A recent string of anti-ebike articles in the New York Times has attempted to spread fear around the increasingly popular transportation method of electric bicycles. But it’s not just the typical e-bikes you see students riding to class or adults cruising to work on. One of the main e-bike targets of late has become electric balance bikes, or what the NYT referred to as “motorcycles for children.”
However, instead of fearing these rider training tools, we’d be better advised to embrace them and encourage more parents to put their kids on one.
The main bike at issue in the recent NYT hit-piece was a model named the “K1D”, or kid. It’s produced by California-based electric bike manufacturer SUPER73 and is the company’s first two-wheeler specifically designed for children.
It’s not a new concept though. Let’s be honest: SUPER73 basically looked at the massive amount of money another company known as StaCyc was making selling electric balance bikes and said “We can do that too, only cooler”. And they did.
For those unfamiliar, balance bikes are essentially tiny bikes for small children. There are no pedals, so kids push off against the ground and then rest their feet on the platforms. The aptly-named balance bikes teach kids how to balance a bike by developing the intuition to slightly steer to the side they are leaning towards. Until they get it and balance on their own, they can just put their feet back down.
It’s the modern day alternative to how your dad used to push you on your bike in a grassy field while yelling “Now pedal! And turn! TURN!” before running after you as you fall, then watched as you get back up to try again. Except instead of falling, kids now just put their feet down and push off again. In fact, children are learning to control a bike without even realizing they’re learning. To them, it’s just fun to push and glide.
Balance bikes are replacing training wheels as the go-to method for learning to ride a bike. Unlike training wheels, which don’t teach how to balance and only make kids reliant on something else to balance for them, these types of balance bikes teach kids to be reliant on themselves to stay up. Balance bikes are not only safer (fewer falls), but kids actually learn on their own by discovering what works. They feel what steering inputs make the bike more stable, then learn to repeat it, all by themselves.
Balance bikes have been around for a while, but electric balance bikes are fairly new. They’re basically the same thing, except they have a tiny electric motor and battery added on to the frame. Kids still have to push off to get going, but instead of slowing down and stopping after a few seconds, they can push a button or twist a throttle to engage the motor and keep going. It’s more fun for the kid (obviously, “vroom vroom”) and it actually helps them learn to ride a bike faster because they spend more time upright and balancing, developing the muscle memory and neural pathways needed to steer and balance a bicycle.
My wife and I are enjoying playing life on easy mode without kids, so from time to time we borrow our nieces and nephews whenever we feel like experimenting. I recently got a hold of an electric balance bike from Hiboy and put my 4 year old niece on it. Time to experiment.
She already has a small pedal bike with training wheels, but my brother hasn’t been able to remove them yet because she doesn’t know how to balance the bike without the training wheels. They try, but it just proves frustrating and she gives up. Each time I saw those damn training wheels, I wanted to take them off, but I couldn’t since she’d just fall over.
To my niece, the electric balance bike was immediately “cool”. She’s seen her older brothers ride electric scooters and so she naturally wanted to try her own electric ridable thing.
We left the power off at first and she practiced rolling downhill on her driveway, learning to balance on the way down.
After a few tries, she was getting the hang of it. Then we turned the power on. And something amazing happened. She reached the bottom of the driveway, pushed the throttle and just kept going.
She was a bit wobbly, like a small drunk person struggling to ride home from an Amsterdam bar, but she was rolling on two wheels. After a few more minutes, she was doing it! She was actually riding and balancing all on her own.
But that’s not the end of the story. Because to continue the experiment, we next took the training wheels back off her pedal bike to see what would happen.
And she immediately succeeded to ride her pedal bicycle, something she had never been able to do before. Literally just a few minutes on an electric balance bike did what months of training wheels couldn’t: it taught her to ride a bike.
Of course anecdotal evidence is merely evidence of an anecdote, but I don’t think my niece is anything special. She’s rather ordinary (and also loud… oh so loud! Hanging out with small children is the best birth control in the world). But it still goes to show just how powerful of a learning tool electric balance bikes can be.
They’re essentially a way to Trojan horse bike-riding skills into kids. It’s the same idea of hiding math problems in educational video games. You take something inherently fun for kids, and you sneak important skills and lessons into it. It’s a win-win.
With these new-fangled contraptions of electric balance bikes, the kids still get exercise (you have to push off to get going before the motor will activate) and they get more fresh air from outdoor time.
At a time when childhood obesity rates are at depressingly high levels, we should be doing everything we can to get kids away from screens and onto bike saddles. If an electric balance bike, something that critics like to refer to as “motorcycles for children”, are cool enough to get kids interested in going outside and learning to ride, then we need more of them. Hell, include little leather vests that say “Heck’s Angels” to go with them, I don’t care. If a few Pulitzer Prize-winning NYT journalists need to get their feathers ruffled in order for scores of young kids to more quickly learn to ride bikes, that’s a price I’m willing to pay.
