Cars and city living – it’s a complicated relationship. While cars offer the promise of supposed freedom and convenience, they also come with parking nightmares, fuel costs, and the dreaded rush-hour gridlock. But what if there was a middle-ground solution? Enter the low-speed vehicle (LSV).
LSVs are a federally approved class of motor vehicle that are basically the hybrid car convenience and scooter/bike simplicity. With a healthy and growing car reduction movement in cities, they may be just the answer. Here are some compelling reasons why an LSV could be the perfect fit for you.
Smaller vehicles are easier to park
One of the most significant pain points of city driving is parking. Maybe you’re the kind of person that isn’t ready to give up a car in the city since you can’t carry everything you need with you on a bike. LSVs may not be as simple or easy to park as a bike, but they’re certainly an improvement over a much larger car.
Traditional cars require sizable parking spaces, and in a city, that often translates into expensive parking garages or the ever-elusive street spot. LSVs, being compact, can fit into smaller spaces with ease, reducing the time (and stress) spent circling the block. One of the recent LSVs I tested was a four-seater that measured just 7’9″ long (2.36 m).
Some cities even offer designated parking spots for compact vehicles like these. And in a pinch, you can often get away with parking in quasi-spots, like the edges of parking lots that aren’t technically full spots but also aren’t in anyone’s way or blocking traffic.
There’s even room to spare in this spot that no “real” car could ever fit into
Weather protected tiny vehicles
One of the main factors keeping more people off of traditional bicycles and e-bikes is the weather. While many cyclists will tell you that “there’s no bad weather, only bad clothing,” it can still be difficult to convince some new riders to suit up in rain suits.
But many LSVs are fully enclosed like a traditional car, meaning rain isn’t an issue. Some models even have both heaters and air conditioning, making them excellent for winter and summer driving in comfort.
Even the more golf cart-style LSVs will often have options for soft doors to enclose them from the rain. Those doors can be removed in the summer for easy-going driving with plenty of fresh air.
LSVs can save you money
Say goodbye to hefty fuel bills! Most LSVs are electric, translating to pennies per charge compared to the soaring costs of gasoline. Even compared to electric cars, LSVs are much more efficient and so their charging bill is a mere fraction of a Tesla’s. Charging an LSV can cost as little as a single dollar depending on local electricity rates. Even in areas with expensive electricity, you’ll never spend more than the cost of a cup of coffee to “fill up your tank” in an LSV.
Maintenance is also typically less expensive than traditional vehicles, and the upfront cost of an LSV is usually significantly lower than that of a regular car. In fact, many LSVs are as inexpensive as golf carts, yet have the benefit of more safety features and of course are street legal.
Low-speed vehicles are more environmentally friendly
If you’re eco-conscious, LSVs are a dream come true. Emitting zero pollutants from their electric drivetrains, they’re a far cry from their gas-guzzling counterparts. Many young urban residents can’t afford a new electric car. Even if you can, you likely don’t drive enough miles in the city to justify carrying around a heavy and expensive 300+ mile (500+ km) battery.
By opting for an LSV instead, you’re not only making a statement about sustainable transportation, but you’re actively reducing your own carbon footprint.
And if you consider that your environment includes the people around you, LSVs are also healthier in another way: They’re significantly less deadly. The growth of cars, known as vehicle bloat, means that massively heavy trucks and SUVs are killing more cyclists and pedestrians than ever before. Since the lethality of a vehicle increases dramatically with both its speed and weight, LSVs are much safer than typical cars for everyone around them.
Cruise through a city with ease
The compact size of LSVs isn’t just good for parking. It also means LSVs can weave through traffic more efficiently.
This makes them perfect for quick trips across town or for those who prefer to avoid the main thoroughfares.
I once drove through Manhattan and Brooklyn in an LSV and found that at times I could use it almost like a bicycle or motorcycle to slip around gridlocked traffic. That’s not going to be the case all the time, but no one can debate the fact that smaller cars are more nimble, especially in crowded cities.
Less hassle, more freedom
Traditional car ownership in a city can feel like a chain rather than freedom. There are insurance premiums, annual checks, licensing, and the ever-present risk of theft or damage.
LSVs usually come with less red tape. Plus, their simpler mechanics mean there’s less that can go wrong, offering peace of mind.
While some jurisdictions require the same licensing and registration as traditional motor vehicles, others make LSVs ownership easier and less of a hassle. You’ll need to check your local regulations to determine how much easier it is to own an LSV in your city.
Not right for everyone, but great for many
Low-speed vehicles may not fit the needs of everyone out there. But with more cities adopting speed limits in the 20-30 mph range, these 25 mph vehicles can often travel anywhere in a city while being much more convenient to use. There are even great apps that can show you exactly which roads are LSV friendly.
If you’ve been feeling the pressure of city life with a car and yearn for a simpler, more efficient mode of transportation, it might be time to consider a low-speed vehicle. Embrace the freedom without the fuss and make your urban journeys a joy, not a chore!
Robinhood has officially closed its $200 million acquisition of Bitstamp, bringing one of the world’s longest-running cryptocurrency exchanges into its fold and signaling a strategic shift beyond retail trading and into the world of institutions.
The all-cash deal, first announced last year, gives Robinhood an immediate international footprint — including more than 50 active crypto licenses across Europe, the UK, and Asia — as well as an established institutional client base, something the retail trading app has long lacked.
