China’s electric farm trucks are very different than ours. I went there to see how
When I recently took a trip to China to see the world of electric micromobility, I was greeted with a wide range of personal electric vehicles. From e-bikes to e-scooters and even e-dirt bikes, I saw it all. But one of the most interesting examples, and clearly the most divergent from our own vehicles in the West, was what I saw while touring Wuzheng’s electric three-wheeler factory.
I know, I know. This isn’t what most of us think of when we hear the words “farm truck.” Trust me, I get it. I spent the first couple decades of my life in the southeastern US, a good ol’ southern boy. I grew up running through cornfields, barrel racing, and taking dates to watch the tractor pulls and demolition derbies at the county fair. In other words, I know rural living and what it means to work with your hands as a way of life. My current truck may be far from the typical work truck you’ll see on most farms and ranches, but I get it.
And so, while taking the bullet trains that cut through extremely rural areas of China, I was amazed to see both sights I recognized well and things that were completely new to most Westerners. At the end of the day, farmers are farmers. Their farmers may swap out our worn-out ball caps for their wider conical straw hats, but they put in the same long days in the fields that we do. More interesting to me though, was what they were using instead of our work trucks.
In the vast landscapes of rural China, electric three-wheeled vehicles seem to have become an indispensable part of daily life for farmers and workers. There, these vehicles are valued for their affordability, versatility, and efficiency.
Farmers use these electric trikes for a wide range of tasks, from transporting their harvests to local markets, to carrying fertilizers, tools, and crops across their fields.
The compact size and robust design of these vehicles make them ideal for steering around the narrow and often unpaved rural roads that characterize much of China’s countryside – places larger trucks would struggle to navigate. And without the need to buy or store expensive diesel, they can charge them up cheaply anywhere they can run an extension cord.
To see how these types of electric three-wheeler farm trucks are built, I went to visit the factory of one of the largest three-wheeler producers in the country, Wuzheng.
The company knows a thing or two about farm equipment. They’ve been building gas and diesel tractors and farm equipment since 1984, with their first combustion engine three-wheeler coming out around that time. They’ve since switched their three-wheelers over to electric drive, which makes them more reliable and requires less maintenance. Plus, they cost significantly less to own and operate with the reduced maintenance and lower fuel costs of electric vehicles. That reduced cost of ownership is a major reason I saw so many electric three-wheelers all over rural China and used on almost every farm I passed through.
One of the key reasons for the widespread adoption of electric three-wheelers among rural Chinese communities is their cost-effectiveness. Traditional vehicles like tractors or trucks are often prohibitively expensive for small-scale farmers and rural workers. In contrast, electric trikes are significantly cheaper to purchase and maintain. Additionally, the cost of electricity used to charge these vehicles is substantially lower than that of gasoline or diesel, making them an economically sustainable option for daily use. This affordability extends the mobility and operational range of rural workers, enabling them to transport heavier loads over longer distances with minimal expense.
The design is also optimized for daily work. The bed is lower than a typical pickup truck bed, making it easier to load, especially over the long side rails. The three-wheelers usually have tailgates and side gates, allowing them to convert into flat-bed trucks in seconds. The bed almost always tilts, turning them into dump trucks when necessary.
Visiting Wuzheng’s factory gave me a lot of insight into how the company is able to produce hundreds of thousands of these electric three-wheelers every year.
At this single factory, just one of many in Wuzheng’s sprawling grounds, there were a pair of assembly lines running side-by-side. Both lines cranked out electric three-wheelers, with one producing open-top variants and the other producing models with fully enclosed cabs.
Both styles are popular for different use cases, and the underlying frame and components are largely the same. To create both, the company begins with the raw materials in another massive warehouse next door. There, giant spools of steel sheets are cut and stamped into the sheet metal panels surrounding the vehicle.
At the same time, steel tubes are cut, formed, and welded into the frame and subassemblies of the three-wheelers.
The jobs are done mostly manually, with different workers specializing in different aspects, from manning the cutting and forming machines to welding the individual frame members and cab panels. Unlike some other factories we’ve seen with increased levels of automation, the process seems to be completed largely with human workers instead of robotics. As automation is still sweeping across the Chinese manufacturing industry, I wouldn’t be surprised to see more robotic operations added in the coming years.
From there, the frames and bodies are passed on to the coating and painting stage, where they begin to take on their recognizable forms.
The bare chassis almost resembles what we’d consider a ‘normal’ truck body, and it’s not until that single front wheel is added that the trike character shines through.
