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Want to cruise through 2024 on a new electric bike? There’s no better place to find your perfect ride than the No. 1 e-bike provider, Upway. Check out these great deals on e-bikes in Upway’s January sale – and Electrek readers get an exclusive $100 off with code ELECTREK. But don’t wait! It’s a limited-time offer, so when February arrives, this sale ends.

How Upway works

Online e-bike retailer Upway sells the e-bikes you want. It has the broadest selection of brand-new and certified pre-owned e-bikes, including such top brands as Specialized, Trek, Aventon, and Gazelle.

Its focus on quality and affordability makes Upway a standout from other e-bike retailers – Upway wants electric mobility to be affordable for everyone, so every bike it sells is up to 60% off retail.

Each e-bike Upway sells is rigorously inspected, tuned up, and certified by its team of master mechanics and comes with a one-year warranty. After you place your e-bike order, it’s delivered to your doorstep 99% assembled within a week, but if you decide it’s different from what you wanted, you can return it within 14 days.

And if you’re thinking, “Well, I already have an e-bike, but if I got a new one, what would I do with my old e-bike?” Good news: Upway buys e-bikes, too, so you can sell or trade in your old one.

So, without further ado, check out four of Upway’s best-selling e-bike models below – and they’re available in the January sale now.

Mountain e-bike – Specialized Turbo Levo Carbon

This Specialized Turbo Levo Carbon is ideal for tall people – between 6ft 2in and 6ft 8in – who want a top-notch, full-suspension electric mountain bike.

This never-before-owned 2022 model is a 51-pound elite bike that features a lightweight carbon fiber frame, 250W engine power, and a battery capacity of 320 Wh. It’s got 12 speeds and has a max speed of 20 mph, and it’s ideal for mountain bike riders who want to test their limits in the great outdoors.

Normally $6,800 new, Upway has the Specialized Turbo Levo Carbon on sale for $4,299 – that’s 37% off. You can check out the Specialized Turbo Levo Carbon electric mountain bike here.

City e-bike – Gazelle Ultimate C380+

The Gazelle Ultimate C380+ is one of Upway’s top 10 best-selling electric bike brands, and that’s unsurprising, seeing how this versatile e-bike offers a sleek design and high-quality components that ensure both style and performance. It’s great for long-distance pedaling, commuting, and leisure rides.

This 2022 never-before-owned hybrid e-bike fits folks between 4ft 10in and 5ft 6in tall. The zippy C380+ has 350W engine power, a battery capacity of 500 Wh, and a max speed of 28 mph.

Normally $4,999, Upway has the Gazelle Ultimate C380+ on sale for $2,999 – that’s 40% off. You can check out this Gazelle Ultimate C380+ city electric bike here.

Cargo e-bike – Riese & Müller Load 60 Vario HS

Need to move both kids and cargo in an urban setting? Then the Riese & Müller Load 60 Vario HS could be the perfect e-bike for you and your family. It has a robust build that can handle heavy loads, and its 250W engine and 1000 Wh high-capacity battery ensures speedy journeys of up to 28 mph. You can transport groceries and passengers around the city with electric assistance, making getting around a breeze.

This brand-new Riese & Müller Load 60 Vario HS is ideal for people between 5ft 6in and 6ft 6in. It comes with a dual-battery setup, Nyon computer, child cover, two child seats with footwell in the front, and additional chain lock with bag.

Normally $12,561 new, Upway has the Riese & Müller Load 60 Vario HS on sale for $9,999 – that’s 20% off. You can check out this Riese & Müller Load 60 Vario HS cargo electric bike here.

Folding e-bike – Brompton Electric P Line Urban

At 35 lb, the ultralight Brompton Electric P Line Urban is the sleek and compact e-bike you need for nimble urban convenience. This electric bike combines Brompton’s renowned folding design with an efficient 250 W electric motor, resulting in a seamless commute. You can easily fold it up and take it with you on public transportation or store it in small spaces. This P Line Urban is made for people between 5ft 3in and 6ft 1in, and it’s perfect for navigating crowded streets at speeds up to 20 mph.

Normally $4,700 new, Upway has the Brompton Electric P Line Urban on sale for $3,749 – that’s 20% off. You can check out this Brompton Electric P Line Urban foldable electric bike here.

