I recently got the chance to test ride Honda’s new Motocompacto, a battery-powered suitcase with wheels that comes complete with an underwhelming 15 mph top speed and an adorable bell, which I must say has to be my favorite feature by far. Overall, the Motocompacto’s strongest aspect is its looks, followed by its portability.
For context, this is the electric successor to the original 1983 Honda Motocompacto, which was powered by a tiny gasoline motor and designed to fit in the trunk of a car. The idea was that if you didn’t want the hassle of finding parking close to where you wanted to go, such as a city center, you could park farther away, take out the Motocompacto from the back of your car, unfold it, and ride to your destination.
Specs
Vehicle Type: Scooter
Motor: 250 W Permanent-magnet synchronous DC with 490W of Peak Output
Torque: 11.8 lb.-ft./16 Nm
Weight capacity: 265lbs
Wheelbase: 29.2 inches
Brakes: single rear drum brake
Charge time: 3.5 hours (110v)
Battery Capacity: 6.8Ah
Price: $995
With a range of up to 12 miles, 0-15 mph time of 7 seconds, and a front wheel motor measuring 490W I wouldn’t get my hopes up about using this to get somewhere fast or far, but you can definitely get there in style. On my short ride through Westside Park in NYC, I received quite a few comments and questions from strangers about the Motocompacto, and understandably so since I was riding on what essentially looked like a white suitcase with a few small parts sticking out of it.
The vehicle weighs only 41.3 lbs and quite easily folds down to a manageable and rollable device that you could store in the back of a car or small closet. Honda’s ideal intended use for this vehicle is for people to quickly get around in a city or for college students to travel throughout their campus but at a price of $995 and no suspension, it wouldn’t be hard to find a cheaper alternative for your commuting needs.
Despite the lackluster specs and a 6.8 ah battery, I can’t help but want one of these for a particular reason. Call me immature, but the idea of having a late-night craving for a specific food at the nearby grocery store and being able to hop on the Motocompacto and ride it straight into the store to make my purchase without having to walk or park outside sounds like a dream. I imagine the vehicle’s tiny and adorable looks would make it much easier to be somewhat tolerated while riding through a subway platform or even a semi-empty shopping mall.
With zero suspension, incredibly small wheels, and a tall handlebar, 15 mph is about the highest speed I’d feel safe riding the Motocompacto. While the vehicle comes with some fun tech specs like the ability to adjust your personal settings, such as lighting and ride modes through a phone app, this is still very much a simple and bare-bones vehicle and certainly rides like one. The scooter is powered only by its front wheel motor, and for brakes, you’re limited to a single rear drum brake. For safety, you also have a bell, which I thought was a beautiful touch in the safety and style department.
As for the size, Honda kept the specs pretty similar to an actual suitcase, with its width measuring 3.7 inches when fully stowed and folds to a length of just 29 inches and a height of 21 inches.
The folding and unfolding process was relatively simple and could be done in less than 30 seconds, although the first couple of times doing it, I had a bit of trouble as there are quite a few steps involved, but it’s something that can be done quickly after a short learning curve. Overall, I’d say the folding and unfolding process is simple enough to do so on the go while on a train station platform.
When fully unfolded and you’re ready to ride you’ll find that the vehicle comes with two different modes. For mode one you’ll be restricted to 10 mph and are required to kick off to start moving, and with mode two you won’t have any requirement; push the throttle, and you’re on your way.
With such a small profile, I was surprised to learn there was a place to hold things while riding. Located in the center between the handlebar and the seat is a small space adequate to hold a few snacks or laptops along with a few notebooks. You can also hold the charger that can recharge the battery in about 3.5 hours. With its compact profile when folded up, I imagine it would be a lot easier to get away with bringing this inside to a cafe, office, or building lobby to get a quick charge in.
As for the build quality, I was happy to see that it had some simple yet elegant features, like the synthetic leather handlebar grips and seat, as well as a sleek digital speedometer. An overall pro for the Motocompacto that I love is that it’s simple and designed to be user-repairable. I love that this vehicle is charming and fun, but having a quality build and the ability to quickly repair things yourself is a massive plus in my opinion and helps to slightly justify the steep price tag.
If you’re looking to buy the Motocompacto, it is now available for order through participating Honda or Acura dealerships or online and comes in at an MSRP of $995.
Electrek’s take:
As a last-mile commuting solution for city dwellers or college students, I can’t see the Motocompacto as highly competitive in the market, but as a suitcase with wheels, I think this might just be the best there is.
The steep price tag and underwhelming specs make it hard to see this as a game changer, but this is still Honda’s early days into the electric PEV space, with a lot more to come.
Honda Motocompacto review video
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Lectric Ebikes appears to be preparing for a major new product launch, teasing what looks like the next evolution of its wildly popular folding fat tire electric bike. Based on the clues, it looks like a new Lectric XP 4 could be inbound.
In a social media post released over the weekend, the company shared a minimalist graphic reading “XP4” along with the message “Tune in 5.6.2025 9:30AM PT.” That date – this Tuesday – suggests we’re just hours away from the big reveal of the Lectric XP 4.
