In what should no longer come as a surprise to anyone, Phoenix-based Lectric Ebikes has done it again. With today’s launch of the Lectric XPress, the maker of North America’s #1 best-selling electric bike just entered yet another e-bike category with a new model designed to crush the competition.
The Lectric XPress follows the best-selling Lectric XP 3.0 at the same price point, just $999, yet offers a full-size commuter tire alternative to the company’s hot-selling folding fat tire e-bike.
Riding on 27.5 x 2.1-inch urban tires, the bike sports several sought-after commuter features including a custom suspension fork, torque sensor, thru-axle front wheel, integrated front and rear lighting, color LCD screen, hydraulic disc brakes, 7-speed transmission, and an easily removable battery.
Interestingly, the bike has multiple options, and I’m not just talking about the choice between a step-over and a step-through variant. Riders can also choose their motor power and battery capacity.
The entry-level model features a 500W continuous-rated motor and a 500 Wh battery (48V 10.4 Ah) good for 45 miles (70 km). The upgraded model has a 750W continuous-rated motor and a 672 Wh battery (48V 14 Ah) good for 60 miles (100 km). Both e-bike models are certified to UL2849, which covers the entire e-bike system including the motor, battery, charger, and the bike’s electronics.
While the upgraded motor and battery model is priced higher at $1,299, it’s one heck of a deal during the pre-launch period now since Lectric includes a free spare battery in that package, meaning riders will get two 672 Wh batteries for over 120 miles (200 km) of range.
The 500W motor offers 55 Nm of torque, which is modest but not overly powerful. It’s likely more than sufficient for beachside cruising or commuting through flat cities. The 750W motor offers 85 Nm of torque, providing more “oomph” and increased hill-climbing ability. It’s also worth noting that the peak watt ratings for the two motors are substantially higher at 1,092W and 1,310W, respectively.
Both models top out at Class 3 speeds of 28 mph (45 km/h), use a trigger-style thumb throttle, and feature a torque sensor. That torque sensor pairs with Lectric’s proprietary PWR pedal-assist system to use a wattage-based setup providing a pedal assist output that most riders find much more comfortable than the typical, lurching and jerkier pedal assist found on most budget-minded electric bike models on the market.
It’s part of what has become the company’s modus operandi, summed up by Lectric’s co-founder and CEO Levi Conlow:
“The reason for our success is simple — if you build an e-bike with all the value and high quality that people want and offer it for a price that’s not a penny more than it needs to be, it will resonate with people and build lasting relationships.”
Electrek’s Take
Well, that’s it. There’s a new king of the budget-friendly commuter e-bikes in town. Sure, plenty of people already used the Lectric XP 3.0 as a commuter e-bike, but now the company has launched a dedicated commuter e-bike that likely better fills that role.
The Lectric XPress offers basically everything most value-oriented commuter riders want, and does it for an incredibly reasonable price. At just $999, getting a suspension fork, hydraulic disc brakes, and torque sensor is an incredible deal. It’s so good that I’m willing to look past the decision to put a thumb throttle on the bike instead of the only correct choice: a half-twist throttle. The only other downside is that color options are a bit limited. The step-over only comes in black and the step-thru only comes in white. I’d have loved some more color options, but Lectric is already flirting with SKU proliferation as it is, so I understand the desire to limit color options for the sake of simplifying fulfillment.
To me, this basically replaces what the RadMission e-bike was designed to do several years ago: be a simple and effective metro-style commuter bike. Except that for the same price, Lectric is throwing a lot more features at us than Rad did. The downside is it weighs a good bit more than the RadMission, tipping the scales at 57 lb (26 kg), but most riders never pick their e-bikes up so the added weight may not put off too many people.
I would have liked to see racks and fenders included as standard equipment, but the RadMission didn’t include them either back in the day, and it even left the kickstand as an add-on. So by comparison, I guess we should be happy we get a kickstand this time.
One thing we definitely get is a lot more variation. The ability to upgrade to a more powerful motor is also an interesting add-on feature, letting flatland riders save a few hundred bucks while still giving hilly terrain riders the option for better climbing power and stronger acceleration. And a choice of battery capacity also lets riders decide whether it’s worth spending more to increase range, or saving money for the modest range of a 500 Wh battery pack.
All told, this looks incredibly promising. It’s not going to rival commuter e-bikes priced several times as much, but it’s not meant to. Lectric’s whole thing is giving riders e-bike models that do a lot for a little, and the Lectric XPress fits that play perfectly.
