Micromobility America is set for its latest annual US-based conference, bringing together many of the leading companies, consultants, policymakers, and more in the micromobility industry. Two days of e-bikes, e-scooters, and just about everything else is set to kick off later this week.
Running from October 19-20, 2023, the Micromobility America conference will showcase “over 100 speakers from different areas of the alternative transportation universe, including founders, journalists covering the industry, politicians and policymakers, investors, and so on. Over 1,500 attendees are expected to join the event, taking part in presentations, product launches, award shows, test rides, networking events, and more.”
The first day of the conference is expect to be largely industry-related, focusing on B2B (business to business) topics.
The second day will expand to include more B2C (business to consumer) subjects and will include the first ever “Ride of a Lifetime,” a mass group ride from the venue through the streets, featuring giveaways, music, and more. The group ride was inspired by the successful Rave Ride earlier this year that capped off the Amsterdam-based component of the show, Micromobility Europe.
One of the many highlights of this year’s show is a series of thought-provoking panels attended by CEOs, journalists, policymakers, and other leading individuals in the industry. The panels include “The Shifting Landscape of Shared Micromobility,” “The Road to Retail: How to Sell Small EVs,” “Innovations in Last-Mile Logistics: Delivery Robots, Drones, and Beyond,” “Delivering Change: How to Get More Couriers on Two-Wheels,” and many more.
The attendee and presenter list is sprawling this year and seems to be branching out even wider, especially into the electric motorcycle space. Light electric motorcycle companies like Ryvid and Land will be in attendance, as well as what looks to be dozens of e-bike and e-scooter companies. The Startup Awards section is a great chance to see new, up-and-coming companies with fresh ideas and new takes on existing problems in the industry. The test track area brings together dozens of interesting light electric vehicles for a chance to test new rides that many people only ever get a chance to see in pictures and videos.
Ticket prices for the entire show aren’t for the faint of heart, priced at US $450 up to today (and that even includes a discount!), though the event is largely targeted toward industry and commercial attendees. For those that just want to come and test ride all of the interesting vehicles, US $10 will net you a pass to the Ride Expo on October 20 from 12:30 p.m. to 4:30 p.m.
The Ride of the Lifetime festival-like group ride will likely depart from the event at the Craneway Pavillion around 4:30 p.m. at the end of the Ride Expo. Anyone already taking part in the Ride Expo can join up, but if you want to experience the fun while keeping it completely free, then don’t tell anyone I told you this, but you can probably just hang around the parking lot around that time with your bike or scooter, and then join in with the massive group ride through the streets when they depart the event. If the Amsterdam show was any indication, the group ride included tons of locals who just happened to be around and joined in for the fun.
To see what the group ride will likely look like, check out my video below from the Amsterdam show earlier this year. The Rave Ride starts at around 7:50 p.m.
Electrek’s Take
I attended this conference last year, as well as the European version earlier this year, and both were an awesome experience to talk to some of the most important movers and shakers across the industry. The event is heavily attended by CEOs of most of these major e-bike, e-scooter, and e-moto companies.
Being able to test so many different vehicles, especially back-to-back in order to make direct comparisons, is an invaluable experience.
On a personal note, I unfortunately won’t be able to attend the show this year. I had been on the speaker list, but I live in Israel and after the Hamas terror attacks on October 7, I’ve been supporting the defense of my country, working when I can, and protecting my family. In fact, I wrote around half of this article from my laptop in a bomb shelter after escaping the third rocket barrage today on Tel Aviv. I would love nothing more than to be spending my time at the show, discussing and riding e-bikes, e-scooters, and every other form of alternative personal transportation. But fighting the ugly evils of terrorism has taken precedent. If you are a person of faith, please pray for all of us. If you are not, I hope you will send your positive energy. Both we as Israelis and the many innocent Palestinians that do not support Hamas deserve to live in peace as neighbors in our own countries. The atrocities committed by terrorists seek to prevent that peace. Through their removal, hopefully we can find the peace we all deserve.
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Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict.
Anton Petrus | Moment | Getty Images
Oil prices gained ground on Tuesday, as Ukraine war escalations raised questions over the resilience of Russian supplies, while uncertainty lingers over the impact of Washington’s policies on key oil consumers.
Brent futures with November expiry were at $69.46 per barrel at 10:54 a.m. London time ( 5:54 a.m. E.T.), up 1.92% from the Monday close.
The front-month October Nymex WTI contract was trading at $65.97 per barrel, higher by 3.06%. WTI futures did not settle on Monday because of the U.S. Labor holiday.
Russia supply
Moscow and Kyiv have ramped up fire exchanges in their three-and-a-half-year conflict, with Reuters calculations pointing to Ukrainian drone attacks shutting down facilities accounting for at least 17% of Russia’s oil processing capacity. CNBC could not independently verify the report.
Ukrainian President Volodymyr Zelenskyy vowed “new deep strikes” against Russia in a social media post over the weekend, without disclosing details. His pledge comes amid stalling U.S. and European efforts to draw Kremlin leader Vladimir Putin into conceding to bilateral ceasefire talks with his Ukrainian counterpart.
The White House has separately piled on indirect pressure on Russia’s oil consumers, implementing additional levies on imports of Indian goods it attributed to New Delhi’s ongoing purchases of Moscow’s crude. India has criticized the impositions as “unfair, unjustified and unreasonable.”
In a further sign of deteriorating relations, U.S. President Donald Trump on Monday doubled down on lambasting Washington’s trade ties with India as a “totally one sided disaster.”
