In what is likely to the biggest shock unveiling in the e-bike industry so far this year, leading electric bike maker Lectric Ebikes has just rolled out the new Lectric ONE. Positioned as a premium commuter e-bike in the budget space, the new model marks equally new territory for the low-cost e-bike company turned premium space competitor.
To understand how industry-shaking this e-bike launch is, you have to understand the company behind it. Lectric Ebikes’ entire MO has been to find highly-demanded niches in the US e-bike market and then roll out new models at a fraction of the cost of competitors. That’s how we got crowd favorites like the $799 Lectric XP Lite and the $999 Lectric XP 3.0, known as the best-selling e-bike in the country.
Now the company is doing it again, but targeting a much… much fancier type of e-bike segment. That means that the traditional budget-level derailleurs and chains are now being replaced by top-tier European transmissions and carbon fiber-reinforced drive belts.
That dual kickstand appears to have not made it onto the final version
Look no further than the Lectric ONE’s auto-shifting electric gearbox from Pinion, a German manufacturer whose same gearboxes routinely land on $10,000+ e-bikes such as those from Swiss manufacturer Stromer. Pinion’s highly acclaimed bike gearboxes are modeled after automotive transmissions and are widely seen as the holy grail of bicycle transmissions.
But Lectric didn’t just opt for a fancy gearbox, they chose the even higher-end version of Pinion’s 6-speed lineup with automatic electric shifting. That feature allows complete customization of the shifting parameters, letting riders dial in their performance marks such as ideal cadence, shift points, preferred gear to downshift into at stops automatically, and more, all from the bike’s dashboard display.
The weather-sealed gearbox is maintenance-free, just like the industry-leading Gates Carbon Belt drive found on the bike. As a replacement for bicycle chains, Gates’ carbon fiber-reinforced belts are quieter, smoother, longer-lasting, and more efficient than chains over their entire lifespan. And to top it all off, they don’t require maintenance such as oiling or washing.
And similarly to the move with Pinion’s gearbox, Lectric again climbed up to nearly the top shelf of the component hierarchy, opting for Gate’s premium CDC belt and CDX sprocket.
The inclusion of largely maintenance-free hydraulic disc brakes on 180 mm rotors adds one more component to the list of parts that riders won’t have to worry about keeping in tune.
And despite the 55-lb (25 kg) Lectric ONE‘s positioning as a lightweight commuter e-bike, it still packs in the extra power we’ve come to know and love from Lectric. A true 750W-rated Stealth M24 motor can be found in the rear wheel, offering speeds of up to 28 mph (45 km/h). The company explained, “As the lightest e-bike with a 750-watt motor, the Lectric ONE boasts the highest power-to-weight ratio of any e-bike ever, offering lightning-fast starts and quick acceleration.”
Two 48V battery options are available, either 10.4Ah or 14Ah. The 500Wh and 672Wh batteries offer maximum ranges of 50 miles and 75 miles, respectively. Both are UL-compliant for added safety and peace of mind.
The Lectric ONE includes a new color LCD display, a 24-amp potted motor controller helping that 750W motor put out over 1,300W of peak power, a left-side thumb throttle, a side-sweeping kickstand, 20″x2.5″ city tires, a thru-axle front hub, integrated front and rear LED lighting, a telescoping seat post and handlebars for wider range of size adjustments, and hidden cable routing.
The one area that struck me as an odd choice was the inclusion of a cadence sensor over a torque sensor. Generally, torque sensors are incorporated on nicer bikes like these to reduce sensor lag, which is often associated with cadence sensors. But Lectric Ebikes’ Co-founder and CEO Levi Conlow reassured me, explaining how “while most cadence sensors have 12 magnets, our has 96 of them, so we’ve got 8x the resolution and much snappier feedback.”
Lectric’s signature PWR pedal assist is also included, offering current-based pedal assist levels instead of speed based. While it’s not the same as a true torque sensor, it does significantly bridge the gap by removing the lurching feeling often found in speed-based pedal-assist e-bikes. And with 8x the number of cadence sensor magnets, the pedal assist lag should be significantly reduced as well.
Perhaps the most impressive feature of all on the Lectric ONE isn’t a component, but rather the price. The bike is launching at $1,999 with a standard range battery, though a longer range battery is available as a $200 upgrade. To put that into perspective, it would be difficult to walk into a bike shop today and order that Pinion automatic shifting gearbox for less than $1,999, let alone receive an entire well-designed bike for that price.