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The Hyundai IONIQ 6 N is finally here, and it delivers. Hyundai’s electric sports car is loaded with fun new features, a sleek design (including a massive rear wing), 641 horsepower, and much more.
Meet the Hyundai IONIQ 6 N
After teasing the new model for the first time last month, Hyundai created quite a buzz. Now, we are finally getting our first look at the upgraded high-performance EV.
Hyundai unveiled the new IONIQ 6 N at the famed Goodwood Festival of Speed on Thursday in West Sussex, England. The upgraded model follows Hyundai’s first high-performance EV, the IONIQ 5 N.
At the event, the company boasted that its new electric sports car marks “a pivotal milestone in Hyundai N’s electrification journey,” adding “Hyundai N is once again redefining the boundaries of high-performance electrification with the debut of the IONIQ 6 N.”
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The IONIQ 6 N delivers an impressive 641 horsepower (478 kW) and 77 Nm of torque, enabling a 0 to 100 km/h (0 to 62 mph) sprint in just 3.2 seconds. Its top speed is about 160 mph (257 km/h).
Hyundai IONIQ 6 N (Source: Hyundai)
That’s when using Hyundai’s Launch Control, one of the many performance features the new EV offers. Like its other N models, the IONIQ 6 is based on three pillars: Corner Rascal, Racetrack Capability, and, of course, an Everyday Sportscar.
Powered by two electric motors, a 223 hp (166 kW) at the front and another 378 hp (282 kW) motor at the rear, for a combined 600 hp (448 kW).
Hyundai IONIQ 6 N (Source: Hyundai)
Redefining the EV driving experience
The upgraded IONIQ 6 “redefines the EV driving experience,” according to Hyundai, thanks to its advanced in-house vehicle control software.
Central to this is Hyundai’s N Active Sound + system, which mimics the feel and sound of a traditional engine. An added N e-Shift simulates shifting gears.
Hyundai IONIQ 6 N interior (Source: Hyundai)
And that’s just the start. Other performance features, such as N Drift Optimizer, N Grin Boost, and N Torque Distribution, give you even more control over the vehicle while delivering increased power.
The IONIQ 6 N is powered by an 84 kWh battery, providing a WLTP range of up to 291 miles (469 km). However, EPA figures will be revealed closer to launch. Given the IONIQ 5 N has an EPA-estimated range of up to 221 miles, you can expect it to be slightly higher when it arrives.
With a 350 kW DC fast charger, Hyundai’s new performance EV can recharge from 10% to 80% in about 18 minutes.
With a length of 4,935 mm, a width of 1,940 mm, and a height of 1,495 mm, the IONIQ 6 N is about the size of the Porsche Taycan.
Hyundai will showcase the new high-performance EV during the hillclimb event alongside other models like the IONIQ 5 N, IONIQ 6 N Drift Spec, and IONIQ 6 N with N Performance parts. Hyundai promises each vehicle brings unique capabilities to the event, “guaranteeing a dynamic and thrilling on-track experience for all attendees.” Check back soon for more info.
What do you think of Hyundai’s new electric sports car? Would you buy one over the Porsche Taycan? Let us know in the comments.
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Elon Musk said that Tesla owners will “soon” have access to Grok, a large language developed by Musk’s xAI startup, days after the AI started calling itself ‘MechaHitler’.
Yesterday, xAI launched Grok 4, the latest version of its large language model.
The new model is benchmarking very well, but that’s generally the case with the latest model to come out. It edges the latest models from Google and OpenAI on intelligence by a few points, but it falls behind on speed:
At the launch event, Musk announced that Grok will “soon” be integrated into Tesla vehicles.
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This is something that the CEO has been discussing since founding xAI, which has been controversial because Musk has also positioned Tesla to compete in the AI space. He even stepped down from his role at OpenAI due to a “conflict of interest with Tesla.”
The announcement of the imminent integration of Grok into Tesla vehicles comes just days after the language model went haywire on X and started praising Hitler, referring to itself as ‘MechaHitler’, and made several antisemitic comments.
xAI acknowledge the issue and put Grok on timeout while they fixed it:
We are aware of recent posts made by Grok and are actively working to remove the inappropriate posts. Since being made aware of the content, xAI has taken action to ban hate speech before Grok posts on X. xAI is training only truth-seeking and thanks to the millions of users on X, we are able to quickly identify and update the model where training could be improved.
The “bug” came just a few weeks after Musk stated that he was displeased with Grok supporting left-wing narratives, even though it didn’t say anything inncurate, and that he would update Grok to “fix” it.
Now, the large language model (LLM) is expected to power the new voice assistant inside Tesla vehicles.
