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Can-Am, a subsidiary of BRP (Bombardier Recreational Products), marked a significant milestone this week as its first electric motorcycle rolled off the production line.

The long-anticipated event took place at the company’s assembly plant in Querétaro, Mexico, signaling a new chapter for the brand as it leverages its storied powersports legacy to launch a new line of modern electric commuter motorcycles.

The first Origin model off the line, part of Can-Am’s new electric lineup, represents the company’s first foray into the rapidly growing electric motorcycle market. Designed to appeal to urban commuters and environmentally conscious trail riders, the Pulse and Origin bikes feature a sleek design, sporty performance, and a promise of zero-emissions, low-maintenance riding that the company hopes draws in new riders as well as seasoned veterans.

“Today, we are celebrating the first Can-Am electric motorcycles coming off the assembly line,” remarked Can-Am CMO Josee Perreault. “With this milestone, Can-Am is bringing new energy to the global electric motorcycle market. Built on 80+ years of powersports ingenuity, these all-new, all-electric bikes are proof once again that innovation is at the core of what we do. Today marks the day we reclaim our two-wheel heritage. Can-Am motorcycles are officially here!”

The first two models in Can-Am’s electric lineup were originally unveiled back in 2022, ahead of their official launch earlier this year.

The Can-Am Pulse is designed as a naked street bike, while the Origin is the more dual-sport version, despite both sharing the same Rotex powertrain.

The bikes will roll out next year with 8.9 kWh battery packs, putting them on the lower end of battery capacities these days for full-size electric motorcycles. Those battery packs offer an estimated city range of 100 miles (160 km) or 90 miles (145 km) for the Pulse and Origin, respectively. The batteries fall just below the capacity of models offered by LiveWire, such as the Del Mar and Mulholland, but above Zero Motorcycles’ entry-level electric rides.

The good news is that smaller batteries charge faster, with the company claiming a 20-80% charge time of just 50 minutes when using a Level 2 charger. For city jaunts, 90-100 miles is likely plenty for most riders. Just don’t expect to be cruising the highways for too long with a modest battery pack like this. For the Origin, trail riding may require careful selection to ensure charging facilities are available nearby, though more off-road trails are beginning to install charging networks, even if the pace has been slow.

The bikes also share a 47 hp (35 kW) electric motor. With a 0-60 mph (0-96 km/h) of 3.8s and 4.3s for the street-ready Can-Am Pulse and dual sport Can-Am Origin, respectively, it sounds like both models take advantage of every single watt available to them. And with an enclosed chaincase powering that rear wheel, the bike is supposedly quieter than most other chain-driving electric motorcycles.

The Pulse is priced at US $13,999, unless you want the Pulse ’73 model with a few extra colorway and body accoutrements, plus fancy LED lights, for a grand total of US $15,999. It costs just a bit more to hit the dirt with the Origin starting at US $14,499 for the standard version or $16,499 for the Origin ’73 edition.

Those prices fall far north of smaller commuter motorcycles available from US-based companies like Ryvid, but undercut the flagship electric motorcycles offered by companies like LiveWire and Zero.

But Can-Am is hoping on more than just pricing to win over riders, relyign on the bikes’ supposed unique riding experience. “We’ve put years of product design, development, and engineering into them to optimize the riding and ownership experience,” explained Can-Am’s Chief Design Officer Denys Lapointe. “They’re contemporary, technologically advanced, and they’re designed to be simple and fun to ride regardless of your experience. Once behind the handlebars, riders will see that we built these from the ground up with them in mind, from the nimble handling, to the comfort and ergonomy that makes them feel at one with the bikes. Here’s to awakening the energy within every rider!”

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Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset

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Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset

The BP logo is displayed outside a petrol station on January 30, 2025 in Warrington, United Kingdom.

Nathan Stirk | Getty Images News | Getty Images

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset.

The beleaguered energy giant also said it planned to lower its annual capital expenditure to sit within a range of $13 and $15 billion over the same time horizon, while targeting $20 billion in divestments by the end of 2027.

The oil major said investment in transition businesses would be “significantly lower” over the coming years. The firm said spending is now likely to come in at $1.5 billion to $2 billion per year — more than $5 billion per year below the previous guidance.

“Today we have fundamentally reset bp’s strategy,” BP CEO Murray Auchincloss said in a statement.

“We are reducing and reallocating capital expenditure to our highest-returning businesses to drive growth, and relentlessly pursuing performance improvements and cost efficiency. This is all in service of sustainably growing cash flow and returns,” he added.

BP is poised to outline further details of its new direction at its Capital Markets Update on Wednesday afternoon.

An investor day presentation, which will be hosted by Auchnicloss and other members of the firm’s leadership team, is scheduled to take place from 1 p.m. London time.

Analysts have described BP’s investor day as a pivotal moment for the firm, particularly after it emerged that activist investor Elliot Management had built a stake in the oil major.

