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Today’s Green Deals are all about getting up to go – whether that’s on an e-bike or in an EV. Leading the group today is Hiboy’s 2024 P7 Commuter e-bike that has dropped to a new $900 low in the brand’s latest sale. It is joined by the popular Hover-1 Altai Pro R750 e-bikes that come decked out in plenty of accessories starting from $1,758, as well as a one-day 50% discount on Rexing’s CCS to Tesla EV Charger Adapter for models S, 3, X, and Y to its $100 low. There’s also the early-bird discounts on Vanpowers’ new GrandTeton All-Terrain e-bikes, a chance to save $100 on the security-minded Hover-1 Ace R350 Pro e-scooter – plus, all the other hangover Green Deals that are still alive and well, like yesterday’s Rad Power Labor Day sale kickoff that has two e-bikes down at $999 with a free extra battery offer on another, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Hiboy’s 2024 P7 Class 3 Commuter e-bike at $900 low

Hiboy’s Back to School sale is still taking up to 50% off a large selection of the brand’s e-bikes and e-scooters, including the first chance to save on the brand’s new EX7 Full-Suspension e-bike. Another new addition to the Hiboy lineup, the 2024 P7 Commuter e-bike is seeing its lowest price yet at $899.99 shipped. Normally priced for $1,700, this is another first chance to save on this 2024 model that had yet to see discounts in the year before this sale came around. You’re looking at a massive 47% markdown here today, scoring you the latest version for your commute needs with $800 cut off the price tag for a new all-time low.

Hiboy’s 2024 P7 Commuter e-bike cruises into view at speeds up to 28 MPH, with three simplified riding modes to choose from: A bike mode to solely power the bike on your own and get in some good cardio, a power-assist mode that can help the rider to reach its top speeds for up to 68 miles, or the pure electric mode that relies on throttle activation for up to 37 miles.

The sleek frame houses the 500W brushless motor that is paired alongside a removable IPX5-rated waterproof 14.5Ah battery, while a Multifunction LCD Display not only gives you at-a-glance performance data, but can also act as a personal coach that pushes you to outdo your previous days’ best. Its also been given front shocks and 2.2-inch mountain tires for when you head off the paved pathways for some adventure. The frame itself also holds an IPX4 water-resistant rating, so you can bury any concerns about hitting those oh-so-enticing puddles during treks out about the town.

Hiboy 2024 P7 e-bike

Hover-1 Altai Pro R750 e-bike comes decked out in gear starting from $1,758

Amazon is offering some major price cuts on the white Hover-1 Altai Pro R750 e-bike that is now down at $1,757.90 shipped. This popular and fully-decked out model often goes for $3,000, with its yellow and black counterparts having seen more recent discounts in the last few months, though we did see this model drop to $1,800 at the top of the month for a short-lived period. While we have seen it go as low as $1,270 in the past (last seen in January), it’s still coming back today with a solid $1,242 cut from its price tag, giving you a powerful commuting/joyriding solution at an affordable rate far lower than usual. You’ll also find the black R750 model down at $2,029 and its yellow counterpart down at $1,997.

Hover-1’s Altai Pro R750 e-bike arrives sporting a stylish motorcycle-inspired frame that houses a 750W motor and a 48V battery that work together to reach top speeds of 28 MPH and carry you up to 55 miles on a single charge. It typically takes seven to eight hours to fully charge, and the battery is removable from the body for more convenient charging. Its 20-inch fat tires help you traverse uneven terrain, and it has been outfitted with a headlight, taillight, and turn signals. It also comes decked out in an array of accessories: dual side mirrors, a phone storage bag, side and rear racks, two saddle bags, a rear mudguard, a triangular storage bag, and a folding lock. Head below to read more.

Rexing’s CCS to Tesla EV Charger Adapter for models S, 3, X, and Y now 50% off for today only

Included as part of its Deals of the Day, Best Buy is offering the Rexing CCS to Tesla EV Charger Adapter for Tesla Models S, 3, X and Y for $99.99 shipped through the rest of the day. This handy adapter would normally cost you $200 most days, and we’ve seen a few discounts on occasion in the last year, but they’ve mostly been one-day price cuts spaced out over months. Today though, you can grab this device at a massive 50% markdown that gives you $100 in savings and returns costs back to the all-time lowest rate we have tracked.

