If you live in New York City and enjoy getting around on two wheels, prepare to get hit with a whiplash of good and bad news from major micromobility providers in the city. Revel, known for its bright blue electric mopeds, is sunsetting those zippy little commuter machines in favor of cars. But on the other hand, the size of the electric Citi Bike fleet is set to grow considerably.
We’ve covered Revel’s rise since its early days of prototype testing all the way back in 2018. The company got its start in NYC and grew to several cities around the US. Its original business model was based on rent-by-the-minute seated electric scooters or mopeds that could carry up to two riders as well as a modest amount of cargo.
The 30 mph (48 km/h) scooters were praised for their small yet efficient size, allowing riders to skirt past grid-locked city traffic and travel at higher speeds than e-bikes yet without the added congestion or energy waste of full-size cars.
However, Revel wasn’t without problems and slowly reduced the size and scope of its scooter operations. From a peak of over 6,000 electric scooters in the US, the company now has under 3,000 scooters and operates in just New York City and San Francisco, having previously pulled out of Washington DC and Miami.
Now Revel’s NY and CA scooter operations are sunsetting as well as an announcement this week put an end to scooter operations in both locations. Instead, Revel plans to double down on its ridesharing services as well as electric car charging stations, which have been comprising a larger portion of the company’s revenue lately.
According to TechCrunch, “The last day of service will be November 18. Revel will send the decommissioned mopeds to recycling facilities in New York and the Bay Area over the next two weeks.”
On the lighter electric two-wheeler front, NYC’s shared bicycle program Citi Bike will be doubling the number of electric bikes in the program, which currently number at 10,000.
Compared to pedal bikes, many New Yorkers have taken more favorably to the electric Citi Bikes as they don’t require as much strenuous effort. Pedaling is still required to operate the bikes but riders are able to cover the same distance with less physical exertion, meaning arriving at their destination without getting as sweaty.
However, even on the Citi Bike front, the news isn’t all good news. As many have praised the doubling of the electric fleet, others have been dismayed by the lack of expansion of the program’s footprint in the city.
The electric Citi Bikes will also see a speed reduction from the current speed limit of 20 mph down to 18 mph. City Hall said the Department of Transportation also confirmed that they will be launching a public awareness campaign to teach riders about safe e-bike operations, likely in response to some concerns among the public who worry about riders operating the e-bikes unsafely. The announcement did not mention any additional safety programs regarding cars and trucks in the city, which are responsible for vastly more serious injuries than bicycles or e-bikes.
The Citi Bikes program is widely regarded as a resounding success in the city. Streetsblog refers to it as a “transit phenomenon” and explained that in August 2023, the system “set a monthly record with over four million rides, up 63 percent from the same month in 2019. On Oct. 28, there were 161,422 Citi Bike rides, which the DOT believes represents one-quarter of the total cycling trips on an average day in New York.”
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Hyundai offered a first look at the hot hatch earlier this week after unveiling the Concept Three, its first compact EV under the IONIQ family. The new EV, set to arrive as the IONIQ 3, already has a sporty, hot hatch look, but that could be just the start.
Hyundai has a new EV hot hatch in the making
The Concept Three took the spotlight at IAA Mobility in Munich with a daring new look from Hyundai. Based on its new “Art of Steel” design, the concept is a stark contrast to the Hyundai vehicles on the road today.
Hyundai took the “Aero Hatch” design to the next level, deeming it “a new typology that reimagines the compact EV silhouette.” And that it does.
When it arrives in production form in mid-2026, it’s expected to take the IONIQ 3 name as a smaller, more affordable sibling to the IONIQ 5.
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Hyundai is set to unveil the electric hatchback next spring with an official launch planned in Europe in September 2026. According to Hyundai’s European boss, Xavier Martinet, the IONIQ 3 could make for the perfect EV hot hatch.
The Hyundai Concept THREE EV, a preview of the IONIQ 3 (Source: Hyundai)
Martinet hinted that the IONIQ 3 could receive the “N” treatment, telling Auto Express that “The concept is quite sporty, and obviously you have heritage with N brand.” Hyundai’s European boss added that “it’s a fair topic to consider.”
Although it doesn’t sound too convincing, Hyundai’s head of design, Simon Loasby, called it “an opportunity.” Loasby was quick to add, “We’re not calling it N, it’s not approved yet.”
The Hyundai Concept THREE EV, a preview of the IONIQ 3 (Source: Hyundai)
“But I think everyone in the company is realising what Europe needs, and that’s compact hot hatches, so it’s a topic for discussion,” Hyundai’s design boss added.
The Concept Three is 4,287 mm long, 1,940 mm wide, and 1,428 mm tall, with a wheelbase of 2,722 mm, or about the size of the Kia EV3 and Volkswagen ID.3. Both of which are set for hot hatch variants.
The Hyundai Concept THREE EV, a preview of the IONIQ 3 (Source: Hyundai)
If the IONIQ 3 N does come to life, it will be the third Hyundai EV to receive the high-performance upgrade, following the IONIQ 5 N and IONIQ 6 N.
The IONIQ 5 N “was just the first lap,” according to Joon Park, vice president of Hyundai’s N Brand Management Group. He told Auto Express that Hyundai is “at the starting line” and plans to apply what it learned from its first EV hot hatch to upcoming models.
If you’re looking for an affordable electric hot hatch, Hyundai already offers one. After Hyundai cut lease prices last month, the IONIQ 5 N is now listed at just $549 per month. That’s $150 less per month than in July.
The global wind industry is going to hit some unprecedented growth milestones, according to Wood Mackenzie’s Global Wind Power Market Outlook for Q3 2025. The world is on track to add its second terawatt of wind capacity by 2030. To put that in perspective, it took 23 years to install the first terawatt, which was reached in 2023. The second will come in just seven.
Wind is also set for a record-breaking year in 2025. Global additions are expected to reach 170 gigawatts (GW), with more than 70 GW coming online in the last quarter of the year alone. That means Q4 could add more capacity than the total installed in any full year before 2020.
This forecast represents a 13% jump from the previous quarter, primarily driven by explosive onshore growth in China. Global wind capacity is expected to double from 2024 levels by 2032. Outside of China, the industry is also expanding, though on a slower path. Excluding China, the world will reach 1 terawatt in 2031 and double 2024 capacity by 2034.
However, policy uncertainty and the Trump administration’s hostility toward the wind industry, particularly offshore wind, are negatively impacting the US market. Trump’s big bill act (OBBBA), passed in July 2025, ends tax credits after 2027. That’s sparked a rush of projects in the short term, but it drags down the long-term outlook. For the first time, the US has fallen behind India and Germany in forecasted 10-year additions.
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“China’s dominance in the wind industry is becoming more pronounced,” said Sasha Bond-Smith, research analyst at Wood Mackenzie. “While other established markets struggle with policy uncertainty and economic headwinds, we’re witnessing an unequalled concentration of growth in China that’s reshaping the industry landscape.”
China’s onshore forecast jumped this quarter thanks to rising electricity demand from data centers and electrification. Wind is proving more profitable than solar in liberalized power markets, but China’s offshore wind sector is facing challenges. Sea-use conflicts are slowing or even halting projects already under construction.
Despite those hurdles, Wood Mackenzie now projects that wind could match solar’s power output in China over the forecast period. That would cement wind’s central role in helping the country meet climate goals while keeping up with surging power demand.
Elsewhere, onshore wind remains steady across Europe, Asia Pacific, and emerging markets, with tender results and pipelines supporting progress. Offshore wind is struggling, though. High costs and failed tenders are creating setbacks in Europe and delays in emerging markets. Policymakers are under pressure to rethink contract structures to keep projects moving.
“The wind industry’s most significant transformation in decades continues to unfold,” said Kárys Prado, senior research analyst at Wood Mackenzie. “While achieving historic scale, success will depend on how effectively the industry navigates this new geography of growth and adapts to evolving policy landscapes.”
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla unveiling its new Megablock product, bunch of new EVs at IAA, the debacle at Hyundai’s plant, and more
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