And that’s exactly what comes next, as those chassis move on to the assembly lines. Here is where they turn from a pile of parts into fully-functional work vehicles.
A series of stations equipped with gantry cranes lower major sections of the vehicles into place as workers manually mount the components.
From there, the vehicles are finished with Wuzheng’s branding and then driven right off the end of the assembly line into the staging yard ahead of final testing and loading onto trucks to distribute them across the country.
Wuzheng has hundreds of dealers spread around the country, and as one of the largest electric three-wheeler makers, sells hundreds of thousands of these machines every year.
But before two different styles of the company’s machines could make it onto a truck for delivery, I got the chance to borrow them for a few minutes and have my own joyride around the complex.
The first model I tested was an open-top variety, which represents the majority of electric three-wheelers you see in rural areas of China. It’s also the most cost-effective, since you don’t have the extra expense and complexity of an enclosed cab.
Without doors, it’s easy to hop on and off repeatedly, which you very well may be doing as you ride around fields and tend to any number of tasks.
These are usually rated for carrying many hundreds of kilograms and sometimes even over a metric ton (2,200 pounds). Riding around with an empty bed was obviously not taxing the machine, so I asked several of the company’s employees to hop aboard with me. Even with four adult men (or three adult men and one man-child journalist), the performance was unchanged.
And that make sense, since it’s common to see these electric three-wheelers loaded high with heavy cargo such as farm crops, or used for delivering bulk products like cases of heavy bottled drinks. They regularly carry hundreds of kilograms of goods, and so they’re built with torquey electric motors to handle that load.
Next, I hopped into an enclosed vehicle. This time, the cab included doors and a weather-sealed interior. Interestingly, the handlebars for the single front wheel were replaced by a steering wheel. Since you couldn’t see the single wheel in front of you, it really felt more like a standard four-wheeled vehicle from the inside.
Again, the power was more than sufficient, and it handled quite nicely. Neither machine had a particularly sophisticated suspension setup, but they were perfectly fine for riding around the bumpy complex we were touring.
The enclosed version obviously offers a big advantage during inclement weather, allowing riders to stay dry during rain or even use air-conditioning during hot summers.
The main question most people are probably wondering about is stability. We all know that three-wheelers aren’t as stable as four-wheelers, so what about tip-overs?
I can tell you that from testing the vehicles myself and doing parking lot donuts, I never felt like I had any issues with rollover. The machines put their heavy batteries low on the chassis, and the motor is mounted even lower on the axle.
That means the machine’s center of gravity is so low that you’d probably have to hit a hairpin turn at speeds faster than these are capable of to actually roll one.
This isn’t like the electric tricycle e-bikes I often cover, which can easily lift a wheel in sharp turns. For those, you’ve got a rider that weighs more than the machine sitting high up above the centerline axis. With these Chinese farm trucks, your rider is a small fraction of the total vehicle weight, which is designed to keep a super low center of gravity and optimize stability. When the majority of your weight is axle height, tipping the vehicle over is quite a chore.
Visiting Wuzheng’s factory and experiencing this style of work vehicle firsthand was an eye-opening experience. Electric three-wheeled vehicles like these have become a crucial tool for Chinese farmers and rural workers due to their affordability, efficiency, environmental benefits, and practicality.
As rural China continues to modernize and seek sustainable development, these vehicles will likely remain a cornerstone of daily life, facilitating agricultural productivity and improving the quality of life for millions of people across the countryside. With prices starting at less than the equivalent of a thousand US dollars, these vehicles are a much more affordable and accessible option for average working families.
And just because they aren’t shaped like the farm trucks we’re used to, doesn’t mean they don’t move the same bales of hale or bushels of corn. They just do it with fewer wheels on the ground and more wind in your hair.
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Elon Musk, who already suggested Tesla invest in xAI, is now setting the stage for the public company under his control to grossly overpay for xAI, a private company under his control that just absorbed Twitter (X).
Anyone invested in a mutual fund that owns Tesla shares could be about to bail out Musk and his billionaire friends.
At $44 billion, Musk knew he was overpaying for Twitter and tried to back out of the deal.
Within a year of Musk taking Twitter private, Fidelity Investments, which invested in Musk’s Twitter acquisition, revalued its investment as being down 65% from its purchase price.
A year later, in October 2024, Fidelity valued Twitter, X by now, at just $10 billion.
That’s not surprising since Musk had Twitter take on $12 billion in debt as part of the take-private deal, and revenue fell by roughly half under his leadership.
To take Twitter private, Musk personally financed the deal with $25 billion of his own and his existing stake in Twitter, $12 billion in debt, and about $7 billion in investment from his friends.
