A fascination with electric vehicles isn’t anything new. These days, everyone and their brother seems to have an EV. But I’m not one of the “normal” electric vehicle enthusiasts. I’m drawn to the more oddball designs. And that zeal has seen me end up in some weird places. Most recently, it had me end up on a hundred million TV screens across China.
In addition to my day job/passion of being one of the most prolific propagators of electric bike news and reviews on the internet, I moonlight as a broader lover of weird Chinese electric vehicles. You may have even seen my weekly column, the Awesomely Weird Alibaba Electric Vehicle of the Week.
It mostly started as a lark, the inevitable result of my publisher and I trying to best each other at who could find the weirdest cars on China’s massive shopping website, Alibaba.
Inevitably, they’re almost all electric due to the simple fact that China has quietly led the world in the development and adoption of EVs. Their range of EVs, both the realistic and the fanciful, is nothing short of awe-inspiring. Norway may lead the world in adopting electric vehicles, but frankly, anyone can buy an EV. It’s China that leads the world in designing and producing them.
So there we were, my publisher and I chuckling at just how many fun and sometimes bizarre EVs we could find that were produced in China.
After discovering just how deep the rabbit hole to China went, I was hooked. And I had a sneaky suspicion that the rest of the world just might be as interested in the madness as me.
It became a recurring theme each week in the column. And having our talented graphics guy Michael Bower magically transplant me into every vehicle each week certainly helped.
But I also soon discovered something interesting. In addition to super-weird offerings on Alibaba, I was also finding electric vehicles that I actually wished I could own.
When I eventually came across a $2,000 electric mini-truck that looked like a knock-off Ford F-150 that took an unintended trip through the washing machine and dryer, that’s when things changed. It went from “Man, it’d be funny to buy one of these…” to “Uh oh, I think I need to buy this thing.”
I spent months working out the details with the Chinese factory, finding the right customs brokers, getting the paperwork done, and then eventually getting the mini-truck on a boat and headed to the US.
After what felt like an eternity, it finally arrived. And I was immediately in love. What was unobtainable in the US was suddenly driving around my parent’s ranch in Florida. I had an electric mini-truck, complete with air-conditioning and a hydraulic dump bed, that had traveled halfway around the world from China to my fingertips. I was giddy.
And as it would turn out, I wasn’t done. In fact, I was just getting started.
The more I found weird electric vehicles from China, the more I wanted to add to my collection.
Unfortunately, a little thing called economics (or more colloquially known as convincing one’s wife that purchasing something stupid is actually a great idea) made this endeavor more difficult. There was a lot of weird stuff out there, but I had to be picky. I couldn’t afford not to. So I focused on the stuff that seemed the most useful to me.
That’s how just a year later I wound up with a five-seater electric boat slowly puttering its way around the local lake. And more recently, I became the proud new owner of electric construction equipment, including an electric mini-excavator and an electric loader.
Along the way, people started to take notice. I made videos of my escapades, and they began going viral. That electric boat found over 3 million views on YouTube. And remember my electric mini-truck from above? Over 10 million views. I wasn’t the only one enjoying these things anymore.
In fact, the news had gone full circle, landing back in China. A maker of electric micro-cars in China (known locally as “happy grandpas” based on their typical users) wanted me to check out their newest model and sent one to me for an unboxing.
A few months later there was a massive wooden crate in my family’s driveway. It was wild.
The word continued to spread. One morning, I awoke to an email from someone saying they represented a news channel in China, something called “CCTV”, and asked if they could do a story on me. The name didn’t mean much to me, so I asked a Chinese friend of mine if they had heard of the news station. “That’s… the biggest channel in the country,” he said. “You should do it.”
As it turns out based on what Wikipedia told me, China Central Television, or CCTV, claims to have a regular viewership of over 500 million people. Those are the figures from their own survey, but I believe it. Why? Because all local news stations in China are required to run CCTV’s daily news broadcasts in addition to their own programming. That’s state media, for you.