Just make more of these fun tools and get more kids on them. We need more kids learning to ride, more quickly and in larger numbers.
The obvious counterargument here is “But they aren’t pedaling so they’re just being lazy”. But stick with me here. Again, you’ve got to push off before you can engage the motor, so there’s some physical activity required. And balancing engages your core and other muscles too. But also, keep in mind that exercise isn’t the point at this stage. We’re talking about toddlers. If they aren’t sleeping, they’re either running or being annoying (both of which burn calories). And they’re going to outgrow these tiny electric balance bikes quickly anyway. If they can fit on it for a year, you’ll be lucky. By the time they’ve outgrown it, put them on a pedal bike. They’ll enjoy the new larger bike with a fun new propulsion method and will feel like a “big kid” on their new pedal bike, which they are instantly good at riding thanks to honing their balance skills from an earlier age on an electric balance bike.
Luddites that fear electric motors can and likely will continue to hold these things up as two-wheeled boogeymen that are coming for your kids, but I say let them come for your kids. Because if electric balance bikes are this quick as a learning tool to teach kids an important life skill of riding a bike and in a way that is more effective and more fun for the kids, then they’re obviously doing something very right.
Anything that encourages kids to get outside, get on a bike or just go be kids away from screens is a good thing.
Of course that doesn’t mean that there shouldn’t be adult supervision. Electric balance bikes are effective tools for teaching kids bike balance skills but adults should still be watching those kids to make sure they’re safe during that learning process. An orange flag wouldn’t be a bad idea either. But I’d argue that the process is even safer since kids can more quickly learn the balance part and then move on to more critical safety lessons like learning to check for cars before entering the street, etc.
The NYT can try to scare parents away from electric balance bikes for kids, but perhaps fear mongering news isn’t where we should be getting our cycling advice. The NYT makes money when people click on their articles, and a headline “Nothing wrong with effective cycling learning tool” doesn’t carry the same clickability. As a journalist who also only makes money when you read my articles, I’m going to take that risk. I probably won’t earn very much today, so I’ll just skip my millennial avocado toast until tomorrow. But that’s a small sacrifice to pay for helping a few more kids learn to ride a bike.
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U.S. President Donald Trump holds up an executive order after signing it during an indoor inauguration parade at Capital One Arena on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States.
Anna Moneymaker | Getty Images News | Getty Images
Renewable energy giants appear relatively sanguine about U.S. President Donald Trump‘s anti-wind policies, describing the process of replacing fossil fuels with electrically powered products as “absolutely unstoppable.”
In a standalone executive order, which had been widely expected, the president temporarily suspended new or renewed leases for offshore and onshore wind projects and halted the leasing of wind power projects on the outer continental shelf.
“We are not going to do the wind thing. Big ugly windmills, they ruin your neighborhood,” Trump told his supporters at the Capital One Area in Washington on Monday. He previously described wind turbines as an economic and environmental “disaster.”
The measures formed part of a much broader energy offensive designed to “unleash” already booming oil and gas production. This included declaring a national energy emergency, promoting fossil fuel drilling in Alaska and signing an executive order to withdraw the U.S. from the landmark Paris Agreement.
Joe Kaeser, chairman of the supervisory board of Siemens Energy, one of the world’s biggest renewables players, seemed unfazed by Trump’s sweeping energy agenda. In fact, Kaeser considered the policies a “slight plus” for the German energy technology group.
Shares of Siemens Energy jumped more than 8% on Wednesday morning, hitting a new 52-week high.
“We need to see what’s behind all the executive orders and the policies. So far, I believe there are many areas where actually Siemens Energy benefits a lot,” Kaeser told CNBC’s Dan Murphy at the World Economic Forum’s (WEF) annual meeting in Davos, Switzerland on Tuesday.
There will be uncertainty for low-carbon energy sectors, such as onshore and offshore wind, Kaeser said, before adding that Trump’s measures were unlikely to directly impact Siemens Energy. That’s partly because roughly 80% of the firm’s wind market is in Europe, Kaeser said.
“So, I believe that doesn’t move the needle. I’m much more worried about the European economies and how they deal with a very powerful nation, with a very powerful concept. We may or may not like it, because it’s got some nationalistic type of things, but if we look at it from the view of the American people, we better get something going,” Kaeser said.
Beyond onshore and offshore wind, Kaeser said Siemens Energy was well positioned to capitalize from a “booming” electrification market.
“Think about the data centers, artificial intelligence, we have waiting times now on large gas turbines. Actually, customers are coming and saying, hey can I make a reservation and I’ll pay you for a reservation? Just think about that. It hasn’t happened for a long time,” Kaeser said.
“I believe the electrification age has just begun. Whether that’s gas turbines or wind or solar or something else, we’ve got everything, and the customers decide in the end. And one thing I believe one should not underestimate, the White House is not buying much [but] the customer does,” he added.