Remember to enter the code ELECTREK when you check out to get an extra $100 off on top of Upway’s already awesome January deals!

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Japan’s Nippon expected to close acquisition of U.S. Steel at $55 per share, sources say

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Japan's Nippon expected to close acquisition of U.S. Steel at  per share, sources say

Sen. Dave McCormick on Nippon-U.S. Steel deal: A win-win situation for both sides

Japan’s Nippon Steel is expected to close its acquisition of U.S. Steel for $55 per share, sources familiar with the matter told CNBC’s David Faber.

President Donald Trump cleared Nippon’s bid for U.S. Steel on Friday, referring to the deal as a “partnership.” Trump said Nippon will invest $14 billion over the next 14 months. U.S. Steel’s headquarters will remain in Pittsburgh, the president said.

U.S. Steel shares were up more than 1% on Tuesday. The $55 per share bid for U.S. Steel is the offer that Nippon originally made for the company before the deal was blocked in January.

President Joe Biden had blocked Nippon’s bid for U.S. Steel on national security grounds, arguing that the deal will potentially jeopardize critical supply chains. But Trump ordered a new review of the proposed acquisition in April, despite his previous opposition to Nippon acquiring U.S. Steel.

The United Steelworkers union had opposed the Nippon’s bid to acquire U.S. Steel. USW President David McCall said Friday that the union “cannot speculate about the impact” of Trump’s announcement “without more information.

“Our concern remains that Nippon, a foreign corporation with a long and proven track record of violating our trade laws, will further erode domestic steelmaking capacity and jeopardize thousands of good, union jobs,” McCall said in a statement.

Trump told reporters on Sunday that the deal is an “investment, it’s a partial ownership, but it will be controlled by the USA.” Pennsylvania Senator Dave McCormick told CNBC on Tuesday that U.S. Steel will have an American CEO and a majority of its board members will be from the U.S.

“It’s a national security agreement that will be signed with the U.S. government,” McCormick told CNBC’s “Squawk Box.” “There’ll be a golden share that will essentially require U.S. government approval of a number of the board members and that will allow the United States to ensure production levels aren’t cut.”

The $14 billion that Nippon will invest includes $2.4 billion that will go to U.S. Steel’s operations at Mon Valley outside Pittsburgh, McCormick said. The deal will save 10,000 jobs in Pennsylvania and add another 10,000 jobs in the building trades to add another arc furnace, the senator said.

When asked what Nippon gets from the deal, McCormick said the Japanese steelmaker will “have certainly members of the board and this will be part of their overall corporate structure.”

“They wanted an opportunity to get access to the U.S. market — this allowed them to do so and get the economic benefit of that,” McCormick said of Nippon. “They’ve negotiated it, it was their proposal.”

Trump said Friday he will hold a rally at U.S. Steel in Pittsburgh on May 30.

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Kia announces 2026 EV9 pricing with discounts on multiple trims

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Kia announces 2026 EV9 pricing with discounts on multiple trims

Kia has posted details of its 2026 model year EV9 SUV, including updated pricing. Most of the EV9’s third model year carries over from the 2025 version, but there are some cool new customizations and configurations. Additionally, several of the 2026 trims of the Kia EV9 are priced at their lowest to date.

The Kia EV9 has entered its third model year after establishing itself as a slam-dunk of a three-row BEV and a flagship model for the Korean automaker. During its production run, the EV9 has garnered several awards and steady sales as it transitioned production of the BEV to its US plant in Georgia.

As such, the 2025 versions of the Kia EV9 qualify for federal tax credits (while they’re still around). The 2026 versions of the Kia EV9 may also briefly qualify for credits, but the pricing of multiple trims will save consumers a little cash.

We shared how those model-year prices compare below.

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Kia-EV6-EV9-production

Kia lowers a majority of EV9 trim pricing for 2026

Kia shared all the details of its 2026 EV9 models today, including its latest pricing. As mentioned above, most of the updates for the third model year are cosmetic, but there are some (slight) increases to range compared to the 2025 versions.

