I’d like to think that the only thing I need to live a car-free life is my bike and my enthusiasm. But it’s the extra gear that helps me stay as two-wheeled as possible. In this regular column, I take a deep dive into some of the coolest and most interesting gadgets and pieces of kit that make it possible to swap a car for an e-bike on a daily basis. This time, we’re checking out a fascinating smartphone-controlled keyless e-bike lock called the Linka Lasso.
That’s right, there’s no physical key shipped along with the Lasso, at least not of the metal variety. There is an optional SmartMotion key that works like a fob in a keyless ignition car, but for the most part, the lock is operated completely by your phone.
I tested two versions, the Linka Lasso 8 and Linka Lasso 10 Moto. They have the same locking mechanism, but 8 and 10 mm hardened steel links, respectively. The Lasso 8 is also shorter with 100 cm (39 inch) chain length, while the Lasso 10 Moto has a larger 140 cm (55 inch) locking circumference. Theoretically, the smaller chain would be fine for e-bikes, while the larger one is meant more for motorcycles, but I’d opt for the larger one on my e-bikes just to give me more room and freedom to lock more of the frame and/or wheels to secure objects.
They both have the same Sold Secure Silver rating, though the thicker hardened steel chain links on the Lasso 10 surely stand up to attacks for longer.
The general idea of the lock is that you use the accompanying smartphone app to unlock Lasso, meaning you don’t need to put yet another key on your crowded keyring. And if you’re the kind of person that only bikes occasionally and thus don’t walk around with your bike lock’s key on you all the time, you don’t need to remember to grab the key on the way out since your phone IS the key.
And to answer the question many of you already thinking, there’s a solution for when your phone’s battery runs out. During the lock setup routine, you have to create a secret code that you enter through the single push button on the lock, which unlocks it.
Granted, that solution is a bit cumbersome to use since there’s only a single button, and so it takes a lot longer to punch in a code than with a typical wheeled combo lock. But it’s not something you’d ever do unless your phone actually died while your bike was locked up, which I imagine is a pretty rare occurrence. If you’re like me, you starting sweating when your phone battery is under 50%. If you’re a psychopath like my wife that can giggle as your phone battery dips down to 2%, you may want to remember that secret lock code.
Using the lock for the first time is kind of mind-blowing. The first time you push a software button on your phone and hear your bike chain make a whirring noise then release itself, it kind of blows your mind. It’s a real “welcome to the future” moment.
That lock mechanism feels super solid, which it better, since it’s also housing the lock’s battery and electronics. A special little magnetic charging cable is included to charge up the lock, and you better not lose that little cable because of course it’s not the same cable as the one you use to charge your phone.
As cool as unlocking your bike lock from your phone is, the device also works with smartwatches. I don’t have a smartwatch, but the Lasso is compatible with many leading smartwatches which means I wouldn’t even actually have to pull out my phone to unlock it, if I had a smartwatch.
Obviously, unlocking via a smartphone is the main trick here. But the Linka Lasso is a lot more than just a smartphone lock. The same technology that allows the smartphone-based unlocking also opens the door to a number of other cool features.
First of all, the lock has an optional SmartMotion key, which is basically a proximity tag that you can put on your keyring. But it’s not a direct replacement for a physical key – meaning it’s not just a fancy electronic version of a cut steel pin that you still have to fetch from your keychain. You don’t swipe it or hold it up to the lock like an NFC card. It can stay in your pocket while allowing the Linka Lasso to unlock from the push button on the lock simply by recognizing that the tag is less than one meter (3 feet) away from the lock. That means when you have the SmartMotion key on you, you don’t even have to pull out your phone to unlock your bike. You simply walk up to the lock and push a button. It’s basically the same idea as keyless ignition cars that recognize the key fob is sitting in your pocket.
That makes the lock super fast to use. Instead of fumbling in your pocket for keys, unlocking the lock, and then fumbling to put your keys away, you simply walk up to the lock and push a button. It unlocks instantly since it reads the SmartMotion key in your pocket. The process takes literally two seconds. Most of us aren’t so stressed that an extra 20 seconds of key fumbling is going to ruin our day, but it does feel pretty nice to skip that step and just ride away from the bike stand in seconds.
Next, the connected nature of the lock allows you to actually share unlocking credentials with other people. For example, if my wife and I share a bike, we can also share the “key” to the lock by both being able to unlock it from our phones. Or if you leave your bike at a buddy’s place, you can give him access to unlock it. You can even pair multiple Linka locks, like their Dutch-style wheel lock, to your phone to unlock them all together.
I should also mention that it’s nice to see that the lock comes with a 5-year warranty. I sometimes worry about how well electronics will hold up when they’re built into things that get knocked around every day.
What’s the downside?
The first bummer of chain locks is simply that they’re heavy. The Lasso 8 weighs 1.8 kg (3.9 lb), and the Lasso 10 Moto weighs a hefty 3 kg or 6.6 lb. My current favorite lock weighs half of that and has a higher security rating, meaning the Linka Lasso doesn’t win on a per-pound basis. But then again, it does what other locks can’t on the technology side, so the trade-off is there for each person to weigh on their own.
