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Bosch-powered electric bikes rarely get to share the same sentence as the word “low cost,” but Gazelle has a history of bringing quality Dutch-made mid-drive e-bikes to US customers at reasonable prices. The brands’ latest launches in the US keep that legacy alive, delivering new 2024 versions of the Gazelle Medio T9, Medio T9 City, and Ultimate C8.

These aren’t the same Gazelles we’ve seen in the US for the last few years, but rather newly designed updates that feature novel frames, updated looks, and a focus on serving a wider range of riders.

One major difference in the frame is the inclusion of a true step-through design, which is becoming more common among e-bike makers with several recently released models of purely step-through bikes, eschewing the once common strategy of building both step-over and step-through frames.

Proper frame geometries and welding techniques, which you’d better believe a 130-year-old Dutch bicycle company has mastered, have largely made that top tube obsolete for many frame styles. Case in point: the new Gazelle Medio T9 and Medio T9 City models.

“A re-engineered frame with improved stiffness and stability makes it easier to step on and off, especially in urban environments or for older riders,” explained the company.

The new T9s are some of the most affordable Bosch-powered mid-drive e-bikes available in the US, starting at US $2,299 for the T9 City and US $2,599 for the all-road T9.

Both models sport similar step-thru frames that come in four sizes, including a new XS size to fit shorter riders of 4’9″ to 5’2″ (145 to 157 cm). Both models can also reach 20 mph (32 km/h) on pedal assist, making them Class 1 e-bikes. The pair of bikes include 75mm-travel spring suspension forks from Suntour, dual-piston hydraulic disc brakes from Shimano, and come with commuter-focused standard components such as fenders, rear rack, LED lighting, and frame locks that secure the rear wheel to the bike.

The T9, which is designed for more all-road conditions than the urban-centric T9 City, gets an upgraded Shimano Alivio 9-speed drivetrain and a more powerful Bosch Active Line Plus motor with 50 Nm of torque, compared to the Bosch Active Line’s 40 Nm of torque on the T9 City. The more powerful motor is paired with a larger 545 Wh battery, upping the 400 Wh battery that comes with the T9 City.

Compared to the previous models with rack batteries, the switch to an on-tube battery helps lower the center of gravity of the bikes.

For riders who want to go a bit more premium, the new Gazelle Ultimate C8 might be the better choice. The Ultimate C8 combines its step-thru frame with a Gates Carbon Drive belt-drive system and a Shimano Nexus 8 internally geared rear hub.

The bike features a mono-integrated suspension stem in the fork offering 40mm of travel, higher-end LED lighting, an MIK-compatible rear rack for mounting a wide range of accessories,

The drivetrain on the Class 1 Ultimate C8 consists of a Bosch Active Line Plus motor and a 500Wh Bosch battery.

Priced at US $3,999, the Ultimate C8’s higher end components and drivetrain price it a bit higher, yet without reaching the upper end of Gazelle’s more European-leaning flagship models with flagship prices.

“We’re thrilled to bring high-quality ebikes to the North American market at a price that makes them accessible to more riders,” said Mark Danhof, General Manager for Gazelle North America. “With our latest models, consumers don’t have to compromise on safety, reliability, or features. Our ebikes are designed to offer top-notch performance and convenience, ensuring every ride is enjoyable and worry-free.”

Electrek’s Take

Gazelle’s expansion into the US market and the updated designs that accompany it are great news for riders who want the more robust, premium European-style electric bikes common across the pond but don’t want to spend an entire paycheck or two to get there.

These updates help bring Gazelle’s best-selling e-bikes in the US to a more modern look (no one will miss the rack batteries!) while retaining what keeps them Dutch. Oh, and the new smaller frame size option is going to be quite welcome, as well. I visited Gazelle’s factory in Holland a couple of years ago and spent much of the time with a stiff neck from looking up at the friendly Gazelle staff towering above me. Let’s just say they’re built differently, and so a smaller frame size for shorter Americans couldn’t come soon enough.

While these aren’t going to be the flashiest models out there, they offer great production quality and the peace of mind that comes from having one of the oldest bicycle companies in existence standing behind these products.

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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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EV sales hit 9.1M globally in H1 2025, but the US just hit the brakes

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EV sales hit 9.1M globally in H1 2025, but the US just hit the brakes

The global EV market is still charging ahead. According to new numbers from global research firm Rho Motion, 9.1 million EVs were sold worldwide in the first half of 2025, up 28% compared to the same period last year. But not every region is accelerating at the same pace.

China and Europe are doing the heavy lifting

More than half of the world’s EVs this year have been bought in China. That market hit 5.5 million sales in the first six months of 2025 – a 32% jump year-over-year. Around half of new cars bought in China are now electric.

While some Chinese cities’ subsidies have dried up, Rho Motion expects momentum to pick back up later in the year as more funding is released.