BP’s Auchnicloss, who took the helm on a permanent basis in January last year, is under significant pressure to reassure investors that the company is on the right track to improve in its financial performance.

The London-listed firm has lagged its industry rivals in recent years, as investors have continued to question the firm’s strategic direction.

Shares of BP fell 1% on Wednesday morning.

‘Shocking but not surprising’

Lindsey Stewart, director of investment stewardship and policy at Morningstar Sustainalytics, said Wednesday that BP’s decision to reduce capital expenditure on renewables and double down on its fossil fuel assets “will be shocking but not surprising to investors focused on sustainability.”

He added that “having already cut back its energy transition targets in 2023, BP’s subsequent underperformance compared with peers has created pressure for BP management to focus on sustainability of a financial rather than ecological nature.”

Reuters on Monday reported that BP is poised to abandon its target to increase renewable generation 20-fold by 2030, citing two unnamed sources close to the matter. A spokesperson for the company declined to comment when contacted by CNBC.

Five years ago, BP became one of the first energy giants to announce plans to cut emissions to net zero “by 2050 or sooner.” As part of this push, BP pledged to slash emissions by up to 40% by 2030 and to ramp up investment in renewables projects.

The company scaled back this emissions target to 20% to 30% in February 2023, saying at the time that it needed to keep investing in oil and gas to meet global demand.

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610 hp for just $33,085 – China raises the bar with Chery Exeed VX C-DM

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610 hp for just ,085 – China raises the bar with Chery Exeed VX C-DM

In case you needed another reason to feel jealous of Chinese car enthusiasts, the Chery Exeed VX C-DM three-row SUV is officially available for pre-order with 610 hp, 1,300 km (over 800 miles) of EREV range, and a starting price of $33,085 US.

State-owned Chinese automaker Chery recently launched the Exeed luxury brand, with its latest model, the Exeed VX C-DM plugin, making its international debut in Saudi Arabia February 23. At the same time, Chery opened the order books on the Exeed in China under the Exeed Lanyue C-DM name. And it is, in a word: impressive.

It’s really nice, you guys

Exeed VX; via Chery.
Exeed VX; via Chery.

Dubbed “the land business jet” on Exeed’s website, the Exeed VX C-DM pairs a 1.5L range-extending ICE motor with a three-speed DHT gearbox that integrates with a 165 kW e-motor. A second 175 kW electric motor sits in the rear axle, giving the big, seven-passenger SUV a combined peak power output of 455 kW (about 610 hp) and 920 Nm (nearly 680 lb-ft) of torque. That’s enough to rocket the big SUV from 0-60 mph in less than 5.0 seconds.

On the EV side of the ERVE equation, the Exeed VX C-DM packs a super-safe CATL NMC battery pack good for 180 km (about 112 miles) of CLTC range in electric mode – a far cry from the twenty-or-thirty-odd miles you’d get out of a conceptually similar Mazda CX-90 PHEV or Jeep Grand Cherokee 4xe.

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It’s nice inside, too

In addition to that power and performance Exeed VX C-DM buyers also get a high-end interior with quilted leather, massaging front seats, slick infotainment screens, panoramic glass roof, a 23-speaker Lion Melody sound system, and LED mood lighting. That high-tech interior sets the stage for more high-tech baubles, like 26 ADAS functions that include self-driving features, an SDG system to reduce collisions, a 540-degree (?) camera for easy parking.

That ADA system combines with a “high-performance integrated cage body” and 10 driver and passenger airbags to deliver a 5 Star C-NCAP crash test rating.

And, yes – al that goodness starts at the equivalent of just 239,900 yuan ($33,085 US) in China.

Eat your heart out.

Electrek’s Take

Exeed VX; via Chery.

We can talk about tariff this and trade war that all day long. The real message here, however, is that China is objectively, unequivocally, and obviously years ahead of the US when it comes to American EVs in terms of manufacturing efficiency, battery and charging technology, and value. And, for as long as they have a system that takes the burden of pensions and healthcare and other basics of life off the manufacturer (and we don’t) they’ll probably keep pulling ahead.

Head on down to the comments and tell me convince me otherwise.

SOURCE | IMAGES: Chery Exeed, via CarNewsChina.

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TSLA gets hammered, Mercedes set to ditch EQ, and big van news

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TSLA gets hammered, Mercedes set to ditch EQ, and big van news

With revenue tumbling almost as fast as market share, Tesla stock is taking a pounding – exactly like CEO Elon Musk predicted! We’ve also got FSD rolling out in China, a German automation acquisition, and more on today’s red candlestick edition of Quick Charge!

We’ve also got some clarifying news at Mercedes-Benz, which is set to ditch its confusing EQ-based model alphanumerics and (God willing) their suppository-based styling language, too. Plus, Rivian launches a new upfit service to make it easier for fleet managers to order ready-to-work EVs, Ram ProMaster EV lives up to its promises with more options and a lower price tag, and a big solar deal goes down.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

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Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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