Next, there’s the issue of battery life. They say that the Linka Lasso’s battery will last for two months if you’re using it with the app, or up to 5 months if you only use the proximity key. That’s pretty good, in my opinion, until you forget that you need to be charging it. As long as you set a reminder to charge it once a month or so, I think it won’t be an issue. But if you ever forget, you’ll be SOL until you bring a little portable battery charger out to your bike, at which point the lock will fire right back up.
The lock will also give you notifications that its battery is running low via the smartphone app, so in all fairness, it does its best to not let you forget about it.
They’re also not cheap, not by a long shot. The Lasso 8 is currently on sale for $149, and the Lasso 10 Moto is on sale for $179. Oh, and if you want that SmartMotion key, that’s an extra $25. You’re really paying for the features here, since while Sold Secure Silver is quite good, there are higher-rated locks for lower cost. So again, it’s not a dollar per dollar basis here, but rather paying for fancier features.
Oh, and it’s got that special little magnetic charging port, meaning if you ever lose that weird little charger, you’ll also be up a creek unless you head back to the Linka to get a replacement. That’s not a charger you’ll find at the corner store.
So while there are definitely some downsides, the Lasso has some major upsides that I haven’t seen in any other lock on the market. If it was Sold Secure Gold instead of Silver, I’d be over the moon. But as it stands, I think it’s a great second lock to add your security regiment. Because you’re definitely not locking your nice e-bike up with only one lock, right?!
Senate Republicans are threatening to hike taxes on clean energy projects and abruptly phase out credits that have supported the industry’s expansion in the latest version of President Donald Trump‘s big spending bill.
The measures, if enacted, would jeopardize hundreds of thousands of construction jobs, hurt the electric grid, and potentially raise electricity prices for consumers, trade groups warn.
The Senate GOP released a draft of the massive domestic spending bill over the weekend that imposes a new tax on renewable energy projects if they source components from foreign entities of concern, which basically means China. The bill also phases out the two most important tax credits for wind and solar power projects that enter service after 2027.
Republicans are racing to pass Trump’s domestic spending legislation by a self-imposed Friday deadline. The Senate is voting Monday on amendments to the latest version of the bill.
The tax on wind and solar projects surprised the renewable energy industry and feels punitive, said John Hensley, senior vice president for market analysis at the American Clean Power Association. It would increase the industry’s burden by an estimated $4 billion to $7 billion, he said.
“At the end of the day, it’s a new tax in a package that is designed to reduce the tax burden of companies across the American economy,” Hensley said. The tax hits any wind and solar project that enters service after 2027 and exceeds certain thresholds for how many components are sourced from China.
This combined with the abrupt elimination of the investment tax credit and electricity production tax credit after 2027 threatens to eliminate 300 gigawatts of wind and solar projects over the next 10 years, which is equivalent to about $450 billion worth of infrastructure investment, Hensley said.
“It is going to take a huge chunk of the development pipeline and either eliminate it completely or certainly push it down the road,” Hensley said. This will increase electricity prices for consumers and potentially strain the electric grid, he said.
The construction industry has warned that nearly 2 million jobs in the building trades are at risk if the energy tax credits are terminated and other measures in budget bill are implemented. Those credits have supported a boom in clean power installations and clean technology manufacturing.
“If enacted, this stands to be the biggest job-killing bill in the history of this country,” said Sean McGarvey, president of North America’s Building Trades Unions, in a statement. “Simply put, it is the equivalent of terminating more than 1,000 Keystone XL pipeline projects.”
The Senate legislation is moving toward a “worst case outcome for solar and wind,” Morgan Stanley analyst Andrew Percoco told clients in a Sunday note.
Trump’s former advisor Elon Musk slammed the Senate legislation over the weekend.
“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country,” The Tesla CEO posted on X. “Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future.”
Is Nissan raising the red flag? Nissan is cutting about 15% of its workforce and is now asking suppliers for more time to make payments.
Nissan starts job cuts, asks supplier to delay payments
As part of its recovery plan, Nissan announced in May that it plans to cut 20,000 jobs, or around 15% of its global workforce. It’s also closing several factories to free up cash and reduce costs.
Nissan said it will begin talks with employees at its Sunderland plant in the UK this week about voluntary retirement opportunities. The company is aiming to lay off around 250 workers.
The Sunderland plant is the largest employer in the city with around 6,000 workers and is critical piece to Nissan’s comeback. Nissan will build its next-gen electric vehicles at the facility, including the new LEAF, Juke, and Qashqai.
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According to several emails and company documents (via Reuters), Nissan is also working with its suppliers to for more time to make payments.
The new Nissan LEAF (Source: Nissan)
“They could choose to be paid immediately or opt for a later payment,” Nissan said. The company explained in a statement to Reuters that it had incentivized some of its suppliers in Europe and the UK to accept more flexible payment terms, at no extra cost.
The emails show that the move would free up cash for the first quarter (April to June), similar to its request before the end of the financial year.
Nissan N7 electric sedan (Source: Dongfeng Nissan)
One employee said in an email to co-workers that Nissan was asking suppliers “again” to delay payments. The emails, viewed by Reuters, were exchanged between Nissan workers in Europe and the United Kingdom.
Nissan is taking immediate action as part of its recovery plan, aiming to turn things around, the company said in a statement.
The new Nissan Micra EV (Source: Nissan)
“While we are taking these actions, we aim for sufficient liquidity to weather the costs of the turnaround actions and redeem bond maturities,” the company said.
Nissan didn’t comment on the internal discussions, but the emails did reveal it gave suppliers two options. They could either delay payments at a higher interest rate, or HSBC would make the payment, and Nissan would repay the bank with interest.
Nissan’s upcoming lineup for the US, including the new LEAF EV and “Adventure Focused” SUV (Source: Nissan)
The company had 2.2 trillion yen ($15.2 billion) in cash and equivalents at the end of March, but it has around 700 billion yen ($4.9 billion) in debt that’s due later this year.
As part of Re:Nissan, the Japanese automaker’s recovery plan, Nissan looks to cut costs by 250 billion yen. By fiscal year 2026, it plans to return to profitability.
Electrek’s Take
With an aging vehicle lineup and a wave of new low-cost rivals from China, like BYD, Nissan is quickly falling behind.
Nissan is launching several new electric and hybrid vehicles over the next few years, including the next-gen LEAF, which is expected to help boost sales.
In China, the world’s largest EV market, Nissan’s first dedicated electric sedan, the N7, is off to a hot start with over 20,000 orders in 50 days.
The N7 will play a role in Nissan’s recovery efforts as it plans to export it to overseas markets. It will be one of nine new energy vehicles, including EVs and PHEVs, that Nissan plans to launch in China.
Can Nissan turn things around? Or will it continue falling behind the pack? Let us know your thoughts in the comments below.
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Elon Musk said just a few weeks ago that betting on Tesla delivering its promised Robotaxi in June is a “money-making opportunity,” and yet, those who listened to him just lost big.
A fan of Musk lost $50,000 betting on Tesla Robotaxi.
With the rise in prediction markets, you can bet on virtually everything these days.
Sites like Polymarket have about a dozen prediction markets related to Tesla, where anyone can bet on events such as Tesla delivering its robotaxi service.
Less than two weeks ago, the market gave Tesla only a 14% chance of launching the service, and Musk called it a “money-making opportunity.”
At the time, less than $500,000 was traded on this market, but Musk made it way more popular.
Now, over $7 million has been traded on this market, and while Tesla claims to have launched its Robotaxi service on June 22nd, the market currently gives Tesla less than 1% chance today, with less than a day left in June.
Each prediction market has clear “resolution” rules and Musk evidently didn’t read them before suggesting there was money to be made betting “yes”:
This market will resolve to “Yes” if Tesla publicly launches a fully driverless taxi service by June 30, 11:59 PM ET. Otherwise, it will resolve to “No.”
Any service that allows a member of the general public to summon and ride in a Tesla vehicle operating without any human—onboard or remote—actively controlling the vehicle will count. A human may be present in the vehicle or monitoring remotely for emergency intervention, but they must not be physically positioned to take control (for example, no safety driver in the driver’s seat) and must not actively steer, brake, accelerate, or otherwise drive the car under normal operation.
A program that is restricted to Tesla employees, invite-only testers, closed-beta participants, factory self-delivery features, or the mere release of Full Self-Driving software for private owner-drivers will not qualify. Regulatory permits or approvals, press demonstrations, and prototype unveilings without live public ridership likewise will not count toward resolution.
This market’s resolution source will be a consensus of credible reporting.
There are a few things in the resolution that disqualify what Tesla launched on June 22nd. First off, there’s a human inside the vehicle ready to take control with their finger on a kill switch. We have already seen interventions from the in-car Tesla supervisor, who are still very much necessary.
Secondly, the resolution requires a launch that is not restricted to an invite-only basis, which is currently the case.
The level of remote operations could also prove challenging to confirm, and it is part of the resolution.
Electrek found someone who lost $50,000 following Musk’s “money-making opportunity”:
Someone else has lost $28,000 and is now betting another $27,000 that Tesla will achieve this by the end of July.
Currently, Polymarket‘s odds only put a 21% chance of Tesla delivering on the service based on the previously mentioned resolution before August:
With Polymarket, users are not really “betting” on an outcome, but they are trying to beat the current odds by buying shares in “yes” or “no”, which they can sell to other users before the end of the timeline.
Electrek’s Take
It’s quite amusing that Musk was so confident people would believe in his Robotaxi that he didn’t bother to investigate what other people think an actual robotaxi service would entail, like in the Polymarket resolution.
Historically speaking, you are way better off betting against whatever timeline Musk claims about self-driving. He has been consistently wrong about it for a decade now.
Polymarket even has a market about Tesla launching unsupervised self-driving in California this year. I threw some money in that one because California has much stricter regulations when it comes to self-driving, and it requires a lot of testing before being deployed, as described in the resolution.
I doubt Tesla can go through that this year, but it’s not impossible.
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