When Ride1Up unveiled the Portola folding electric bike, it was obviously a major play to snatch the title for the leading low-cost electric bike. Now that we’ve had sufficient time in the saddle, it’s high time to see how this budget electric bike stacks up.
When it comes to low-cost e-bikes, there are essentially two groups. Sure, that’s oversimplifying it, but stick with me here.
There are the ultra-budget mega-retailer bikes, like those found on Amazon, Walmart, etc. You can often find those e-bikes in the $500-$800 range. Then there are the actual e-bike companies that sell really low-cost e-bikes, such as those from Lectric Ebikes, Rad Power Bikes, Aventon, and today’s review, Ride1Up. These budget e-bikes are usually a bit more expensive, often starting at between $800-$1,200 (and increasing from there), but they have more reliable service and support because they come directly from an electric bicycle maker that deals only in e-bikes, not also in toasters and air mattresses.
So that’s the lens through which we have to look at the Ride1Up Portola. At $995, it’s not going to compete well against the super cheap price of a Walmart e-bike, but it still undercuts most of the main e-bike players in the market and comes from an e-bike brand that stands behind its products. Plus it’s got way more features and nicer build quality than you’d ever find on a typical Walmart or Amazon special.
Ride1Up Portola Video Review
Ride1Up Portola Tech Specs
Motor: 750W continuous-rated geared hub
Top speed: 45 km/h (28 mph) on pedal assist, 32 km/h (20 mph) on throttle
Range: Up to 32-70 km (20-45 mi)
Battery: 48V 10.4 Ah (460 Wh) or 13.4 Ah (643 Wh)
Weight: 27 kg (60 lb)
Max load: 136 kg (300 lb)
Brakes: Dual piston hydraulic disc brakes
Extras: LCD display with speedometer, wattmeter, battery meter, PAS level indicator, odometer and tripmeter, front and rear LED lights, left-side thumb throttle, lockable battery that is removable without folding, frame-integrated rack, fenders, compatible with add-on passenger kit
I’ll be the first to say that budget e-bikes don’t always give you the best experience. As someone who rides the cheapest and the most expensive e-bikes, often in the same week, there are always going to be big differences. But even with a rock-bottom price, the Ride1Up Portola still has a lot to offer that can start to approach e-bikes twice its price or more.
Yes, the power isn’t going to knock your socks off. It’s fine for most people, but it’s not going to take you up a crazy steep hill on motor power alone – at least not very quickly.
But there’s more to an e-bike than merely flying off the line at breakneck speeds. The 750W motor is peppy but not something that is going to rocket you forward from a stop. What will do though is give you a controlled, fairly quiet, and much-needed boost on just about any hill or straightaway where you want some decent assist. When I wanted to pedal during my rides, I could drop the pedal assist level lower and the bike felt perfectly fine to power largely on my own. When I wanted to ride it like a motorbike, I could throttle around breaking a smile but not a sweat.
And I have to say, the ride felt really good.
Part of the reason the bike rides so nicely is the 3″ wide tires, which split the difference between conventional and fat tires. They’re cushiony enough for a supple ride and to handle occasional off-road adventures. But they also feel more like a “normal” bike tire when you’re on city streets or cruising the bike lane.
Another reason it felt good to pedal is that the Portola rides like a real bike – not a moped. Yes, the throttle is there whenever you need it. But the geometry makes me feel more like I’m on a conventional bicycle, and thus it is a pleasure to ride.
That being said, I should point out that I’m 5’7″ (170 cm) and I had the seat post out nearly to the maximum height mark to get good leg extension. That was great for me, but I’m surprised to see the max rider height for the bike advertised as 6’4″ (193 cm). I have no doubt someone of that height could ride the bike, but I feel like it wouldn’t pedal nearly as nicely. If you’re anywhere close to 5’7″ like me though, it fits like a custom-made glove.
Another area that impressed me was how well the folding system is designed.
Not only is there a nice click-button safety on the handlebar’s folding mechanism, but there’s a soft cloth strap built into the rear rack to hold the bike in the folded position without scratching the paint.
It’s a really nicely thought-out folding system that works well and feels solid.
Of course a 60 lb e-bike isn’t going to be a pleasure to lift, but at least the compact folding nature makes it feel less bulky when you lift it to toss in your trunk or in the back of your SUV.
The bike’s brakes are nice and punchy, and you guys already know how much I love hydraulic disc brakes. Lower maintenance, stronger bite, crisper feel, the works! And to get them on an e-bike for under $1,000 is an awesome treat. You rarely see them at this price, and there are plenty of much more expensive e-bikes that have mechanical brakes. Not that there is anything inherently wrong with mechanical brakes – several of my bikes use them. But hydraulics just give me a nicer ownership experience so I’m very glad to see them here.
In fact, that’s kind of the main theme with this bike. The Ride1Up Portola simply packs so many high-value features into an affordable and fun-to-ride electric bike. You’ve got an 8-speed shifter, a big battery option (though the bigger battery costs $100 more than the stock battery), hydraulic brakes, suspension, great 3″ tires, and a slick-looking frame, to boot! You can even toss on the passenger kit to carry a friend or partner on the bike with you!
The seat not going terribly high is the one area in which I was surprised in a negative way. And it wasn’t even an issue for me, I can just see it as a potential issue for any 6+ footers trying to pedal the bike comfortably. Everything else just kept checking my boxes. Even the way the battery is nicely hidden in the frame and yet removable from the exterior (with a key, of course) is a great feature!
So all told, I’m very impressed with the Ride1Up Portola. I think it is worth much more than its $995 price, though I recommend riders spring for the $1,095 version with the larger battery, just to have it.
Either option will give you a great ride, and I can’t see anyone faulting the bike at this price.
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Charging network IONNA is partnering with Casey’s, one of the US’s largest convenience store and pizza chains, to bring DC fast charging to EV drivers across the Midwest.
Starting this year, Casey’s customers can plug into IONNA’s 400 kW charging stations while grabbing a slice or stocking up on road-trip essentials. Eight “Rechargeries” are already under construction in six states and are expected to open in 2025:
Little Rock, Arkansas
Vernon Hills, Illinois
McHenry, Illinois
Terre Haute, Indiana
Parkville, Missouri
Kearney, Missouri
Blackwell, Oklahoma
Waco, Texas
The Casey’s deal pushes IONNA past 900 charging bays in construction or operation — more than double what it had just three months ago. IONNA says the partnership will “expand,” but doesn’t provide specifics.
“This partnership with Casey’s is key to expanding our presence in America’s heartland,” said IONNA CEO Seth Cutler. “With a shared respect and commitment to delivering quality customer experience, we are pleased to add Casey’s to our growing network of partners.”
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IONNA is a joint venture backed by eight of the world’s biggest automakers – BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis, and Toyota – working to rapidly scale a DC fast-charging network in the US.
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Anthropic and Google officially announced their cloud partnership Thursday, a deal that gives the artificial intelligence company access to up to one million of Google’s custom-designed Tensor Processing Units, or TPUs.
The deal, which is worth tens of billions of dollars, is the company’s largest TPU commitment yet and is expected to bring well over a gigawatt of AI compute capacity online in 2026.
Industry estimates peg the cost of a 1-gigawatt data center at around $50 billion, with roughly $35 billion of that typically allocated to chips.
While competitors tout even loftier projections — OpenAI’s 33-gigawatt “Stargate” chief among them — Anthropic’s move is a quiet power play rooted in execution, not spectacle.
Founded by former OpenAI researchers, the company has deliberately adopted a slower, steadier ethos, one that is efficient, diversified, and laser-focused on the enterprise market.
A key to Anthropic’s infrastructure strategy is its multi-cloud architecture.
The company’s Claude family of language models runs across Google’s TPUs, Amazon’s custom Trainium chips, and Nvidia’s GPUs, with each platform assigned to specialized workloads like training, inference, and research.
Google said the TPUs offer Anthropic “strong price-performance and efficiency.”
