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Today I bought an electric bike that I don’t need and that I will never ride. But this isn’t about me. It’s about the company that makes the bike. More specifically, it’s about how today, on Giving Tuesday, the e-bike company Lectric eBikes is setting an example not just for the entire e-bike industry, but for modern capitalism as a whole with a philanthropic program that speaks to the core of the company’s values.

Lectric eBikes has a well-documented history of philanthropy as a key aspect of the company’s business model. After soaring to success with a growing line of affordable and popular electric bicycle models, the e-bike brand has dedicated a significant chunk of its yearly profits to charitable causes, giving away millions of dollars in donations and millions more in free e-bikes to worthy causes.

Last year alone, Lectric Ebikes donated over US $2.5 million to support a variety of charities.

Each holiday season, the company explores a new form of charitable contributions on Giving Tuesday, a global generosity movement held annually on the Tuesday after Thanksgiving, encouraging people to give back through donations, volunteering, and acts of kindness.

For example, in past years the company has allocated thousands of dollars for each of its employees to donate to worthy causes of their choice. In a new twist on that model, this year Lectric eBikes has partnered with its community of test riders and content creators to help expand the giving message further. The e-bike brand is committing $250,000 and partnering with content creators across the country to support charities close to their hearts with donations of $5,000 or a collection of five e-bikes.

As Lectric eBikes co-founder and CEO Levi Conlow says of the brand’s partners and riders everywhere, “What’s important to you is important to us. The experts and enthusiasts who we work with celebrate the benefits and joys of electric transportation through their fun and informative video channels every day. We’re excited to see these efforts help people in communities across those fan bases while raising awareness for many important causes.”

lectric xpedition 2.0

In addition to the charities selected by its content partners, the Phoenix-based e-bike maker is pledging $250 from each e-bike sold on Giving Tuesday to one of its preferred organizations, Arizonans for Children. This charity creates opportunities to address challenges and improve the vulnerable lives of abused, abandoned, and neglected children in foster care, working to guide each child toward a brighter future.

And that’s where I come in. Well, I should back up and say that first of all, I’m also proud to have been requested to take part in Lectric’s content partner campaign, having selected a charity that helps rehabilitate survivors of terror attacks after seeing that trauma firsthand. But beyond merely throwing around Lectric’s money, I think it’s important to also put my own skin in the game. So in support of Lectric’s generous pledge of $250 donated to charity for every e-bike sold today, I’m buying an e-bike.

It won’t be for me, but rather, I’ll donate it as part of my own charitable program I started called Ebikes For Good. For around 18 months now, I’ve run the program on my personal YouTube channel, giving away one free e-bike at the end of each of my videos to someone in need of a form of independent transportation but who can’t afford an e-bike themself.

Lectric eBikes’ own generosity has inspired me to use the resources and platforms available to me to encourage others to do good in their own way. And I believe in leading by example. I’ve been fortunate enough in the past to partner with awesome companies like Lectric to give out e-bikes to those in need, but have also bought several e-bikes myself in cases where I see someone who I know an e-bike can make a drastic change in their life. For many people, an electric bike can give them the independence to reach the grocery store, arrive at medical appointments, begin a journey back into good health, or just sometimes go for a refreshing bike ride for their own mental health.

There are a lot of people hurting out there, and so the following message is only meant for those who are fortunate enough to be in a position where they can afford something like this. If you’ve been on the fence about getting a new e-bike (and haven’t yet taken advantage of huge sales this season), then today would be a great day to get an electric bike and have $250 of that purchase go to charity at the same time.

I don’t take for granted my position as a trusted voice in the e-bike industry. I’ve long covered, reviewed, and promoted e-bikes that I feel are good buys based on their performance and value (and slammed a few along the way where it was deserved). While I’ll never tell you that Lectric eBikes is the best e-bike brand in the absolute sense, I’ve long described them as likely the best value anywhere in the US e-bike market. A $4,000 e-bike is great, but a $999 e-bike that can do 80% of the same job is often a better value proposition for many people on tighter budgets.

The quality and performance for the price point here is simply unmatched. So if I can support a company I believe in, and also have that support help others in need, then that’s the epitome of a win-win in my book.

So, in summary, that’s why I just bought an electric bike that I don’t need and will never use. And I wouldn’t have it any other way.