Any potential issues with that aside (and there are many), I was curious to see what Chinese state media would think of me, a Westerner who has a weird fixation with procuring odd Chinese vehicles.
As someone who has once or twice been referred to as a journalist himself, I figured there’d soon be an interview. They’d ask me a few questions. Maybe I’d share some fun stories. We’d all crack a fortune cookie and laugh about my quirky antics.
Nope.
Apparently, they had all they needed from my YouTube videos. The exact story wasn’t important, not when they could read between the lines.
A week or so later, there was my goofy face smiling out to half a billion charmingly confused Chinese people.
The news show had basically just taken several of my YouTube videos, cut out a few select clips of me showing off the features of my electric boat, then added some voiceover.
With the help of a translator app and a friend who speaks Mandarin, I was able to piece the story together.
Basically, they made a cute little puff piece about Chinese products being bought by randos on the internet. Case-in-point was me and my electric boat, to which the adorable presenter directed the audience’s attention.
They showed me unboxing my boat, followed by demonstrating its features and testing it out along with my dad in the local lake.
It was a surreal experience, watching myself show off my electric boat and other electric mini-vehicles on Chinese state media. To be fair, they actually put me on CCTV2, a more business/economics-focused sub-channel. But it’s not like we’re talking ESPN8 “The Ocho” here – I still got some prime-time placement.
And while part of me feels like I was a bit useful for borderline propaganda, there’s no denying the fact that everything I said about these products, and especially that boat, was true. I’d never be able to find a $1,000 fiberglass electric boat like this in the US, and the one I received was quite well manufactured. So if Chinese state media is going to use me to show their own citizens that a local factory built a good boat, then… they’re basically correct.
I even had the chance to video chat with the nice guy who runs the factory and who showed me my boat during the production process. As much as the naysayers would like to imagine a child labor sweatshop, that just wasn’t the case. I was watching skilled boatbuilders building fiberglass and aluminum boats. In fact, on one day that I chatted with him, he explained that the factory was mostly empty because it was so hot that day that he sent the workers home. It was the literal antithesis of a sweatshop.
That’s not to ignore a long list of other problems in the country, but building electric boats isn’t one of them.
Video chatting with the ship-building factory while they were making my boat
So in a nutshell, that’s how I ended up on Chinese state TV. I enjoy strange electric vehicles, and I’ve since followed several of them all the way to the source. That strange journey resulted in me ending up with a weird collection of EVs that eventually caught the attention of the national TV station in China.
Ever since, I take it day by day. I try not to let my newfound 1 minute and 46 seconds of fame and glory go to my head. But some days it’s difficult not to. I imagine by this time next year, I’ll surely be plastered all over kids’ lunch boxes in China, second in popularity only to the great panda. There are rumors that I’ll be included at the next five-year congress meeting. They may even make a national holiday for me.
And it’s true, they may not truly get me or my weird vehicles back here in the West. But I at least hope that somewhere, when someone worriedly asks “What’s the deal with that guy?”, the response will be something to the effect of “I don’t know. I guess he’s big in China?”
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Cargo scooters are a rare breed, filling a niche that exists between typical e-bikes/e-scooters with minimal storage and larger cargo-specific models designed for utility. But that dearth of cargo scooters may be changing, based on several interesting new models we’ve seen lately, including the recently unveiled Lightfoot cargo electric scooter.
Yet unlike the few other cargo scooters rolling around out there, the Lightfoot has one major advantage: its built-in solar panels keep it charged up directly from the sun.
It’s not the first solar-powered scooter we’ve seen, but it’s definitely the most eye-catching model yet.
Developed by Otherlab, the Lightfoot electric cargo scooter features a pair of 120W solar panels on either side, hiding a large 45.2 L (12-gallon) storage compartment. One panel is hinged, opening the entire side of the vehicle for easy cargo access, then locking back in place for secure storage.