Pre-orders for the new e-bike are now open, with shipping expected to begin in May. Color choices are limited to black or… well, just black. Fortunately, the company has a wide range of accessories to choose from, helping riders make the bike unique and customized to various types of riding. Just don’t worry about a rear rack or fender set, those are included free for anyone who puts down a pre-order now.
Electrek’s Take
This is kind of crazy, folks.
At this point, it seems like Lectric is just playing God with the entire e-bike market. I’m not exaggerating when I say this gearbox is extremely expensive. You literally couldn’t buy just gearbox for the price of this bike. It’s only through Lectric’s massive size and extreme purchasing power that they could even put it on a bike in this price class. The next cheapest e-bike I can find that has this same Pinion C1.6i auto-shifting gearbox is the Stromer ST7, which is a $13,000 electric bike.
Why they even went this direction, that’s a whole other question. Belt drive e-bikes can’t use a derailleur like a chain drive can, so if you don’t want to be stuck with a single speed on a belt drive, you need to either use an internally geared rear hub, which forces you to use a mid-drive motor (the standard solution) or use a gearbox at the pedals. And if you want to include a throttle, then your mid-drive options are limited and problematic (mid-drive motors with throttles love to chew up transmissions), giving more weight to the idea of replacing a mid-drive motor with a central gearbox. I never thought I’d actually see Lectric do it though, as it’s truly several classes above anything the company has produced before.
When trying to think about which bikes the Lectric ONE will compete against, I’m largely coming up empty. Instead, I think it’s creating a new class of bikes – premium value commuters. It sounds like an oxymoron, a premium-value bike. But that’s what they’ve built here. It almost fills the void left by bikes like the VanMoof A5, creating a fairly lightweight and small-wheeled, automatic shifting commuter e-bike with a sleek design. Except that it does so at half the price, and without the same level of in-house proprietary technology that doomed VanMoof into bankruptcy.
I feel like I’m still processing all that went into this bike, and the craziness of launching it at this price. Sure, it’s not for everyone. If you want fat tires or suspension, they’ve got a great $999 e-bike for you. But for folks who want a lighter, more efficient commuter e-bike, and suddenly want an insanely fancy automatic shifting gearbox paired with a Gates carbon belt drive, this is a weirdly affordable way to make it happen at just $1,999.
It’s a brave new world.
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On today’s hyped up hydrogen episode of Quick Charge, we look at some of the fuel’s recent failures and billion dollar bungles as the fuel cell crowd continues to lose the credibility race against a rapidly evolving battery electric market.
We’re taking a look at some of the recent hydrogen failures of 2025 – including nine-figure product cancellations in the US and Korea, a series of simultaneous bus failures in Poland, and European executives, experts, and economists calling for EU governments to ditch hydrogen and focus on the deployment of a more widespread electric trucking infrastructure.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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Got news? Let us know! Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.
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Believe it or not, you can lease an EV for under $200 a month. New deals on models like the 2025 Hyundai IONIQ 5 and Kia EV6 are hard to pass up this month.
Electric vehicles have been all over the news lately, with the Trump administration threatening to end federal incentives and introducing new tariffs that are expected to lead to higher prices.
On the positive side, new EV models are arriving, giving buyers more options and driving prices down. Many automakers reported record US electric car sales in the first three months of 2024.
GM remained the number two seller of EVs behind Tesla after sales doubled in Q1 2025. With the new Equinox, Blazer, and Silverado EVs rolling out, Chevy is now the fastest-growing EV brand in the US. Ford’s Mustang Mach-E is off to its best sales start since launching, with over 11,600 models sold in the first quarter.
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With the 2025 models rolling out and about 15 new EVs arriving this year, many automakers are introducing steep discounts to move vehicles off the lot.
2025 Hyundai IONIQ 5 Limited (Source: Hyundai)
EVs for lease for under $200 a month in April
Although the decade-old Nissan LEAF remains one of the most affordable this April at just $149 per month, there are a few EVs under $200 right now that are worth taking a look at.
The new 2025 Hyundai IONIQ might be the best EV deal this month, with leases as low as $199. Hyundai is currently promoting a 24-month lease deal with $3,999 due at signing.
