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Tesla delivered the first Cybertrucks yesterday, to lukewarm reaction given revelations on its specs, pricing and availability. But Tesla’s miss might be other EV truck makers’ gain, as the big question marks on Cybertruck have been answered disappointingly.

At the original Cybertruck unveiling, Tesla said the truck would start at $39,900, be available in late 2021, have a payload of 3,500 pounds in a 6.5ft bed, and a tow rating of up to 14,000 pounds max range of 500+ miles for the top-end version (which was meant to start at $69,900).

As of yesterday, we know that none of those numbers are true. The truck starts at $79,990 today (and $60,990 in 2025), has a payload of 2,500 pounds in a 6ft bed, tow rating of up to 11,000 pounds and range of 340 miles, or 470 with an additional battery that eats up a chunk of your bed space.

It seems like the only place where Tesla exceeded its original estimation is in 0-60 times for the mid- and high-spec configurations, which are .6 and .3 seconds faster respectively. These are nice specs and it’s awesome to see a Cybertruck beat a Porsche 911 while towing a Porsche 911, but a truck is still not a sportscar no matter what the quarter-mile results suggest.

And overall, the presentation at the event was just underwhelming (you can view a recording of our live-react watch party here). Not only was the event almost half an hour late and poorly-lit, but Tesla CEO Elon Musk showed off his standard poor presentation skills (which have been getting worse lately with his twitter distraction, prompting questions from investors). Worse, some cool Cybertruck features weren’t even mentioned – like Powershare bidirectional charging which lets you run your home, camp, or another vehicle off of the Cybertruck’s battery.

Tesla even did a repeat of its window strength testing stunt from the original Cybertruck unveiling, but it pointlessly used a lobbed baseball instead of a steel ball.

All of this has led to a lot of disappointment among order holders – and made room for competing electric trucks now that we finally know answers to questions that have loomed large over the segment for years now.

Other electric trucks compare favorably with Cybertruck’s unveiled specs, pricing

Prior to now, other electric trucks have suffered from the comparison to a potential Cybertruck, with millions of preorders and a promised $40k base price.

With that product looming, it’s hard to look at an F-150 Lightning at a base of $50k (which is also $10k over its originally-promised price) and think that you’re getting a great deal. And the Rivian R1T, which has been widely praised as easily the best pickup ever, looks like even more of a stretch at its $73k base price.

But now that Cybertruck specs and pricing have been officially unveiled, those comparisons become a lot better.

There is a question whether many people were actually cross-shopping the Cybertruck versus more traditional-looking pickup trucks in the first place, but a difference in base price of more than $20k can make up for a lot of questionable styling.

The comparison was made directly on reddit, in a post comparing Musk’s past statements about the Lightning’s price with the actual prices of the Cybertruck – which are now much more expensive than the base and even upgraded trims of the Lightning, both of which are available now whereas the base model Cybertruck won’t come until 2025.

We’ve also seen plenty of comments, including the top comments on our own post about the Cybertruck yesterday, which aren’t happy about the Cybertruck’s base price and compare directly to the Lightning.

So despite the Cybertruck’s unconventional look, it’s clear that a lot of people are putting it into the “truck” category, and comparing it against other offerings. Tesla did so too, themselves, by offering a comparison against the Lightning, F-350 Super Duty, and Rivian R1T in a tractor-pulling test during the presentation yesterday.

The market has noticed

This means that Tesla’s loss is the other trucks’ gain. If Tesla truly has 2 million order holders who were waiting off on buying an electric truck until they finally saw the Cybertruck specs, surely some percentage of those holders will end up deciding to go elsewhere.

And it seems like the stock market has already made this comparison, because the market isn’t looking favorably on Tesla’s unveiling, whereas other EV truck makers are up quite a bit (with Rivian leading the pack, since trucks are their whole thing). The whole market is up intraday, but Rivian is up quite a bit more than the sector as a whole.

Even Tesla seems to have recognized that those reservation-holders might want to go elsewhere. Soon after the event, it offered Cybertruck reservation-holders $1,000 off its other EVs.

There has been a lot of talk recently about EV demand, but much of it is false. EV sales are indeed still rising, and rising at a good pace that is comparable to previous years. There are headwinds in the entire auto market right now, but a lot of the complaints can be shown to have ulterior motives – like, potentially being used to influence upcoming tailpipe regulations.

But for electric trucks specifically, both GM and Ford have backed off on production plans, for supply chain and other reasons, even though Ford just set an all-time Lightning record with a 100% year-over-year sales increase. Rivian has not reduced its production plans – in fact, it has increased them twice this year.

Given the poor reaction to the Cybertruck’s unveiled specs, maybe it’s time for those production plans to ratchet up a little further, since we think there will be some customers out there looking for something else to buy.

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Why some Scrooges want to stop California from handing out $2,000 e-bike vouchers

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Why some Scrooges want to stop California from handing out ,000 e-bike vouchers

In what couldn’t have been more on-the-nose timing, a group of local California newspapers published an editorial on Christmas Eve calling for the end of a generous $2,000 voucher program intended to help low-income Californians afford electric bicycles for transportation.

The editorial was provided by the Southern California News Group, a collection of California newspapers owned by the hedge fund Alden Global Capital.

In it, the writers air a number of grievances against the program, which recently closed its first round of applications intended to provide around 1,500 e-bike vouchers of between US $1,750 to $2,000 each. The vouchers can be used to offset the price of electric bicycles and associated gear such as protective equipment, locks, etc.

