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Electric scooter industry giant NIU is back with another pair of new electric standing scooters just in time for college students headed back to school. The NIU KQi 100P and KQi 100F are laser-focused on portability and affordability, dropping the power level to create compact and budget-priced commuting tools.

Just how low-cost are we talking here?

The NIU KQi 100P debuts with a US $349 MSRP, while the even more compact KQi 100F carries an MSRP of US $449.

To be frank, those are figures we normally see from bargain basement, fly-by-night companies – not industry leaders like NIU, which produces everything from electric bicycles to fully-fledged highway-legal electric motorcycles and e-dirt bikes.

Despite the unique monikers and prices, both of NIU’s new electric scooters feature largely similar specs.

They both offer front suspension forks, 48V 252 Wh battery packs, 600W peak-rated rear motors, speeds of up to 28 km/h (17.4 mph), and maximum ranges on a charge of 29 km (18 miles). The scooters ride on 9″x2.3″ pneumatic tires and are said to be capable of climbing inclines up to 15%.

The main difference appears to be the KQi 100F’s folding handlebars, as well as its availability at BestBuy, Amazon, and Target, compared to the KQi’s 100P marking the company’s debut at Kohl’s in addition to continuing NIU’s Walmart availability.

“By bringing these two new electric kick scooters to market and partnering with retail giants like Best Buy, Kohl’s and Walmart to ensure widespread availability, we are not only enhancing convenience for customers but also setting a new standard for the e-mobility industry,” explained Ben McGill, Head of North America of NIU. “The KQi 100 series performs better than many mid-tier scooters, while being hundreds of dollars less than others in the market. We are one of the only companies making a sub-$500 scooter with the capabilities that this product offers. For 10 years, NIU has led the world in lithium-ion battery EVs that remain an affordable option for urban mobility and the KQi 100-Series further demonstrates our commitment to innovative technology at competitive pricing.”

It’s fair to say that the scooters offer rather small batteries and somewhat lower top speeds than we often see in the North American electric scooter market, but these NIUs are also priced at a fraction of most scooters we’ve covered this year.

In exchange for a slightly shorter range and reduced top speed, riders get that ultra-affordability that is increasingly sought after, especially among younger riders heading off to college.

But just because NIU has targeted budget pricing doesn’t mean the company has skimped on the features. Both scooters use NIU’s smart app that includes connected features like anti-theft provided by a built-in GPS tracker. Riders can also use the app to adjust parameters like the maximum charge level (to extend the lifespan of the battery) as well as modify the regenerative braking strength).

The 17.5 kg (38.5 lb) scooters are rated for riders up to 120 kg (264 lb) and feature robust aluminum frames and IP55 water resistance. LED lighting is included in the front and rear, as well as with built-in turn signals.

Both scooters are available now, and we look forward to getting the chance to put some miles on them soon to report back on our own opinion of NIU’s latest electric ridables.

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Google to invest $25 billion in data centers and AI infrastructure across largest U.S. electric grid

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Google to invest  billion in data centers and AI infrastructure across largest U.S. electric grid

Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024.

Mike Segar | Reuters

Alphabet‘s Google will invest $25 billion in data center and artificial intelligence infrastructure over the next two years in states across the biggest electric grid in the U.S., the technology company said Tuesday.

Google will also spend $3 billion to modernize two hydropower plants in Pennsylvania to help meet the growing power demand from data centers and AI in the region, according to the company.

The refurbishment of the Pennsylvania plants is part of broader a framework agreement that Google signed with Brookfield Asset Management to purchase 3,000 megawatts of hydroelectric power across the U.S.

Google’s investments in the region comes as the PJM Interconnection is struggling to keep up with rising electricity demand from data centers and industry. PJM is the biggest electric grid in the nation, covering 13 states across the mid-Atlantic and parts of the Midwest and South. It includes the world’s largest data center market in northern Virginia.

President Donald Trump, White House Cabinet officials, tech and energy executives are meeting at Carnegie Mellon University in Pittsburgh on Tuesday to discuss AI investment in Pennsylvania.

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How one man with a hacksaw and an e-bike became a Texas flood ‘hero’

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How one man with a hacksaw and an e-bike became a Texas flood 'hero'

Locals call him the “Bicycle hero,” but Texas man Evan Wayne says he’s just doing what he can to help his community after it was cut off due to the recent devastating and deadly flooding tragedy.

When the local Sandy Creek flooded following torrential rains in Texas, it destroyed the only bridge into one community. Residents were cut off from access to supplies, including everything from necessities like food, water, and medicine to basic comforts.