“Anthropic and Google have a longstanding partnership and this latest expansion will help us continue to grow the compute we need to define the frontier of AI,” said Anthropic CFO Krishna Rao in a release.
Anthropic’s ability to spread workloads across vendors lets it fine-tune for price, performance, and power constraints.
According to a person familiar with the company’s infrastructure strategy, every dollar of compute stretches further under this model than those locked into single-vendor architectures.
Google, for its part, is leaning into the partnership.
“Anthropic’s choice to significantly expand its usage of TPUs reflects the strong price-performance and efficiency its teams have seen with TPUs for several years,” said Google Cloud CEO Thomas Kurian in a release, touting the company’s seventh-generation “Ironwood” accelerator as part of a maturing portfolio.
Claude’s breakneck revenue growth
Anthropic’s escalating compute demand reflects its explosive business growth.
The company’s annual revenue run rate is now approaching $7 billion, and Claude powers more than 300,000 businesses — a staggering 300× increase over the past two years. The number of large customers, each contributing more than $100,000 in run-rate revenue, has grown nearly sevenfold in the past year.
Claude Code, the company’s agentic coding assistant, generated $500 million in annualized revenue within just two months of launch, which Anthropic claims makes it the “fastest-growing product” in history.
While Google is powering Anthropic’s next phase of compute expansion, Amazon remains its most deeply embedded partner.
The retail and cloud giant has invested $8 billion in Anthropic to date, more than double Google’s confirmed $3 billion in equity.
Still, AWS is considered Anthropic’s chief cloud provider, making its influence structural and not just financial.
Its custom-built supercomputer for Claude, known as Project Rainier, runs on Amazon’s Trainium 2 chips. That shift matters not just for speed, but for cost: Trainium avoids the premium margins of other chips, enabling more compute per dollar spent.
Wall Street is already seeing results.
Rothschild & Co Redburn analyst Alex Haissl estimated that Anthropic added one to two percentage points to AWS’s growth in last year’s fourth quarter and this year’s first, with its contribution expected to exceed five points in the second half of 2025.
Wedbush’s Scott Devitt previously told CNBC that once Claude becomes a default tool for enterprise developers, that usage flows directly into AWS revenue — a dynamic he believes will drive AWS growth for “many, many years.”
Google, meanwhile, continues to play a pivotal role. In January, the company agreed to a new $1 billion investment in Anthropic, adding to its previous $2 billion and 10% equity stake.
Critically, Anthropic’s multicloud approach proved resilient during Monday’s AWS outage, which did not impact Claude thanks to its diversified architecture.
Still, Anthropic isn’t playing favorites. The company maintains control over model weights, pricing, and customer data — and has no exclusivity with any cloud provider. That neutral stance could prove key as competition among hyperscalers intensifies.
Redwood Materials, founded by former Tesla CTO and cofounder JB Straubel, has raised $350 million in new funding to scale its US-made battery storage systems and critical materials operations. The company is ramping up to meet surging demand from AI data centers and the clean energy sector.
The oversubscribed Series E round was led by Eclipse, with participation from NVentures, NVIDIA’s venture capital arm, and other new strategic investors.
As global supplies tighten, the US is racing to secure domestic production of critical materials like lithium, nickel, cobalt, and copper. In July, Redwood and GM signed a non-binding memorandum of understanding to turn new and second-life GM batteries into energy storage systems. Redwood launched a new venture in June called Redwood Energy that repurposes both new and used EV battery packs into fast and cost-effective energy storage systems.
Redwood says large-scale battery storage is the fastest and most scalable way to enable new AI data center rollout while unlocking stranded generation capacity and stabilizing the grid. Battery storage also helps industrial facilities electrify and balance renewable energy output. The company aims to deliver a new generation of affordable, US-built energy storage systems designed to serve the grid, heavy industry, and AI data centers, reducing dependence on imported Lithium Iron Phosphate batteries.
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Redwood will use the new capital to expand energy storage deployments, refining and materials production capacity, and its engineering and operations teams.
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