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There are plenty of low-cost electric bikes out there, but the lowest-priced options can sometimes be more trouble than they’re worth. Two main sub-$1,000 folding electric bikes have risen to the top of the bang-for-your-buck list, the Lectric XP 3.0 and the Ride1Up Portola.

So which one is right for you?

Lectric XP 3.0 Vs Ride1Up Portola – How did we get here?

The Lectric XP 3.0, as the name suggests, is the third iteration of what has become the best-selling electric bike in North America. The $999 e-bike may not be a masterclass in sexy design, but it sure does manage to jam-pack performance into a low-cost ride. And with a large headquarters in Phoenix, AZ, Lectric Ebikes has proven that a strong support team is just as important as a low price tag.

Ride1Up, another leader in value-oriented electric bikes, got its start shortly before Lectric Ebikes with a wide range of commuter-focused models. The company has recently expanded into new bike styles but is a relative newcomer to the folding e-bike space after launching the Ride1Up Portola earlier this week. The Portola is widely seen as an attempt by Ride1Up to target that lucrative folding fat-tire e-bike slice of of the mobility pie that Lectric has dominating for years.

The two bikes are actually quite similar, so let’s dive in and see how we can differentiate them.

Lectric Ebikes vs. Ride1Up: Price

The Lectric XP 3.0 has long been priced at $999, helping keep it on just about every “best e-bike under $1,000” list out there.

The Ride1Up Portola recently debuted with an MSRP of $995, which makes the difference in price largely meaningless unless you were really hoping to spend your last four dollars on some cool beads for your bicycles spokes.

As part of this week’s launch though, the Ride1Up Portola is actually on sale for $895 though, meaning you’ll save an extra $100 if you decide to buy one by… today. For anyone reading this in the future, we’re probably back to that four-dollar price difference.

Lectric XP 3.0 (step-over frame variant)

Speed and power

Both the Lectric XP 3.0 and the Ride1Up Portola ship as Class 2 electric bikes, meaning they’ll hit 20 mph (32 km/h) out of the box on throttle-only acceleration. They can also both be unlocked via the bike’s display to Class 3 speed, meaning you can use pedal assist to reach a maximum of 28 mph (45 km/h).

The power levels are slightly different though. Lectric claims a 500W continuous power motor with 1,000W of peak power and 55 Nm of torque. The Portola gets a more powerful 750W continuous power motor and 65 Nm of torque (the peak power spec isn’t published).

That means that all else being equal, the Portola is likely to accelerate a bit more quickly and climb hills faster, even if the flat ground top speeds of the two bikes are largely similar. Those that live in hillier areas are more likely to feel that difference, while those that live in flatter areas won’t feel the contrast as significantly.

Ride1Up Portola in “Sea Turqouise” colorway

Battery capacity and range

Advertised range is a highly suspect figure in the e-bike world because it can be affected by everything from tire to pressure to terrain to how much you ate for lunch. The exact same e-bike can get 20 miles or 50 miles of range when switching from power-sipping pedal assist to feet-dragging throttle. That means the best way to compare two similarly sized and relatively similarly powerful bikes is by the battery capacity.

The base battery on the Lectric XP 3.0 and Ride1Up Portola are actually the same capacity. Both are rated at 48V 10.4Ah for 500 Wh of capacity.

Both bikes also come with a larger battery option though, with the Lectric’s measuring in at 48V 14Ah for 672 Wh of capacity and the Ride1Up Portola’s packing slightly less at 48V 13.4Ah for 643 Wh of capacity. Those are quite close, but Lectric takes the cake there.

Consider though that the long-range battery option is only a $100 upgrade from Ride1Up but costs an extra $200 at Lectric, so the slightly smaller battery is technically also slightly more cost effective.

Lectric XP 3.0 (with rear passenger package installed)

Bike components

When it comes to the drivetrain and other bike components, there are several similarities but also a number of key differences.

Both bikes feature hydraulic disc brakes on 180 mm disc rotors. They both feature 20″ x 3″ tires as a nice compromise between comfort and agility. They both feature front and rear LED lights. They both feature simplistic black-and-white LCD displays.

From here, thing start to differ. While both bikes have frame-integrated rear racks, Lectric’s comes with a higher weight rating of 150 pounds vs. the lower weight rating of 130 pounds for the Portola. On the other hand, both bikes have front suspension, but the Portola has 80 mm of travel while the Lectric XP 3.0 has just 50 mm of travel.