For example, the Light Long Range EV9 gained a whole extra mile (305 mi), while the Wind and Land trims jumped from 280 miles in 2025 to 283 for 2026. Lastly, the top-tier GT-Line increased the most, gaining 10 miles of range for 2026 (280 miles).

Before we get to EV9 pricing, here are some additional updates, per Kia:

  • New Nightfall Edition available on Land trim
    • Design and performance enhancements
    • Exclusive 20-inch gloss black wheels, black badging, and gloss black trim
    • New Roadrider Brown exclusive exterior color
    • Exclusive interior seat stitching pattern and design elements
    • Offered with both 6-passenger and 7-passenger seating configurations at no extra cost
  • All AWD trims (Wind/Land/GT-Line) gain Terrain Mode (Mud/Snow/Sand), which replaces 4WD
  • 2026 GT-Line gains two new two-tone exterior color options:
    • Glacial White Pearl with Ebony Black roof
    • Wolf Gray with Ebony Black roof

Okay, as promised, here’s the 2026 model-year Kia EV9 pricing. For comparison, we’ve included MSRPs for the first three model years of the EV9’s existence so you can see how prices have changed (or held steady). Note that these MSRP’s exclude destination and handling, taxes, title, license fees, options and retailer charges:

Kia EV9 Trim 2024 Price 2025 Price 2026 Price
Light Standard Range $54,900 $54,900 $54,900
Light Long Range $59,200 $59,900 $57,900
Wind $63,900 $63,900 $63,900
Land $69,900 $69,900 $68,900
GT-Line $73,900 $73,900 $71,900

As you can see, the Light SR trim of the EV9 held steady at $54,900 for a third consecutive year. The only other RWD option, the Light LR, saw a $2,000 price drop after going up $700 in 2025. The AWD Wind trim once again held steady while the EV9 Land saw a $1,000 decrease.

Last but not least, the 2026 Kia EV9 GT-Line’s pricing dropped $2,000 and is now below $72,000 before taxes and fees. Add the potential for federal tax credits to these drops in 2026 pricing, and now is as good a time as ever to get a shiny new Kia EV9.

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Tesla (TSLA) keeps getting worse in Europe despite electric car sales surging

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Tesla (TSLA) keeps getting worse in Europe despite electric car sales surging

Tesla’s (TSLA) situation in Europe continues to deteriorate, despite electric car sales surging and the new Model Y now being available.

The European Automobile Manufacturers Association (ACEA) released the latest complete data for European vehicle sales for April 2025 today, and it confirmed that Tesla’s total sales in EU, EFTA, and UK amounted to 7,261 units – down 49% year-over-year:

Tesla’s deliveries in Europe are now down 38.8% year-over-year for the first four months of the year.

During that same period, battery-electric vehicle sales grew 26.4% in the market and 34.1% in April alone.

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Last week, we reported that Tesla CEO Elon Musk claimed “every manufacturer” is experiencing demand problems in Europe, with “no exception.”

As we can see from the ACEA data, that’s not true. The Volkswagen Group, Renault, BMW, and SAIC are all up year-to-date and in April.

Tesla’s problems persist into May. The data coming from European markets that report daily car registration shows that Tesla’s Q2 is still tracking barely above Q1 and significantly below Q2 2024:

In Q1 2025, Tesla blamed its poor performance on the Model Y changeover, but it doesn’t have this excuse in Q2.

The automaker is currently offering record discounts and incentives to buy in most markets, including Europe. It also has its new Model Y available, but it is clear that Tesla is suffering from demand problem as its sales are down in virtually all markets.

Electrek’s Take

The narrative that everyone is having demand problems in Europe is not true, mainly when you focus on battery-electric vehicles.

Sales are way up. Tesla is the exception in BEVs.

It’s true that the Model Y changeover had an impact in Q1, but it wasn’t fair to blame the full decline on it. A significant portion of Tesla’s issues in Q1 was related to brand damage, primarily due to its CEO, Elon Musk, and this is now becoming clear in Q2.

There’s room to get worried as competition is only going to get tougher.

The brand damage occurring just as customers are gaining more options is not positive for Tesla.

At this point, it’s not clear what Tesla can do to turn things around in Europe. Distancing itself from Musk could help, but even then, it looks like Tesla would need a lot more to get out of an almost 50% drop.

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