Hyundai’s new 2025 IONIQ 5 Limited with a Tesla NACS port (Source: Hyundai)
Hyundai upgraded the electric SUV with a bigger battery for more range (now up to 318 miles), a sleek new look inside and out, and it now comes with an NACS port so you can charge it at Tesla Superchargers.
The offer is for the IONIQ 5 SE RWD Standard Range, which has a driving range of up to 245 miles. For just $229 a month, you can snag the SE RWD model, which has a range of up to 318 miles and a more powerful (225 horsepower) electric motor. It’s also a 24-month lease with $3,999 due at signing.
To sweeten the deal, Hyundai is offering a free ChargePoint Home Flex Level 2 EV charger with the purchase or lease of any 2024 or 2025 IONIQ 5. If you already have one, you can opt for a $400 public charging credit.
After slashing lease prices this month, the 2025 Nissan Ariya is actually cheaper than the LEAF in some regions. In Southern California, the 2025 Nissan Ariya Evolve AWD is listed at just $129 per month. The AWD model has a range of up to 272 miles.
The deal is for 36 months, with $4,409 due at signing. In April, Nissan cut Ariya lease prices to around $239 in most other parts of the country.
Kia has a few EVs available to lease for under $200 a month in April. The 2025 Kia Niro EV Wind is listed at just $129 for 24 months, with $3,999 due at signing. Kia’s crossover SUV has EPA-estimated range of 253 miles.
2024 Kia EV6 (Source: Kia)
The 2024 EV6 may be worth considering at just $179 for 24 months ($3,999 due at signing). In California, the EV6 Light Long Range RWD is only slightly more than the Niro Wind.
In most other parts of the country, you can still find the EV6 for under $200 a month. The Light Long Range RWD trim offers up to 310 miles of EPA-estimated range.
Lease Price
Term (months)
Amount Due at Signing
Driving Range
2025 Hyundai IONIQ 5 SE RWD Standard Range
$199
24
$3,999
245 miles
2024 Kia EV6 Light Long Rang RWD
$179
24
$3,999
310 miles
2024 Kia Niro EV Wind
$129
24
$3,999
253 miles
2025 Nissan Ariya Evolve AWD
$129
36
$4,409
272 miles
2025 Nissan LEAF S FWD
$149
36
$2,629
149 miles
2024 Fiat 500 INSPI(RED)
$199
24
$2,999
149 miles
EVs for lease for under $200 a month in April 2025
And don’t forget the 2024 Fiat 500e, which is now listed at just $199 for 24 months with $2,999 due at signing. The electric hatchback offers a range of up to 149 miles.
Ready to snag the savings while they are still here? At under $200 a month, some of these EV lease deals are hard to pass up right now. Check out our links below to find deals in your area.
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Project Nexus, the first solar panel canopies over irrigation canals in the US, is now online in California, and there are plans to expand the project to other areas.
Project Nexus is a $20 million pilot in central California’s Turlock Irrigation District launched in October 2022. The project team is exploring solar over canal design, deployment, and co-benefits using canal infrastructure and the electrical grid.
India already has solar panels over canals, but Project Nexus is the first of its kind in the US.
The Turlock Irrigation District was the first irrigation district formed in California in 1887. It provides irrigation water to 4,700 growers who farm around 150,000 acres in the San Joaquin Valley.
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Project Nexus will explore whether the solar panels reduce water evaporation as a result of midday shade and wind mitigation, create improvements to water quality through reduced vegetative growth, reduce canal maintenance as a result of reduced vegetative growth, and, of course, generate renewable electricity.
The California Department of Water Resources, utility company Turlock Irrigation District, Marin County, California-based water and energy project developer Solar AquaGrid, and The University of California, Merced, are partnering on the pilot. Project Nexus originated from a 2021 research project led by UC Merced alumna and project scientist Brandi McKuin.
Solar panels were installed at two sites over both wide- and narrow-span sections of Turlock Irrigation District canals in Stanislaus County, in various orientations. The sections range from 20 feet wide to 100 feet wide. University of California, Merced has positioned research equipment at both sites to collect baseline data so the researchers can decide where solar will work and where it won’t.
In February 2023, Project Nexus announced it would also deploy long-term iron flow battery storage in the form of two ESS 75kW turnkey “Energy Warehouse” batteries.
If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*
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