The Portola has slightly nicer fenders with adjustable arms for getting the perfect tire spacing (though I tend to just grab the Lectric’s arms and pull on them to bend them and adjust my spacing that way). The Portola also has an 8-speed drivetrain compared to Lectric’s 7-speed, and it powers a slightly higher-quality Shimano Altus derailleur compared to Lectric’s cheaper Tourney derailleur.

Speaking of component quality, this is probably a good time to point out that Ride1Up’s Reention FR-5 battery is also considered to be higher quality than Lectric’s more affordable DCH-006 battery. Neither come with UL-certification at the moment, but both companies are expected to such certification at some point in the future.

Both bikes appear to use current-controlled pedal assist systems (PAS), which is a more refined way to implement a cadence sensor and get faux-torque sensor performance. However, the Ride1Up Portola seems to have a finer degree of adjustability built into the PAS sensor to achieve more precise starts with less lag, down to as little as 10% of a pedal turn. There are also individually programmable PAS levels so riders can fine-tune their PAS to their liking.

ride1up portola electric bike
Ride1Up Portola

Ride1Up Portola vs. Lectric XP 3.0: Convenience

Convenience is very much subjective, but there are a few important differences between these two bikes that play a big role in convenience.

For starters, the Ride1Up Portola has a battery that is removable without folding the bike, while the XP 3.0 requires the bike to be folded while the battery is removed. When it comes time for folding and lifting, the 59 lb. Portola is slightly lighter than the 64 lb. XP 3.0.

For everyday use, the Portola thus is likely slightly more convenient, though the XP 3.0 wins on the first day due to its easier assembly right out of the box. In fact, there’s no assembly required since the Lectric XP 3.0 only needs to be taken out of the box and unfolded to be ready to ride. The Portola arrives “95% assembled,” which basically means just bolting on the handlebars. That’s relatively easy (and there’s an instructional video), but it might still be intimidating to someone who has never worked on a bike before, and it is important that it is done correctly so the bike is safe to steer and ride.

lectric xp 3.0 hydraulic

Design

Design and aesthetics can be subjective, so this section will be partly based on opinion.

Personally, I find the Ride1Up’s frame design to be sleeker and more attractive than the XP 3.0’s boxier-style frame. I also like the wider range of color choices from Ride1Up.

Lectric gives riders the choice of either a step-over or step-thru frame, while the Portola is available in only a step-thru frame. They both have a nice grab handle in the middle of the frame for lifting, so they both get points there.

The wires are run externally on the XP 3.0, which can be a positive for accessibility in the event of repairs or upgrade work, but also doesn’t look as nice as the internally routed hidden wires on the Portola.

The chrome suspension stanchions and silver fender arms on the XP 3.0 will appeal to anyone who prefers a flashier look, while the Portola’s blacked-out stanchions and fender arms offer a more muted look that blends into the bike.

Accessory lineup

The Lectric XP 3.0 is the clear winner when it comes to the breadth of the accessories offered.

Both bikes come with similar main accessories, such as passenger packages that add a rear bench seat with foot pegs, comfort packages with nicer saddles, cargo rack and basket options, phone mounts, and panniers for carrying groceries. But Lectric has many more additional options available, likely due to holding a several-year head start in the folding fat-tire e-bike space.

Lectric also has more niche offerings such as utility trailers, pet carriers, food delivery bags, and more.

lectric xp 3.0 electric bike

What’s the verdict?

Ultimately, both of these are very nice options with incredible bang-for-your-buck value in the sub-$1,000 space.

I’d consider the Ride1Up Portola to be slightly more refined and with slightly better components, but I can’t count out the Lectric XP 3.0’s larger battery option and fully-assembled shipping, not to mention years’ worth of customer documentation for mods, upgrades, and other content already available in online communities. As a new model, it will take the Portola time to rack up that level of online documentation from a broad rider base.

Ultimately though, both models are strikingly similar in terms of actual specs and real-world performance. So the best decision is likely to go with the one that simply tickles your fancy more.

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25% of new cars sold globally in 2025 were EVs – here’s who bought them

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25% of new cars sold globally in 2025 were EVs – here's who bought them

More than 25% of new cars sold globally in 2025 are now electric, according to new analysis from energy think tank Ember. This growth is increasingly driven by emerging markets that, only a few years ago, had minimal adoption of EVs. 

