Lotus has unveiled a new EV concept which it calls “Theory 1,” a lightweight(-ish) electric sportscar concept inspired by the Lotus Esprit with nearly 1,000hp and capable of speeds up to 200mph.
Here at Electrek, we see and report on a lotofwildEVconcepts. These concepts are often accompanied by long treatises on how the design incorporates various “core principles,” unnecessary branding of things that will never make it to production, and buzzwords aplenty.
In a way, the Theory 1 is no different. My eyes glazed over at the 2,000+ words in Lotus’ press release before reaching the table of technical specs.
And yet, there is still something here, because this is Lotus – a company with an incredibly significant motorsport heritage… and a significant electric car heritage too.
Lotus is the company that provided the lightweight “gliders” on which the original Tesla Roadster, the car that started the modern electric vehicle era, was built.
But you’ll notice – one of those things is not like the others. Despite being a company famous for its focus on small cars, owing to founder Colin Chapman’s theory to “simplify, then add lightness,” the Eletre and Emeya are both over 5,500lbs, more than twice the weight of the original Tesla Roadster.
And so, Lotus’ new Theory 1 – packed full of probably-unrealistic concept features, but also clearly going downmarket from the Evija’s eyewatering $2million pricetag – could signal somewhat of a return to form for the wayward small-car maker.
That’s because its curb weight is listed at a much more reasonable 1600kg, or 3,527lbs. This is still hefty compared to the absolute lightest vehicles on the road right now, but it’s on the lower end of most powerful sportscars available today (including lighter than the Evija), quite low compared to other EVs, and significantly less than some ridiculous gas-powered chonkers.
It’s also a lot more than the original Lotus Esprit which the Theory 1 takes inspiration from, which began at around 2,000lbs. But later versions of the same vehicle weighed as much as around 3,000lbs, not too far off from the Theory 1.
In that relatively small package, Lotus claims it has fit some great performance specs.
Its 986hp powertrain is capable of sprinting 0-100km/h (62mph) in less than 2.5 seconds, with a top speed of 320km/h (198mph).
Energy comes from a 70kWh battery with a 250 mile range. This is a little smaller than some of the larger batteries we’ve seen around (the Eletre has a 112kWh battery, for example), but that’s the benefit of having a light, low-slung vehicle.
But specs don’t tell everything about how a vehicle feels to drive. And Lotus is promising to bring exceptional driving dynamics to this vehicle, through methods like including the motor and battery as stressed members and mounting the rear wing directly to the suspension assembly.
It also wants to use steer-by-wire, a technology which has been thought about for a long time but only recently has made its way into production vehicles, like the Lexus RZ and Cybertruck.
But perhaps the most striking part of the driver experience on the Theory 1 is its 3-seat design, seating the driver in the center of the vehicle, similar to the famed McLaren F1.
The car’s light weight comes from extensive use of advanced materials like carbon fiber and titanium, which are sure to boost the price of this vehicle if they make it to production. In that previously-mentioned 2,000 words, there’s plenty of talk about 3D printing and recycled materials as well.
But Lotus says that it wants to reduce the amount of “A-surface materials” – those you can touch – down to 10 or fewer, compared to the 100-or-so in most cars.
“There’s been this period of maximalism, and people having to do one-upmanship and go above, above, above. And I think we’ve reached that point where it plateaus in stylistic terms, and also in the demonstration of tech. We’re not in a crazy numbers race with this car.”
So the original Lotus philosophy of “simplify, then add lightness” is certainly present in this concept, signaling a return to form for the brand after a few years of wandering in the desert.
So we might even see this Theory 1 show up on the road at some point. But, even if we don’t, at least it shows that Lotus is back to thinking about smaller cars (as they should have been all along…), and we’ll hopefully get a real EV sportscar out of them in a few years.
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Earlier this month, California enacted new regulations for electric bikes that resulted in stricter speed limits on e-bikes with throttles. At the time, it was unclear how electric bike makers would respond to the new regulations, but we’re now starting to see at least one manufacturer pushing to bring its existing e-bikes owned by California residents into compliance.
The new laws remove ambiguity in the Class 2/Class 3 e-bike categorization. Formerly, many e-bikes were designed to operate in either category depending on the owner’s desires. Such bikes could operate as Class 2 e-bikes reaching max speeds of 20 mph (32 km/h) with a throttle, or as Class 3 e-bikes reaching higher speeds of 28 mph (45 km/h) on pedal assist-only.
In fact, the overwhelming majority of Class 3 e-bikes sold in the US used this design, offering hybrid compliance for functionality as both Class 2 and Class 3 e-bikes.
After California’s new laws removed any ambiguity between the classes, it is now clear that e-bikes in the state will need to function either only as Class 2 e-bikes (throttle up to 20 mph) OR Class 3 e-bikes (up to 28 mph but without any throttle).
Globe Haul ST cargo e-bike
It was unclear whether existing e-bikes already sold prior to the law’s enactment would receive an exemption, but bicycle manufacturer Specialized doesn’t seem to be taking any chances.
Specialized is the maker of the Globe line of cargo e-bikes, and recently sent out an update to owners that would help them bring their e-bikes into compliance with California’s new stricter regulations.
Like so many other electric bikes on the market, the Globe e-bikes came with throttles allowing 20 mph speeds without pedaling, but could also reach up to 28 mph on pedal assist.
