, taxes and amortization (EBITDA) to come in at $2.3 billion, according to an LSEG-compiled consensus, down from $3.6 billion in the final three months of 2024.
Maersk earlier this month described the U.S. tariffs as “significant” and — in their current form — clearly not good news for the global economy, stability and trade.
“It is still too early to say with any confidence how this will ultimately unfold. We need to see how countries will respond to these plans — and to what extent they choose to negotiate, impose counter-tariffs, adjust import duties, or pursue a combination of these measures,” the company said in a statement on April 3.
Shell
Shell is scheduled to report first-quarter earnings on May 2. It comes after the British oil giant in March announced plans to boost shareholder returns, cut costs and double down on its liquefied natural gas (LNG) push.
In a later trading update, Shell trimmed its first-quarter LNG production outlook, citing unplanned maintenance, including in Australia.
A Shell logo in Austin, Texas.
Brandon Bell | Getty Images News | Getty Images
Oil and gas stocks have been caught up in tariff-fueled market turmoil in recent weeks, with energy majors exposed to growing recession fears, subdued oil demand and falling crude prices.
Analysts at wealth manager Hargreaves Lansdown said earlier this month that Shell’s “sharpened focus on efficiency and quality leaves it well-placed to grow free cash flow and shareholder distributions.”
But it can’t control the oil price, Hargreaves Lansdown noted, “so, investors have to be prepared for the relatively high level of volatility that accompanies the entire sector.”
Shell is expected to report first-quarter adjusted earnings of $5.14 billion, according to an LSEG-compiled consensus, down from $7.73 billion in the same period a year ago. The energy major reported adjusted earnings $3.66 billion in the final three months of 2024.
Equity analysts have singled out Shell as the best capital allocator among its European peers, pointing toward the firm’s steadfast commitment to cost discipline under CEO Wael Sawan.
Volkswagen
Germany’s Volkswagen is one of many automotive firms expected to take a hit from tariffs — particularly those on Canada and Mexico — though results out April 30 should give a clearer indicaion of how much it expects to be able to shoulder through operations in Chattanooga, Tennessee.
The U.S. in April implemented a 25% charge on all foreign cars imported into the country, which appears to have already caused some panic-buying.
Volkswagen’s Chief Financial Officer Arno Antlitz told CNBC last month the company was in favor of open markets but already felt “like an American company” due to its thousands of U.S. employees.
However, analysts warn tariffs are especially negative for German carmakers which export thousands of vehicles a year to the U.S., while many cars produced in the country still require European-made parts.
Volkswagen is expected to produce higher year-on-year revenue in the first quarter, up to 77.6 billion euros ($88.2 billion) from 75.5 billion euros, an LSEG-compiled consensus shows. Earnings before interest and taxes (EBIT) are seen dipping to 4.03 billion euros from 4.6 billion euros.
Lufthansa
As geopolitical tensions mount, some have questioned whether travel demand will suffer or trends will change — and the results of German airline group Lufthansa, due April 29, could hold some clues.
Lufthansa CEO Carsten Spohr told CNBC in early March that he expected global demand to drive “significantly” higher profit in 2025 and had not seen any dent in transatlantic bookings. But a lot has changed since then, with the scale of Trump’s tariffs and rhetoric fueling public anger and even boycotts of U.S. products.
A Lufthansa Airlines plane taxiing for takeoff as an United Airlines plane lands at San Francisco International Airport (SFO) in San Francisco, California, United States on February 7, 2025.
Anadolu | Anadolu | Getty Images
Figures for March published by the International Trade Administration showed a 17.2% year-on-year fall in visitor arrivals from Western Europe to the U.S., against a 3.4% dip from Asia and a 17.7% increase from the Middle East.
Lufthansa Group, which includes the German flag carrier along with SWISS, Austrian Airlines, Brussels Airlines and Italy’s ITA Airways, has already been grappling with challenges including strikes, global price pressures and Boeing aircraft delivery delays.
According to an LSEG-compiled consensus, analysts expect the group to report revenue of around 8.07 billion euros in the first quarter, up from 7.4 billion euros the previous year, and a roughly $630 million loss in EBIT, trimmed from a $871 million loss year-on-year and down from $482 million profit the prior quarter.