With this handy little adapter, Tesla drivers will gain even more charging access to the over 5,000 CCS level 3 fast charging stations across the country. Small and compact, it easily stores away inside your vehicle until it’s needed, re-juicing your Tesla at up to 250kW or 250A speeds (depending on car battery and DC charger specs). It also comes with a protective travel case. There’s also a similar J1772 to Tesla adapter as well, currently priced at $80.

If you’re a Tesla owner who wants to upgrade your home charger setup, Best Buy permanently dropped the price on the Tesla Universal Wall Connector Level 2 Hardwired EV Charger to $580, down from $620. It boasts a customizable output of up to 48A of power, which can be adjusted during indoor or outdoor installations, and also employs an integrated J1772 adapter making it compatible with other EV brands/models outside the Tesla boundaries. You’ll be getting upward to 44 miles of travel range per hour of charging when set at its maximum amperage. If you’re part of a Tesla-only household with no out-of-brand charging needs, consider the cheaper non-universal model that is sitting at $450, matching its Amazon rate.

Summer e-bike deals!

Hiboy 2024 P7 e-bike

Other new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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The new Hyundai IONIQ 6 has some seriously impressive range, more than the Kia EV4

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The new Hyundai IONIQ 6 has some seriously impressive range, more than the Kia EV4

Hyundai’s electric fastback is due for some major upgrades that could finally make it the Tesla Model 3 challenger it was designed to be. The new Hyundai IONIQ 6 is better than ever, featuring a stylish new look both inside and out, an NACS port for charging at Tesla Superchargers, and even more driving range than expected.

The new Hyundai IONIQ 6 is a long-range, stylish EV

It’s been just about three years since Hyundai unveiled the IONIQ 6 for the first time at the 2022 Busan International Motor Show.

Hyundai’s “electrified streamliner” arrived as what was expected to be a genuine rival to the Tesla Model 3, boasting over 350 miles of driving range, fast charging in under 20 minutes, and an affordable price tag.

Despite this, the electric sedan has failed to live up to its hype. In the US, IONIQ 6 sales fell 6% last year, with only 12,264 units sold. According to Cox Automotive, Tesla sold 189,903 Model 3s in the US last year, a decrease from 2023, partly due to the launch of the refreshed model.

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With the upgraded IONIQ due out later this year, Hyundai’s EV might finally match the Model 3 as another long-range, fast-charging, affordable electric sedan.

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The new Hyundai IONIQ 6 (Source: Hyundai Motor)

The new Hyundai IONIQ 6 has just become Korea’s longest-range electric sedan. It was officially certified by the Ministry of Environment with a range of up to 568 km (353 miles), surpassing the Kia EV4 at 549 km (341 miles).

On the WLTP scale, that could translate to nearly 700 km (430 miles) range. The current IONIQ 6 is rated with a WLTP range of up to 614 km (382 miles).

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The new Hyundai IONIQ 6 N-Line (Source: Hyundai Motor)

For those in the US, the 2025 Hyundai IONIQ 6 already provides an EPA-estimated range of up to 342 miles. The new model is expected to achieve a range of over 350 miles.

The new IONIQ 6 features an upgraded 84 kWh battery, similar to the 2025 IONIQ 5, providing increased driving range. Hyundai’s new IONIQ 5 is now rated with an EPA-estimated driving range of 318 miles, up from 303 miles in the 2024 model.

Like the IONIQ 5 refresh, the new IONIQ 6 is expected to arrive with a built-in NACS port, allowing access to Tesla Superchargers.

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Hyundai teases the new IONIQ 6 N (Source: Hyundai)

Hyundai unveiled the new IONIQ 6 design at the Seoul Mobility Show in April, saying it “enhanced every line and detail to make the IONIQ 6 simpler and more progressive.” And last week, Hyundai teased a sporty “N” line mode coming soon. We got a sneak peek of it in public a few days later after it was spotted driving in Korea. You can tell, it’s already shaping up to be a significant upgrade.

As for prices and final specs, we’ll have to wait until closer to launch later this year. Check back soon for more info. We’ll keep you updated with the latest.

Will Hyundai’s electric sedan finally compete with the Model 3? Let us know your thoughts in the comments below.

Source: Yucca Post Korea

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Markets are shrugging off the Israel-Iran conflict. Some strategists warn of complacency

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Markets are shrugging off the Israel-Iran conflict. Some strategists warn of complacency

Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025 in Tehran, Iran.

Getty Images | Getty Images News | Getty Images

Global investors may be underpricing the impact of a conflict between Israel and Iran, market watchers warned on Monday, as stocks rallied despite escalating warfare in the Middle East.

The two regional powers continued trading fire on Monday, marking the fourth consecutive day of fighting since Israel launched airstrikes against Iran last week.

Despite the continued fighting — with hundreds reported dead — global stock markets sustained a positive momentum on Monday, seemingly shrugging off broader concerns about the conflict.

Russ Mould, investment director at AJ Bell, warned on Monday that there was a risk markets were underpricing “the risk of a major conflagration in the Middle East,” particularly when it comes to the energy market.

European shares opened broadly higher on Monday, with Asia-Pacific stocks and U.S. stock futures also trading in the green. Even Middle Eastern indexes saw gains on Monday, with the Tel Aviv 35 index last seen trading 1% higher after falling 1.5% last week.

“This is partly because there are so many moving parts and geopolitical considerations, and partly because the potential outcomes are so unthinkable,” Mould said. “In a worst case, oil and share prices would be the least of our worries.”

In a Monday morning note, David Roche, a strategist at Quantum Strategy, warned that the conflict between Israel and Iran “will last longer than the Israeli lightning-strikes that the market is used to.”

Torbjorn Soltvedtp, principal Middle East analyst at Verisk Maplecroft, agreed, saying an escalation remained of “huge concern.”

“What we have now is very different, and what we’re seeing is effectively a war and an open-ended one,” he told CNBC’s “Squawk Box Europe.”

“And of course, that is something that has huge implications, not just for the region, but also for energy markets and how they interpret what is happening. You know, minute by minute and day by day.”

Energy markets have moved the most on news of the attacks, as the Israel-Iran conflict stoked supply concerns.

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While Friday marked the biggest single-day gain for crude since Russia’s full-scale invasion of Ukraine in 2022, however, global benchmark Brent crude futures — last seen at $73.75 a barrel — were still far below the prices seen in the aftermath of Moscow’s incursion into Ukrainian territory.

“A lull is the most likely outcome before later escalation when Iran rejects US Trump’s overtures,” Roche said. “The market is likely to mistake the lull for lasting peace. I would use the lull to buy into energy assets as a safe haven.”

‘Very modest’ market reaction

Some market watchers are taking a somewhat less pessimistic view, however.

In a note on Monday, Deutsche Bank’s Jim Reid noted that while both Iran and Israel had traded retaliatory blows, they had so far avoided “the most extreme escalatory steps.”

“As geopolitical shocks are becoming more frequent it seems it’s now at least a yearly occurrence that we refer to our equity strategists’ work on the impact of such shocks and how long it takes for the market to recover from them,” he said.

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“The typical pattern is for the S&P 500 to pull back about -6% in 3 weeks after the shock but then rally all the way back in another 3,” Reid said. “[Our strategists] believe this incident will likely be milder than this unless we get notable escalation as they highlight that equity positioning is already underweight … and a -6% selloff would need it to fall all the way to the bottom of its usual range.”

Philippe Gijsels, chief strategy officer at BNP Paribas Fortis, told CNBC on Monday that he feels the market is correct in not pricing a huge escalation, such as the U.S. being drawn into the fray, or a blockade of the Strait of Hormuz.

America will enter a war in the Middle East if a single U.S. base is hit, analyst warns

The Strait of Hormuz, nestled between Iran and Oman, is a vital oil transit route through which millions of barrels of oil are transported every day.

“Still, the market reaction has been very modest, so there is room for disappointment if things were to escalate,” Gijsels conceded on Monday.

