I just bought an electric bike I don’t need and won’t use. Here’s why
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.”
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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For the second time, a judge strikes down Elon Musk’s $55 billion Tesla CEO pay package as the company struggles to avoid seeing its sales slip year over year for the first time. Plus: an all-new look for Jaguar this Giving Tuesday on Quick Charge!
We’ve also got record EV sales from both Kia and Hyundai, with the latter seeing IONIQ 5 sales double over last year, more Tesla discounts in China AND North America, and more.
Today’s episode is sponsored by Buzz Bicycles, an omnichannel eBike brand that prioritizes excellent value for its growing base of eBike enthusiasts. For a limited time, use promo code “ELECTREK200” at checkout for $200 off the purchase of a Buzz Centris Folding eBike, and be sure to explore all of the company’s Black Friday Deals at Buzzbicycles.com.
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Read more: Renault E-Tech T semi truck gets 600 km range for ’25, logs 19 million miles.
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“Tesla could not meet program standards” on Oklahoma’s NEVI EV charger installation program, so EVgo took over.
As Electrek originally reported in April, Oklahoma approved more than $8 million in federal funds for Tesla, Love’s Travel Stops, and Francis Energy to build DC fast chargers along its interstates.
The three companies were to provide a combined $7 million in private funding match to build 13 DC fast charging stations. The first round of awards would complete the buildout of I-35, I-40, and I-44 as Alternative Fuel Corridors.
Tesla was supposed to install three Superchargers at the I-44 exit 240 in Catoosa, the I-40 exit 240B in Henryetta, and the I-44 exit 125B in Oklahoma City. In order to qualify for National Electric Vehicle Infrastructure (NEVI) Formula Program funding, they had to be equipped with Magic Docks – that is, CCS compatibility.
However, OK Energy Today reports that Oklahoma Transportation Commissioners unanimously approved replacing Tesla with second-place EVgo yesterday.
Jared Schennesen, multi-modal division manager to the nine commissioners, said:
Tesla could not meet program standards for the gap awarded along I-44 in Oklahoma City.
Due to not meeting the program requirements, ODOT required that the award be revoked from Tesla as direct[ed] by state procurement rules and awarded to second-place finisher EVgo for this gap.
Schennesen didn’t specify exactly how Tesla couldn’t meet the program standards, but the article goes on to note that EVgo reduced its costs considerably compared to what Tesla’s project costs were:
EVgo won the award for a total of $519,740, and Schennesen said it reduced the total project cost by $317,932. The federal share of the project will increase by $201,781 bringing the final total to $801,780.
EVgo has more than 1,000 DC fast charging locations in 40 states and serves over 65 metropolitan areas.
Oklahoma’s NEVI EV charger installation program, EVOK, is responsible for spending $66 million from 2022-27 in NEVI Formula Program funds to create a state EV charging network. The federal NEVI program allocates $5 billion over five years to help US states create a network of EV charging stations. The funding comes from the Bipartisan Infrastructure Law.
The NEVI program requires EV charging stations to be available every 50 miles and within one travel mile of the Alternative Fuel Corridor. EV charging stations must include at least four ports with connectors capable of simultaneously charging four EVs at 150 kilowatts (kW) each, with a total station power capacity of 600 kW or more.
The charging stations must have 24-hour public accessibility and provide amenities like restrooms, food and beverage, and shelter.
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The US Department of Energy (DOE) says it will loan up to $7.54 billion to a Stellantis and Samsung SDI joint venture to help build two EV lithium-ion battery plants in Indiana.
Stellantis + Samsung EV battery plants loan
The joint venture is called StarPlus Energy LLC, and its huge project will create huge job growth: at least 2,800 jobs at the plants, plus hundreds more for parts suppliers at a nearby park.
At full capacity, the plants will produce about 67 GWh of batteries for Stellantis EVs in Kokomo, enough to supply about 670,000 vehicles annually, the DOE’s Loan Programs Office said. Stellantis said yesterday that the first plant will open in early 2025 and the second in 2027.
To secure the loan, StarPlus needs to implement its Community Benefits Plan, which includes working with community and labor leaders to create well-paying jobs. It’s unclear whether the loan will be able to be finalized before Donald Trump takes office on January 20, but according to the Associated Press, the DOE said “it would be irresponsible for ‘any government to turn its back on private sector partners, states, and communities that are benefiting from lower energy costs and new economic opportunities’ from the loans.”
Electrek’s Take
Since Trump is threatening tariffs all over the place to stimulate domestic manufacturing, it would be pretty dumb if he attempted to kill this loan. The DOE anticipates this and makes a point of saying in its announcement that “the project will greatly expand EV battery manufacturing capacity in North America and reduce America’s reliance on adversarial foreign nations like China, as well as other foreign sourcing of EV batteries.”
If you live in an area that has frequent natural disaster events, and are interested in making your home more resilient to power outages, consider going solar and adding a battery storage system. To make sure you 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 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*
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