As of October, most of that equity was gone, but Musk wasn’t about to let a loss slide on his record.
In 2023, he launched xAI, a private company under his control that develops AI products. Tesla investors are suing him for breach of fiduciary duty and resource tunneling over the founding of xAI since he had previously stated that Tesla would be a big player in AI and simultaneously threatened not to build AI products at Tesla if he didn’t get more control of the company, but let’s put that aside for now.
When raising money for xAI in 2023, Axios reported on how Musk might use the AI company as a “plan B to save Twitter” and Musk responded:
“I have never lost money for those who invest in me and I am not starting now.”
Who are these people who invested in Twitter with Musk? There’s a long list, but two of the biggest investors are Prince Alwaleed bin Talal, a Saudi Arabian billionaire and head of Kingdom Holding Company, and Larry Ellison, billionaire co-founder of Oracle. Both are close friends of Musk.
VC firms Andreessen Horowitz and Sequoia Capital, Qatar’s sovereign wealth fund, the highly controversial crypto exchange Binance, and the previously mentioned Fidelity Investments have also invested in the deal.
By the end of 2024, those people were basically writing down 80% of their investment in Twitter, as per Fidelity.
However, a few months later, in March 2025, X was somehow valued back at $44 billion as part of a “so-called secondary deal.” Some took this information as news that X had turned around, but many were skeptical that the valuation could have gone from $10 billion to $44 billion in just 5 months.
Sure enough, we quickly learned that the new valuation had little to do with improved financials at X and was instead based on Musk pushing for xAI to buy X at $45 billion through an all-stock acquisition. A company’s valuation is only what someone is willing to pay for it and Musk was willing for xAI to “pay” $45 billion.
In late March, Musk announced that xAI had acquired X in a deal valuing xAI at $80 billion and X at $45 billion, while xAI would take on X’s $12 billion debt.
The world’s richest man was not shy about highlighting the controversial self-dealing here:
It’s worth noting that xAI had raised only $12 billion at a $40 billion valuation with virtually no revenue as of December 2024, and now it’s a $125 billion company, based entirely on Musk’s valuation, with $12 billion in debt.
How does Tesla plays into this?
Musk has promised Tesla shareholders that the Twitter acquisition would be good for the company. That was after he sold tens of billions of dollars worth of Tesla stocks to buy Twitter – sending Tesla’s stock crashing.
Tesla shareholders haven’t really seen a return on that yet unless you count a brief surge in stock price after Trump was elected, with the help of Musk and X, but the stock has since erased all those gains since Trump came into office.
Now, xAI is the plan B.
Last summer, Musk suggested that Tesla invests $5 billion in xAI, but that was before the company acquired X. Musk will need shareholder’s approval for a deal between xAI and Tesla, which would happen at Tesla’s shareholders meeting – generally held in June.
Now, Tesla’s CEO, who has been complaining about his eroding control of Tesla after selling shares to buy Twitter, has greatly inflated the value of xAI through this acquisition of X ahead of the potential investment.
Musk has also discussed Tesla integrating Grok, xAI’s large language model, into its products, specifically its electric vehicles.
A post on X this weekend suggested that this might be happening soon:
ChatGPT, OpenAI’s LLM, has already been integrated in many vehicles, including from the Volkswagen Group, Peugeot, and Mercedes-Benz.
Electrek’s Take
The grift never stops. As I have been saying for years, Musk is not equipped to be an executive of a public company, and this is just the latest example.
If all these entities were private, and he was taking his affluent private investor friends on a ride, I wouldn’t have any problem with this, but Tesla is a public company included in many ETFs and mutual funds. Many people own Tesla stocks without even knowing.
But as Musk said himself, he doesn’t let people who invested in him lose money. Does that include Tesla investors?
I don’t think it does anymore.
There’s an argument to be made that Tesla shareholders should already own Musk’s stake in xAI. That’s what the breach of fiduciary duty lawsuit is about. Musk said that Tesla was “a world leader in AI’ and said that AI products would be critical to the company’s future.
Then, he starts a private AI company and threaten Tesla shareholders that he will not build AI products at Tesla if he doesn’t get more than 25% control over the company. That’s a clear breach of fiduciary duties to Tesla shareholders as the CEO of Tesla, but it will likely take years to solve this through courts.
In the meantime, Musk is pushing for Tesla to invest in xAI, which is now valued at $125 billion – a number completely made up by Musk.