Critically, Washington has yet to move against China, the world’s largest crude importer and Russia’s biggest oil buyer since the introduction of G7 sanctions. Putin, Chinese President Xi Jinping and Indian Prime Minister Narendra Modi met at this week’s Shanghai Cooperation Organization (SCO) summit, in a show of Global South unity.
OPEC+
Also on the supply side, oil investors are looking out for output policy signals from an eight-member subset of the OPEC+ alliance – comprising heavyweights Russia and Saudi Arabia, alongside Algeria, Iraq, Kazakhstan, Kuwait, Oman and the United Arab Emirates – which are due to deliberate potential production steps on Sept. 7. The group, which recently expedited unwinding a 2.2-million-barrels-per-day production cut, is widely seen as unlikely to change course on strategy this week.
“We believe, just like the broader market, that the group will leave production levels unchanged for October,” ING analysts said Tuesday. “The scale of the surplus through next year means it’s unlikely the group will bring additional supply onto the market. The bigger risk is OPEC+ deciding to reinstate supply cuts, given concerns about a surplus.”
U.S. rates
Market participants are likewise following this week’s release of the U.S. August job report, expected to be factored into the U.S. Federal Reserve’s monetary policy meeting of Sept. 16-17. The Fed is currently widely expected to lower interest rates at the time, in a move that could echo into a softer greenback and push up demand for U.S.-denominated commodities, such as oil.
BMW Motorrad just dropped a futuristic electric motorcycle concept that looks like it rolled straight out of a sci-fi movie and into a design studio. The new concept, called the BMW Motorrad Vision CE, is the company’s latest attempt to answer a question that’s been bouncing around for a while now: What should an electric BMW motorcycle actually look like?
Apparently, the answer is: not like anything else on the road.
Where traditional cruisers are low-slung and heavy with chrome, BMW’s new electric concept is lean, sharp, and unapologetically modern. The design team says it blends “emotional tech” with urban performance, which sounds like marketing fluff to me. But what we’re really looking at here is a sleek mashup of café racer attitude, cyberpunk energy, and hidden electric performance.
A structural canopy and a four-point harness work together to provide enclosed protection, meaning riders won’t necessarily need a helmet like on a traditional motorcycle – though eye protection is still a must.
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The CE 04-based concept bike still keeps some familiar lines, like a long, low silhouette and exposed mechanical elements, but everything else is turned up to eleven. LED lighting slashes through the front end. A massive disc-style rim dominates the rear. The bodywork floats above the drivetrain. And the whole bike looks like it could transform into a drone if you pressed the right button.
Under the hood – well, under the body panels – BMW hasn’t revealed exact specs yet, but the CE-04 platform this is based on was already pushing 31 kW (42 hp) and a top speed of 120 km/h (75 mph), making it ideal for urban riding and modest highway hops.
BMW says the Motorrad Vision CE is more than just a design exercise. It’s a glimpse at how the brand plans to evolve its iconic Motorrad DNA into the electric age. And while the bike is just a concept for now, it wouldn’t be the first time BMW took something wild off the show stand and eventually turned it into a production machine. (Remember the original CE 04 concept? Yeah, that’s a real bike you can overpay for and ride right now.) And of course, how could we not mention the original BMW C1 that adopted a similar helmet-free semi-enclosed cage design 25 years ago?
BMW has already made it clear that it sees electric mobility as the future of urban riding, and with the CE lineup forming the core of that push, we might not have to wait too long to see something like this actually hit the streets.
So if you’ve been waiting for a proper electric motorcycle that doesn’t just replace the engine but reimagines the whole experience to feel less biker-like, BMW’s latest concept might just be a glimpse at what’s coming next, reimagining the past with a focus on the future.
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Stark Future, the Spanish electric motorcycle maker that turned the off-road world on its head, just locked in a fresh round of funding, pushing its total capital raised past €100 million. And unlike the big, flashy VC rounds we usually see, this one came mostly from existing backers and a few hand-picked newcomers, including some heavy hitters from the MotoGP world.
In what has become classic Stark style, the round was closed quickly and quietly, underscoring just how confident investors are in the brand’s growth trajectory. CEO and founder Anton Wass says the company intentionally offered a “very attractive valuation” to those who already believed in the mission.
“We managed to close it within a couple of weeks,” said Wass. “It’s a strong testament to the results our team has created.”
And it’s not just hype. Stark has proven it can build bikes that not only compete with gas-powered motocross machines, but completely outclass them. Their flagship model, the all-electric Stark VARG, claims the title of most powerful motocross bike ever made. Riders have already racked up tens of millions of kilometers on the VARG, and the bike has helped convert thousands of motocross enthusiasts to battery power. The model even got e-motos banned from the X-Games when the organizers feared that gas-powered bikes couldn’t keep up.
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That kind of traction, paired with the company’s rapid expansion into over 70 countries, explains why investors are still lining up to get a piece of the action.
But what really makes Stark stand out in the electric motorcycle world is its quick path to profitability. That’s a rare word in the electric motorcycle space, especially for such a young company. Just two years after their first deliveries, and within six years of founding, Stark Future is profitable and thriving. With each passing year, they seem to be improving margins, growing revenues, and launching new platforms.
And speaking of new platforms, those are coming, too. The company teased “very exciting new products” on the way, though didn’t drop specifics just yet. From the rumor mill though, it sounds like the company is preparing street models that could give gas bikes a run for their money. And if they’re anything like the VARG, we can certainly expect bikes that push boundaries and continue proving Wass’s bold thesis: electric motorcycles can outperform internal combustion in just about every way.
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