LLMs are becoming quite common in cars, especially premium vehicles. Ford, Mercedes-Benz, Stellantis, and a few others have all integrated Chat-GPT in some models.
Many Chinese automakers have also developed their own and deployed them in cars, even entry-level ones.
Tesla is playing catch up on that front.
Electrek’s Take
As I have previously stated, I think Musk is setting up Tesla to invest or even merge with xAI at a ridiculous valuation – making Tesla shareholders virtually pay twice for Twitter, which is now part of xAI.
This is how he will be able to gain wider control over the company’s share.
From the first discovery in Prudhoe Bay in 1968, Alaskans have had a love-hate relationship with oil.
On one hand, it allowed Alaska to abolish its state income tax, fund most government operations and provide every Alaskan with a dividend that continues to this day. On the other hand, it has left the state at the near total mercy of the global oil market.
In recent years, that has proven to be a bad bet. And it is the major reason Alaska finishes at the bottom of the CNBC America’s Top States for Business rankings in 2025.
With the price of Alaska North Slope crude oil down by double digits from a year ago, according to the Alaska Department of Revenue, Alaska has America’s worst economy as measured by the CNBC study. Economy is the heaviest-weighted category under this year’s methodology.
More coverage of the 2025 America’s Top States for Business
Alaska’s gross domestic product growth is in the bottom ten nationally. The state’s economy grew by just 1.5% last year, compared to 2.8% nationally.
More crucially, the state’s fiscal year 2026 budget is based on a forecast of $68 per barrel for crude oil, and it is unclear if that will hold. Alaska North Slope crude traded as low as $63.49 on May 5 before rebounding above $70 in recent weeks. State forecasters are counting on oil for around 70% of the state’s revenue over the next ten years, or nearly half the state’s operating budget. And some localities are far more dependent.
“When you look at the economic engine by default,” North Slope Borough Mayor Josiah Patkotak told CNBC last month, “That happens to be oil and gas by about 98% of our operating budget.”
$40 billion bet on natural gas as diversifier
For decades, Alaska has sought ways to diversify its economy, but it has had limited success. Proposals have involved alternative energy, agriculture, and the state’s tourism sector.
Alaska Governor Mike Dunleavy speaks during a news conference at his office in Anchorage, Alaska, U.S. March 22, 2022.
Yereth Rosen | Reuters
In 2023, Gov. Mike Dunleavy, a Republican, signed legislation to put Alaska into the carbon market, using the state’s vast public lands for carbon storage, and to generate carbon offset credits for high carbon emitters in other states. But the program is still in the study phase. A report to the legislature in January said the program is not expected to generate any revenue until at least 2027.
More recently, the Trump administration is backing a proposal to build a natural gas pipeline alongside the Trans-Alaska oil pipeline, allowing the U.S. to ship liquid natural gas — a byproduct of North Slope oil production — to Asia.
The idea has been around for years, but the price tag, estimated at around $40 billion, was impossible for the industry to swallow even when petroleum prices were high.
Now, however, administration officials think that trade tensions might change the economics.
“There [are] countries around the world looking to shrink their trade deficit with the United States, and of course, a very easy way to do that is to buy more American energy,” U.S. Energy Secretary Chris Wright told CNBC’s Brian Sullivan in Prudhoe Bay last month.
“If you get the commercial offtakers for the gas, financing is pretty straightforward,” Wright said.
If the project gets off the ground, it could provide a huge boost to Alaska’s economy, though it would still be at the mercy of commodity prices.
Lack of tech infrastructure, high costs
Alaska’s struggling economy is a major reason for its poor competitive performance, but it is not the only one.
The state ranks No. 49 in Infrastructure. While the state’s roads and bridges are in better shape than in many states in the Lower 48, its virtual infrastructure leaves much to be desired. Fewer than 2% of Alaskans have access to affordable broadband service, according to BroadbandNow Research. The data center boom has passed Alaska by thus far, with only four in the entire state.
Alaska is a notoriously expensive place to live, especially in the many remote parts of the state.
“When you’re paying 16 bucks a gallon for milk, we’ve got to figure out how to make sure that you can afford to buy the milk so you can live here. We’ve got to make sure you can afford to buy the gas so you can hunt here,” said Patkotak.
But one aspect of life is a bargain in Alaska. At a time of soaring homeowner premiums, online insurance marketplace Insurify projects Alaska homeowners insurance premiums will average $1,543 this year, the second lowest in the nation.
Join the conversation. Didn’t see your state mentioned? You can see where it ranked overall, and in all 10 categories of competitiveness, in the full rankings of the 2025 America’s Top States for Business.