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This 350 hp, 425 mile Stellantis EV really SHOULD be the new Chrysler 300

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This 350 hp, 425 mile Stellantis EV really SHOULD be the new Chrysler 300

After canceling the upcoming Airflow electric crossover and killing its popular 300 sedan, Chrysler only has one nameplate left in its lineup – but it doesn’t have to be this way. Stellantis already builds a full-size electric sedan that could prove to be a badge-engineered winner.

And, yes – it really should have been the new Chrysler 300. Meet the DS No. 8.

Stellantis’ US brands have had a tough go of the last few years, with Jeep trying and failing to bait luxury buyers willing to part with six-figure sums for a new Grand Wagoneer or generate excitement for the new electric Wagoneer S. The Dodge brand is doing to better with the Charger, a confusing electric muscle car that has, so far, failed to appeal to enthusiasts of any kind. Meanwhile, the lone Chrysler left standing, the Pacifica minivan, made its debut back in 2016. Nearly ten long model years ago.

All the while, Stellantis’ European brands have been forging ahead with desireable EVs – most recently launching the new DS No. 8 high-riding sedan, shown here, back in December … and I’m here to tell you that it really SHOULD have been the new Chrysler 300.

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This, but with rich Corinthian leather


With a different grille, a Chrysler badge on the steering wheel, and a few different plastichrome numbers on the back, the DS Automobiles No. 8 could easily be a new-age Chrysler 300. Heck, even the interior’s avant-garde styling and architecturally-inspired stitching could tie-in to the Art Deco-style Chrysler Building in New York, further strengthening the big No. 8’s Chrysler-brand credibility.

Spec-wise, the DS meets the bill, as well. With a 92.7 kWh battery and the standard 230 hp electric motors on board, the electric crossover is good for 750 km (466 miles) of range on the WLTP cycle. With the same battery and a 350 hp dual-motor setup that sacrifices about 40 miles of range for a more sure-footed AWD layout and a 5.4 second 0-60 time that compares nicely to the outgoing Chrysler 300 V8.

The DS offers reasonably rapid 150 kW charging, too, enabling a 10-80% charge (over 300 miles of additional driving range) in less than thirty minutes.

Why it would work


DS Automobiles No. 8; via Stellantis.

Think of all the reasons the Wagoneer S and Charger Daytona EVs have failed to reach an audience. From the confusing Wagoneer “sub-branding” to the fact that no one was really asking for either an eco-conscious muscle car or a loud EV. On the flip side of that, the 300 is something different.

Since its first iteration seventy years ago, the Chrysler 300 (called the “C-300” back in 1955) has been a forward-looking vehicle. Even the most recent versions, developed off the Mercedes-Benz W210 platform Chrysler inherited while it was part of the “merger of equals” with Mercedes-Benz, looked forward from the malaise-era K-car brand to a bright, Mercedes-infused future.

With the DS No. 8, Chrysler could do it again. It could revive its classic American nameplate on a European-designed platform that wasn’t designed to be a Chrysler, doesn’t look like a Chrysler, and shouldn’t work as a Chrysler, but somehow does. The fact that it could also be the brand’s first successful electric offering in the US would just be a bonus.

Original content from Electrek.


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Autonomous electric haul truck fleet set to revolutionize mineral mining in China

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Autonomous electric haul truck fleet set to revolutionize mineral mining in China

Powered by tech giant Huawei 5G-Advanced network, a fleet of over 100 Huaneng Ruichi all-electric autonomous haul trucks and heavy equipment assets have been deployed at the Yimin open-pit mine in Inner Mongolia.

With more than 100 units on site, China’s state-backed Huaneng Group officially deployed the world’s largest fleet of unmanned electric mining trucks at the Yimin coal plant in Inner Mongolia this past week. The autonomous trucks use the same Huawei Commercial Vehicle Autonomous Driving Cloud Service (CVADCS) powered by the ame 5G-Advanced (5G-A) network that powers its self-driving car efforts. Huawei says it’s the key to enabling the Yimin mine’s large-scale vehicle-cloud-network synergy.

Huawei is calling the achievement a “world’s first,” saying the new system has improved operator safety at Yimin while setting new benchmarks for AI and autonomous mining.

The autonomous mine project aligns with a broader push by Chinese government and industry to integrate AI and advanced connectivity into traditional industries – an approach we’ve already seen meet with great success in port environments by Hesai and Westwell.

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And, if technology like Rocsys’ charging robots take off, these autonomous haul trucks won’t even need anyone to plug them in at the end of their shifts!

For their part, Huaneng Ruichi claims its cabin-less electric offer an industry-leading 90 metric ton rating (that’s about 100 imperial tons) and the ability operate continually in extreme cold temperatures as low as -40° (it’s the same, C or F), while delivering 20% more operational efficiency than a human-driven truck.

The Huawei-issued press release is a bit light on truck specs, but similar 90 tonne electric units claim 350 or 422 kWh LFP battery packs and up to 565 hp from their electric drive motors and some 2,300 Nm (1,700 lb-ft) of tq from 0 rpm.

Huawei executives said the Ruichi trucks reflect the company’s vision for smarter mining operations, with the potential to introduce similar technologies in markets like Africa and Latin America. The 100 asset electric fleet marks the first phase of a plan to deploy 300 autonomous trucks at the Yimin mine by 2028.

Electrek’s Take


Chinese autonomous electric mining trucks get to work in Mongolia
Electric haul trucks; via Huawei.

From drilling and rigging to heavy haul solutions, companies like Huaneng Group are proving that electric equipment is more than up to the task of moving dirt and pulling stuff out of the ground. At the same time, rising demand for nickel, lithium, and phosphates combined with the natural benefits of electrification are driving the adoption of electric mining machines while a persistent operator shortage is boosting demand for autonomous tech in those machines.

The combined factors listed above are rapidly accelerating the rate at which machines that are already in service are becoming obsolete – and, while some companies are exploring the cost/benefit of converting existing vehicles to electric, the general consensus seems to be that more companies will be be buying more new equipment more often in the years ahead – and more of that equipment will be more and more likely to be autonomous as time goes on.

SOURCES | IMAGES: Huawei, South China Morning Post, and Supply Chain Digital.


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Tesla starts accepting Cybertruck trade-ins, confirms insane depreciation

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Tesla starts accepting Cybertruck trade-ins, confirms insane depreciation

Tesla has started accepting Cybertruck trade-ins, something that wasn’t the case more than a year after deliveries of the electric pickup truck started.

We are starting to see why Tesla didn’t accept its own vehicle as a trade-in: the depreciation is insane.

The Cybertruck has been a commercial flop.

When Tesla started production and deliveries in late 2023, the vehicle was significantly more expensive and had less performance than initially announced.

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At one point, Tesla boasted having over 1 million reservations for the electric pickup truck, but only about 40,000 people ended up converting their reservations into orders.

Now, Cybertruck inventory is sitting unsold for months and Tesla is having to offer heavy discounts to move them.

We previously reported that Tesla refused to accept the Cybertruck, its own vehicle, as a trade-in more than a year after starting deliveries.

Tesla didn’t share an explanation at the time, but we assumed that the automaker knew the Cybertruck was depreciating at an incredible rate and didn’t want to be stuck with more trucks than it was already dealing with.

Now, Tesla has started taking Cybertruck trade-ins, at least for the Foundation Series, and it is now providing estimates to Cybertruck owners (via Cybertruck Owners Club):

Tesla sold a brand-new 2024 Cybertruck AWD Foundation Series for $100,000. Now, with only 6,000 miles on the odometer, Tesla is offering $65,400 for it – 34.6% depreciation in just a year.

Pickup trucks generally lose about 20% of their value after a year and 34% after about 3-4 years.

It’s also wroth nothing that Tesla’s online “trade-in estimates” are often higher than the final offer as noted in the footnote o fhte screenshot above.

Electrek’s Take

This is already extremely high depreciation, but Tesla is actually trying to save face with estimates like this one.

As Tesla wouldn’t even accept Cybertruck trade-ins, used car dealers also slowed down their purchases as they also didn’t want to be caught with the trucks sitting on their lots for too long.

On Car Guru, the Cybertruck’s depreciation is actually closer to 45% after a year and that’s more representative of the offers owners should expect from dealers.

That’s entirely Tesla’s fault. The company created no scarcity with the Foundation Series. They built as many as people wanted. In fact, they built too many and ended having to “buff out” the Foundation Series badges on some units to sell them as regular Cybertrucks and as of last month, Tesla still had some Cybertruck Foundations Series in inventory – meaning they have been sitting around for up to 6 months.

Now, Tesla is stuck with thousands of Cybertrucks, early owners are already getting rid of their vehicles at an impressive rate, and the automaker had to slow production to a crawl.

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