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In the world of electric bikes, the words “carbon fiber” usually means big bucks. Actually, it’s the same in the pedal bike industry, it’s just that e-bikes already start out more expensive. That means carbon fiber electric bikes have always commanded premium prices – at least, until now. When Ride1Up rolled out the new CF Racer1 e-bike, it shook up the electric gravel bike market with a reasonably priced direct-to-consumer model that can scratch that lightweight e-bike itch for more hardcore riders.

Priced at $2,295, the CF Racer1 is around half the price that most other carbon fiber gravel e-bikes start at, let alone the even nicer models whose prices head even further north.

But just because it’s a lower-cost bike doesn’t mean it’s cheap. It may not have the most insanely top-shelf components on it, but it’s got a great mix of quality parts and features to fit the needs of the majority of enthusiast riders. If you’re a pro rider, you’re going to be looking at different bikes entirely.

And since Ride1Up focuses on that larger swath of recreational, commuter, and enthusiast riders, the direct-to-consumer sales model means you aren’t paying a big bike shop markup, either.

See the CF Racer1 in action in my video review below, then keep reading for even more info!

Ride1Up CF Racer1 video review

Ride1Up CF Racer1 tech specs

  • Motor: 250W continuous rear hub motor (42 Nm of torque)
  • Top speed: 28 mph (45 km/h)
  • Range: 16-40 miles (25-64 km)
  • Battery: 36V 7Ah (252Wh) with Samsung cells
  • Weight: 28.6 lb (19.2 kg)
  • Load Capacity: 225 lb (102 kg)
  • Frame: Carbon fiber
  • Brakes: SRAM Rival 1 hydraulic disc brakes on 160 mm rotors
  • Extras: Color LCD display with speedometer, battery gauge, PAS level indicator, two frame sizes available in either road or gravel variants, Rival 1 11-speed doubletap shifters
  • Price$2,295

A different kind of riding

The CF Racer1 is a different kind of electric bike intended for a different kind of rider. If you’re familiar with most direct-to-consumer e-bike companies out there, Ride1Up included, then you’ll know the typical D2C e-bike. We’re talking chunky tires, robust (i.e. heavy) frame, throttle activation, budget shifters, etc. You won’t find any of those parts on this e-bike.

That’s because the CF Racer1 is more of a cyclist’s bike. Those drop bars are par for the course in road bikes, but we almost never see them on common budget-minded electric bikes. Same goes for the SRAM Rival 1 shifters, which you press sideways to upshift or press even harder in the same direction to downshift. They certainly feel new to most casual riders (I find myself on bikes with these types of shifters usually just once or twice a year, for example), but they’re easy to use and give you that quality feel that the cheap Shimano stuff on entry-level fat tire bikes just doesn’t have.

The drop bars allow you to lean more forward and get a tighter tuck, which is useful when you’re trying to maintain that top speed of 28 mph and not fight against your own body’s meat sail. However, I find I’m usually up on the horns to sit taller, as I’m not a huge fan of super tucked riding. And when I really want a taller view of the road, I grip the middle portion of the bars for the most comfortable ride. The three positions are a big plus, though I basically never drop down into the lowest position, so it’s more like a two-position bar for me.

The biggest reason I hang out on the horns most of the time is because I also like knowing those brake levers are ready for me, both in city riding in case of unexpected car behavior, and while trail riding in case I come across an obstacle I wasn’t expecting.

Ultra-light, but at a cost

And then of course there’s the carbon fiber frame, which, along with the modest battery and motor specs helps to reduce the weight of the bike to a mere 28 pounds! That’s a featherweight in the e-bike world, believe it or not.

That low weight means you won’t get crazy power or super long-range riding, though you can still get up to 30-40 miles if you keep the pedal assist in a very low power level. And while the 250W motor is fairly low power compared to most of the e-bikes I ride, it’s not meant to be a hot rod. It’s a modest torque motor designed for folks who actually want to pedal and get a workout. It will still take you up to 28 mph – it sure did for me. But you’ve got to be a part of that process, giving your own muscle assist as well in order for the pedal assist to take you to that top speed. In other words, it’s taking the pain out of the ride but it’s not doing all the work for you.

It feels like a good balance of power though, especially on such a lightweight e-bike.

One more part I wish I could have seen added to the electrical system would be a torque sensor. As it stands now, the cadence sensor works fine for riding, but has a bit of sensor lag when you first get rolling – especially if you don’t downshift low enough at stops. That impacts you more in stop/start riding, but for folks who spend long periods of time at constant speed – which is a lot of what this e-bike is designed for – then you won’t notice the cadence sensor very much.