Grok is not a bad product, but it ranks below OpenAI’s ChatGPT and Google’S Gemini in most AI rankings. It also relies too heavily on information from X, which is far from reliable. Most experts see xAI as being way behind OpenAI and other AI companies, which are already generating significant revenue.
Now, I doubt Musk will still push for a $5 billion investment from Tesla. I don’t think that Musk will want Tesla to spend 15% of its cash position on this amid delcinign earnings and a very difficult macroeconomic situation.
I wouldn’t be surprised to see Musk pushing for Tesla to invest in xAI as part of a stock deal.
The timing would be good for Musk. Tesla’s current brand issues, lower deliveries, crashing earnings have led to a much lower share price on top of the crashing US stock market. If Tesla’s share price is lower, Musk can get more shares for his made-up valuation of xAI.
Musk likely owns more than 50% of xAI post X acquisition. A stock deal would virtually result in him getting half of the Tesla stocks that are part of the deal – boosting his stake in Tesla, which has been his goal since selling his stake to buy an overpriced Twitter.
In short, Musk sold Tesla stocks to buy an overpriced Twitter, regretted it and threatened Tesla shareholders to get more shares. Now, he might get Tesla shareholders to pay for the acquisition again at the same ridiculous valuation.
The craziest thing about all of this is that I bet Tesla shareholders are going to approve this scheme.
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Specialized has announced a voluntary recall for several of its popular Turbo e-bike models after identifying a safety issue with the chain guard that could pose a fall risk to riders. The culprit? A clothing-eating drivetrain setup that may be a bit too hungry for its own good.
The recall affects Turbo Como IGH, Turbo Como SL IGH, and Turbo Vado IGH models equipped with internal gear hubs (IGH), sold between 2021 and 2024. According to Specialized, certain chain guards on these bikes may allow loose-fitting clothing to become entrapped in the drivetrain, potentially causing crashes or falls.
The recall includes both belt-drive and chain-drive models. Models equipped with traditional rear derailleurs are not part of the recall and remain unaffected.
The issue isn’t widespread in terms of injuries — thankfully, as there have been no reports of serious harm. But as Specialized continues to grow its e-bike lineup, especially in the urban and commuter segment, it’s clear they’re taking proactive steps to ensure rider safety and confidence.
Riders of affected bikes are being advised to stop using their e-bikes immediately and schedule a free chain guard replacement with their local Specialized retailer. The fix will be installed at no cost, and Specialized is footing the bill for both parts and labor.
You can check if your model is affected by visiting Specialized’s official recall notice page, or by contacting their Rider Care team.
This recall lands in a growing category of micromobility safety updates and recalls, as more riders turn to e-bikes and scooters for daily transportation. From battery-related recalls to structural flaws, the increased adoption of electric two-wheelers has put new pressure on manufacturers to catch potential issues early.
While the vast majority of all e-bikes and e-scooters will never see a recall, the growing number of models on the road has seen an uptick in such occurrences over the last few years.
Electrek’s Take
While it’s always disappointing to see a defect, it’s encouraging to see brands like Specialized move quickly, transparently, and without passing costs to the customer.
And let’s be honest: for riders who favor flowing pants, long jackets, or any other long garment, these kinds of things can happen. My wife learned that the hard way when she lost a chunk of her kimono last year when she switched to riding her bike to work every day. Securing long, flowing clothing is just part of the safety procedure for riding bike. It’s good that Specialized is being proactive here, but I think just about any bike could see long garments getting sucked into a chain if conditions are right – or wrong.
I reviewed one of these e-bikes a few years ago and it was an incredible ride. I managed to escape with my pants intact, and I’d still ride one any day. If I owned one though, I’d probably take it in for that free chain-guard swap, though – which is just another example of a benefit of buying a bike shop e-bike as opposed to a direct-to-consumer brand. I love my D2C e-bikes, but having a bike shop help with this stuff, or even reach out to you directly during a recall, is a big plus in my book.
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Environment
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025.
Pavel Mikheyev | Reuters
U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a recession.
Futures tied to U.S. West Texas intermediate crude fell more than 3% to $59.74 on Sunday night. The move comes after back-to-back 6% declines last week. WTI is now at the lowest since April 2021.
Worries are mounting that tariffs could lead to higher prices for businesses, which could lead to a slowdown in economic activity that would ultimately hurt demand for oil.
Oil futures, 5 years
The tariffs, which are set to take effect this week, “would likely push the U.S. and possibly global economy into recession this year,” according to JPMorgan. The firm on Thursday raised its odds of a recession this year to 60% following the tariff rollout, up from 40%.
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