Don’t think you have room for an e-bike? This affordable HeyBike model will prove you wrong thanks to its folding design that clocks in at $401 off. Complete with a 48-mile range and 20 MPH top speed, it falls to $799 alongside a deep New Year’s discount on this electric motorbike from Hover-1 as well as all of the other new Green Deals to kick off 2024.
Best Buy today is kicking off the savings with a chance to save on this more affordable HeyBike folding e-bike. We’ve gone hands-on with EVs from this brand a few times and have always walked away impressed with the value. Now the Mars model is an even better buy as it drops to $799 shipped. This is $401 off the usual $1,200 price tag and marking the best we’ve seen in months. The folding design is not only ideal for stowing away when not in use, but in this case delivers a 48-mile max range with 20 MPH top speeds thanks to its 500W motor and 600Wh battery. The Class 2 e-bike features a Shimano 7-speed gear shift, as well as a rear storage rack and pair of fat tires for more rugged riding.
Hover-1’s Altai Pro R750 e-bike is now just $1,392
Amazon is offering the Hover-1 Altai Pro R750 e-bike for $1,392.01 shipped. Down from its $3,000 price tag, this e-bike only received one discount in the first half of the year, with summer’s end bringing more frequent and larger price cuts. Today’s deal is a 45% 54% markdown off the going rate, giving you $1,359 $1,608 in savings, beating out Hover-1’s own website where it is still listed at its MSRP, and marking a new all-time low to end the year on.
Designed with the stylish frame of a motorcycle, this e-bike comes equipped with a 750W motor and a 48V/20Ah lithium-ion battery that can reach top speeds of 28 MPH and travel up to 55 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.
This combo kit’s lawn mower comes equipped with a 40V brushless motor alongside 5.0Ah and 2.0Ah batteries that offer up to 60 minutes of continuous runtime on a single charge and can recharge fully in up to two hours. There’s also a string trimmer, leaf blower, and chainsaw in the box that run on the same 40V battery system.
Anker PowerCore Reserve hits $140
The new PowerCore Reserve 192Wh is dropping lower than ever before at $139.99. It’s $30 off the usual $170 price tag and falling to an all-time low. It’s an extra $1 below our previous mention, too. The perfect option for bridging the gap between Anker’s more mobile-friendly portable chargers and its flagship power banks, we break down the whole package below the fold, as well as over in our launch coverage.
Anker’s new PowerCore Reserve 192Wh arrives as a unique new addition to its lineup. Part camping lamp and part charger, the unique offering is ready to handle dishing out more power than your usual portable offering. The entire build starts with a 60,000 mAh internal battery that sits within a more rugged form factor than the brand’s usual releases. It has an integrated strap on top that helps make transporting the heftier build a bit easier. Now, it sells for the best price yet, making the package we wrote home about in our launch coverage an even better value.
Winter 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. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
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The California Air Resource Board (CARB) has withdrawn its request to enact the proposed Advanced Clean Fleets rule, which required fleets that are “well-suited for electrification” to reduce emissions through the phase-in of Zero-Emission Vehicles (ZEVs) and the banning of commercial diesel sales after 2035.
“Frankly, given that the Trump administration has not been publicly supportive of some of the strategies that we have deployed in these regulations, we thought it would be prudent to pull back and consider our options,” CARB chair Liane Randolph said in an interview. “The withdrawal is an important step given the uncertainty presented by the incoming administration that previously attacked California’s programs to protect public health and the climate and has said will continue to oppose those programs.”
Here’s hoping the BEVs and ZEVs have better luck next round.
Electrek’s Take
While some may celebrate the delay of the Advanced Clean Fleets rule, their celebrations will undoubtedly prove to be myopic and short-lived. The reality is that America is no longer the world leader in technology or transportation that backward organizations like the American Trucking Association believe it to be, and the fact is that delaying a transition to cleaner, more efficient technology will only put the US further behind its economic rivals in Asia and the Middle East.
Even before this Pyrrhic victory for American truck brands that have been slow to push BEVs into production, demand for diesel was at a generational low, and companies like Volvo, Renault, and Mercedes-Benz have been logging millions of electric miles on their deployed trucking fleets.
All of which is to say: if you thought it was going to be hard for American brands to catch up before, it’s going to be even harder now.
In an official announcement released at 8:15PM last night, Walmart-backed electric van company Canoo filed a voluntary petition for relief under Chapter 7 of the US Bankruptcy Code and will cease operations immediately.
“We would like to thank the company’s employees for their dedication and hard work,” said Tony Aquila, Canoo CEO and one of the company’s largest investors (according to the press release). “We know that you believed in our company as we did. We are truly disappointed that things turned out as they did. We would also like to thank NASA, the Department of Defense, The United States Postal Service (‘USPS’), the State of Oklahoma and Walmart for their belief in our products and our company. This means a lot to everyone in the company.”
As a result of the chapter 7 filing, Canoo will cease operations effective immediately, 8:15PM on 17JAN2025. The next step in the company’s dissolution will see a court-appointed trustee manage the liquidation of the company’s remaining assets.
Electrek’s Take
Rumors fueled by outspoken former employees of Canoo began circling late last year, with furloughed employees urging Oklahoma state leaders to “hold the electric vehicle company accountable” after it shuttered the OK production line that had received more than $100 million in state incentives.
The same employee claims that the company was being wildly mismanaged, and that what few Canoo vehicles the company said it had built in the Oklahoma plant were actually built in Texas, and that no vehicles were actually ever built in OK. “Nothing was functioning,” the unnamed employee said, speaking to local news channel KFOR. “There was no, there was not one robotics line that actually worked to fabricate a part.”
You could argue that the employees should also be held accountable for happily collecting paychecks without actually producing anything this whole time, but that’s a conversation for another day. For now, I’ll be mourning the loss of what could have been a fun little domestic off-roader, and hoping Canoo’s employees find a soft landing and better jobs elsewhere.
The US Department of Energy (DOE) today announced $1.2 billion in financing to replace Puerto Rico’s fossil fuel plants with solar and battery storage through 2032.
The DOE’s Loan Programs Office announced two conditional commitments and one loan closing to power producers in Puerto Rico. Each supports a project contracted with the Puerto Rico Electric Power Authority. The announcements include:
The closing of a $584.5 million loan guarantee to subsidiaries of Convergent Energy to finance a 100 MW solar farm with a 55 MW (55 MWh) battery energy storage system (BESS) in the municipality of Coamo and BESS installations in the municipalities of Caguas (25MW/100MWh), Peñuelas (100MW/400MWh), and Ponce (up to 100MW/400MWh)
A conditional commitment for a loan guarantee of up to $133.6 million to a subsidiary of Infinigen for a 32.1 MW solar farm with an integrated 14.45 MW (4.76 MWh) BESS, and a co-located standalone 50 MW (200 MWh) BESS expansion in the municipality of Yabucoa
A conditional commitment for a loan guarantee of up to $489.4 million to a subsidiary of Pattern Energy for three stand-alone BESS in the municipalities of Arecibo (50 MW/200 MWh), and Santa Isabel (50 MW /200 MWh and 80 MW/320 MW), and a 70 MW solar farm with an integrated BESS in the municipality of Arecibo.
If all are finalized, these projects would more than double LPO’s support for utility-scale solar generation and battery energy storage in Puerto Rico.
LPO provides low-cost financing and a rigorous due diligence process, making it a valuable resource for Puerto Rico as it works to rebuild an affordable, reliable, and clean energy system. As a result of reliance on imported fuel, the persistent threat of tropical storms, and underinvested infrastructure, Puerto Ricans today face average energy costs that are twice the US average – all while consuming only one-quarter of the energy of the US per capita.
LPO’s initial loan to a power producer in Puerto Rico, Project Marahu, closed in October 2024, and when complete will add more than 200 MW of solar and up to 285 MW of stand-alone energy storage to Puerto Rico’s grid.
Through its September 2023 partial loan guarantee to Project Hestia, LPO also supports virtual power plant (VPP)-ready rooftop solar and battery storage installations in Puerto Rico. As a nationwide project, Hestia’s sponsor is committed to at least 20% of installations under Project Hestia going to homeowners in Puerto Rico.
As part of its procurement plan, Puerto Rico Electric Power Authority seeks to install 1,500 MW of battery storage and requires a minimum capacity of storage to be co-located with each utility-scale solar project. Energy storage systems currently online in Puerto Rico are being dispatched every day.
When including Marahu, LPO’s closed and conditionally committed financing supports over 100% of the capacity Puerto Rico Electric Power Authority aimed to procure under its initial request for energy storage project proposals, the first of six.
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