Also hidden away by those panels are the equally large UL-certified 1.1 kWh battery and the 600W on-board charger (just in case you do need to plug it into the grid for a quicker charge than you’d get from the solar panels). In fact, the company claims an 80% charge is possible in just 90 minutes from a 110V wall outlet. Based on the company’s figures, it looks like solar charging is likely to fill the battery at a rate of roughly 7-8% per hour (around 3 miles or 5 km of additional range per hour of sun exposure). That means heavy utility users will likely still rely on the wall plug from time to time, but there’s nothing wrong with outdoor parking helping to extend the range.
The company rates the scooter’s range as up to 37 miles (60 km) per charge and claims an extra 18 miles (30 km) of range can be added per day from the solar panels.
That means the scooter could actually be purely solar-charged when used for modest duty cycles, i.e. less than 18 miles (30 km) per day. As the company explained, “If you only need it for a few short errands a day, park it in your driveway and it will always be ready for you. For many riders, we’re hoping this means saying goodbye to plug-in charging altogether.”
With a 20 mph (32 km/h) top speed, the scooter is said to be “bike lane legal” without requiring any additional license or registration.
The Lightfoot is also designed to be easy to work on with minimal mechanical components. The dual motor system relies on hub motors instead of centrally mounted motors, meaning there are no chains or belts to deal with. Between those two 750W rated (1 kW peak) motors, the scooter should get up to speed pretty quickly while laying down nearly 2,000 watts of power.
The company is offering a 1-year warranty on the entire scooter, with an even longer 2-year warranty for the major components consisting of the frame, motors, controllers, brakes, lighting, and front suspension. The scooter is also covered by an “ironclad buy-back guarantee” with the company promising to buy the scooter back from any riders who are “unsatisfied with their purchase for any reason.”
Set to begin deliveries in January 2025, the Lightfoot is now available for purchase with an MSRP of US $4,995.
Electrek’s Take
Look, I’m split here. My inner mechanical engineer is drooling over this thing, while my inner MBA is wondering how you sell it to a broader market than… people like me. My two professional backgrounds have often been in conflict before, but this is peak engineer’s delight meets ultra-niche aesthetic.
Sure, I would 100% ride the hell out of this thing. I’d ride it everywhere with zero qualms about the appearance. But I’m probably not the best representative of the average scooter customer since I tend towards the tech nerd side of the spectrum. And so I hope that the Lightfoot can find wider appeal than I fear it may be limited to.
Oh, and for all of those ready to hammer out the “AcTuAlLy ThAt’S NoT tHe MoSt EfFiCiEnT WaY tO dO iT…” comments, I think that’s missing the point. The whole idea here isn’t to maximize every photon, but rather to not waste the ample sunlight that otherwise simply bakes the paint on every other scooter and moped out there (and don’t get me started on the “moped” linguistic purists). Sure, you’re probably only ever getting appreciable solar charging from one panel at a time, but why not maximize your chances of catching those rays whenever you can?
So all told, I love this thing. I just wonder how many people will love it as much as I do.
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Hyundai will finally unveil its first three-row electric SUV, the IONIQ 9, at the LA Auto Show next week. With its debut around the corner, we are getting a sneak peek at the SUV’s “lounge-like” interior.
Hyundai IONIQ 9 will debut on November 21, 2024
The 2025 Hyundai IONIQ 9 will make its first appearance at AutoMobility LA (LA Auto Show) on Thursday, November 21, 2024.
Hyundai will hold a news conference inside the LA Convention Center to unveil its new flagship three-row electric SUV. The event will be live-streamed starting at 9:10 am PT (12:10 pm ET).
Although rumors claimed that Hyundai would reveal its new SUV at the LA Auto Show, this is the first time it has officially confirmed the debut date. Previously, the company left it open, saying it would make its first appearance in November.
Ahead of its official debut, Hyundai previewed the IONIQ 9’s “lounge-like” interior. Simon Loasby, head of Hyundai’s Design Center, boasted that “IONIQ 9 offers the ultimate lounge-like environment.”
