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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.

The move into the urban commuter e-bike market follows Lectric’s past expansions into cargo e-bikes, adventure e-bikes, electric trikes, premium commuter e-bikes, and lightweight folding e-bikes, all at much lower prices than nearly any other company in the North American 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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This new wireless e-bike charger wants to be the future of electric bikes

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This new wireless e-bike charger wants to be the future of electric bikes

Forget fumbling with cables or hunting for batteries – TILER is making electric bike charging as seamless as parking your ride. The Dutch startup recently introduced its much-anticipated TILER Compact system, a plug-and-play wireless charger engineered to transform the user experience for e-bike riders.

At the heart of the new system is a clever combo: a charging kickstand that mounts directly to almost any e‑bike, and a thin charging mat that you simply park over. Once you drop the kickstand and it lands on the mat, the bike begins charging automatically via inductive transfer – no cable required. According to TILER, a 500 Wh battery will fully charge in about 3.5 hours, delivering comparable performance to traditional wired chargers.

It’s an elegantly simple concept (albeit a bit chunky) with a convenient upside: less clutter, fewer broken cables, and no more need to bend over while feeling around for a dark little hole.

TILER claims its system works with about 75% of existing e‑bike platforms, including those from Bosch, Yamaha, Bafang, and other big bames. The kit uses a modest 150 W wireless power output, which means charging speeds remain practical while keeping the system lightweight (the tile weighs just 2 kg, and it’s also stationary).

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TILER has already deployed over 200 charging points across Western Europe, primarily serving bike-share, delivery, hospitality, and hotel fleets. A recent case study in Munich showed how a cargo-bike operator saved approximately €1,250 per month in labor costs, avoided thousands in spare batteries, and cut battery damage by 20%. The takeaway? Less maintenance, more uptime.

Now shifting to prosumer markets, TILER says the Compact system will hit pre-orders soon, with a €250 price tag (roughly US $290) for the kickstand plus tile bundle. To get in line, a €29 refundable deposit is currently required, though they say it is refundable at any point until you receive your charger. Don’t get too excited just yet though, there’s a bit of a wait. Deliveries are expected in summer 2026, and for now are covering mostly European markets.

The concept isn’t entirely new. We’ve seen the idea pop up before, including in a patent from BMW for charging electric motorcycles. And the efficacy is there. Skeptics may wonder if wireless charging is slower or less efficient, but TILER says no. Its system retains over 85% efficiency, nearly matching wired charging speeds, and even pauses at 80% to protect battery health, then resumes as needed. The tile is even IP67-rated, safe for outdoor use, and about as bulky as a thick magazine.

Electrek’s Take

I love the concept. It makes perfect sense for shared e-bikes, especially since they’re often returning to a dock anyway. As long as people can be trained to park with the kickstand on the tile, it seems like a no-brainer.

And to be honest, I even like the idea for consumers. I know it sounds like a first-world problem, but bending over to plug something in at floor height is pretty annoying, not to mention a great way to throw out your back if you’re not exactly a spring chicken anymore. Having your e-bike start charging simply by parking it in the right place is a really cool feature! I don’t know if it’s $300 cool, but it’s pretty cool!

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Tesla launches new software update with Grok, but it doesnt even interface with the car

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Tesla launches new software update with Grok, but it doesnt even interface with the car

Tesla has launched a new software update for its vehicles that includes the anticipated integration of Grok, but it doesnt even interface with the car yet.

Earlier this week, CEO Elon Musk said that Tesla would integrate Grok, the large language model developed by his private company, xAI, into its vehicles.

Today, Tesla started pushing the update to the fleet, but there’s a significant caveat.

The automaker wrote in the release notes (2025.26):

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Grok (Beta) (US, AMD)

Grok now available directly in your Tesla

Requires Premium Connectivity or a WiFi connection

Grok is currently in Beta & does not issue commands to your car – existing voice commands remain unchanged.

First off, it is only available in vehicles in the US equipped with the AMD infotainment computer, which means cars produced since mid-2021.

But more importantly, Tesla says that it doesn’t send commands to the car under the current version. Therefore, it is simply like having Grok on your phone, but on the onboard computer instead.

Tesla showed an example:

There are a few other features in the 2025.26 software update, but they are not major.

For Tesla vehicles equipped with ambient lighting strips inside the car, the light strip can now sync to music:

Accent lights now respond to music & you can also choose to match the lights to the album’s color for a more immersive effect

Toybox > Light Sync

Here’s the new setting:

The audio setting can now be saved under multiple presets to match listening preferences for different people or circumstances:

The software update also includes the capacity to zoom or adjust the playback speed of the Dashcam Viewer.

Cybertruck also gets the updated Dashcam Viewer app with a grid view for easier access and review of recordings:

Tesla also updated the charging info in its navigation system to be able to search which locations require valet service or pay-to-park access.

Upon arrival, drivers will receive a notification with access codes, parking restrictions, level or floor information, and restroom availability:

Finally, there’s a new onboarding guide directly on the center display to help people who are experiencing a Tesla vehicle for the first time.

Electrek’s Take

Tesla is really playing catch-up here. Right now, this update is essentially nothing. If you already have Grok, it’s no more different than having it on your phone or through the vehicle’s browser, since it has no capacity to interact with any function inside the vehicle.