Where the EVs sold in 2025

The analysis reveals that the EV race has truly gone global. There are now 39 countries where EVs make up more than 10% of new car sales, compared with just four in 2019.

The Association of Southeast Asian Nations (ASEAN) became a significant force in global EV adoption in 2025. Singapore and Vietnam have reached EV sales shares of around 40%, overtaking levels seen in the UK and the EU. 

Indonesia has reached 15% this year, surpassing the US for the first time. Thailand has reached 20% and has sold more EVs in the first three quarters of 2025 than Denmark. These shifts demonstrate how rapidly the region is transitioning from a low base to a position of leadership. 

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Euan Graham, electricity and data analyst at Ember, said: “This is a major turning point. In 2025, the center of gravity has moved. Emerging markets are no longer catching up; they are leading the shift to electric mobility. These countries see the strategic advantages of EVs, from cleaner air to reduced fossil fuel imports.” 

Other regions are also gaining momentum. In Latin America, Uruguay has reached a 27% EV share, roughly in line with the EU. Mexico and Brazil continue to show steady growth, now surpassing Japan, where the EV share has remained around 3% since 2022. Türkiye has reached 17%, overtaking Belgium to become Europe’s fourth-largest BEV market by volume.

Emerging markets are buying Chinese EVs

Since mid-2023, almost all the growth in Chinese EV exports has come from non-OECD markets. Brazil, Mexico, the UAE, and Indonesia are among the top 10 destinations for Chinese EV exports this year, as their governments have introduced policies to support EV adoption, including reduced taxes and incentives for domestic manufacturing. 

As more countries take up EVs, the impact on fossil fuel demand is already tangible. EVs are three times more efficient than ICE vehicles, which means they deliver significant reductions in oil use even in countries that still rely heavily on fossil fuels for power generation. In Brazil, where electricity is mostly clean, BEVs cut fossil fuel demand by around 90%. In Indonesia, the number was reduced by nearly half.

Graham said, “Emerging markets will shape the future of the global car market. The choices made now on charging infrastructure and early support will determine how fast this momentum continues.” 

Read more: LAZ Parking plans EV chargers in 50,000 everyday parking spots


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Coinbase adds prediction markets and stock trading in push to be one-stop trading app

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Coinbase adds prediction markets and stock trading in push to be one-stop trading app

Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023.

Michael Nagle | Bloomberg | Getty Images

Coinbase is making its biggest push yet to reposition itself as a mainstream trading and financial platform, moving beyond crypto and into the broader retail investing stack as competitors show there’s real money in always-on engagement products.

The digital asset exchange announced Wednesday that it’s rolling out a major slate of new products designed to turn Coinbase into a one-stop financial app, expanding into stocks, more advanced trading, and prediction markets, while doubling down on its on-chain ecosystem and new tools for businesses, developers, and automated financial guidance.

While many of these offerings have been telegraphed for months, Coinbase says the products are now built, and ready to go.

CEO Brian Armstrong is looking to make his platform the place to trade everything.

That includes stocks, a streamlined futures and perpetuals experience, and prediction markets through Kalshi, alongside a tokenization roadmap aimed at eventually bringing more traditional assets on-chain, including equities.

The area of prediction markets, in particular, is quickly getting crowded.

DraftKings has moved to buy its own exchange, FanDuel is teaming up with CME, and Polymarket is entering the U.S. through a newly approved venue. Robinhood, meanwhile, is putting LedgerX at the center of its regulated push.

The defining rivalry in the space remains Kalshi versus Polymarket, regulated rails versus crypto-native liquidity.

Armstrong said the category’s appeal isn’t just trading, but its insight into sentiment, and what people think will happen next on any given topic.

“If you look at things like economic indicators … or elections, people are using prediction markets to try to figure out what is going to happen next month,” Armstrong told CNBC. “Maybe1% of people use it as an asset class to trade, and 99% of people are using it as a way to figure out what’s going to happen — almost like a competitor to traditional media or maybe even entertainment.”

In the company’s third-quarter earnings call with analysts in October, Armstrong showed just how easily prediction market wagers can be manipulated, rattling off several words that were being bet on.

“I was a little distracted because I was tracking the prediction market about what Coinbase will say on their next earnings call,” Armstrong said. “And I just want to add here the words bitcoin, ethereum, blockchain, staking and Web3 to make sure we get those in before the end of the call.”

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Robinhood underscored that shift this week by expanding prediction markets into sports-style contracts that resemble parlays and prop bets, and by touting the category as its fastest-growing business by revenue.

