Connect with us

Published

on

Lectric Ebikes has long set the standard for other companies to follow in the budget electric bicycle space, continuously rolling out new models that offer never-before-seen value. A new cargo e-bike with more features? They did it. A new off-roader with better components? They did that, too. But what about the company’s best-selling model, the Lectric XP 3.0 folding fat tire e-bike? It’s due for an update, and here’s what you can expect.

Believe it or not, it’s been over two years since the Lectric XP 3.0 was launched in early November 2022. That model has since dominated the industry, giving riders with an under $1,000 budget better bang-for-their-buck than ever before as it rose to the top of the US bestselling e-bikes list.

With 28 mph (45 km/h) speeds, hydraulic disc brakes, suspension, built-in rear rack, heavy-duty cargo/passenger capabilities, and multiple battery sizes, it’s become the go-to $999 electric bike for thousands of new riders every month. It’s even a personal favorite of mine. I’ve put my family members on XP 3.0s, I’ve bought multiple XP 3.0s to donate to the underprivileged, and it’s the model I chose when I went undercover as a food delivery worker to see the world through e-bike couriers’ eyes.

But nothing lasts forever, and two years is a long time in the electric bicycle industry. We don’t yet know quite when a Lectric XP 4.0 will come to replace the US’ current best-selling electric bike model, but you’d better believe that Lectric’s designers in Phoenix have been whiteboarding ideas for a while now. And I’d bet dollars to donuts that these are some of those ideas.

Upgrades in component quality

With every new launch this year, we’ve watched Lectric eBikes flex its purchasing power by bringing us higher quality components than we deserve at these price levels. The XPeak routinely gets oddly high-tier forks. The Lectric One received a transmission that probably costs as much as the whole bike if you were to try to buy it retail. And the Lectric XP Lite 2.0 offers a Gates belt drive for under $900. This is all absurd, or at least it used to be until Lectric started waving its wallet around at the offices of higher-end component makers that aren’t used to seeing customers in this affordable price range.

That means the Lectric XP 4.0 is likely to benefit from that same purchasing power. I can foresee major upgrades including a higher-end suspension fork, better hydraulic disc brakes, and likely even a torque sensor for improved pedal assist. I don’t imagine the derailleur will make a huge jump in quality (maybe just an 8-speed Shimano Tourney?), but a color screen is likely in the cards, as are nicer bolt-on grips and other comfort enhancements. We may even see better suspension seat posts and nicer tires.

But for the love of all things holy in this world, if those do-gooders on Utopia Rd even think about touching that right side half-twist throttle, then by the beard of Zeus we’re going to have words…

Touch my half-twist and I’ll come for you…

More power?

There’s a real chance that the XP 4.0 could be more powerful, especially since Lectric has become quite fond of its M24 electric motor, which has graced models like the XPeak 2.0 and XPedition 2.0. That 750W motor puts out just over 1,300W of actual electrical power, due in no small part to Lectric’s assistance on using higher current electronic speed controllers than most of its competitors.

In fact, the Lectric XP 3.0 is probably the most powerful “500W” e-bike around right now, but that doesn’t mean it will always remain in the five hundred club.

A power increase isn’t a given, and Lectric may still reserve that higher-power motor for its more premium models. After all, they can’t just give us all the good stuff at such a low price. Or can they?

No price change

Speaking of price change, I find it incredibly hard to believe that the XP 4.0 would launch at anything other than US $999. Lectric has only ever changed the price of this model once, increasing it from the original $899 of the XP 1.0 to the $999 of the XP 2.0. Ever since, they’ve steered clear of price increases on the XP line.

Lectric’s Co-founder and CEO Levi Conlow recently explained at the Micromobility America 2024 conference that whenever the company’s increasing efficiency causes the margins to creep “too high” (a foreign concept to most brands), they either lower the price or release a new version of the bike with more features. And so that’s likely exactly what the 4.0 will prove to be – another $999 e-bike, but this time with even more features.

Design and build

I don’t expect we’ll see any huge design changes to the structure of the bike. Sure, there will be a new frame. But I expect the company to retain the same boxy tube structure they’ve used ever since the brand’s first XP bike rolled out in late 2019. They even use it on their XPedition cargo bike despite there being no real reason for it (the batteries aren’t housed inside the frame) other than design continuity with the Lite, XP, and XP Trike lines.

What we are likely to see in the design department are minor updates for improved strength and ruggedness. Lectric has been investing more heavily in third-party certifications, including both structural frame testing and electronic certifications like UL compliance. That’s likely to continue with the XP 4.0, meaning we could see improved certification indicating even more confidence in the bike’s ability to haul cargo and passengers.