The first complaint in the op-ed is that the total number of vouchers provided in the first round was relatively small compared to the large size of the California e-bike market. However, instead of suggesting that the budget be increased to help more Californians achieve transportation independence, as we called for recently, the editorial takes the opposite position of suggesting that the program simply be canceled.

Next, the writers bemoan an increase in electric bicycle and electric scooter accidents in recent years, suggesting that this should be weighed against the benefits of helping more Californians afford such vehicles.

However, the argument seems to conveniently overlook the fact that the vast majority of such accidents aren’t caused by e-bike riders, but rather those riders are in fact usually the victims. The actual danger to safety on roads is vehicular traffic, i.e. cars and trucks.

Furthermore, many studies have shown that in crashes caused by e-bike riders, such as when an e-bike rider hits another cyclist or pedestrian, the injuries are on average considerably lighter and more recoverable than in car-related crashes.

If the goal was to protect Californians, then instead of firmly clutching their pearls, perhaps the editorial writers should have urged a reduction in the use of cars and trucks, not a reduction in e-bike vouchers.

The op-ed even goes on to lament the number of children riding electric bicycles in California, though admits further on that children aren’t eligible to receive vouchers as part of California’s e-bike incentive program.

Electrek’s Take

California’s e-bike incentive program is certainly far from perfect. We even discussed many of its shortcomings last week. But the program’s essence is to do a good thing—using public tax money to benefit the public. The solution should be to improve the program, not to remove it. And the simple fact of the matter is that most people who are vehemently against the program are those who don’t directly benefit from it, even if they fail to realize that they will ultimately indirectly benefit.

Electric bicycles are one of the most cost-effective ways to provide transportation independence to marginalized and low-income groups. But it’s more than just that. They’re also the best way to get people out of cars and reduce traffic for everyone. Even ignoring the long-term environmental effects related to reducing the impacts of climate change, e-bikes are uniquely capable of making a larger impact on air quality today by helping to remove sources of emissions from a vehicle’s production all the way through its lifetime use and even to its eventual disposal/recycling. When someone rides an e-bike instead of taking a car, taxi, or bus, everyone’s lungs benefit.

Sure, the California program isn’t perfect. But if a media group owned by a wealthy hedgefund and catering to a well-to-do readership doesn’t like it, then that means it’s probably doing something helpful to people who actually need it. That’s the kind of world I want to live in, at least for as long as it’s still liveable.

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Hydrogen had a wild ride in 2024, but Honda has more to come in 2025

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Hydrogen had a wild ride in 2024, but Honda has more to come in 2025

On today’s high-powered episode of Quick Charge, we’ve got Honda fuel cell manager David Perzynski here to talk about Honda’s forty year history developing hydrogen powertrains, and the role Honda sees for HFCEVs in a battery dominated world.

In the course of the conversation we talk about several hydrogen articles posted in 2024, as well as some Honda projects related to CES. You’ll be able to read more about those, below. Enjoy!

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news!

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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Check out this awesome looking new four-wheeled electric bike

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Check out this awesome looking new four-wheeled electric bike

Sixthreezero’s wide range of electric bike models includes some fairly out-there models, but the company’s new four-wheeled electric bike really charts a new direction in the industry. Take a look at the new ANYterrain Stabilized 4-wheel Electric Bike.

It’s a mouthful of a name, but the ANYterrain Stabilized 4-wheel Electric Bike hauls more than just a bunch of extra words. The bike is rated to carry up to 350 lb (159 kg), and the 750W motor ensures it has the power to do so. With speeds of up to 20 mph (32 km/h), the quad bike is just as fast as most Class 1 and 2 e-bikes.

But the real game changer here is the design, offering four-wheeled stability that riders can’t get from a conventional three-wheeled trike.

Not only do four wheels provide better stability with a wider footprint, but the steering on the bike uses leaning geometry to take turns more naturally, helping riders feel even more stable.

With 20″ wheels in the rear and 16″ wheels in the front, the quad bike keeps a fairly low center of gravity. All four wheels use 4″ fat tires for better offroad riding and more comfortable shock absorption compared to narrow tires, and the rear wheels even feature a differential to better apply the motor’s power to the ground.

A twist throttle makes it easy to roll on that power, and a D/R switch on the bars lets riders put it in reverse for cases where they need a little help wiggling around in tight spaces. Pedaling backward from a stop can also engage the reverse. At 120 lbs (54 kg), this isn’t the type of bike you can just pick up and move around the garage without a little help so that reverse feature will likely come in handy.

A 48V and 20Ah battery offers 960Wh of capacity, which the company says translates into a range of up to 50 miles (80 km).

The battery is housed under a cargo basket in the rear, though a bench seat can be swapped for the basket, allowing riders to carry a passenger with them.

Electrek’s Take

This certainly won’t be a mass market type of e-bike, but I can see a real use case for neighborhood riding and local errands, especially for folks who don’t feel stable on a bicycle or even a trike.

Despite trikes offering great stability when going straight, some people can feel uncomfortable making turns on a trike, especially at higher speeds, because they can sometimes feel tippy under certain scenarios. This quad bike can still tip if you take a turn sharp enough, but the wider stance combined with the leaning steering means riders will even more stable than on a trike.

And since this will likely be used more by older riders, the reverse is an important feature for letting folks park the bike easily without dismounting and dragging it around.

There could be some legal hurdles in some areas that define “bicycles” as having either two or three wheels, but I’m guessing most cops aren’t jumping at the opportunity to ticket grandma for riding her quad bike on the local rails to trails network.

I love seeing more options like this, and I commend Sixthreezero for providing such interesting options to add to the market.

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