The Trump administration said last week that it had opened an investigation into how importing certain pharmaceuticals affects national security, widely seen as a prelude to tariffs on drugs — also suggested to be happening in the coming months by Commerce Secretary Howard Lutnick.
There remains no clarity over what size the tariffs will be, and when or even if they will come into effect.
For Denmark’s Novo Nordisk, Europe’s second-largest listed company, that leaves exposed the U.S. sales of its hugely popular obesity and diabetes treatments Ozempic and Wegovy. Traders will be hoping its May 7 results give an indication of how it is preparing for that, and how much can be offset by its “very significant” manufacturing set-up in the U.S.
Emily Field, head of European pharmaceuticals research at Barclays, told CNBC earlier this month that tariffs were the “No. 1 question on investors’ minds.”
— CNBC’s Karen Gilchrist andAnnika Kim Constantinocontributed reporting.
Tesla has settled another wrongful death lawsuit, and it has significant implications based on Tesla’s legal strategy of not settling unless it is at fault.
Admitting a mistake is difficult. We humans are not good at it, which is why I respected Elon Musk when he said that Tesla wouldn’t seek victory in “just” legal cases against it and would “never settle an unjust case” against the company:
We will never seek victory in a just case against us, even if we will probably win. – We will never surrender/settle an unjust case against us, even if we will probably lose..
This strategy also means that if Tesla ever settles a case, it is admitting that it was in the wrong, even if settlements often come with no admission of wrongdoing.
Tesla has very rarely settled cases and Musk made this comment back in 2022. A lot has changed since then.
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In fact, around the same time Musk made that comment, he announced that he was building a team of “hardcore lawyers” at Tesla to pursue legal cases aggressively.
But it started to happen over the last few years.
In the UK, a Tesla owner challenged Tesla over its failure to deliver on its full self-driving claims and won a settlement that represented a refund of his purchase cost for FSD, with interest, after filing a claim in small claims court in 2023.
Now, Tesla has settled a second wrongful death lawsuit.
The estate of Clyde Leach, a Tesla Model Y owner, sued Tesla for wrongful death after his Model Y “suddenly accelerated, went off the road, and slammed into a pillar at an Ohio gas station.” Leach, 72, died from “blunt force trauma, burns, and other injuries” after the vehicle burned down following the impact.
Unlike Huang’s case, the lawsuit didn’t focus specifically on Tesla’s Autopilot or other ADAS features, but it claimed that a defect led to a “sudden acceleration” that contributed to the crash.
This makes it particularly interesting that Tesla, which claims never to settle unjust claims against the company, has confirmed that it settled the case with Leach’s estate in a filing on Monday in federal court in San Francisco.
The terms of the settlement have not been released.
Electrek’s Take
In Tesla’s early days, there were numerous claims of “sudden unintended acceleration” regarding Tesla vehicles. I would often look into them, and we even had third parties review the telemetric logs; you could almost always prove pedal misplacement.
I assumed some of it also had to do with people not being used to vehicles that accelerate as quickly as Teslas, leading to less forgiving situations when pressing the wrong pedal.
However, considering Tesla settled this case and Musk’s claim that Tesla would not settle an “unjust” claim, there could be a case that sudden acceleration could occur with Tesla vehicles.
This could complicate a lot of other cases against Tesla.
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Despite the will-they, won’t-they uncertainty surrounding the future of tariffs and union jobs and – let’s face it – just about everything else in every industry these days, GM says it has no plans to move production of its Ultium-based EVs from Mexico to the US.
The General seems to know a good thing when it sees one, so it should come as no surprise to learn that GM has no plans to scuttle its assembly lines out of the country.
“At this time, GM has no plans to halt or relocate production of any of our EV models made in Mexico,” the director of GM de México’s EV operations, Adrián Enciso, told the Spanish-language newspaper, Milenio. “It’s possible that additional models, such as (the new 2026 Chevy Spark) could be built here, too.”
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Market Watch is reporting that the proposed tariffs, if they take effect, could raise GM’s cost to make electric cars in Mexico by up to $4,300 per vehicle. But while that could put a significant per-unit dent in GM’s profits, it’s worth noting that the EVs might continue to be built in Mexico and sold in Canada and other markets – the new Spark, especially, is targeted towards Central and South America, anyway.
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