A rare chance to save on Lectric’s XP Lite e-bike has arrived today. It’s now $50 off on Amazon and offers the compact EV with a 45-mile range and 20 MPH top speeds for even less. It comes joined by some deals on portable power stations, as the savings also carry over to an assortment of e-bikes and all of the other best Green Deals.
Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.
Save $50 on Lectric’s XP Lite e-bike with a rare discount
The Lectric XP Lite may be one of our all-time favorite e-bikes – especially for the price – and today, we’re seeing an even more compelling chance to score the EV thanks to an Amazon offer. Courtesy of the company’s official Amazon storefront, you can knock $50 off the Lectric XP Lite after clipping the on-page coupon. That drops the usual $799 price tag down to $749 shipped and gives you an affordable option for gifting an e-bike this year or, at the very least, just starting out 2024 with your own ride.
You can get the full scoop in our hands-on review of the Lectric XP Lite, which details its 300W motor system, 375Wh battery, 20 MPH top speeds, and 45-mile range. The compact design is going to be perfect for those who don’t have room for an absolute behemoth of a ride, especially considering it folds up when not in use.
Hover-1 Altai Pro R500 e-bike hits 28 MPH now $914 off
Amazon is offering the Hover-1 Altai Pro R500 e-bike for $1,385.61 shipped after clipping the on-page 20% off coupon. Already down from its regular $2,300 price tag, this e-bike has seen plenty of discounts since summer, with all of them keeping above $1,800, even during Black Friday sales. Today’s deal comes in as a combined 40% markdown off the going rate, giving you $914 in savings off its MSRP and marking a new all-time low. It comes in a variety of color schemes, but it’s specifically the blue model that is receiving this massive discount, with the others starting at $1,924.
The Altai Pro R500 is designed with the stylish frame of a motorcycle. This e-bike comes equipped with a 500W motor and a 48V/20Ah lithium-ion battery that can reach top speeds of 28 MPH and travel up to 60 miles on a single charge. It typically takes seven to eight hours to fully charge, and the battery is removable from the body for more convenient charging. Its 20-inch fat tires help you traverse uneven terrain, and it has been outfitted with a headlight, taillight, and turn signals. It also comes decked out in an array of accessories: dual side mirrors, a phone storage bag, side and rear racks, two saddle bags, a rear mudguard, a triangular storage bag, and a folding lock.
EGO’s Power+ 21-inch electric mower on sale
Amazon is now offering the EGO Power+ 21-inch Electric Lawn Mower for $549 shipped. This kit includes a pair of 4Ah batteries and a companion rapid charger and now drops down from the usual $699 price tag. It may be an end-of-season discount, but the $150 in savings should speak for itself. This is a new all-time low and one of the first chances to save on the higher-end capacity model – beating our previous mention from September by an extra $100.
Powered by a pair of 4Ah batteries and a rapid charger included in the box, this EGO Power+ mower arrives with a cordless design that can tackle medium-sized yards with a 60-minute runtime. Alongside a 21-inch cutting deck, there are 3-in-1 bagging features for bagging, mulching, and side-discharging cut grass. Summer might be in the rearview mirror until next year, but today’s price cut means you can be ready to fully embrace green energy for your mowing arsenal once spring rolls around – and without having to pay full price, of course.
Fall e-bike discounts
Other new Green Deals landing this week
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine.
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Tesla average transaction prices (ATPs) in March are estimated at $54,582, higher year-over-year by 3.5% and higher than in February, according to the latest monthly new-vehicle ATP report from Cox Automotive’s Kelley Blue Book.
Average transaction prices for the Tesla Model 3 and Model Y were higher month-over-month and year-over-year in March. Tesla’s sales in Q1 continued their long-term decline after peaking in Q1 2023. Estimates from Kelley Blue Book suggest Tesla’s sales in Q1 2025 were lower year-over-year by more than 8%. Its deliveries were also worse than expected.
New EV prices in March overall are initially estimated by Kelley Blue Book to be $59,205, higher year-over-year by 7.0%. New EV prices increased from the revised higher February ATP of $57,015.
The ATP for an EV last month was nearly 25% higher than the industry average of $47,462, widening the price gap between new EVs and gas-powered cars even more.
But EVs are still seeing heftier incentives than the industry average. In March, the average EV incentive came in at 13.3% of the transaction price – down 1% from February’s revised 14.3% but still well above what gas cars are getting.
So, where are we heading? Higher prices, thanks to Trump’s tariffs. But what that will look like remains to be seen. Erin Keating, executive analyst at Cox Automotive, said, “All signs point to higher prices this summer, as existing ‘pre-tariff’ inventory is sold down to be eventually replaced with ‘tariffed’ inventory. How high prices rise for consumers is still very much to be determined, as each automaker will handle the price puzzle differently.”
Read more: EV incentives surged to 14.8% of ATP in Feb – highest in 5+ years
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BYD just launched the first EVs based on its new Super e-platform with ultra-fast charging. The new Han L sedan and Tang L SUV can gain nearly 250 miles range in 5 minutes, and prices start at just $30,000.
Meet BYD’s new EVs with ultra-fast charging
During a launch event on April 9, BYD introduced the new EV models, claiming its engineers have “achieved the master realm of Chinese technology.”
The Han L and Tang L are the first EVs based on BYD’s 1000V Super e-platform. After unveiling the ultra-fast EV charging platform last month, BYD’s CEO, Wang Chuanfu, said to ease charging anxiety, “The ultimate solution is to make charging as quick as refueling a gasoline car.”
That solution is now here. BYD’s new Han L is available in three trims, starting at just 219,800 yuan ($30,000), lower than the pre-sale price of 270,000 yuan ($36,800).
BYD’s new electric sedan is 5,050 mm long, 1,960 mm wide, and 1,505 mm tall, or about the size of a Tesla Model S (5,021 mm long, 1,987 mm wide, and 1,431 mm tall).
All variants are powered by an 83.2 kWh BYD Blade battery, providing up to 435 miles (701 km) of CLTC driving range. Based on BYD’s 1,000V architecture, the Han L comes with two charge guns with an up to 10C charge rate.
Nearly 250 miles in just 5 minutes?
With ultra-fast charging, the electric sedan can gain 400 km (248 miles) in just five minutes. In six minutes, it can recharge from 10% to 70%, and in just 20 minutes, it can fully recharge (0% to 100%) the battery.
Like all its new EV models, the Han L is equipped with BYD’s God’s Eye smart driving assist system. It features the mid-tier “B” version and DiPilot 300.
BYD’s new electric SUV, the Tang L, is also offered in three trims. It starts at 239,800 yuan ($32,700), also below the pre-sale price of 280,000 yuan ($38,200).
The Tang L is also based on BYD’s 1,000V architecture and ultra-fast charging platform. Powered by a 100.5 kWh battery, it has a CLTC range of up to 435 miles (701 km) and can gain 230 miles (370 km) in 5 minutes. It will take about 30 minutes to go from 0% to 100%.
BYD’s electric SUV is 5,040 mm long, 1996 mm wide, and 1,760 mm tall, or slightly bigger than the new Tesla Model Y Juniper in China (4,797 mm long, 1,920 mm wide, and 1,624 mm tall).
Like the Han L EV, the electric SUV has BYD’s God’s Eye B ADAS system with DiPilot 300. Both the Han L and Tang are available as PHEVs, starting at 209,800 yuan ($28,500) and 229,800 yuan ($31,300).
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The fintech sector is rallying Wednesday following the Trump administration’s announcement of a 90-day pause on planned tariffs.
Affirm was up 20%, Toast and Block rose 13% and PayPal increased 10%.
The 90-day pause doesn’t eliminate the threat of tariffs — it just delays it. Investors are still pricing in risk, including inflation, discretionary pullbacks, hardware import costs and credit exposure.
Legacy payment networks such as Visa and Mastercard, both up 6%, continue to benefit from inflation and their structural ties to nominal GDP. These companies take a percentage of every transaction. That makes rising prices a tailwind.
“If prices are moving up for certain goods and you’re paying with a credit card, it’s actually good for the credit card companies,” said Dan Dolev, a fintech analyst at Mizuho.
Their pricing structure has historically made them resilient during inflationary periods, including recessions. The situation is less rosy for the new wave of consumer lending fintechs.
Affirm, which specializes in allowing consumers to buy now and pay later, could suffer if consumers pull back spending when the pause is lifted as a result of tariffs causing prices to rise. The San Francisco-based company could see its revenue less transaction costs margins — essentially what the company pockets after paying processing fees and customer incentives — drop more than 22% in that scenario, according to a Goldman Sachs estimate on Tuesday.
The adoption of buy now, pay later may rise as consumers hit credit limits, said SIG analyst James Friedman, but he added that the model remains untested in a downturn.
Toast, Block and Fiserv, which was up 6%, develop software used by restaurants and small businesses. Those companies could face rising hardware costs and softening demand from customers if the tariffs go through.
Meanwhile, cross-border payments — one of the most profitable segments for Visa, Mastercard and PayPal — remain under pressure as global travel slows and e-commerce flows adjust to the uncertainties of Trump’s tariffs.
Even remittance players such as Remitly and Western Union, both up 8%, could face longer-term pain if immigration pipelines slow or remittance corridors tighten under regulatory scrutiny. Similar to cross-border commerce, remittances depend on a steady flow of people and transactions, both of which remain fragile.
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