Honda’s new electric scooter and e-bike show it’s serious about electric two-wheelers
Honda has been on a roll lately, pumping out interesting and innovative electric two-wheelers including scooters and bicycles. Could the Japanese automaker suddenly be taking the segment more seriously?
Honda is a veritable powerhouse in the automotive and motorcycle markets. But it’s no secret that the company has lagged behind many other major manufacturers when it comes to electric vehicles. The upcoming Honda Prologue is the company’s first electric SUV and its long-awaited debut appears set for next year. But it pales in comparison to the extensive lineup of electric cars, SUVs, and trucks produced by other manufacturers, many of which have already been on the road for years.
However, the company has just shown off two very interesting light electric vehicles that are targeted at a very different market: micromobility.
We’ve followed the Honda Motocompacto for several months as the small folding electric scooter has steered its way towards consumers. Just last week Honda finally opened the order books for the Motocompacto, bringing the $995 retro-inspired electric scooter to market. It may be small, but Honda sells it from its traditional automotive dealerships and treats it like any other vehicle in its catalog.
At the same time, we got our first look at an interesting electric bicycle concept from Honda, showing off how the company could enter the electric bicycle market with a promising entry. The bike eschews futuristic and difficult-to-manufacturer designs, instead opting for many off-the-shelf bicycle components that allowed Honda to focus its design energy on an innovative frame and construction.
The result was an electric bicycle that actually looks ready to produce, though we don’t yet have any indication that Honda is planning on bringing its electric bike to market.
These two examples may be the most recent, but they’re hardly the company’s only foray into electric two-wheelers. Honda has produced an electric version of its PCX electric scooter for years and more recently rolled out Honda Cub remakes that feature electric drivetrains.
The company even claims to be hard at work on developing four new electric motorcycles said to debut by 2025.
As urban landscapes become increasingly congested and the global community grows more environmentally conscious, Honda appears to have recognized the need for sustainable and efficient mobility solutions – even if that realization hasn’t made it into the company’s automotive department. Honda is diversifying its portfolio and aligning with the green transition, reshaping the mobility sector by venturing into producing electric scooters and potentially electric bicycles.
Electric scooters and bicycles offer many advantages over full-size cars (or even combustion engine scooters and motorcycles), including reduced emissions, lower operational costs, and the convenience of navigating tight city spaces. Electric bicycles even add their own significant health benefits as well. Honda’s move to embrace these platforms could suggest a strategic shift towards capturing the growing market of eco-friendly commuters, potentially signaling their growing interest in small-scale EV technology.
But the development of electric scooters and bicycles is likely more than a business expansion for Honda – it’s a signal of what’s to come. By focusing on EVs, and especially smaller two-wheeled EVs, Honda could contribute to the reduction of urban air pollution and the global carbon footprint, supporting the worldwide effort to combat climate change.
With its eyes hopefully finally set on the future, Honda may not just be adapting to the electric revolution, but could actively help shape it. A steady stream of light electric motorcycle startups has moved in to fill the void left by major manufacturers like Honda, but that doesn’t mean we should count such larger companies out.
If legacy manufacturers realize it’s not too late, they could play a significant role here. Kawasaki was late to the e-motorcycle market but recently released a pair of respectable, albeit low-powered models, showing anything could still be possible this early in the burgeoning electric two-wheeler market.
Honda appears to be aiming even smaller in the beginning with e-bikes and e-scooters, but filling that role is no less important. As the company develops and launches its small-scale electric vehicles, it reiterates the importance of key players in driving the transition towards a more sustainable and electrified future on two wheels.
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Powered by tech giant Huawei 5G-Advanced network, a fleet of over 100 Huaneng Ruichi all-electric autonomous haul trucks and heavy equipment assets have been deployed at the Yimin open-pit mine in Inner Mongolia.
With more than 100 units on site, China’s state-backed Huaneng Group officially deployed the world’s largest fleet of unmanned electric mining trucks at the Yimin coal plant in Inner Mongolia this past week. The autonomous trucks use the same Huawei Commercial Vehicle Autonomous Driving Cloud Service (CVADCS) powered by the ame 5G-Advanced (5G-A) network that powers its self-driving car efforts. Huawei says it’s the key to enabling the Yimin mine’s large-scale vehicle-cloud-network synergy.
Huawei is calling the achievement a “world’s first,” saying the new system has improved operator safety at Yimin while setting new benchmarks for AI and autonomous mining.
The autonomous mine project aligns with a broader push by Chinese government and industry to integrate AI and advanced connectivity into traditional industries – an approach we’ve already seen meet with great success in port environments by Hesai and Westwell.
And, if technology like Rocsys’ charging robots take off, these autonomous haul trucks won’t even need anyone to plug them in at the end of their shifts!
For their part, Huaneng Ruichi claims its cabin-less electric offer an industry-leading 90 metric ton rating (that’s about 100 imperial tons) and the ability operate continually in extreme cold temperatures as low as -40° (it’s the same, C or F), while delivering 20% more operational efficiency than a human-driven truck.
The Huawei-issued press release is a bit light on truck specs, but similar 90 tonne electric units claim 350 or 422 kWh LFP battery packs and up to 565 hp from their electric drive motors and some 2,300 Nm (1,700 lb-ft) of tq from 0 rpm.