The spacious and “nature-inspired” interior features Hyundai’s latest software and connectivity tech. Based on its advanced E-GMP platform, following the IONIQ 5 and 6, the larger SUV includes a flat floor for an open space cabin.
Hyundai teaser IONIQ 9 interior ahead of its debut (Source: Hyundai)
What to expect
Hyundai has been dropping new teasers leading up to its debut. Earlier this week, we got a look at the IONIQ 9’s new LED light bar, similar to the Tesla Cybertruck.
The IONIQ 9 features Hyundai’s new “Aerosthetic” design, which blends aerodynamics with a sleek aesthetic look.
Hyundai IONIQ 9 teaser (Source: Hyundai)
Although prices and specs have yet to be revealed, the IONIQ 9 is expected to be similar in size to the Kia EV9. Also based on the E-GMP platform, the EV9 is 197.2″ long, 77.9″ wide, 70.1″ tall, with a wheelbase of 122″. That’s about the size of its Telluride.
However, with its flat-floor design, the EV9 provides more rear legroom (42″) than a Cadillac Escalade.
2024 Kia EV9 GT-Line interior (Source: Kia)
Kia’s three-row EV9 starts at about $55,000, so IONIQ 9 prices are expected to start at about the same or slightly higher. More premium trims could cost upwards of $80,000.
The IONIQ 9 will be built at Hyundai’s massive new Metaplant America (HMGMA) alongside the updated 2025 IONIQ 5 model. The new 2025MY has more range, features, and an sleek new design. It even includes a Tesla NACS charging port, which the IONIQ 9 is also expected to feature.
Hyundai said all US-made EVs qualify for a $3,750 federal tax credit. However, once the battery portion of the plant opens, they are expected to be eligible for the full $7,500. Until then, Hyundai is passing the $7,500 on through leasing.
Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai)
Last week, Hyundai announced that 2025 IONIQ 5 prices will start at $43,975 (including a $1,475 destination fee). The extended-range SE RWD trim, with a range of up to 318 miles, starts at $46,550.
Check back next week for all the details on the new IONIQ 9 SUV. And keep an eye out for more teasers leading up to its debut on Thursday, November 21, 2024.
Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K.
Nikolas Kokovlis | Nurphoto | Getty Images
Klarna, which is known for its popular buy now, pay later business, announced Wednesday that it’s confidentially filed IPO documents with the SEC.
The Swedish payments company has yet to publicly file its IPO prospectus. The company said the offering would follow the SEC’s review process and is subject to market conditions.
Analysts recently valued Klarna, which was founded in 2005, in the $15 billion range. At its peak during the pandemic-led surge in fintech stocks and e-commerce, the company had a valuation of $46 billion in a funding round led by SoftBank’s Vision Fund 2.
But Klarna took an 85% haircut in its most recent primary fundraising round, in 2022, when the company raised money on a valuation of $6.7 billion.
In addition to SoftBank, Klarna’s roster of shareholders includes Sequoia Capital and London-based firm Atomico.
Klarna CEO Sebastian Siemiatkowski previously told CNBC in an interview that unfavorable rules in Europe on employee stock options could risk the company losing talent to U.S. tech giants such as Google, Apple and Meta.
Plans for an IPO have been in the works for some time. In a February interview with CNBC’s “Closing Bell,” Siemiatkowski said an IPO in 2024 was “not impossible.” Affirm, one of the company’s key competitors, went public in 2021 and is now valued at about $18 billion.
In August, Klarna said it swung to a profit in the first half of the year.
Klarna’s decision to go pursue a listing in the U.S. represents a major blow to European stock exchanges, which have been trying to encourage local tech companies to list at home.
The London Stock Exchange, for example, has made reforms to make the U.K. a more attractive market for tech companies to list, including the ability for founders to issue dual-class shares that enable entrepreneurs to maintain control over a company’s strategy and direction.
Siemiatkowski hadn’t previously committed to listing in one market over another, and London was among the markets he was considering for Klarna’s IPO.
However, in 2021 he said that the firm was more likely to list in the U.S. than the U.K., due in part to higher visibility.