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Tesla Robotaxi launch is a dangerous game of smoke and mirrors

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Tesla Robotaxi launch is a dangerous game of smoke and mirrors

Tesla’s upcoming Robotaxi launch in Austin, Texas, is increasingly looking like a game of smoke and mirrors, and a dangerous one at that.

CEO Elon Musk claims Tesla is being “paranoid with safety”, but it is taking risks for the purpose of optics.

It’s all about optics

Musk has been wrong about self-driving for years. His track record is marked by missed deadlines and broken promises.

He said:

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“Our goal is, and I feel pretty good about this goal, that we’ll be able to do a demonstration drive of full autonomy all the way from LA to New York, from home in LA to let’s say dropping you off in Times Square in New York, and then having the car go park itself, by the end of next year. Without the need for a single touch, including the charger.”

That was in 2016, and therefore, he claimed it would happen by the end of 2017. Today, in 2025, Tesla is still not capable of doing that.

Musk has claimed that Tesla would achieve unsupervised self-driving every year for the last decade. It has become a running gag, with many YouTube videos featuring his predictions and a Wikipedia page tracking his missed deadlines.

Famously, the predictions are about Tesla achieving self-driving “by the end of the year” or “next year.”

This time, Musk has set a clear deadline of “June” for Tesla to launch its robotaxi service.

With Waymo pulling ahead in the autonomous driving race, now operating in four cities, providing over 200,000 paid rides per week, and soon expanding with 2,000 more vehicles, Musk needs a win to maintain the illusion he has been pushing for a while: that Tesla is the leader in autonomous driving.

He recently claimed about Tesla’s self-driving technology:

No one is even close. There’s really not a close second. We felt like it was a bit of an iPhone moment — you either get it or you don’t, and there’s a massive gap.

This is becoming increasingly difficult to claim amid Waymo’s expansion. Still, Musk believes that the robotaxi launch in Austin will help maintain the illusion, even though Waymo has already been operating like Tesla’s plans in Austin for years in other cities and for months in Austin itself.

Moving of the Goal Post

We have often described what Tesla is doing in Austin with its planned “robotaxi” launch as a moving of the goalpost.

For years, Tesla has promised unsupervised self-driving in all its vehicles built since 2016. Musk explicitly said that customers who bought Tesla’s Full Self-Driving package would be able to “go to sleep” at the wheel of their vehicles and wake up in another city.

Now, Musk is claiming that Tesla has “solved” self-driving with its “robotaxi” launch, but it is vastly different from prior promises.

Tesla plans to operate its own small internal fleet of vehicles with dedicated software optimized for a geo-fenced area of Austin and supported by “plenty of teleoperation.” This is a night-and-day difference compared to deploying unsupervised self-driving in customer vehicles, as promised since 2016.

Musk himself is on record saying, “If you need a geofence area, you don’t have real self-driving.”

Now, Musk is on record saying that Tesla will only launch the service in a limited area in Austin and even avoid certain intersections that Tesla is not sure it can handle:

We will geo‑fence it. It’s not going to take intersections unless we are highly confident it’s going to do well with that intersection. Or it will just take a route around that intersection.

In addition to geofencing, Tesla is also utilizing teleoperation to control vehicles with human operators remotely.

We reported last year when Tesla started building a “teleoperation team.”

Despite Tesla originally planning to launch the robotaxi service on June 12, and now “tentatively” on June 22, the automaker posted a new job listing days ago for engineers to help build a low-latency teleoperation system to operate its “self-driving” cars and robots.

The use of geofencing and teleoperation results in Tesla having the same limitations as Waymo, which Musk claimed means it’s “not real self-driving and not scalable to the customer fleet as promised by Tesla for years.

‘Paranoid’ about Safety

Musk claims that Tesla is being “super paranoid” about safety, but you have to take his word for it.

We have pointed it out before, but it’s worth repeating: Waymo tested its self-driving vehicles in Austin for six months with safety drivers and then for another six months without safety drivers before launching its autonomous ride-hailing service in the city.

