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Pedego announced a slew of big new bikes this month, and we got to try out our favorite, the Pedego Moto. This brawny, two-person, class 2/3 beast leaves its competitors in the dust in so many ways. As Micah would say, “Let’s check it out…”

We’ve talked about Pedego a ton here at Electrek, but it bears repeating. No other bike company is doing more to get Americans onto e-bikes. With their excellent brick-and-mortar stores, many, if not most, Americans’ first e-bike experience is renting or trying an e-bike at a Pedego store. And because Pedego stores and e-bikes are top-notch, those experiences are almost entirely good first impressions.

I have a store in my local town, and it is the go-to place to pick up bike accessories, get a quick tuneup, or fix something (on any bike!) . It is also a great place to meet like-minded bike riders. They often sponsor local bike rides and encourage train tourists to visit our town and see it on an e-bike, which is better for everyone than driving a car.

Pedego Moto

The Pedego Moto, at first glance, will remind you of a Juiced Scorpion or the many other copycats that came along in the years since it was introduced. I’m here to say this thing is different in a number of important ways.

The most obvious is that it is much bigger, and its seat is long enough to carry a second passenger without modifications. The 2nd rider foot pegs come with the bike in its default configuration. That stretched seat also lets taller riders slide back for that sweet leg extension when actually pedaling, which on the Moto, I found quite easy. That tapered seat, while comfy for long rides, also tapers at the front to allow easy pedaling.

Also, components are almost universally better, including turn signals, larger 210mm hydraulic brakes, and huge 20-inch wheels that will go off-road much better than others in this class. SRAM gears are going to last a lot longer than the Shimano Altus setup that many of these bikes have. And just look at those burley tires.

The battery is 922Wh at 48V which will power the bike for up to 75 miles according to Pedego but more typically about 40 at near full power with little pedalling. I don’t like that it is a proprietary connector but it fast charges the battery at 5A. I was genuinely shocked how far I could ride with just small battery drops and it will last weeks in between charges if you want it to.

Pedego has revolutionized unboxing!

Like the taller boxes we saw at Upway, Pedego is now using a taller box that allows it only to require screwing in pedals and adjusting/tightening the handlebars. Including removing the tape and bubble wrap, you can be riding the Pedego Moto within 5 minutes of opening the box.

While most Pedegos will be purchased (and tuned up) at stores, this makes the process easier for Pedego technicians and direct-to-consumer customers as well.

There’s no heavy front wheel to put on, cables to plug in, or other stuff to install. Most e-bikes take me at least a half hour to assemble and often more than an hour. Pedogo Moto? I was riding within minutes of the box being delivered. The battery came more than half charged and that was good for a day of play.

Moto Experience

Pedego bikes, though they come in all shapes and sizes generally follow a standard Class 2 system that allows the bike to go up to 20 miles/hour on throttle or pedal assist. Some of their bikes, including the Moto, can be enabled to go class 3, which is up to 28 miles per hour. However, this is only pedal assist, the throttle will stop applying power at 20mph.

This allows pedego bikes to be legal in the largest number of areas while also allowing a speedy 28mph option. In reality, the large size of the bike will put pedal-assist riding at about 25 mph, in my experience. Still quite fast for such a big bike with huge tires.

Other bike companies, including Pedego’s competitors, have various flavors of “off-road mode,” which allow the motors to spin at any speed but also make them illegal in many jurisdictions.

I found the Moto to be a great ride both on the road and on gravel. Those huge tires and soft suspension eat up those potholes like no one’s business. And, even with a passenger in the back, there’s no stopping the powerful 85nm torque motor in the back.

The Moto is best for cruising and riding around town. There it excels and turns some heads, especially in this blue variety.

Moto Safety

While this bike is large, it turns quite well with admirable wheel balance and a solid front fork.

The front light not only lets oncoming cars see the Moto well at night but it also illuminates the road well enough to ride without concern. Those big hydraulic brakes on 210mm discs are also great at stopping this big bike in its tracks.

The step-over nature of the bike makes it easy to get on and off, especially with packages or another rider on the back.

Maybe the most underrated safety item is the turn signals, which I think Pedego has done well, especially in the user interface department. But the backlight is hidden a little too far under the rear seat and is typically small for an e-bike. Still, drivers and riders will almost always see the bright light when at a medium-length distance away.

Pedego Moto Price

This is a Burley bike, and Pedego has to keep its brick-and-mortar stores going, so the price may surprise those used to fly-by-night dropship prices. It is $3995. Yes, it is a lot, but you get a lot, including white glove service and actual local people there to help out when things go wrong.

Electrek’s take

I like all 3 of Pedego’s new e-bikes and if you’ve got the cash, these e-bikes are built to last and a ton of fun. The Moto isn’t light but it rides like a much more svelt e-bike and is even great for carrying 2 people!

The Petego Moto in Black, thanks to Riley at the awesome local Croton Pedego store

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At Trump’s $148 million meme coin dinner, ‘the food sucked’ and security was lax, attendee says

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At Trump's 8 million meme coin dinner, 'the food sucked' and security was lax, attendee says

Crypto investor Nicholas Pinto attends President Donald Trump’s gala dinner for people who spent the most money on Trump’s meme coin, $TRUMP, in a contest, at Trump National Golf Club in Potomac Falls, Virginia, May 22, 2025.

Nicholas Pinto

The price of President Donald Trump‘s meme coin plunged 16% as of Friday morning, just hours after he hosted a black-tie gala at his Virginia golf club for its biggest buyers — an elite crowd that spent a combined $148 million on the token for the chance to be there.

It was billed as “the most exclusive invitation in the world.”

Among the 220 attendees were crypto influencers, industry executives such as Sandy Carter of Unstoppable Domains, and former NBA star Lamar Odom, who used the occasion to praise Trump as “the greatest president” and promote his own token, $ODOM.

The top 25 wallets were promised a private reception and guided tour. Others, such as 25-year-old Nicholas Pinto — whose dad drove him to the event in his Lamborghini — left underwhelmed and still hungry.

“The food sucked,” Pinto said. “Wasn’t given any drinks other than water or Trump’s wine. I don’t drink, so I had water. My glass was only filled once.”

Trump made only a brief appearance, Pinto said. “He didn’t talk to any of the 220 guests — maybe the top 25,” he said.

All in, the president was there for 23 minutes, Pinto said. Trump delivered a brief address rehashing old crypto talking points then left on a helicopter before taking any questions or pictures with his meme coin contest winners, he said.

Phones weren’t locked in RFID pouches, and security was lax, according to Pinto.

“Once Trump left, they didn’t really worry about anything else,” Pinto added.

Contest winners who spent the most on $TRUMP meme coins added their signatures to a poster-sized printout of the leaderboard at a gala dinner at Trump National Golf Club in Potomac Falls, Virginia, May 22, 2025.

Nicholas Pinto

The crowd’s opulence was on full display.

“Richard Mille watches weren’t even rare,” Pinto said. “I saw at least 16 people wearing them. I never see that unless I’m at a high-end restaurant in Miami or Dubai.”

But the vibe was more muted than expected, he said: “Lots of people didn’t even hold the coin anymore. They were checking their phones during dinner to see if the price moved.”

CNBC has reached out to Trump representatives for comment on the dinner and attendees.

Protests

For lawmakers and regulators, the dinner set off alarm bells.

The #1 token holder was Chinese-born crypto mogul Justin Sun, who is currently facing Securities and Exchange Commission fraud charges that were recently paused, with the agency citing “the public interest.”

Sun holds over $22 million in the $TRUMP token and another $75 million in World Liberty Financial’s native token.

“As the top holder of $TRUMP and proud supporter of President Trump, it was an honor to attend the Trump Gala Dinner,” Sun posted on Friday. “Thank you @POTUS for your unwavering support of our industry!”

Outside the gates of Trump National Golf Club in Potomac Falls, Virginia, about a hundred protesters gathered, according to NBC News. Sen. Jeff Merkley, D-Ore., joined them, backing a new End Crypto Corruption Act with Senate Minority Leader Chuck Schumer, D-N.Y.

Signs read “Crypto Corruption” and “Trump is a traitor.”

Crypto on Capitol Hill

“The Trump family activity in the memecoin space makes my work in Congress more complicated,” Rep. French Hill, R-Ark., told CNBC on Friday.

Hill, who’s leading negotiations on a bipartisan stablecoin regulation bill known as the GENIUS Act, called the gala “a distraction from the good work we need to do.”

Now, the GENIUS Act is at risk.

Sen. Josh Hawley, R-Mo., recently added a controversial rider to the bill that would cap credit card late fees — what’s seen as a poison pill that could alienate banking allies and stall final approval.

President Donald Trump speaks at a dinner for meme coin contest winners at Trump National Golf Club in Potomac Falls, Virginia, May 22, 2025.

Nicholas Pinto

On Thursday night as the meme coin contest dinner was underway, a bloc of Senate Democrats announced they’d be pushing for a new provision that would ban presidents and senior officials from profiting off crypto ventures while in office — a direct challenge to the Trump-linked stablecoin USD1 that launched in the spring.

In Washington, there’s growing concern that political infighting over Trump’s crypto ventures could derail the stablecoin bill altogether. That poses an even bigger risk.

According to The Wall Street Journal, major banks including JPMorgan, Bank of America and Citi are in early talks to issue a unified digital dollar to compete with Tether, the foreign-controlled stablecoin that now commands over 60% of global market share.

