November has always been a good time to snag a big discount on e-bikes in the US, as electric bike makers long ago gave up on shorter Black Friday sales in favor of simply giving out those huge discounts all month long. But this year is seeing especially massive price cuts due to extra pressure on the industry.
It’s no secret that e-bike companies have been hurting this year. After a couple of major boom years during the rise and fall of the COVID-19 pandemic when everyone wanted to get outside on an e-bike, sales have largely slumped off this year.
The North American e-bike market is still growing, but not at the rate it had been. That has left manufacturers overstocked and trying to move more e-bikes off their high-stacked warehouse shelves.
That’s a headache for e-bike companies but great news for consumers since some of the most popular e-bikes are currently on sale for their best prices ever. In certain cases, several manufacturers have slashed prices across their entire lineup of bikes.
Take Rad Power Bikes, whose sitewide sale has knocked prices off every single e-bike. Some have modest discounts while others are massive. For instance, the RadTrike is nearly 50% off, while the RadRover 6 Plus is as low as $1,399. That’s lower than even the old RadRovers used to sell for pre-pandemic.
Lectric Ebikes isn’t to be outdone, as the company is also running some eye-popping sales. The brand’s best-selling electric bike known as the XP 3.0 (that also happens to be the best-selling electric bike in the entire US) is still at its $999 price but now includes over $300 worth of extra add-ons.
The XP Lite, which is Lectric’s most affordable model, is now priced even lower at just $749. It also comes with nearly $200 in free add-on accessories for that price.
Similar impressive deals are also running on the Lectric XPedition, XP Trike, and XPeak, offering between $300-$600 off in price discounts and huge accessory packages.
Juiced Bikes, a San Diego-based e-bike maker, has several models on sale with some of its best offerings taking up to $700 off a new e-bike.
Ride1Up, another San Diego-based electric bike company, has several sales offering up to $400 off many of the brand’s most popular models, such as the Cafe Cruiser.
Two of the Ride1Up’s models, the Portola and the Roadster V2, are both priced at under $1,000.
Priority Bicycles, a New York-based e-bike company, has major sales on its electric and non-electric models, giving riders the option of pedaling hard or barely at all.
I’ve tried several Velotric e-bikes lately and have been very impressed with the models. They nearly all feature UL-listed batteries and have a great bang for your buck, especially when considering the extra built-in tech like Apple Find My functionality for tracking a missing or stolen e-bike. Velotric has several models with up to $600 off, as well as some under $1,000.
Aventon, another California-based e-bike brand, has some pretty great deals itself offering up to $600 off its electric bikes. I recently reviewed the brand’s Soltera.2 and found it to be an awesome commuter e-bike. The fact that it’s not priced below $1,000 makes it even better!
Interestingly, it’s not just US companies getting into the mix. For our European readers, Ampler is offering Black Friday sales that take up to €1,000 off of the company’s popular stealthy e-bikes. We visited the factory in Estonia and saw just how they build these e-bikes to offer high-quality rides that don’t even look like they’re electrically powered.
Even European companies are getting into the Thanksgiving sale spirit!
It’s not just e-bikes, either. Electric scooter companies are also pushing extremely low pricing to boost sales going into the holiday season. Miami-based Fluidfreeride has sales on over a dozen different electric scooter models, some with over $1,000 off. Major names like Apollo Scooters models are nearly 40% off.
In fact, the Canadian company Apollo is offering its own mega sales too, with some models seeing up to $700 off and one already priced at under $900.
These are just a few of the many companies offering extra steep discounts on their e-bikes and e-scooters this year. But the same trends are showing across the industry, revealing much bigger sales this year and an extra push to move inventory.
If your e-bike is going strong and you don’t really need a new one, then keep on riding what you’ve got. But if you’ve been sitting on the fence about getting a new e-bike or are considering picking up your first electric bike ever, this just may be the time to jump on it.
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If you’re considering going electric, May will be a great time to score a deal on an EV lease. Automakers are slashing lease prices on some of the most popular EVs to move inventory – here are four standouts.
Nissan Ariya SUV
Photo: Nissan
The Nissan Ariya SUV has an MSRP of $41,805. Its lease term is 36 months, with $4,409 due at signing and a mileage allowance of 10,000 a year. Monthly payment? A sweet $129!
Nissan cut the 2025 Ariya Engage’s price by $144 in April, so it now has an effective monthly cost of $251 – that’s seriously affordable for an electric SUV. If you’re already a Nissan driver, then you’re going to get an even better deal, because Nissan is offering a $1,000 loyalty discount on the Ariya, which brings its effective cost down to $224 per month.
CarsDirect, which sniffed out this deal, thinks this Ariya deal will be in place until Memorial Day, so take advantage of tariff-free pricing while you can.
The Honda Prologue SUV has an MSRP of $48,850. Its lease term is 36 months, with $1,399 due at signing and a mileage allowance of 10,000 a year. The monthly payment on the Prologue is $239.
The 2024 Honda Prologue has up to $18,800 in rebates, and the price includes a $1,000 lease loyalty discount or conquest offer. In California and other ZEV states, the EX has an effective cost of just $278 per month; in other parts of the US, pricing will be around $30 higher. This offer ends July 7.
The Tesla Model 3 has an MSRP of $43,880. Its best lease term is 24 months, with $1,044 due at signing and a mileage allowance of 10,000 a year. The monthly payment on the Model 3 is $349.
The 2025 Tesla Model 3 still has the $7,500 federal government EV rebate. Several months ago, Tesla reduced the amount due at signing on all Model 3s. And for those who want to lease a Long Range Model 3, the effective cost can be as low as $393 per month.
You can lease the Model 3 for 36 months, but the folks at CarsDirect found that the better deal will be had on 24-month leases. They compared the Model 3’s MSRP to the 2025 Lexus IS 300 F Sport’s MSRP, which is nearly identical, and the Model 3 was around 30% cheaper to lease.
Acura ZDX
Photo: Acura
The 2024 Acura ZDX has an MSRP of $65,850. Its best lease term is 36 months, with $4,699 due at signing and a mileage allowance of 7,500 a year. The monthly payment on the ZDX is $299.
The 2024 ZDX is Acura’s cheapest vehicle to lease because it features up to $29,450 in lease cash. However, the best deal is limited to California and ZEV states. If you cash in on a loyalty discount or conquest cash, the effective cost is $430 per month. This offer runs til June 30.
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Ford (F) reported its first-quarter earnings, beating Wall Street’s revenue and EPS expectations. However, with Trump’s auto tariffs, Ford is suspending full-year guidance. Here’s a breakdown of Ford’s Q1 2025 earnings
Ford Q1 2025 earnings preview
After crosstown rival General Motors cut its full-year financial guidance last week, investors are waiting to see if Ford will follow suit.
Ford’s previous 2025 forecast called for EBIT of $7 billion to $8.5 billion and capital expenditures between $8 billion and $9 billion.
The biggest threat is Trump’s new auto tariffs, which include a 25% duty on imported vehicles and many parts. Since Ford builds a greater percentage of vehicles in the US than any other major automaker, outside of Tesla, it isn’t expected to see as big of an impact.
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CEO Jim Farley called it “an opportunity for Ford,” during an interview with CNN last week, saying the company has a “different footprint, a different exposure for tariffs.”
Ford imports around 21% of the vehicles it sells in the US, while GM imports around 46%. According to Estimize, Wall St expects Ford to post Q1 EPS of $0.0 on revenue of $38.02 billion.
The company reports earnings for each of its three business units, Ford Blue (gas-powered vehicles), Model e (electric vehicles), and Ford Pro (commercial and software business).
In the fourth quarter, Ford’s EV unit (Model e) lost another $1.4 billion while Pro and Blue each reported an adjusted EBIT of $1.6 billion.
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)
Financial breakdown
Ford beat Wall Street estimates, reporting first-quarter revenue of $40.7 billion with an adjusted EPS of 0.49.
Q1 2025 Revenue: $40.7 billion vs $38.02 billion expected.
Q1 2025 Adjusted EPS: $0.49 vs $0.0 expected.
The company posted adjusted EBIT of $1 billion, down 63% from Q1 2024. Ford said its first-quarter EBIT suffered a nearly $200 million hit from added tariff costs, primarily in Ford Blue and Ford Pro.
Ford Pro generated an EBIT of $1.3 billion, Ford Blue $96 million, and Ford Model e reported an EBIT loss of $849 million.
Ford Model e Q1 2025 earnings (Source: Ford)
For Model e, the company is focused on improving gross margins and “exercising a disciplined approach to investments in battery facilities and next-generation products.” Although still a nearly $1 billion loss, it’s still a $500 million improvement from Q1 2024.
Ford said higher Model e revenue was driven by new EVs launching in Europe, like the electric Explorer and Capri.
Ford’s electric vehicles in Europe from left to right: Puma Gen-E, Explorer, Capri, and Mustang Mach-E (Source: Ford)
The company said its “Power Promise” promotion, which includes a free home charger and several other benefits, has helped drive demand in the US.
Although it’s tracking within its previous full-year adjusted EBIT guidance of between $7 billion and $8.5 billion, Ford is suspending full-year guidance due to the uncertainty surrounding tariffs.
2025 Ford Mustang Mach-E (Source: Ford)
Ford estimates the full-year gross cost of tariffs to be around $2.5 billion. It expects a tariff-related net adverse adjusted EBIT impact of about $1.5 billion for the full year 2025.
Ford also extended its “From America, For America” campaign last week. The promo includes employee pricing on most 2024 and 2025 models and now runs through July 4.
Check back for more info from Ford’s first quarter conference call. Ford is also hosting its annual meeting on Thursday, May 8, where we should learn more about its EV plans and how it will navigate the new tariffs.
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