If true, this would mark the next generation of the most successful electric bike in the U.S. market. The current model, the Lectric XP 3.0, has become an icon of accessible, budget-friendly electric mobility. Starting at just $999, the XP 3.0 offers a foldable frame, fat tires, a 500W motor, a rear rack, lights, and hydraulic brakes – all packed into a highly shippable design that arrives fully assembled. It’s the kind of package that has helped Lectric claim the title of best-selling e-bike brand in the U.S. for several years in a row.
With the XP 3.0 still going strong, the teaser raises plenty of questions. Will the XP 4.0 be a modest update or a major leap forward? Could we see new features like torque-sensing pedal assist, a location tracking option, or upgraded performance? Or is Lectric preparing a more comfort-oriented variant, maybe even with upgraded suspension or even more accessories included standard?
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The teaser image, which features stylized stripes in grey, blue, and black, may hold some clues. One theory is that the colors represent new trim options or component upgrades. Another possibility is that Lectric is preparing multiple variants of the XP 4.0 – perhaps targeting commuters, adventurers, and off-road riders with purpose-built versions. We took the liberty of a bit of rampant speculation late last year, so perhaps that’s now worth a revisit.
At the same time though, Lectric’s penchant for launching new models at unbelievably affordable prices has never run up against such strong pricing headwinds as those posed by uncertainty in the current US-global trade war fueled by rapidly changing tariffs for imported goods.
Previous versions of the Lectric XP e-bike line have seen sky-high sales
Whatever the case, Lectric’s knack for surprising the industry with high-value, customer-focused e-bikes means expectations will be high. The brand has built a loyal following by delivering reliable performance at a price point that few can match, and any major update to the XP lineup is likely to ripple across the market.
As a young and energetic e-bike company, Lectric is also known for throwing impressive parties around the launch of new models. It looks like I may need to hop on a red-eye to Phoenix so I can see for myself – and so I can bring you all along, of course.
Be sure to tune in Tuesday at 9:30AM PT to see what Lectric has in store – and you can bet we’ll have all the details and first impressions as soon as they drop.
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Logo of the Organization of the Petroleum Exporting Countries (OPEC)
Andrey Rudakov | Bloomberg | Getty Images
U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month.
U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent fell $2.39, or 3.9%, to $58.90 per barrel. Oil prices have fallen more than 20% this year.
The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes a month after OPEC+ surprised the market by agreeing to surge production in May by the same amount.
The June production hike is nearly triple the 140,000 bpd that Goldman Sachs had originally forecast. OPEC+ is bringing more than 800,000 bpd of additional supply to the market over the course of two months.
Oil prices in April posted the biggest monthly loss since 2021, as U.S. President Donald Trump’s tariffs have raised fears of a recession that will slow demand at the same time that OPEC+ is quickly increasing supply.
Oilfield service firms such as Baker Hughes and SLB are expecting investment in exploration and production to decline this year due to the weak price environment.
“The prospects of an oversupplied oil market, rising tariffs, uncertainty in Mexico and activity weakness in Saudi Arabia are collectively constraining international upstream spending levels,” Baker Hughes CEO Lorenzo Simonelli said on the company’s first-quarter earnings call on April 25.
Oil majors Chevron and Exxon reported first-quarter earnings last week that fell compared to the same period in 2024 due to lower oil prices.
Goldman is forecasting that U.S. crude and Brent prices will average $59 and $63 per barrel, respectively, this year.
In a bid to keep up with the rapid growth of EVs, Chicago Department of Transportation (CDOT is currently seeking public feedback on a plan called “Chicago Moves Electric Framework.” The city’s first such plan, it outlines initiatives that include a curbside charging pilot through the city’s utility, ComEd, and expanded charging access in key areas throughout the city.
Unlike other such plans, however, the new plan aims to focus on bringing electric vehicle charging to EIEC and low income communities, too.
“Through this framework, we are setting clear goals and identifying solutions that reflect the voices of our residents, communities, and regional partners,” said CDOT Commissioner Tom Carney. “By prioritizing equity and public input, we’re creating a roadmap for electric transportation that serves every neighborhood and helps drive down emissions across Chicago.”
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Neighborhoods on the south and west sides of Chicago experience a disproportionate amount of air pollution and diesel emissions, largely due to vehicle emissions according to CDOT. Despite that, most of Chicago’s public charging stations are clustered in higher-income areas while just 7.8% are in environmental justice neighborhoods that face higher environmental burdens.
“Too often, communities facing the greatest economic and transportation barriers also experience the most air pollution,” explains Chicago Mayor Brandon Johnson. “By prioritizing investments in historically underserved areas and making clean transportation options more affordable and accessible, we can improve both mobility and public health.”
The Framework identifies other near-term policy objectives, as well – such as streamlining the EV charger installation process for businesses and residents and implementing “Low-Emission Zones” in areas disproportionately impacted by air pollution by limiting, or even restricting, access to conventional medium- and heavy-duty vehicles during peak hours.
The Chicago Moves Electric Framework includes the installation of Level 2 and DC fast charging stations in public locations such as libraries and Chicago’s Midway Airport, “supporting not only personal EVs but also electric taxis, ride-hail and commercial fleets.”
Chicago has a goal of installing 2,500 public passenger EV charging stations and electrifying the city’s entire municipal vehicle fleet by 2035.
Electrek’s Take
ComEd press conference at Chicago Drives Electric, 2024; by the author.