The color scheme is unlikely to change heavily. Black and white have been the XP’s MO for years now, and even that’s an improvement from when they were only available in white. We’ve of course seen splashes of Lectric’s blue accent color on most of the brand’s models, and the XP 4.0 is unlikely to be different in that regard. But expect it to be more along the lines of the new XPedition 2.0’s color swatch design, not a radical color departure.

lectric xp change battery

Fancy features?

This one is a bit of a wild card, and I don’t expect Lectric to go overly nuts with fancy features. I don’t think we’re going to be getting any crazy phone apps or wireless charging through the kickstand anytime soon. But we just might see the inclusion of value-added features like tracking for anti-theft.

This could be done fairly easily through the use of existing technology like the Apple FindMy network – something that Lectric’s competitor Velotric has leveraged beautifully. Such a feature would likely add little cost but could be of major value. In fact, I recently tried to plant that exact bug in Lectric Co-founder Robby Deziel’s ear. Robby has been wrist-deep in the design of these e-bikes since as early as 2019, when he personally helped me with the wiring on one of the first Lectric XPs ever. So let’s see if he listens on the integrated tracker idea.

Do it. It’s not like you guys haven’t looked left and right for ideas before

When is the Lectric XP 4.0 coming?

I pride myself in having a bit of a crystal ball for the electric bike industry, but even I have no idea when Lectric is planning on releasing the XP 4.0. From everything I can gather, it’s not imminent.

I may have teased you with all the cool things Lectric could do on XP 4.0, but I don’t think we’ll be seeing any of those updates anytime soon.

Suffice it to say that if you’ve been wanting to join in on the XP fun and somehow you’re one of the few Americans who doesn’t yet have an XP 3.0, that’s still a killer e-bike for an amazing $999 price. One day the XP 4.0 will likely make us all “ooh” and “ahh” again, but it doesn’t appear to be in the cards yet.

micah toll lectric xp 3.0
I’m ride or die with my XP 3.0, at least until there’s a 4.0!

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Why electricity prices are surging for U.S. households

Published

on

By

Why electricity prices are surging for U.S. households

Kilito Chan | Moment | Getty Images

Electricity prices are rising quickly for U.S. households, even as overall inflation has cooled.

Electricity prices rose 4.5% in the past year, according to the consumer price index for May 2025 — nearly double the inflation rate for all goods and services.

The U.S. Energy Information Administration estimated in May that retail electricity prices would outpace inflation through 2026. Prices have already risen faster than the broad inflation rate since 2022, it said.

“It’s a pretty simple story: It’s a story of supply and demand,” said David Hill, executive vice president of energy at the Bipartisan Policy Center and former general counsel at the U.S. Energy Department.

There are many contributing factors, economists and energy experts said.

At a high level, the growth in electricity demand and deactivation of power-generating facilities are outstripping the pace at which new electricity generation is being added to the electric grid, Hill said.

Prices are regional

U.S. consumers spent an average of about $1,760 on electricity in 2023, according to the EIA, which cited federal data from the Bureau of Labor Statistics.

Of course, cost can vary widely based on where consumers live and their electricity consumption. The average U.S. household paid about 17 cents per kilowatt-hour of electricity in March 2025 — but ranged from a low of about 11 cents per kWh in North Dakota to about 41 cents per kWh in Hawaii, according to EIA data.

Households in certain geographies will see their electric bills rise faster than those in others, experts said.

Residential electricity prices in the Pacific, Middle Atlantic and New England regions — areas where consumers already pay much more per kilowatt-hour for electricity — could increase more than the national average, according to the EIA.

Electricity demand is absolutely growing, says Siemens Energy CEO

“Electricity prices are regionally determined, not globally determined like oil prices,” said Joe Seydl, a senior markets economist at J.P. Morgan Private Bank.

The EIA expects average retail electricity prices to increase 13% from 2022 through 2025.

That means the average household’s annual electricity bill could rise about $219 in 2025 relative to 2022, to about $1,902 from $1,683, according to a CNBC analysis of federal data. That assumes their usage is unchanged.

But prices for Pacific area households will rise 26% over that period, to more than 21 cents per kilowatt-hour, EIA estimates. Meanwhile, households in the West North Central region will see prices increase 8% in that period, to almost 11 cents per kWh.

However, certain electricity trends are happening nationwide, not just regionally, experts said.

Data centers are ‘energy hungry’

The QTS data center complex under development in Fayetteville, Georgia, on Oct. 17, 2024.

Elijah Nouvelage | Bloomberg | Getty Images

Electricity demand growth was “minimal” in recent decades due to increases in energy efficiency, according to Jennifer Curran, senior vice president of planning and operations at Midcontinent Independent System Operator, who testified at a House energy hearing in March. (MISO, a regional electric-grid operator, serves 45 million people across 15 states.)