Huawei executives said the Ruichi trucks reflect the company’s vision for smarter mining operations, with the potential to introduce similar technologies in markets like Africa and Latin America. The 100 asset electric fleet marks the first phase of a plan to deploy 300 autonomous trucks at the Yimin mine by 2028.
Electrek’s Take
From drilling and rigging to heavy haul solutions, companies like Huaneng Group are proving that electric equipment is more than up to the task of moving dirt and pulling stuff out of the ground. At the same time, rising demand for nickel, lithium, and phosphates combined with the natural benefits of electrification are driving the adoption of electric mining machines while a persistent operator shortage is boosting demand for autonomous tech in those machines.
The combined factors listed above are rapidly accelerating the rate at which machines that are already in service are becoming obsolete – and, while some companies are exploring the cost/benefit of converting existing vehicles to electric, the general consensus seems to be that more companies will be be buying more new equipment more often in the years ahead – and more of that equipment will be more and more likely to be autonomous as time goes on.
SOURCES | IMAGES: Huawei, South China Morning Post, and Supply Chain Digital.
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Tesla has started accepting Cybertruck trade-ins, something that wasn’t the case more than a year after deliveries of the electric pickup truck started.
We are starting to see why Tesla didn’t accept its own vehicle as a trade-in: the depreciation is insane.
The Cybertruck has been a commercial flop.
When Tesla started production and deliveries in late 2023, the vehicle was significantly more expensive and had less performance than initially announced.
At one point, Tesla boasted having over 1 million reservations for the electric pickup truck, but only about 40,000 people ended up converting their reservations into orders.
Now, Cybertruck inventory is sitting unsold for months and Tesla is having to offer heavy discounts to move them.
We previously reported that Tesla refused to accept the Cybertruck, its own vehicle, as a trade-in more than a year after starting deliveries.
Tesla didn’t share an explanation at the time, but we assumed that the automaker knew the Cybertruck was depreciating at an incredible rate and didn’t want to be stuck with more trucks than it was already dealing with.
Now, Tesla has started taking Cybertruck trade-ins, at least for the Foundation Series, and it is now providing estimates to Cybertruck owners (via Cybertruck Owners Club):
Tesla sold a brand-new 2024 Cybertruck AWD Foundation Series for $100,000. Now, with only 6,000 miles on the odometer, Tesla is offering $65,400 for it – 34.6% depreciation in just a year.
Pickup trucks generally lose about 20% of their value after a year and 34% after about 3-4 years.
It’s also wroth nothing that Tesla’s online “trade-in estimates” are often higher than the final offer as noted in the footnote o fhte screenshot above.
Electrek’s Take
This is already extremely high depreciation, but Tesla is actually trying to save face with estimates like this one.
As Tesla wouldn’t even accept Cybertruck trade-ins, used car dealers also slowed down their purchases as they also didn’t want to be caught with the trucks sitting on their lots for too long.
On Car Guru, the Cybertruck’s depreciation is actually closer to 45% after a year and that’s more representative of the offers owners should expect from dealers.
That’s entirely Tesla’s fault. The company created no scarcity with the Foundation Series. They built as many as people wanted. In fact, they built too many and ended having to “buff out” the Foundation Series badges on some units to sell them as regular Cybertrucks and as of last month, Tesla still had some Cybertruck Foundations Series in inventory – meaning they have been sitting around for up to 6 months.
Now, Tesla is stuck with thousands of Cybertrucks, early owners are already getting rid of their vehicles at an impressive rate, and the automaker had to slow production to a crawl.
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Australian logistics company Linfox is making big moves to electrify its heavy-duty semi fleet with the addition of thirty new Volvo FH and FM Electric semi trucks as the Swedish brand works to begin production at its Brisbane facility.
Volvo Trucks is expecting to begin full scale production of its FH and FM Electric semi trucks at the Brisbane factory in early 2026, just in time to fill the Linfox order – which happens to be the company’s largest in Australia. So far.
“We are very proud to continue our close partnership with Linfox. The order for 30 Volvo electric trucks is proof of their trust in our company and in zero-emissions transport as a viable solution here and now,” said Roger Alm, President Volvo Trucks. “Our commitment to start building electric trucks in Australia demonstrates our confidence in this technology, and means we can offer an industry-leading range of purpose-built electric trucks all around the world.”
With the production kickoff of electric trucks in Australia, it means Volvo Trucks is building its big HDEVs and prime movers in five countries on three continents. Which, as the company’s electric fleet approaches the 100 millionth mile logged mark, probably means they’re pulling well ahead of some of the other guys.
“Linfox is excited to partner with Volvo in driving the future and leading sustainable logistics in Australia,” explains Peter Fox AM (Member of the Order of Australia), Executive Chairman of Linfox. “Further electrifying our fleet sets the standard for us and our customers and the entire industry.”
Linfox’ latest order includes 29 Volvo FH Electric and one FM Electric semi. The company currently has four electric Volvo trucks in its fleet of 195 semis, with plans to continue to electrify as ICE-powered assets reach retirement.
Electrek’s Take
Now counting miles in operation in the tens of millions and rolling out its third generation of electric semi trucks, Volvo (and, by extension, Mack and Renault) continue to build a huge lead in the commercial trucking space. The competition, meanwhile, seems content to post pictures of its first factory while trucks that have been on order for years still haven’t reached customers.
I can’t see how they (Tesla) catch up from here.
SOURCE | IMAGES: Volvo Trucks.
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