A new firmware update promoted by the company will essentially restrict its e-bikes to purely Class 2 operation, removing the motor’s ability to assist the bike in going any faster, even when pedaling without throttle operation.
The update will also come with a Class 2 compliance sticker that replaces the previous Class 3 sticker.
To install the voluntary update, Globe owners are encouraged to visit their local Specialized dealer.
A copy of the update letter was shared on Reddit and can be seen below.
Electrek’s Take
This is an interesting approach, because it indicates an understanding by Specialized that it is responsible for any of its e-bikes already on the road that have now been made non-compliant by the new law.
There are basically two main options to “fix” these previously hybrid Class 2/3 e-bikes and bring them into compliance. One is to unplug and remove the throttle, turning the bike into a true Class 3 e-bike under CA regulations. The other is to remove the ability for the motor to assist at speeds over 20 mph, turning it into a Class 2 e-bike. That latter is what Specialized appears to have decided to go with, and it makes sense to me. If you asked most owners of these e-bikes about which they’d give up if they had to, they’d probably tell you “take my 21-28 mph speed but leave me my throttle”. Throttles are simply such a major part of e-bikes in North America that most riders would give up the whole bike if they were forced to give up the throttle.
The bigger question here is how many Globe riders will actually install this update. Since you need to not only opt-in to it, but also physically visit a dealer to do it, I have to imagine that the vast majority of riders will simply ignore the update altogether, keeping their faster non-compliant speed on an e-bike with a throttle. I’m not saying that’s the right thing to do, but I am saying it’s what will happen in the real world.
And if we are being honest, these Globes aren’t even the e-bikes that are at the heart of the issue. Most CA residents are more concerned with teenagers ripping down sidewalks on moped-style e-bikes, not the local moms and dads riding to Trader Joe’s on their sensible, upscale cargo e-bikes that just happen to have hybrid Class 2/3 performance.
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Wind energy powered 20% of all electricity consumed in Europe (19% in the EU) in 2024, and the EU has set a goal to grow this share to 34% by 2030 and more than 50% by 2050.
To stay on track, the EU needs to install 30 GW of new wind farms annually, but it only managed 13 GW in 2024 – 11.4 GW onshore and 1.4 GW offshore. This is what’s holding the EU back from achieving its wind growth goals.
Three big problems holding Europe’s wind power back
Europe’s wind power growth is stalling for three key reasons:
Permitting delays. Many governments haven’t implemented the EU’s new permitting rules, making it harder for projects to move forward.
Grid connection bottlenecks. Over 500 GW(!) of potential wind capacity is stuck in grid connection queues.
Slow electrification. Europe’s economy isn’t electrifying fast enough to drive demand for more renewable energy.
Brussels-based trade association WindEurope CEO Giles Dickson summed it up: “The EU must urgently tackle all three problems. More wind means cheaper power, which means increased competitiveness.”
Permitting: Germany sets the standard
Permitting remains a massive roadblock, despite new EU rules aimed at streamlining the process. In fact, the situation worsened in 2024 in many countries. The bright spot? Germany. By embracing the EU’s permitting rules — with measures like binding deadlines and treating wind energy as a public interest priority — Germany approved a record 15 GW of new onshore wind in 2024. That’s seven times more than five years ago.
If other governments follow Germany’s lead, Europe could unlock the full potential of wind energy and bolster energy security.
Grid connections: a growing crisis
Access to the electricity grid is now the biggest obstacle to deploying wind energy. And it’s not just about long queues — Europe’s grid infrastructure isn’t expanding fast enough to keep up with demand. A glaring example is Germany’s 900-megawatt (MW) Borkum Riffgrund 3 offshore wind farm. The turbines are ready to go, but the grid connection won’t be in place until 2026.
This issue isn’t isolated. Governments need to accelerate grid expansion if they’re serious about meeting renewable energy targets.
Electrification: falling behind
Wind energy’s growth is also tied to how quickly Europe electrifies its economy. Right now, electricity accounts for just 23% of the EU’s total energy consumption. That needs to jump to 61% by 2050 to align with climate goals. However, electrification efforts in key sectors like transportation, heating, and industry are moving too slowly.
European Commission president Ursula von der Leyen has tasked Energy Commissioner Dan Jørgensen with crafting an Electrification Action Plan. That can’t come soon enough.
More wind farms awarded, but challenges persist
On a positive note, governments across Europe awarded a record 37 GW of new wind capacity (29 GW in the EU) in 2024. But without faster permitting, better grid connections, and increased electrification, these awards won’t translate into the clean energy-producing wind farms Europe desperately needs.
Investments and corporate interest
Investments in wind energy totaled €31 billion in 2024, financing 19 GW of new capacity. While onshore wind investments remained strong at €24 billion, offshore wind funding saw a dip. Final investment decisions for offshore projects remain challenging due to slow permitting and grid delays.
Corporate consumers continue to show strong interest in wind energy. Half of all electricity contracted under Power Purchase Agreements (PPAs) in 2024 was wind. Dedicated wind PPAs were 4 GW out of a total of 12 GW of renewable PPAs.
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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 official unveiling of the new Tesla Model Y, Mazda 6e, Aptera solar car production-intent, and more.
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