Meanwhile, U.S. “electrification” swelled via use of electronic devices, smart-home products and electric vehicles, Curran said.

Now, demand is poised to surge in coming years, and data centers are a major contributor, experts said.

Data centers are vast warehouses of computer servers and other IT equipment that power cloud computing, artificial intelligence and other tech applications.

More from Personal Finance:
How to protect financial assets amid immigration raids, deportation worries
GOP education plan may trigger ‘avalanche of student loan defaults’
This credit card behavior is an under-the-radar risk

Data center electricity use tripled to 176 Terawatt-hours in the decade through 2023, according to the U.S. Energy Department. Use is projected to double or triple by 2028, the agency said.

Data centers are expected to consume up to 12% of total U.S. electricity by 2028, up from 4.4% in 2023, the Energy Department said.

They’re “energy hungry,” Curran said. Demand growth has been “unexpected” and largely due to support for artificial intelligence, she said.

The U.S. economy is set to consume more electricity in 2030 for processing data than for manufacturing all energy-intensive goods combined, including aluminum, steel, cement and chemicals, according to the International Energy Agency.

Why the U.S. has a hard time building nuclear reactors

Continued electrification among businesses and households is expected to raise electricity demand, too, experts said.  

The U.S. has moved away from fossil fuels like coal, oil and natural gas to reduce planet-warming greenhouse-gas emissions.

For example, more households may use electric vehicles rather than gasoline-powered cars or electric heat pumps versus a gas furnace — which are more efficient technologies but raise overall demand on the electric grid, experts said.

Population growth and cryptocurrency mining, another power-intensive activity, are also contributors, said BPC’s Hill.

‘All about infrastructure’

Thianchai Sitthikongsak | Moment | Getty Images

As electricity demand is rising, the U.S. is also having problems relative to transmission and distribution of power, said Seydl of J.P. Morgan.

Rising electricity prices are “all about infrastructure at this point,” he said. “The grid is aged.”

For example, transmission line growth is “stuck in a rut” and “way below” Energy Department targets for 2030 and 2035, Michael Cembalest, chairman of market and investment Strategy for J.P. Morgan Asset & Wealth Management, wrote in a March energy report.

Shortages of transformer equipment — which step voltages up and down across the U.S. grid — pose another obstacle, Cembalest wrote. Delivery times are about two to three years, up from about four to six weeks in 2019, he wrote.

“Half of all US transformers are near the end of their useful lives and will need replacing, along with replacements in areas affected by hurricanes, floods and wildfires,” Cembalest wrote.

Transformers and other transmission equipment have experienced the second highest inflation rate among all wholesale goods in the US since 2018, he wrote.

Meanwhile, certain facilities like old fossil-fuel powered plants have been decommissioned and new energy capacity to replace it has been relatively slow to come online, said BPC’s Hill. There has also been inflation in prices for equipment and labor, so it costs more to build facilities, he said.

Continue Reading

Environment

The ticket bot cometh: city is recording drivers that AI says are bad

Published

on

By

The ticket bot cometh: city is recording drivers that AI says are bad

In a high-tech move that we can all get behind and isn’t dystopian at all, the City of Barcelona is feeding camera data from its city buses into an advanced AI, but they swear they’re not using the footage to to issue tickets to bad drivers. Yet.

Barcelona and its Ring Roads Low Emission Zone have earned lots of fans by limiting ICE traffic in the city’s core. The city’s latest idea to promote mass transit is the deployment of an artificial intelligence system developed by Hayden AI for automatic enforcement of reserved lanes and stops to improve bus circulation – but while it seems to be working as intended, it’s raising entirely different questions.

“Bus lanes are designed to help deliver reliable, fast, and convenient public transport service. But private vehicles illegally using bus lanes make this impossible,” explains Laia Bonet, First Deputy Mayor, Area for Urban Planning, Ecological Transition, Urban Services and Housing at the Ajuntament de Barcelona. “We are excited to partner with Hayden AI to learn where these problems occur and how they are impacting our public transport service.”

Currently operating as a pilot program on the city’s H12 and D20 bus lines, the system uses cameras installed on the city’s electric buses to detect vehicles that commit static violations in the bus lanes and stops (read: stopping or parking where you shouldn’t). The Hayden AI system then analyses that data and provides statistical information on what it captures while the bus is driving along on its daily route.

Advertisement – scroll for more content

Hayden AI says that, while it photographs and records video sequences and collects contextual information of the violation, its cameras do not record license plates or people and no penalties are being issued to drivers or owners of the vehicles.

So far so good, right? But it’s what happens once the six mont pilot is over that seems like it should be setting off alarm bells.

Big Brother Bus is watching


“You are being recorded” sign in a bus; via Barcelona City Council.