Although the bridge was impassable to cars, volunteers who quickly organized to help the stranded residents found that the damaged bridge could still be traversed on foot. Or in the case of Evan Wayne, it could be covered by an electric bike.

Evan joined hundreds of volunteers who answered the call of grassroots organizers by working together without any official capacity. While many started by hand-pulling garden carts of supplies uphill to reach the stricken community, Evan jury-rigged a trailer to an e-bike and took on as much of the load as he could, helping shuttle much-needed food and gear into the community over hundreds of round-trip journeys.

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“This was a dog trailer 48 hours ago. I had a hacksaw, hacked the top off, grabbed some bungee cords, and here we are,” explained Evan in an interview with CBS Austin, while waiting for the next load of gear to be stacked on his trailer.

In the first two days of the operation, he made around 100 round trips each day, shuttling food and water as well as critical rescue supplies. “Right now, I’m waiting on a couple of chainsaws that I’ll bring in for a crew that’s been going at it with handsaws so far.”

In addition to delivering needed supplies, Evan has often found himself moving something even more important: information. “I’ve flagged down medics. I’ve been the guy that goes between Austin EMT and STAR Flight because I’m quicker than cell phones sometimes, people don’t have signal a lot of the time.”

Evan quickly points out that he isn’t the only one helping. “I’ve got an e-bike, but other people are pulling carts. People are walking, people are carrying things. Everyone is doing what they can.” But there’s no doubt that his ability to carry more gear at higher speeds and make hundreds of round-trip journeys so far in and out of the stricken neighborhood has helped impact countless lives.

“This is all volunteers here. They’re just taking it upon themselves to get people where they need to go. I think there’s an umbrella company coming in, taking over tomorrow, but until they get here, people are just taking care of people, which is what you’ve got to do.”

E-bikes proving their worth in emergencies

While many people consider electric bicycles just another form of recreation, they’ve proven to be potent transportation alternatives after natural disasters worldwide.

Not only do their small and efficient batteries make performing hundreds of rescue trips like Evans’ possible, but recharging can be done simply and easily with a solar panel when electricity is out after a disaster. And when gas stations are out of fuel (or simply can’t pump it with the power grid down), e-bikes can keep running while gasoline-powered motorcycles or ATVs run dry.

Electric bicycle batteries have also proven to be a handy source of emergency power after hurricanes and other disasters, often helping owners keep their phones charged up for days to remain in contact with family or rescue services.

While most hope to never need theirs for emergency purposes, electric bicycles have proven their worth in countless disaster scenarios, adding benefits far beyond just alternative transportation, recreation, or fitness riding.

E-bikes can be kept running nearly indefinitely after natural disasters with access to solar recharging equipment

Image credits: CBS Austin (screenshots), used under fair use

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Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

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Block leads rebound in fintech stocks as analysts downplay JPMorgan data fee risk

Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021.

Handout | Via Reuters

Block jumped more than 5% on Monday, leading a rally in shares of fintech companies as analysts downplayed the threat of JPMorgan Chase’s reported plan to charge data aggregators for access to customer financial information.

The recovery followed steep declines on Friday, after Bloomberg reported that JPMorgan had circulated pricing sheets outlining potential fees for aggregators like Plaid and Yodlee, which connect fintech platforms to users’ bank data.

In a note to clients on Monday, Evercore ISI analysts said the potential new expenses were “far from a ‘business model-breaking’ cost increase.”

In addition to Block’s rise, PayPal climbed 3.5% on Monday after sliding Friday. Robinhood and Shift4 recorded modest gains.

Broader market momentum helped fuel some of the rebound. The Nasdaq closed at a record, and crypto rallied, with bitcoin climbing past $123,000. Ether, solana, and other altcoins also gained.

JPMorgan announces plans to charge for access to customer bank data

Evercore ISI’s analysts said that even if JPMorgan’s changes were implemented, the most immediate effect would be a slight bump in the cost of one-time account setups — perhaps 50 to 60 cents.

Morgan Stanley echoed that view, writing that any impact would be “negligible,” especially for large fintechs that rely more on debit, credit, or stored balances than bank account pulls for transactions.

PayPal doesn’t anticipate much short-term impact, according to a person with knowledge of the issue. The person, who asked not to be named in order to speak about private financial matters, noted that PayPal relies on aggregators primarily for account verification and already has long-term pricing contracts in place.

While smaller fintechs that depend heavily on automated clearing house (ACH) rails or Open Banking frameworks for onboarding and compliance may face real pressure if the fees take effect, analysts said the larger platforms are largely insulated.

WATCH: Congress moves to redraw $3.7 trillion crypto market rules, opening door to Wall Street

Congress moves to redraw $3.7 trillion crypto market rules, opening door to Wall Street

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