As for Tesla, it tested its vehicles with safety drivers throughout Austin for a few months. Then, Musk announced in late May, only weeks before the planned launch, that it had started testing without safety drivers.

Despite many people being on the lookout for these driverless Tesla Robotaxis, they were only spotted for the first time last week.

Since then, only two confirmed Tesla vehicles without drivers have been spotted testing.

Furthermore, several of those vehicles were spotted with Tesla employees in the front passenger seat. While Musk claims that there are “no safety driver”, these “passengers” pay attention at all times and have access to a kill switch to stop the vehicle.

They virtually operate like “safety drivers”, but they are on the passenger seat rather than the driver’s seat.

Tesla is currently still in the “testing” phase based on the listing with the state regulators, which also mentions “no” safety drivers:

To go back to the “optics” for a second, Tesla’s head of self-driving, Ashok Elluswamy, has shared this conveniently cropped image of Tesla’s “robotaxis” being tested in Austin:

The image crops out the passenger seat of the car in front, which would show a Tesla employee, and the driver’s seat of the trailing car, which would show a driver, as spotted in Austin over the last week.

There’s also no way to know precisely at what rates these safety passengers and remote operators are intervening on the self-driving vehicles.

Tesla has never released any intervention or disengagement data about its self-driving and ADAS programs despite using “miles between disengagements” as a metric to track improvements and Musk claiming for years that self-driving is a “solved problem” for Tesla.

As we have previously reported, the best available data comes from a crowdsourced effort. Musk has previously shared and misrepresented the dataset in a positive light.

Currently, the data for the combined two most recent updates (v13.2.8-9) on Tesla’s latest hardware (HW4), which is reportedly the same hardware used in Tesla’s “robotaxis” in Austin, currently sits at 444 miles between critical disengagements:

That would imply a high risk of an accident every 444 miles without a driver paying attention and ready to take control at all times.

Tesla is also currently actively fighting in court against organizations trying to access its self-driving crash data.

There are currently efforts to raise concerns about Tesla’s “robotaxi” deployment in Austin.

The Dawn Project attempted to convey the potential danger of Tesla’s upcoming robotaxi fleet by demonstrating how Tesla vehicles fail to stop for school buses with their stop signs activated and can potentially run over children on the latest public Supervised Full Self-Driving (FSD) v13.2.9:

Musk has repeatedly highlighted that the vehicles used for the robotaxi service in Austin are the same that it currently delivers to customers, like this one used in this test.

However, they use a new, custom software optimized for Austin, with supposedly more parameters, allowing for greater performance. Still, there is no way to verify this, as Tesla has not released any data.

Electrek’s Take

I can’t lie. I’m getting extremely concerned about this. I don’t think that we can trust Musk or Tesla in their current state to launch this safely.

As I previously stated, I think Tesla’s FSD would be an incredible product if it were sold as a regular ADAS system, rather than something called “Full Self-Driving,” with the promise that it would eventually become unsupervised.

Tesla wouldn’t face a significant liability for not being able to fulfill its promises to customers, as it has already confirmed for HW3 owners. Additionally, safety would be improved, as drivers wouldn’t become so complacent with the technology.

Speaking of those failed promises, they are also what’s driving Tesla to push for this launch in Austin.

As Waymo’s former long-time CEO John Krafcik said about Tesla’s effort: There are many ways to fake a robotaxi service.

Musk badly needs a win with self-driving, and he saw an opportunity to get one by getting his gullible fanbase of Tesla shareholders excited about a glimpse at its long-promised future full of “Tesla robotaxis.”

As he previously stated, he knows full well that the way Tesla is doing this is not more scalable than Waymo even if the hardware cost per vehicle is lower. The hardware cost is negligible compared to teleoperation, development, insurance, and other expenses.

Even with all the smoke and mirrors involved with this project, it’s becoming clear that Tesla is not even ready for it.

Now, the question is whether Musk lets the June deadline slip and takes another ‘L’ on self-driving, or if he pushes for Tesla to launch the potentially dangerous service with lots of limitations.

With the federal government in complete shambles and the Texas government being too close to Musk and Tesla, I wouldn’t count on the regulators to act here. Although they probably should.

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