The footage is manually reviewed by a Transports Metropolitans de Barcelona (TMB) officer, who reportedly reviewed some 2,500 violations identified by AI in May alone. But, while the system isn’t being used to issue violations during the pilot program, it easily could.

And, in fact, it already has … and the AI f@#ked up royally.

AI writes thousands of bad tickets


NYC issued hundreds of thousands of tickets; via NBC.

When AI was given the ability to issue citations in New York City earlier this year, it wrote more than 290,000 tickets (that’s right: two-hundred and ninety thousand) in just three months, generating nearly $21 million in revenue for the city. The was just one problem: thousands of those drivers weren’t doing anything wrong.

What’s more, the photos generated by the AI powered cameras were supposed to be approved only after being verified by a human, but either that didn’t happen, or it did happen and the human operator in question wasn’t paying attention, or (maybe the worst possibility) the violations were mistakes or hallucinations, and the human checker couldn’t tell the difference.

In OpenAI’s tests of its newest o3 and o4-mini reasoning models, the company found the o3 model hallucinated 33% of the time during its PersonQA tests, in which the bot is asked questions about public figures. When asked short fact-based questions in the company’s SimpleQA tests, OpenAI said o3 hallucinated 51% of the time. The o4-mini model fared even worse: It hallucinated 41% of the time during the PersonQA test and 79% of the time in the SimpleQA test, though OpenAI said its worse performance was expected as it is a smaller model designed to be faster. OpenAI’s latest update to ChatGPT, GPT-4.5, hallucinates less than its o3 and o4-mini models. The company said when GPT-4.5 was released in February the model has a hallucination rate of 37.1% for its SimpleQA test.

FORBES

I don’t know about you guys, but if we had a local traffic cop that got it wrong 33% of the time (at best), I’d be surprised if they kept their job for very long. But AI? AI has a multibillion dollar hype train and armies of undereducated believers talking about singularities and building themselves blonde robots with boobs. And once the AI starts issuing tickets to the AI that’s driving your robotaxi, it can just call its buddy AI the bank to send over your money. No human necessary, at any point, and the economy keeps on humming.

But, like – I’m sure that’s fine. Embrace the future and all that … right?

SOURCES: Hayden AI, via Forbes, Motorpasión.


Your personalized home solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. The best part? You won’t get a single phone call until after you’ve elected to move forward. Get started, hassle-free, by clicking here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Batteries are so cheap now, solar power doesn’t sleep

Published

on

By

Batteries are so cheap now, solar power doesn’t sleep

A new report from global energy think tank Ember says batteries have officially hit the price point that lets solar power deliver affordable electricity almost every hour of the year in the sunniest parts of the world.

The study looked at hourly solar data from 12 cities and found that in sun-soaked places like Las Vegas, you could pair 6 gigawatts (GW) of solar panels with 17 gigawatt-hours (GWh) of batteries and get a steady 1 GW of power nearly 24/7. The cost? Just $104 per megawatt-hour (MWh) based on average global prices for solar and batteries in 2024. That’s a 22% drop in a year and cheaper than new coal ($118/MWh) and nuclear ($182/MWh) in many regions.

Ember calls it “24/365 solar generation,” and it’s not just a theoretical model. Cities like Muscat, Oman, and Las Vegas can hit that steady power mark for up to 99% of the hours in a year. Hyderabad, Madrid, and Buenos Aires can reach 80–95% of the way there using that same solar-plus-storage setup with some cloud cover. And even cloudier cities like Birmingham in the UK can cover about 62% of hours annually.

“This is a turning point in the clean energy transition,” said Kostantsa Rangelova, global electricity analyst at Ember. “Around-the-clock solar is no longer a distant dream; it’s an economic reality of the world. It unlocks game-changing opportunities for energy-hungry industries like data centres and manufacturing.”

Advertisement – scroll for more content

This is an enormous opportunity for sunny regions in Africa and Latin America. Manufacturers and data centers could also tap into solar-plus-storage and skip long waits (and big bills) for new grid connections.

It’s not a silver bullet for grid-wide reliability, but it lets solar carry much more of the load, especially where sunshine is abundant. Batteries also help avoid costly grid expansions by allowing up to five times more solar to plug into existing connections.

In 2024 alone, global battery prices dropped 40%, which helped drive down solar-plus-storage costs by 22%. Record-low tenders from countries like Saudi Arabia point to even cheaper options coming soon.

Real-world projects are already online: The UAE built the world’s first gigawatt-scale 24-hour solar facility. Arizona is already home to solar-powered data centers. And as battery tech keeps improving, round-the-clock solar could become the backbone of clean energy systems in the world’s sunniest places.

Read more: This solar canopy cools wastewater and powers a city utility


To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending