Premium e-bike brand Gocycle unveils the sleekest-looking cargo bike you’ve ever seen
If you know anything about Gocycle, you’ll know that they make fancy electric bikes designed with sleek, exotic designs. Now, the company is leaning hard into its lightweight, futuristic design legacy as it unveils the new Gocycle CXI Family Cargo Bicycle.
And it makes sense, considering that Gocycle’s founder and designer Richard Thorpe was formerly an engineer at McClaren. That same penchant for exotic materials and gram-shaving engineering found its way into several award-winning models of Gocycle folding e-bikes.
Now with the new Gocycle CXI, we’re seeing the company apply that dedicated level of design in a whole new category of cargo e-bikes designed for families and heavy haulers.
As Thorpe explained, “Entering the cargo e-bike scene is a bold move for Gocycle, expanding our product family into uncharted territory. We’ve focused on our core values of lightweight and portability – addressing a vital gap in the market, especially for customers turned off by cumbersome and heavy cargo bikes.”
“We’ve also stayed true to our OneDesignDNA® philosophy, preserving a cohesive design language and sleek identity across all Gocycle products,” Thorpe continued. “Instantly recognizable as a Gocycle, the all new CXi employs Gocycle’s kernel of patented innovations such as our side-mounted Pitstopwheels®, Gocycle’s F1-inspired monocoque chassis, enclosed Cleandrive® drivetrain and internal cabling.”
Looking around the bike will betray no trace of a single chain, spoke, cable, wire, gear, grease, or a litany of other conventional bike components. Some are replaced. Others are entirely hidden from view behind cleverly engineered shrouds and inside of specially designed frame tubes. It all combines to create that classic Gocycle aesthetic we’ve come to know and love over the years.
New innovations help continue that design spec, such as the all-new Flofit® handlebar designed for rider ergonomics and comfort. It is adjustable to provide either an upright riding position or a forward racing style, changing its reach, height, and grip angle to provide multiple hand positions and fingertip controls. The patent-pending technology gets packaged and protected inside the handlebar body, giving one bolt access for brake adjustments and tuning.
On the opposite end of the bike, a Gates carbon belt drive is hidden away inside Gocycle’s Cleandrive packaging leading to the rear wheel, where it terminates in a Shimano Nexus 5-speed internally geared hub.
Tying it all together is the “bold new WingPillar Frame® design [that] builds from Gocycle’s core F1- inspired monocoque chassis DNA. Tested to meet the high-load and safety standards (480lbs rated) demanded for hauling stuff, kids, and pets – and lightweight. The rear deck is compatible for MIK child seats and accessories making multimodal configurations a breeze to fit. Optional premium cherry and teak wood available.”
On the tech side, the US version of the bike will carry a 500W motor and reach a top speed of 20 mph (32 km/h), while the European version will swap in a 250W motor and have a reduced top speed to meet local regulations. Both models come with the same torque sensor for smoother and more responsive pedal assist action, as well as the same quickly removable 375 Wh battery that claims a 50-mile (80-km) range. Also included standard are hydraulic disc brakes, Schwalbe Moto X tires, single-sided proprietary carbon fiber fork, daytime running lights, custom double kickstand, and detachable pedals.
Compared to most bulky and heavy cargo e-bikes, the Gocycle CXI is comparatively svelte at just 50 lb (22.7 kg). To put that in perspective, the Rad Wagon 4 cargo e-bike weighs over 50% more. Imagine being able to take a cargo e-bike that can carry 480 lb, but then fold it up and carry it under your arm. That’s never been seen before, and frankly, I’m not sure I thought I’d ever see it.
The CXI may have significantly trimmed the weight, but as is usually the case in the e-bike industry, that has an inverse effect on the price. Considering all the other custom designs, proprietary components, the fact that a cargo e-bike even folds, and the advanced engineering that went into making all of that happen, you didn’t expect to get away for a song, did you? The base model starts at US $6,999, while the higher-spec CXI+ that includes the fancier Flofit handlebar is priced at US $7,999. Pre-orders are now open with $499 reservations holding a spot in line.
Electrek’s Take
Wow, it’s a beautiful bike. And if I can dust off my old mechanical engineering degree for a moment, the ME in me is drooling over the design and engineering that make this bike possible. But then if I can dust off my old MBA for a moment, I’m wondering how many of these the company can actually sell at this price point when the e-bike industry is hurting in a way it hasn’t seen in years – if ever.
Don’t get me wrong, this bike is a masterclass in design. But if the US e-bike market has proven anything, it’s that Americans assign much more value to decent but affordable bikes than to highly-engineered models. Europe seems to have a different calculus, putting a much higher value on long-lasting, well-designed, and quality-manufactured e-bikes. So I can see this competing nicely with the best of the German ultra-premium cargo e-bikes. But I’m curious how many we’re going to see cruising around San Francisco or NYC anytime soon.
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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.
Read more: Cleantech investments to top fossil fuels for the first time in 2025
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Chevy just introduced new deals on the Equinox and Blazer EV models to make them even more affordable. With 0% interest and a new trade-in bonus, Chevy is offering over $5,000 in savings.
Chevy adds new Equinox and Blazer EV deals in January
Although the Chevy Equinox EV is already “the most affordable” EV in its class with over 315 miles range, it’s getting even cheaper.
Earlier this week, Chevy launched new deals on the 2024 Equinox and Blazer EV models. According to a note sent to dealers, viewed by CarsDirect, the electric SUVs are now available with 0% APR financing for 60 months. You can also choose from 0.9% AP for 72 months and 2.9% APR for 84 months.
This marks the best financing offer on Chevy’s newest EVs to date. The previous best rates were 0.9% APR for 60 months, 3.9% for 72 months, and 5.9% for the longer 84-month option.
On a 7-year $45,000 loan, online auto research firm CarsDirect estimates the new deals amount to around a $5,200 price cut. The lower APR rates are already offered on the Chevrolet Silverado EV pickup.
In addition, Chevy is offering a trade-in bonus of up to $3,000 on the Silverado EV and $1,000 on the electric Equinox and Blazer models. If you choose to lease, the bonus is cut in half: $1,500 for the Silverado and $500 for the electric SUVs.
Chevy’s new EV deals started on January 14 and run through March 3, 2025. The deals come as rivals like Hyundai and Ford recently launched new EV promotions.
On Thursday, Hyundai launched a new promo on the upgraded 2025 IONIQ 5, which includes monthly leases as low as $199 and a free ChargePoint home EV charger (or $400 charging credit). Meanwhile, Ford extended its “Power Promise” program earlier this month, which also includes a free home charger, among several other benefits.
The 2024 Chevy Equinox EV started at $41,900 with up to 315 miles range. Prices for the electric Chevy Blazer start at $43,690 with up to 279 miles range.
If you are ready to try out Chevy’s new electric SUVs for yourself, we’ve got you covered. You can use our links below to view offers on the Chevy Equinox, Silverado, and Blazer EV models near you.
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss non-Tesla EVs getting Supercharger access, Cybertruck sales in the spotlight, Rivian getting some money from Biden, and more.
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