Lectric Ebikes has sent another salvo across the bow of the e-bike industry, this time further entrenching itself in the best-selling cargo e-bike role with major upgrades to the new XPedition 2.0 electric cargo bike.
The original Lectric XPedition was already a runaway success, ushering in unheard-of bang for your buck in the quickly growing cargo e-bike category.
But now the Phoenix-based electric bicycle brand is doubling down on value with a long list of upgrades in the second-generation model – all without an increase over the original version’s $1,399 price tag.
“The XPedition has been the best-selling and most successful cargo e-bike in the industry since its debut, and that’s due to its unmatched combination of performance and value,” said Lectric Ebikes CEO and Co-Founder Levi Conlow. “With the XPedition 2.0, we’re doubling down on that commitment. Even in a year when many e-bike prices have gone up, we’re delivering significant upgrades without increasing the price—something we believe will only amplify the continued success of this e-bike.”
With a stretched rear rack and a weight capacity of 450 lb in the redesigned frame, the XPedition 2.0 is built to carry just about any cargo that riders can imagine, from extra gear to extra passengers. In fact, a combination of cargo holders and passenger seats makes the XPedition 2.0 ideal for both tasks.
But the bigger story here is undoubtedly all of the new features added to the XPedition 2.0.
Those upgrades include a new torque sensor designed by Lectric Ebikes to provide better, more responsive pedal assist. But throttle lovers, don’t despair! Of course the existing throttle remains, allowing riders to choose between an effortless throttle ride or an engaging pedal assist ride – or both.
The 750W M24 hub motor in the rear offers a peak power rating of 1,310W, which means better acceleration and stronger hill climbing – even when the bike is loaded down with cargo or friends.
The kickstand is now wider for a more stable stance, while the tires have been slightly narrowed to 2.5 inches for a more nimble ride. To make up for the reduced air volume in the tires, the ride gets plusher with a new 50mm dual-spring suspension fork offering adjustable suspension. There’s also a suspension seat post, so it’s not only the rider’s hands getting the comfort treatment.
Speaking of hands, up on the handlebars is a new color display as well as updated bolt-on grips and controls for the new turn signals.
There are also three battery options available, allowing riders to decide just how much range they need. When fully kitted out, the largest battery option of 35Ah gives the bike 1.68 kWh of capacity and a range of up to 170 miles (273.6 km) per charge when using pedal assist. While throttle-riders will probably see a range of half that much, that’s still some of the longest range available in the cargo e-bike market. And those batteries are also UL-compliant, offering peace of mind for those who are rightfully concerned about safety.
To ensure that large battery capacity can still charge quickly, Lectric has a new compatible fast charger with 5-amp output to cut charging time by 60% compared to the base charger.
The base model of the Lectric Ebikes XPedition 2.0 starts at US $1,399 and includes the single 624 Wh battery. Upgrading to the dual battery model boosts the battery to 1,248 Wh and is priced at US $1,699. For the longest-range riding, the dual long-range battery model has that gigantic 1,680 Wh battery capacity and is priced at US $1,999.
The XPedition 2.0 comes in both Stratus White and Raindrop Blue colorway options, and features the same technical specs and components across all models, including those powerful hydraulic disc brakes, Shimano 8-speed transmissions, fender packages, and more.
Additional accessories are generally offered à la carte, but Lectric’s promotional offering during the pre-order period packages several hundred dollars of accessories with the bikes for free, including running boards, seat cushions, frame bags, and upgraded lighting.
Pre-orders placed soon are expected to ship in the first week of January.
Electrek’s Take
It’s really starting to feel like all the other e-bike companies are just fighting for second place, doesn’t it?
I’m not saying this is the best cargo e-bike out there. But it’s got to be the 100% best bang-for-your-buck cargo e-bike that’s ever hit the streets. It can’t hold a candle to the high-end $4k-$7k premium cargo e-bikes that I love to drool over, but this gets much of the same utility at a fraction of the price. And more importantly, it makes this type of riding obtainable by so many people who otherwise wouldn’t be able to afford a cargo e-bike to take their kids to school or leave their car in the garage for most of their grocery shopping trips.
I’ve been a Lectric Ebikes fan since 2019, when I tested one of the first ten e-bikes the company ever produced. It’s now been over half a million e-bikes later and the company is still offering the same great value as ever.
It’s days like these that remind me how true to the mission Lectric has stayed, offering incredible value and continuously pushing the limit on how much they can offer to riders on limited budgets.
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A fully electric Isuzu pickup truck? That’s right. The D-MAX EV is Isuzu’s first electric pickup, and it will be rolling in the next few months. After kicking off mass production, Isuzu said the new EV pickup will “match the performance of existing diesel models,” boasting high towing capacity and payload.
Isuzu’s first electric pickup is launching in 2025
Isuzu announced on Tuesday that the D-MAX EV has officially entered mass production. The company has started building left-hand drive models, which will be shipped to Europe in the third quarter of 2025.
By the end of the year, production of right-hand drive models will begin for the UK, with sales expected to start in 2026.
The electric pickup is nearly identical to Isuzu’s popular gas-powered D-MAX, but swaps the diesel powertrain for a pair of electric motors. The D-MAX EV features new e-Axles, one on the front and the other at the rear, for a full-time 4WD system.
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The dual-motor powertrain enables it to match the performance of existing diesel models, with a combined 188 hp (140 kW) and a maximum torque of 240 lb-ft (325 Nm).
It can also tow over 7,700 lbs (3,500 kg) with a maximum payload of over 2,200 lbs (1,010 kg). That’s about the same as the D-MAX diesel, which has a 3,500 kg towing capacity and a payload capacity of up to 1,200 kg.
Powered by a 66.9 kWh battery, Isuzu’s first electric pickup boasts a driving range of up to 263 km (162 miles) on the WLTP. In the city, it can have a driving range of up to 224 miles (361 km).
Isuzu D-Max EV specs
Drive System
Full-time 4×4
Battery Type
Lithium-ion
Battery Capacity
66.9 kWh
Max Output
130 kW (174 hp)
Max Torque
325 Nm
Max Speed
Over 130 km/h (+80 mph)
Max Payload
1,000 kg (+2,200 lbs)
Max Towing Capacity
3.5t (+7,700 lbs)
Isuzu D-Max EV electric pickup specs
Built for on and off-road performance, the rugged electric pickup features over 8″ (210 mm) of ground clearance with a wading depth of nearly 24″ (600 mm).
Although prices have not been announced, the D-MAX EV is expected to start slightly higher than the diesel model, which has a base price of around € 36,500 ($41,600).
Isuzu’s popular D-MAX is sold in over 100 countries, including Europe, Asia, the Middle East, and Central and South America. The electric version will arrive in Europe in the next few months, followed by the UK and other regions in 2026.
The electric D-MAX will compete with the Toyota Hilux, Ford Ranger, and other electric pickups, such as Geely’s Radar R6, BYD’s Shark, and Ford’s F-150 Lightning.
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For the first time in five years, a Tesla insider required to report Tesla stock transactions bought stocks rather than selling them.
But the transaction is so small that it makes the whole situation hilarious.
Insiders in public companies are top executives and board members who are required to report to the SEC any transaction related to the company’s stock.
For Tesla, it has become a running joke that insiders only sell, never buy the stock.
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This has been true without exception for years.
We don’t know as much about executives as Tesla has a very short top executive bench who are required to file transactions. However, when it comes to its board members, they have been selling at an impressive rate.
However, we now have confirmation that a Tesla board member is buying, rather than selling.
Joe Gebbia, the Airbnb co-founder who joined Tesla’s board in 2022, confirmed that he bought 4,000 shares in Tesla last week worth about $1 million:
Electrek’s Take
Gebbia is estimated to be worth over $7 billion. Therefore, his purchase of $1 million worth of Tesla stock would be equivalent to my buying a fractional share in Tesla.
Furthermore, the disclosure confirmed that despite being on the board for the last 3 years, Gebbia owned only 111 shares in Tesla before the transaction.
That’s quite the show of confidence in Tesla.
Thie whole situation with the board is disappointing. Tesla’s core business is melting. The company reported its worst quarter in years last week, and the stock surged 20%.
None of it makes any sense.
The board is sitting on its hands while the most powerful force accelerating the advent of electric transport is being destroyed in favor of nonsensical predictions about the potential of solving self-driving and humanoid robots.
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Venmo, long a centerpiece of PayPal‘s growth story but often criticized for its lack of monetization, is becoming a bigger contributor to the business.
PayPal said Tuesday in its first-quarter earnings release that revenue at Venmo increased 20% year-over-year in the first quarter, though the company didn’t provide a dollar figure. PayPal acquired Venmo in 2013 through the acquisition of parent company Braintree.
While it’s long been a popular consumer service for sending money to friends, Venmo’s ability to drive meaningful revenue has been a major question mark for investors, especially as competition from rivals like Zelle and Square Cash has intensified.
Venmo’s total payment volume rose 10% from a year earlier, but revenue grew twice as fast, reflecting the business opportunity. Venmo only gets revenue from specific products like Pay with Venmo at online checkout, Venmo debit cards, and instant transfers, but not from peer-to-peer payments.
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Ahead of the earnings report, Jefferies analysts noted that Venmo revenue growth appeared to be “accelerating sharply” and flagged its rising contribution to branded checkout as a key area to watch. Compass Point analysts similarly said that while competition from Zelle and Square Cash remains fierce, Venmo’s traction with debit cards and online checkout could “open up new monetization avenues” if adoption trends continue.
The company added nearly 2 million first-time PayPal and Venmo debit card users during the quarter, and total debit card payment volume across PayPal and Venmo climbed more than 60%. Meanwhile, Pay with Venmo transaction volume surged 50% year over year, and Venmo debit card monthly active users grew about 40%.
PayPal reported better-than-expected earnings for the quarter but missed on revenue. The company reaffirmed its full-year guidance, citing macroeconomic uncertainty.