In Europe, 2 million EVs were sold in the first half of the year, up 26%. Battery electric vehicle (BEV) sales also rose 26%, thanks in part to affordable models like the Renault 4 (pictured) and 5 entering the market. Plug-in hybrids (PHEVs) weren’t far behind, growing 27% year-to-date. Chinese automakers are leaning into PHEVs as a way to work around the EU’s new tariffs on BEVs.

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Spain is leading the pack with EV sales soaring 85% so far this year. Its generous MOVES III incentive program was extended in April and has kept sales strong. The UK and Germany are also seeing solid growth – 32% and 40%, respectively. France, however, is slumping. With subsidies cut, EV sales there have dropped 13%.

North America is stuck in the slow lane

Things aren’t looking quite as bright in North America. EV sales in the US, Canada, and Mexico are up just 3% so far this year.

Mexico is the one bright spot, with a 20% boost. The US is up 6%. But Canada is down a whopping 23%.

And things could get bumpier. On July 4, Trump signed Congress’s big bill into law, which axes all the Inflation Reduction Act EV tax credits. Those consumer credits for EVs now officially end on September 30.

Just over half of the EVs sold in the US this year qualified for those credits. Rho Motion predicts a rush in Q3 before the subsidies disappear – and a decline in sales after that.

Rho Motion data manager Charles Lester said, “With Trump’s latest cuts in his ‘Big Beautiful Bill,’ the US could struggle to see any growth in the EV market overall in 2025.”

Global EV sales snapshot, H1 2025 vs H1 2024

  • Global: 9.1 million (+28%)
  • China: 5.5 million (+32%)
  • Europe: 2.0 million (+26%)
  • North America: 0.9 million (+3%)
  • Rest of world: 0.7 million (+40%)

Read more: China breaks records as global EV sales hit 7.2 million in 2025


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The Lucid Air is crushing the competition as the best-selling luxury EV sedan in the US

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The Lucid Air is crushing the competition as the best-selling luxury EV sedan in the US

Lucid’s electric sedan can drive further, charge faster, and packs more advanced tech than most of the competition. That might explain why it’s leading the segment. The Lucid Air remained the best-selling luxury EV sedan in the US after widening its lead in the Q2.

The Lucid Air is America’s best-selling luxury EV sedan

The 2025 Lucid Air Pure arrived as the “World’s most efficient car” with an EPA-estimated range of 420 miles and a record 146 MPGe.

It just set a new Guinness World Record last week for the longest journey by an electric car after travelling 749 miles (1,205 km) on a single charge.

That record was set in the range-topping Lucid Air Grand Touring model, which is rated for up to 512 miles of EPA-estimated range. On the WLTP scale, it’s rated at 597 miles (960 km). Either way, it still crushed the estimates.

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According to second-quarter sales data, released by Kelley Blue Book on Monday, the Lucid Air is still America’s best-selling luxury EV.

Lucid sold 2,630 Air models in Q2, up 10% from the previous year. Through the first half of 2025, Lucid Air sales are up 17% with 5,094 units sold.

Lucid-Air-best-selling-luxury-EV-sedan
Lucid Air (Source: Lucid)

Tesla, on the other hand, only sold 1,435 Model Ss during the quarter, 71% fewer than it did in Q2 2024. Tesla Model S sales in the US are down 70% through the first half of the year at 2,715.

Although Porsche Taycan sales were up 32% with 1,064 models sold, the significantly upgraded 2025 model year was expected to see even more demand. Porsche has 2,083 Taycans in the US this year, up just 1% from 2024.

Lucid-best-selling-luxury-EV-sedan
Lucid Air Pure interior (Source: Lucid)

Other luxury EV sedans, such as the BMW i5 (1,434), i7 (820), and the Mercedes EQS (498), experienced steep double-digit sales declines year-over-year.

And it’s not just electric luxury sedans. The Lucid Air is currently outselling many gas-powered vehicles in its segment.

Lucid-Air-best-selling-luxury-EV-sedan
Lucid Air (left) and Gravity (right) Source: Lucid

Lucid’s first electric SUV, the Gravity, is also rolling out. Although only five were sold in the second quarter, Lucid is quickly scaling production. Lucid aims to produce 20,000 vehicles this year, more than double the roughly 9,000 it built in 2024.

Earlier today, Lucid’s interim CEO, Marc Winterhoff, confirmed during an interview with Bloomberg that the company expects higher Gravity output in the second half of the year.

The interview was at the grand opening of Panasonic’s new battery cell plant in De Soto, Kansas. Winterhoff said Lucid will start using new cells from the facility, but not until next year.

Lucid’s CEO stressed the importance of establishing a local supply chain, as policy changes under the Trump Administration are taking effect. Lucid and Panasonic are collaborating to localize EV materials, such as graphite. Last month, Lucid secured a multi-year supply agreement with Graphite One for US-sourced Graphite.

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