Coinbase is now bringing the same kind of outcome trading into its own ecosystem, but as a part of a much wider bet that the next-generation brokerage is a single app that blends traditional assets, derivatives, and on-chain rails.

Coinbase is pairing the trading expansion with a tokenization roadmap that signals where it wants the platform to go next, bringing more traditional assets on-chain, including equities.

The company is launching Coinbase Tokenize, an institutional stack intended to support real-world asset tokenization.

Armstrong framed the expansion as a bridge to something bigger.

Trading stocks, he said, is “a good first step,” but the real goal is tokenized equities. If Coinbase can get tokenized equity live, he said, it could “democratize access for people over the world,” and unlock new market structure in the U.S., including more robust, professional futures markets tied to equities.

“So this is the starting point,” he said.

The announcement also extends Coinbase’s push to become a provider of on-chain liquidity — not just a venue for listed tokens.

For businesses and developers, Coinbase is widening its platform story beyond retail trading. The company said Coinbase Business is becoming available to eligible customers in the U.S. and Singapore, and it’s rolling out an expanded API suite spanning custody, payments, trading, and stablecoins.

Armstrong’s broader thesis is that crypto isn’t a niche category, it’s an upgrade cycle for the financial system itself.

“Crypto is updating all financial services,” he said, suggesting that every major asset class will move on-chain over time, from prediction markets and equities to commodities, and eventually real-world assets like real estate.

Even the largest asset managers, he said, are signaling they want to migrate funds on-chain, positioning Coinbase as a central platform for that transition.

Coinbase is also introducing “custom stablecoins” for companies that want branded stablecoin rails, and spotlighting x402, a payments standard the company says is meant to make stablecoin payments easier to attach to web requests — including for automated commerce and agent-driven transactions.

The strategic throughline is retention and diversification.

Coinbase already owns a large crypto-native audience, and it wants that customer to stay on its platform for every asset class, even when crypto volumes cool and transaction revenue compresses.

WATCH: What to know about Robinhood’s new prediction market features

What to know about Robinhood's new prediction market features

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First savings hits Navee XT5 Pro long-range off-road e-scooter for $1,400, Anker SOLIX 60,000mAh power station $108, Lectric, more

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First savings hits Navee XT5 Pro long-range off-road e-scooter for ,400, Anker SOLIX 60,000mAh power station 8, Lectric, more

Our mid-week Green Deals is headlined by a surprise first-ever holiday deal on the brand-new Navee XT5 Pro Long-Range Off-Road Electric Scooter at $1,400, which boasts some serious premium upgrades. Right behind it, we have Anker’s SOLIX C200 DC Compact Power Station, and its larger C300 counterparts, that start from $108, as well as a roundup of Lectric’s three e-bikes getting up to $500 price cuts and $220 bundles that start from $1,399, Bluetti’s current 48-hour Christmas flash sale through December 18, and much more waiting for you below. And don’t forget about the hangover deals that are collected together at the bottom of the page, like yesterday’s Velotric Christmas e-bike Gift Season Sale, the new $999 low on Heybike’s dual-battery Hauler cargo e-bike, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

First savings just hit Navee’s newest feature-packed XT5 Pro long-range off-road electric scooter for $1,400

Navee’s official Amazon storefront is undercutting the brand’s direct Christmas Sale pricing on its brand-new XT5 Pro Long-Range Off-Road Electric Scooter for $1,399.99 shippedafter clipping the on-page $200 off coupon. This model just hit the market early last month with a $1,500 price tag, which is where it’s still priced direct from the brand. At Amazon, however, it started off priced at $1,700 and dropped to $1,600 right before Black Friday, with today’s deal being the first official chance at cash savings that we’ve spotted. While this deal lasts, you’re getting $100 off the going rate that sets the bar for future discounts, while also upgrading your commutes/joyrides with the brand’s take on a superscooter.

The most high-end of Navee’s e-scooter lineup that even outpaces the flagship ST3 Pro, this new XT5 Pro Long-Range Electric Scooter is an off-roading superscooter that comes with bolstered durability from its carbon steel frame, while also being the second series to boast the brand’s unique damping arm suspension system. It arrives equipped with a 750W motor that can peak as high as 2,200W for seriously monstrous power, with the entire thing powered by a 596.7Wh battery. This combination gives it a travel range of up to 46.6 miles on a single six-hour charge (with a 1.5-hour flash charging feature available), maxing out at 31 MPH top speeds for the thrill seekers amongst you. It even comes with an add-on option through a 468Wh external battery (sold separately) that increases the mileage with up to 34 miles of extra travel.