More than paint deep

There are two colors available on the Ride1Up CF Racer1, known as Clouded Gray and Rainbow Black. The bike I’m testing is the Rainbow Black, which may sound like an oxymoron until the sun comes out. As soon as you get some bright light on the paint, it illuminates with a rainbow array of metal flakes, producing a beautiful spectrum of light reflecting off the glossy surface.

It’s hard to capture in photos and videos, though I did my best in the photo above. You can also see a few good shots in my video review at the top of this page. Just know that in real life, the effect is even more pronounced and is truly beautiful to look at.

On the flipside though, when you’re riding in overcast weather, you’ll find that the paint basically just looks like glossy black.

The take-home message

Here’s the thing: The Ride1Up CF Racer1 is a great e-bike, but it’s not for everyone. In fact, it’s not for most people. Most of us are more at home on a Portola fat tire e-bike or a Turris trail bike. You’ve got to be someone who already enjoys riding road bikes (meaning you like to pedal), who doesn’t mind the lack of throttle, and who is comfortable with a tucked ride. But if you’re in the market for a gravel e-bike, that’s probably already you.

In that case, this is a killer deal for a super lightweight carbon fiber electric bike. With options for road or gravel (basically different handlebars and tires), you’ve got all of your bases covered.

So yeah, if you’re a pro rider, this isn’t going to cut it for you. But if you’re like most of us – just someone who enjoys riding and wants to get that electric gravel bike experience without shelling out $5k, then this is the bike for you.

ride1up CF Racer1 gravel e-bike

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Mercedes-Benz unveils the new CLA Shooting Brake EV with impressive range

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Mercedes-Benz unveils the new CLA Shooting Brake EV with impressive range

The new CLA Shooting Brake is the first electric Mercedes vehicle available as an estate. It’s more spacious, more capable, and more high-tech than ever.

Meet the new Mercedes CLA Shooting Brake EV

Mercedes introduced the new CLA Shooting Brake on Tuesday, its first electric estate car. The Shooting Brake arrives as the second EV from the luxury brand’s new entry-level family of vehicles.

The electric wagon takes the best of the new CLA, which was revealed just a few weeks ago, and adds more space and capability.

It’s also bigger than the current CLA Shooting Brake, offering a more spacious interior. The new EV measures 4,723 mm in length, or 35 mm longer than the outgoing model.

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With an extended wheelbase of 2,790 mm (+61 mm), the electric version offers 14 mm more headroom and 11 mm more legroom in the front. Rear passengers gain 7 mm of headroom but lose 6 mm of legroom compared to the current model.

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Mercedes-Benz CLA Shooting Brake models (Source: Mercedes-Benz)

Boot space is 455 L, which is 50 L more than the CLA sedan, but 30 L less than the outgoing Shooting Brake. However, it does include an added Frunk (front trunk) for an extra 101 L of storage space.

With all seats folded, overall storage space is 1,290 L. It also comes with standard roof rails, which Mercedes claims can easily fit surfboards or bicycles with a 75 kg (165 lbs) load capacity.

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Mercedes-Benz CLA Shooting Brake with EQ Technology (Source: Mercedes-Benz)

Inside, the new Shooting Brake is nearly identical to the CLA Sedan. It features the new Mercedes-Benz Operating System (MB.OS) with its fourth-gen infotainment.

The setup includes a 14″ infotainment and 10.25″ driver display screens. An extra 14″ passenger screen is available. A trim piece with star-pattern graphics replaces it if not. All three screens are powered by the latest-gen chips and graphics from Unity Game Engine.

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Mercedes-Benz CLA Shooting Brake EV interior (Source: Mercedes-Benz)

Powered by the new Mercedes-Benz Modular Architecture and an 85 kWh battery, the new Shooting Brake EV offers up to 473 miles (761 km) WLTP range.

It will be available in single and dual-motor powertrains. The base CLA 250+ Shooting Brake has 268 hp (200 kW) output and a WLTP range of up to 473 miles (761 km). Meanwhile, the dual-motor CLA 350 4MATIC Shooting Brake has combined 349 hp (260 kW) and a range of up to 454 miles (730 km).

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Mercedes-Benz CLA Shooting Brake EV interior (Source: Mercedes-Benz)

Based on its 800V architecture, the new electric estate can add 193 miles (310 km) WLTP driving range within 10 minutes. Mercedes said that should be plenty to get from Geneva to Milan or Berlin to Hamburg.

Mercedes will introduce new EV variants in early 2026, followed by a 1.5 L hybrid model. Prices will be revealed closer to launch, but it’s expected to start slightly higher than the current model. The current CLA Shooting Brake starts at around €40,000 ($46,500) in Europe.

Following the new CLA and CLA Shooting Brake, Mercedes-Benz plans to launch two SUVs. Check back soon for more info on the upcoming lineup.

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U.S. moving fast to secure access to critical minerals to counter China’s dominance of market, Pentagon says

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U.S. moving fast to secure access to critical minerals to counter China's dominance of market, Pentagon says

MP Materials CEO on deal with the Defense Department

The Pentagon is taking immediate action to boost critical mineral production in the U.S. and counter China’s dominance of the supply chain for rare earth magnets, a defense official told CNBC on Tuesday.

The Defense Department last week agreed to buy a direct equity stake in MP Materials, which will make the U.S. government the miner’s largest shareholder. MP operates the only rare earth mine in the U.S. located at Mountain Pass, California, and a magnet plant in Forth Worth, Texas.

When asked whether the Pentagon is considering similar investments in other U.S. mining companies, the defense official said it is looking at opportunities to strengthen domestic critical mineral production.

“Rebuilding the critical minerals and rare earth magnet sectors of the U.S. industrial base won’t happen overnight, but DoD is taking immediate action to streamline processes and identify opportunities to strengthen critical minerals production,” official said in a statement.

Rare earths are used in weapons such as the F-35 warplane, drones and submarines among other other military platforms. The U.S. was almost entirely dependent on foreign countries for rare earths in 2023, with China representing about 70% of imports, according to the U.S. Geological Survey.

MP Materials CEO James Litinsky told CNBC last week that he views the public-private partnership with the Defense Department as a model for other companies in industries that are important for national security but struggle to compete against the state-backed enterprises in China.

“I’d like to think that this is sort of the first, it’s a model,” Litinsky told CNBC’s “Squawk on the Street” on Thursday. “We have to deliver at MP and show that this is an incredible route to go. But it’s a new way forward to accelerate free markets, to get the supply chain on shore that we want.”

Interior Secretary Doug Burgum said in April that the U.S. government was looking at taking direct equity stakes in critical mineral and rare earth miners to break China’s dominance. The Trump administration is also looking at stockpiling critical minerals and creating a sovereign risk insurance fund to protect companies investments’ in federally approved projects, Burgum said at an energy conference in Oklahoma City.

The Pentagon makes long-term investments in mining, processing and refining critical minerals, the defense official told CNBC. It has invested $540 million so far to support a critical mineral and rare earth supply chain in the U.S. and allied nations, the official said.

“That is significant, and DoD will continue to such efforts in accordance with congressional appropriations and statutory authorities,” the official said.

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Crypto super PAC Fairshake reports $141 million war chest

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Crypto super PAC Fairshake reports 1 million war chest

Jakub Porzycki | Nurphoto | Getty Images

Fairshake, the cryptocurrency industry’s most powerful political action committee, announced Tuesday that it now holds more than $141 million in cash on hand, underscoring the sector’s growing influence as Congress takes up landmark legislation this week.

The total, which includes liquid assets like crypto, stock, and cash, reflects a surge of donations from digital asset executives and firms, including a fresh $25 million from Coinbase.

Fairshake and its two affiliated PACs — Defend American Jobs and Protect Progress — have raised $109 million since Election Day in 2024 and $52 million during just the first half of this year.

“We are building an aggressive, targeted strategy for next year to ensure that pro-crypto voices are heard in key races across the country,” said spokesperson Josh Vlasto.

Ethereum succeeded beyond anyone's expectations, says network co-founder Vitalik Buterin at EthCC

The announcement lands in the middle of what lawmakers are calling “Crypto Week” on Capitol Hill, as the House begins deliberations on a trio of long-awaited bills that would define how digital assets are regulated.

The legislation includes the dividing of oversight, setting new stablecoin rules, and a bill banning the creation of a central bank digital currency.

The crypto industry is no longer just lobbying for survival, it is shaping the political landscape. Fairshake saw nearly every candidate it backed in 2024 win their race.

“We stuck to our core strategy from Day 1,” Fairshake previously told CNBC. “We supported pro-crypto candidates and opposed those who played politics with jobs and innovation, and won.”

WATCH: How crypto and fintech may perform under the second Trump administration

How crypto and fintech may perform under the second Trump administration

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