‘Very, very optimistic’
Spanish renewable energy giant Iberdrola was similarly bullish about the road to full electrification, describing the transition away from fossil fuels as “absolutely unstoppable.”
“We are seeing that probably we are in the best moment for electrification,” Ignacio Galán, executive chairman of Iberdrola, told CNBC at WEF on Tuesday.
Galán cited soaring global demand for electrically powered data centers, low-emission vehicles as well as cooling and heating applications.
A logo on the nacelle of a wind turbine at the Martin de la Jara wind farm, operated by Iberdrola SA, in the Martin de la Jara district of Sevilla, Spain, on Friday, April 21, 2023.
Bloomberg | Bloomberg | Getty Images
“All of those things require more electricity 24 hours a day. Our business in the United States is mostly in this area, which is networks … and the regulation depends on the state authority, so I think that is not really affected at all,” Galán said.
“Depending on the legislation, we will make more or less investment in another part of our business,” he added, referring to Trump’s energy policy.
“We are very, very optimistic about the United States and the future,” Galán said.
Wind power woes
Shares of some European wind power giants fell shortly after Trump took aim at wind power plans.
Denmark’s Orsted, which recently announced a roughly $1.7 billion impairment charge on U.S. projects, dipped 4.4% on Wednesday morning, extending steep losses from the previous session.
The rapidly growing offshore wind sector has endured a torrid time in recent years, hampered by rising costs, supply chain disruption and higher interest rates.
Windmills pictured during a press moment of Orsted, on Tuesday 06 August 2024, on the transportation of goods with Heavy Lift Cargo Drones to the offshore wind turbines in the Borssele 1 and 2 wind farm in Zeeland, Netherlands.
Nicolas Maeterlinck | Afp | Getty Images
Artem Abramov, head of new energies research at Rystad Energy, said Trump’s energy agenda essentially means the likelihood of any new offshore developments in the U.S. has fallen to zero — at least for now.
“The US currently has around 2.4 gigawatts (GW) of advanced-stage offshore wind developments that have reached final investment decision and are under construction, which are unlikely to be impacted by the order,” Abramov said in a research note published Tuesday.
“Moderate risk amid the unfavorable investment climate is present for 10.5 GW of projects which secured necessary permits but have not reached investment decisions,” Abramov said.
“The remaining 25 GW of early-stage projects are unlikely to see any progress under the current administration,” he added.
— CNBC’s Spencer Kimball contributed to this report.
On today’s episode of Quick Charge, President Trump has a wild first day in office, but it’s not ALL bad, either. Plus: Tesla gets diner integration, Hyundai keeps the deal train rolling, and it’s dad’s 80th birthday.
We also look ahead to some possible discounts for Tesla insurance customers, some news on the upcoming “cheap” Cybertruck, and wonder out loud if Puerto Rico’s billion dollar solar project is going to see the light of day. All this and more – enjoy!
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The Stripe logo on a smartphone with U.S. dollar banknotes in the background.
Budrul Chukrut | SOPA Images | LightRocket via Getty Images
Stripe cut 300 jobs, representing about 3.5% of its workforce, mostly in product, engineering and operations, CNBC has confirmed.
The payments company, valued at about $70 billion in the private markets, still expects to increase headcount by 10,000 by the end of the year, which would be a 17% increase, and is “not slowing down hiring,” according to a memo to staff from Chief People Office Rob McIntosh. Business Insider reported earlier on the cuts and the memo.
A Stripe spokesperson also confirmed to CNBC that a cartoon image of a duck with text that read, “US-Non-California Duck,” was accidentally attached as a PDF to emails sent to some of the employees who were laid off. Some of the emails mistakenly provided affected employees with an incorrect termination date, the spokesperson said.
McIntosh sent a follow-up email to staffers apologizing for the “notification error” and “any confusion it caused.”
“Corrected and full notifications have since been sent to all impacted Stripes,” he wrote.
In 2022, Stripe cut roughly 1,100 jobs, or 14% of its workers, downsizing alongside most of the tech industry, as soaring inflation and rising interest rates forced companies to focus on profits over growth. The Information reported that Stripe had a few dozen layoffs in its recruiting department in 2023.
Stripe’s valuation sank from a peak of $95 billion in 2021 to $50 billion in 2023, before reportedly rebounding to $70 billion last year as part of a secondary share sale. The company ranked third on last year’s CNBC Disruptor 50 list.
In October, Stripe agreed to pay $1.1 billion for crypto startup Bridge Network, whose technology is focused on making it easy for businesses to transact using digital currencies.
Brothers Patrick and John Collison, who founded Stripe in 2010, have intentionally steered clear of the public markets and have given no indication that an offering is on the near-term horizon. Total payment volume at the company surpassed $1 trillion in 2023.