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As Navee’s XT5 Pro electric scooter is a more premium commuter, it should be no surprise that it comes loaded with a premium array of features, including smart features like Apple Find My, Bluetooth proximity locking/unlocking, app-based setting customization, and more. Your riding experience is also further heightened by the stock features that include a triple braking system (dual front and rear disc brakes, as well as a rear regenerative EABS brake), 12-inch off-road tubeless tires, an auto-on headlight, mecha-style logo lamps in the stem, a brake-activated taillight, front and rear built-in turn signals, the brand’s traction control system, a 5-inch full color display, and much more.

As I mentioned, alongside this surprise Navee XT5 electric scooter deal, the brand also has its ongoing Christmas Sale with up to 30% discounts still going right now, which offers its e-scooters at some of the best rates starting from $200.

Anker SOLIX C200 DC power station on rock with drone, projector, and speaker

Get 60,000mAh/192Wh support for devices from Anker’s SOLIX C200 DC power station at $108 for Xmas, more from $162

As part of its ongoing Christmas Sale, Anker SOLIX is offering its C200 DC 60,000mAh/192Wh Compact Power Station at $108.49 shipped, which matches in price at Amazon while also beating out the current price of the predecessor PowerCore Reserve by $7. While it carries a $200 MSRP, you can find it starting lower at $170 at Amazon, with discounts over the year having taken the costs as low as $100, most recently during Black Friday through Cyber Monday over two weeks ago. You’re looking at the third-best price we have tracked while the $62 savings last ($92 off the MSRP), only beaten out by that $100 low and $105 rates that sporadically pop up. If you want to go bigger, you can also find the C300 DC and C300 AC 90,000mAh models starting from $162.

If you want to learn more about these compact power stations, be sure to check out our original coverage of these Christmas deals here. You can also go even larger by taking advantage of Anker’s current SOLIX Christmas Sale deals, with up to 65% discounts across its entire power station lineup that starts from $162.

man standing with Lectric ONE e-bike

Save up to $720 on these three Lectric e-bikes with price cuts to lows starting from $1,399 for Xmas

Looking back in on Lectric’s ongoing Christmas Holiday Sale event, we wanted to shine a spotlight on the three e-bikes receiving rare price cuts over the usual free bundle packages – a first for so many models at once. The biggest of these price cuts that also retains a bundle is Lectric’s ONE e-bike Long-Range Belt-Drive Commuter e-bike with a $220 FREE bundle of gear at $1,899 shipped. This entire package would normally run you $2,619 at full price, with a repeat of the $500 price cut we’ve been seeing more frequently since Labor Day to its all-time lowest tracked price, along with a FREE rear cargo rack and fender set. While the deadline to receive it before Christmas has passed, you can still secure it and all the other e-bikes with some of their best deals to kick-off your new year with a new commuting option.

If you want to learn more about this premium e-bike, or the other models getting Christmas price cuts, be sure to check out our original coverage of these deals here, while you can also browse the brand’s full Christmas lineup here.

woman using Bluetti Elite 10 mini power station to charge laptop on plane

For 48 hours, you can pick up Bluetti’s latest Elite 10 Mini power station at a new $109 Xmas flash sale low (Save $90), more

As part of its ongoing Christmas Sale, Bluetti has a 48-hour flash sale running that is taking up to $199 off three different offers, with a notable standout in the Elite 10 Mini Power Station for $109 shipped, which sadly cannot be stacked with the exclusive 5% off savings code, but does beat out its Amazon pricing by $10. While carrying a $239 MSRP direct from the brand, you can find it starting lower at Amazon for $199, with the holiday discounts that started last week having only taken the costs down to $149, before falling to $119 and then $109 during this flash sale window. While these $90 savings ($130 off the MSRP) last through December 18, you’re able to score it at a new all-time low price, with another flash offer being two of these stations for $199 shipped.

If you want to learn more about this mini power station, or browse the full lineup of temporary deals, be sure to check out our original coverage of this flash sale here.

RENPHO foot massager next to Christmas tree and presents
REDTIGER F7NP dash cam
Anker eufy solar smart security camera mounted on outdoor wall in rain
Lectric e-bike Christmas banner

Best Winter EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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