For Robinhood, the deal marks a move into deeper waters: institutional crypto flows, lending and staking infrastructure, and white-label “crypto-as-a-service,” products built for hedge funds, fintechs, and registered investment advisors — all of which require robust systems for custody, price discovery, and settlement.
“I wouldn’t call it necessarily a pivot,” Robinhood Crypto General Manager Johann Kerbrat told CNBC. “For us, it’s combining the strengths of the two businesses. We are one of the largest retail marketplaces in the U.S. … They have products that we don’t have, like order books, crypto as a service, advanced API and lending and staking and thanks to that, we will be able to get into this space, not starting from scratch.”
Robinhood, which launched crypto trading in 2018 and helped drive the meme-coin mania of 2021, has in recent months worked to rebrand itself as a serious player in the next phase of digital asset finance — one that’s increasingly defined by regulation, institutional capital, and cross-border competition.
“Now that we’re starting to see the regulatory clarity coming from Congress and the administration, more and more institutions are going to want to get into crypto,” added Kerbrat.
The Bitstamp deal gives it a head start.
Founded in 2011, Bitstamp is known for its deep liquidity, compliant reputation, and minimalist approach. While not flashy, Bitstamp has weathered multiple market cycles and built longstanding relationships with institutional partners across Europe and Asia — something Robinhood plans to leverage.
Earlier this month, Robinhood also acquiredCanadian crypto firm WonderFi to tap into Canada’s established user base.
“Robinhood is a marketplace. We don’t match orders. And with Bitstamp, we will have a robust product offering that will really allow us to build more on the active trader and advanced trader side of things,” Kerbrat said.
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“That’s going to be a big step for us and really diversify our crypto business, not just from retail in the U.S. — to a global offering,” he said.
It also gives Robinhood a regulatory on-ramp to Europe, where crypto rules are clearer compared to the fragmented approach in the U.S.
The company confirmed it will maintain Bitstamp’s existing interfaces and operations for now, while exploring deeper integration over time. Bitstamp is already being used behind the scenes for smart order routing through Robinhood’s institutional web platform, Robinhood Ledger.
“The flow we’re sending to Bitstamp will make Bitstamp more lively — and attract more institutions,” Kerbrat said.
The acquisition closes at a critical moment for Robinhood.
The fintech player has continued to expand aggressively, including listing new tokens, launching staking, and teasing international product rollouts. Bitstamp’s regulatory track record and licensing portfolio may offer a measure of insulation as Robinhood pushes further into new international markets.
Kerbrat didn’t rule out the possibility of other acquisitions.
“If we can find a way to accelerate by at least 18 months or two years — and we have a lot of great reason to believe this is a great acquisition — it’s something that we’ll definitely look at,” he said.
America’s best-selling electric pickup has been hit with a recall. Ford is recalling certain 2024 and 2025 F-150 Lightning electric pickups over a faulty suspension that could cause a loss of control. Here’s how you can get the fix.
Ford is recalling 29,501 F-150 Lightning pickups
After it was outpaced by the Tesla Cybertruck last year, the Lightning reclaimed its title as the best-selling electric pickup in the US in the first quarter.
A letter sent to the National Highway Traffic Safety Administration (NHTSA) last week shows Ford is now recalling 29,501 F-150 Lightning electric pickups.
The recall impacts 20,528 2024 and 8,973 2025 model years. In the letter, Ford stated that certain Lightning models may have an improperly torqued nut on the ball joint of the front upper control arm. Due to this, the arm can separate from the knuckle assembly, causing the driver to lose control of the vehicle.
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Ford estimates only 1% of the vehicles recalled have the defect. If you hear a “clunk or rattle noise” while the suspension moves, it could be that the ball joint is loose or missing.
2025 Ford F-150 Lightning (Source: Ford)
As of May 16, the company is only aware of one incident related to the issue. In early March, a 2024 Ford F-150 Lightning was towed to a dealership after a customer reported that the front wheel had failed while driving.
After an investigation, Ford is recalling F-150 Lightning pickups produced between February 14, 2024, and April 14, 2025.
2024 Ford F-150 Lightning Flash (Source: Ford)
Owners will be notified by mail to take their vehicle to a dealer for inspection. If the unit fails, dealers will replace the knuckle and nut, free of charge.
Notification letters are expected to be mailed out on June 9. If you have any questions, you can contact Ford’s customer service at 1-866-436-7332. Ford’s recall number is 24S76.
You can also call the NHTSA hotline at 1-888-327-4236 or visit the NHTSA website here. The NHTSA recall number is 24V949.
2025 Ford F-150 Lightning trim
Starting Price
Range (EPA-est miles)
XLT
$62,995
240
Flash
$67,995
320
Lariat
$76,995
320
Platinum
$84,995
300
Platinum Black
$92,995
300
2025 Ford F-150 Lightning prices and range by trim
Despite adding several new charging features, an improved BlueCruise, and a new “Dark Elements” design package, the 2025 Ford F-150 Lightning still starts at $62,995 with a 240-mile range.
Upgrading to the Flash trim, which features 320 miles of range, a 15.5″ touchscreen, added technology, and more, costs $67,995.
The 2025 Ford F-150 Lightning XLT is listed for lease at just $379 per month (24 months) right now. Ready to try the electric pickup for yourself? You can use our link to find offers on the F-150 Lightning at a dealer near you today.
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