Those plans hinge on legal clarity.

If the GENIUS Act stalls, the U.S. could lose its window to regain ground in the global race for digital payments.

The White House has tried to draw a line between Trump the president and Trump the private businessman.

“The president is attending it in his personal time. It is not a White House dinner,” press secretary Karoline Leavitt told reporters when pressed on attendee transparency.

President Trump holds controversial private dinner for top investors in his meme coin

The administration declined to release a guest list. But blockchain data — and a patchwork of guest photos — tell part of the story.

A Bloomberg News analysis found that all but six of the top 25 wallets used foreign exchanges, ostensibly off-limits to U.S. users. More than half of the top 220 wallets were linked to similar offshore platforms.

One Nasdaq-listed penny stock, Freight Technologies, disclosed in an SEC filing that it spent $2 million on Trump’s token to push U.S.-Mexico trade policy. It didn’t make the cut for the dinner — finishing 250th.

Since its January debut, the $TRUMP coin has generated more than $324 million in trading fees. Roughly 80% of the $TRUMP token supply is controlled by the Trump Organization and affiliates, according to the project’s website.

WLFI, the Trump’s parallel token, has sold $550 million in two token sales.

President Trump holds meme coin dinner

Still, White House AI and crypto czar David Sacks remained bullish on “significant bipartisan support” for stablecoin legislation.

“We already have over $200 billion in stablecoins — it’s just unregulated,” Sacks told CNBC’s “Closing Bell Overtime” on Wednesday. “If we provide the legal clarity and legal framework for this, I think we could create trillions of dollars of demand for our Treasurys practically overnight, very quickly.”

“We have every expectation now that it’s going to pass,” added Sacks, though he didn’t answer a question about concerns from Democrats that there aren’t sufficient safeguards in place to keep the president and his family from profiting from legislation.

While Sacks sold $200 million in crypto-related holdings before taking his White House job, according to a disclosure filing, Trump and his family have been leaning into building a crypto empire.

The Trumps are financial backers of World Liberty Financial, which is behind the USD1 stablecoin that is backed by Treasurys and dollar deposits.

Abu Dhabi’s MGX investment fund recently pledged $2 billion in USD1 to Binance, the world’s largest digital assets exchange. It’s the company’s largest-ever investment made in crypto.

Read more about tech and crypto from CNBC Pro

President Trump hosts meme coin megadonors amid conflict of interest claims

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Podcast: EV/Solar killing bill moves forward, Elon lies about Tesla’s demand, cheaper EVs, and more

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Podcast: EV/Solar killing bill moves forward, Elon lies about Tesla's demand, cheaper EVs, and more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss the EV/Solar killing bill moving forward, Elon lying about Tesla’s demand, cheaper EVs coming, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

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We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET)

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Circle K just opened a new spot exclusively for EV charging with no gas pumps in sight

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Circle K just opened a new spot exclusively for EV charging with no gas pumps in sight

This is what the future of travel will look like. Circle K opened its first location exclusively for EV charging in Europe. The site features ten ultra-fast EV chargers and a convenience store while you wait.

Circle K opens first EV charging-only site in Europe

The new EV charging hub is located in Gårda, near Gothenburg, Sweden. It’s Circle K’s largest EV charging-only location with ten 400 kW chargers that can recharge from 0 to 80% in around 15 minutes.

Kempower supplied two 600 kW Power Units and ten Single Satellite chargers that can deliver up to 400 kW of power.

With an improved version of Kempower’s Autocharge feature, the system can store your information so that the next time you visit, all you have to do is plug in. The system will recognize your vehicle and bill you automatically.

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While you wait, there’s a 1,076 ft² (100 m²) convenience store that offers “a complete retail experience,” offering food, drinks, Wi-Fi, and plenty of seating.

The site expects heavy traffic on Sweden’s E6, with over 10,000 vehicles travelling on the motorway daily.

Circle-K-EV-Charging
Circle K opens its first EV charging-only site in Europe (Source: Kempower)

The new EV charging-only site comes after Circle K opened its largest EV charging hub in Sweden. Located just southwest of Stockholm, the flagship location has 26 fast chargers that can be used with light and heavy-duty vehicles.

Circle K now has over 3,000 branded chargers across Europe and will continue adding to its network as demand for EV charging rises.

Circle-K-EV-charging
Circle K’s largest electric vehicle charging hub in Sweden (Source: Circle K)

With around 17,000 locations globally, the company said it’s “uniquely positioned” to support the transition to electric vehicles.

Will we see Circle K open a location exclusively for EVs in the US? As more electric cars hit the road, more charging options will be needed. A few convenience stores, including 7-Eleven, are already rolling out fast chargers. Through 7Charge, 7-Eleven aims to build “one of the largest and most compatible” EV fast charging networks of any retailer in North America.

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