Most other automakers are integrating LLMs inside vehicles with the capacity to interact with the vehicle. In China, this is becoming standard even in entry-level cars.

In the Xiaomi YU7, the vehicle’s AI can not only interact with the car, but it also sees what the car sees through its camera, and it can tell you about what it sees:

Tesla is clearly far behind on that front as many automakers are integrating with other LLMs like ChatGPT and in-house LLMs, like Xiaomi’s.

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Robinhood is up 160% this year, but several obstacles are ahead

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Robinhood is up 160% this year, but several obstacles are ahead

Florida AG opens probe into Robinhood. Here's the latest

Robinhood stock hit an all-time high Friday as the financial services platform continued to rip higher this year, along with bitcoin and other crypto stocks.

Robinhood, up more than 160% in 2025, hit an intraday high above $101 before pulling back and closing slightly lower.

The reversal came after a Bloomberg report that JPMorgan plans to start charging fintechs for access to customer bank data, a move that could raise costs across the industry.

For fintech firms that rely on thin margins to offer free or low-cost services to customers, even slight disruptions to their cost structure can have major ripple effects. PayPal and Affirm both ended the day nearly 6% lower following the report.

Despite its stellar year, the online broker is facing several headwinds, with a regulatory probe in Florida, pushback over new staking fees and growing friction with one of the world’s most high-profile artificial intelligence companies.

Florida Attorney General James Uthmeier opened a formal investigation into Robinhood Crypto on Thursday, alleging the platform misled users by claiming to offer the lowest-cost crypto trading.

“Robinhood has long claimed to be the best bargain, but we believe those representations were deceptive,” Uthmeier said in a statement.

The probe centers on Robinhood’s use of payment for order flow — a common practice where market makers pay to execute trades — which the AG said can result in worse pricing for customers.

Robinhood Crypto General Counsel Lucas Moskowitz told CNBC its disclosures are “best-in-class” and that it delivers the lowest average cost.

“We disclose pricing information to customers during the lifecycle of a trade that clearly outlines the spread or the fees associated with the transaction, and the revenue Robinhood receives,” added Moskowitz.

Robinhood CEO Vlad Tenev explains 'dual purpose' behind trading platform's new crypto offerings

Robinhood is also facing opposition to a new 25% cut of staking rewards for U.S. users, set to begin October 1. In Europe, the platform will take a smaller 15% cut.

Staking allows crypto holders to earn yield by locking up their tokens to help secure blockchain networks like ethereum, but platforms often take a percentage of those rewards as commission.

Robinhood’s 25% cut puts it in line with Coinbase, which charges between 25.25% and 35% depending on the token. The cut is notably higher than Gemini’s flat 15% fee.

It marks a shift for the company, which had previously steered clear of staking amid regulatory uncertainty.

Under President Joe Biden‘s administration, the Securities and Exchange Commission cracked down on U.S. platforms offering staking services, arguing they constituted unregistered securities.

With President Donald Trump in the White House, the agency has reversed course on several crypto enforcement actions, dropping cases against major players like Coinbase and Binance and signaling a more permissive stance.

Even as enforcement actions ease, Robinhood is under fresh scrutiny for its tokenized stock push, which is a growing part of its international strategy.

The company now offers blockchain-based assets in Europe that give users synthetic exposure to private firms like OpenAI and SpaceX through special purpose vehicles, or SPVs.

An SPV is a separate entity that acquires shares in a company. Users then buy tokens of the SPV and don’t have shareholder privileges or voting rights directly in the company.

OpenAI has publicly objected, warning the tokens do not represent real equity and were issued without its approval. In an interview with CNBC International, CEO Vlad Tenev acknowledged the tokens aren’t technically equity shares, but said that misses the broader point.

JPMorgan announces plans to charge for access to customer bank data

“What’s important is that retail customers have an opportunity to get exposure to this asset,” he said, pointing to the disruptive nature of AI and the historically limited access to pre-IPO companies.

“It is true that these are not technically equity,” Tenev added, noting that institutional investors often gain similar exposure through structured financial instruments.

The Bank of Lithuania — Robinhood’s lead regulator in the EU — told CNBC on Monday that it is “awaiting clarifications” following OpenAI’s statement.

“Only after receiving and evaluating this information will we be able to assess the legality and compliance of these specific instruments,” a spokesperson said, adding that information for investors must be “clear, fair, and non-misleading.”

Tenev responded that Robinhood is “happy to continue to answer questions from our regulators,” and said the company built its tokenized stock program to withstand scrutiny.

“Since this is a new thing, regulators are going to want to look at it,” he said. “And we expect to be scrutinized as a large, innovative player in this space.”

SEC Chair Paul Atkins recently called the model “an innovation” on CNBC’s Squawk Box, offering some validation as Robinhood leans further into its synthetic equity strategy — even as legal clarity remains in flux across jurisdictions.

Despite the regulatory noise, many investors remain focused on Robinhood’s upside, and particularly the political tailwinds.

The company is positioning itself as a key beneficiary of Trump’s newly signed megabill, which includes $1,000 government-seeded investment accounts for newborns. Robinhood said it’s already prototyping an app for the ‘Trump Accounts‘ initiative.

WATCH: Watch CNBC’s full interview with Robinhood CEO Vlad Tenev

Watch CNBC's full interview with Robinhood CEO Vlad Tenev

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