A new fully electric pickup is headed for international markets. And no, it’s not a Rivian or a Ford. China’s own Zhejiang Geely Holding Group (Geely Group) announced its first batch of electric trucks for export rolled off the assembly line Tuesday.
Geely’s Radar RD6 electric pickup is headed overseas
The parent company and co-owner behind Volvo, Polestar, ZEEKr, Lotus, and several others, Geely Group, launched a new brand just over a year ago called Radar Auto.
Labeled as “China’s first pure electric outdoor lifestyle brand,” Radar launched its first vehicle, the RD6 EV pickup truck.
Radar is a fully capable independent brand with its own R&D and EV production facilities in China. Meanwhile, it still operates under Geely’s wing, giving it access to abundant EV technology and shared components.
As such, the Radar RD6 is based on the Sustainable Experience Architecture (SEA), which also underpins the ZEEKr 001 and the upcoming Polestar 4 electric SUV coupe.
The electric truck comes in 63 kW (248mi/400km), 86 kW (341mi/550km), and 100 kW (392mi/632km) battery pack options. Powered by a 200kW (268 hp) electric motor, the RD6 EV produces 284 Nm of torque.
In addition, all RD6 models come with vehicle-to-load (V2L) capabilities and 220V outlets for powering up electronic devices.
After launching deliveries of the flagship Radar RD6 in February, the company claimed it was the first mass-market fully electric truck produced in China.
Less than six months later, Geely Group is building electric pickups to export to international markets. The company posted on its Twitter Tuesday, saying, “The first export batch of Geely’s electric pickup trucks was sent off today from the Zibo Smart Factory. Smooth sailing!”
Regarding electric pickups, the RD6 is extremely affordable in China. The base model (63 kW) starts at RMB 178,800 (roughly $25K), the 86 kW is RMB 198,800 ($27.8K), and the top-tier 100 kW version starts at RMB 228,800 ($32K).
The company says Radar is “starting with trucks but is much more than just trucks.” Radar is developing a complete portfolio of electric lifestyle vehicles, including pickup trucks, SUVs, and ATVs, among other products.
Electrek’s Take
After the pandemic, more people are spending time outdoors and traveling to new places. This is happening in several key auto markets as buyers look to pickups and SUVs for family trips or hauling adventure gear, including China and the US.
Geely’s mid-size electric truck may just hit the sweet spots with a low starting price, performance, and capabilities.
The company doesn’t mention exactly where the electric pickups are headed, but we can expect it will be competitive. Keep an eye on Geely and Radar as they continue expanding overseas in key markets with unique products.
Image credit: Geely Group
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Transocean Barents, an oil platform passes through Canakkale Strait as vessel traffic suspended in both directions in Canakkale, Turkiye on November 12, 2024.
Enishan Keskin | Anadolu | Getty Images
Shares of Transocean plunged Thursday after the offshore driller announced the sale of a large number of shares at a discount.
Transocean is planning to sell 125 million shares at a price of $3.05, significantly lower than Wednesday’s close of $3.64. It is offering 25 million shares more than it originally planned.
The Swiss company’s stock was last down 14.8% premarket. The offering is expected to close on Friday.
Transocean expects to book about $381 million from the sale. It will use the proceeds to pay off debt.
(Correction: Updates with correct share offering price.)
New York City’s new 15 mph speed limit for electric bikes is officially set to take effect next month, in what city officials claim is a move to improve street safety. But not everyone is convinced the crackdown is targeting the real threat on the roads.
The new limit, approved earlier this year, applies to e-bikes, mopeds, and other micromobility vehicles operating in city bike lanes. Riders caught exceeding 15 mph could face warnings or citations, though the exact enforcement strategy remains murky. The NYPD says it will focus on “education first,” but given the city’s track record, that could just be the calm before the ticket storm.
The rule comes amid growing concerns from some residents and officials about rising speeds among e-bike riders, especially delivery workers who often rely on throttle-equipped bikes to meet tight deadlines. But while the new speed cap is aimed at micromobility vehicles, there’s a noticeable omission: cars, trucks, and SUVs, which continue to be allowed to travel at 25 mph – and in practice, often much faster – even though they pose exponentially more risk to vulnerable road users and are responsible for orders of magnitude more deaths each year.
It’s a move that raises eyebrows and has resulted in thousands of publicly-submitted comments that the New York Department of Transportation has seemingly ignored.
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After all, the majority of traffic fatalities in New York City don’t involve e-bikes. They involve cars. And while some e-bike riders certainly ride irresponsibly, the blanket limit nearly cuts in half the more widely accepted e-bike speed limits used around the US, and doesn’t even apply to pedal bikes, which can easily exceed such speeds despite nearly identical average weights when factoring in the vehicle and rider. Not to mention, it ignores the critical role that e-bikes play in reducing traffic congestion and emissions, especially in the delivery and commuting sectors.
So while New York is slowing down its most efficient and sustainable form of urban transport, it’s letting the real heavyweights keep their speed. If the goal is safety, then it’s fair to ask: why aren’t cars being asked to go 15 mph too?
Because once again, it seems the rules are written for the powerful – not the vulnerable.
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Tesla is now buying advertising on Elon Musk’s X (formerly Twitter) to get Tesla shareholders to vote for his CEO compensation package worth up to $1 trillion in stock options.
Tesla, under Elon Musk’s leadership, has famously been against advertising. The CEO is even on the record saying that he “hates advertising” and that “other companies spend money on advertising and manipulating public opinion, Tesla focuses on the product.”
However, that was before he acquired Twitter, now X, which relies heavily on advertising.
The automaker is in a full-on marketing blitz to convince shareholders to vote for the package and to allow Tesla to issue more shares in exchange.
Now, Tesla is even buying social media ads to push shareholders to vote for Musk’s compensation package and they are even buying ads on Musk’s privately owned platform, X:
They are also buying ads on Instagram, Facebook, and Reddit.
As we previously reported, Tesla’s board has claimed that voting for the compensation package will determine the future of Tesla.
Musk went even further and linked his compensation package to the future of the world.
Earlier today, the CEO claimed that his compensation plan is not about money, but about control over Tesla:
It’s not about “compensation”, but about me having enough influence over Tesla to ensure safety if we build millions of robots. If I can just get kicked out in the future by activist shareholder advisory firms who don’t even own Tesla shares themselves, I’m not comfortable with that future.
The CEO previously threatened Tesla shareholders not to build AI products at Tesla, despite claiming they were critical to the company’s future, if he doesn’t get 25% control over the company.
Electrek’s Take
The CEO of a publicly traded company threatens shareholders to gain control over the company and uses company funds to purchase ads that benefit his privately held company, with the goal of persuading the shareholders of the publicly traded company to give him more money.
If that’s not late-stage capitalism, I don’t know what is.
Also, I know I won’t shock anyone here, but Elon is lying about this not being about money.
If he wants to increase his percentage of Tesla shares, he could do exactly what his friend Larry Ellison did with Oracle and do long-term buybacks. It would benefit everyone, but it’s not what he wants. He wants the shiny new stock options.
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