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Electric RV specialist Lightship is officially entering the recreation vehicle segment with a renamed version of its all-electric travel trailer, formerly known as the L1. Today, the company unveiled the Lightship AE.1—the production-ready version of its predecessor. It is now on sale as a limited “Cosmo Edition,” of which only a limited supply will be built and sold.

As we’ve detailed in the past, Lightship is a startup rooted in San Francisco with operations in Broomfield, Colorado. It was founded in 2020 by Ben Parker and Toby Kraus—two industry veterans with impressive resumes that include notable contributions at Tesla.

The young company first caught our attention when it quietly launched in the summer of 2022 before officially stepping out of the shadows a year later. During that time, Lightship declared itself the first all-electric RV company, designing unique battery-powered trailers for the all-electric age while striving to bring fresh and, more importantly, sustainable options to a stale trailer and RV segment.

Lightship’s progress began on the wheels of its flagship electric travel trailer, the L1, whose telescoping aerodynamic design caught the attention of many electric mobility enthusiasts. Last December, we spoke to the startup’s founders, who walked us through the design process of this one-of-a-kind, aerodynamic electric trailer.

By January of 2024, capitalists had also caught wind of the design feats Lightship had accomplished with the L1 and opened their checkbooks to commit $34 million in Series B funding to help the startup accelerate electric trailer production.

Eleven months later, Lightship has a production-ready version of the L1 it has now renamed, and today begins accepting initial orders as it gears up to start mass producing them.

  • Electric trailer
  • Electric trailer
  • Electric trailer

Lightship’s electric trailer renamed “AE.1” ahead of sales

Today, Lightship officially unveiled the final design of its flagship electric travel trailer, which is now called the AE.1. The vehicle launch begins with a special Cosmos Edition which will see a limited production run of 50 units, all developed and assembled at the company’s facilities in Colorado. Lightship co-founder and chief product officer Ben Parker elaborated:

With the limited-edition Lightship AE.1 Cosmos, we’re delivering a dream travel experience for
sustainable travelers, tech lovers and EV enthusiasts. Our mission is to bring RVs into the electric age with the AE.1. The Cosmos Edition is the first premium realization, and we have other trims to fit travelers’ needs
coming quickly down the road.

The AE.1, built by “America’s first all-electric recreational manufacturer” features the same modular, telescoping, aerodynamic design showcased in the L1 as well as a “TrekDrive” power system that uses an electric motor to deliver near-zero range loss for EV drivers and less miles-per-gallon drain for gas vehicles towing it

The premium-level Cosmos Edition of the AE.1 features a plush interior focused on sustainability, function, and space. Its roof features an integrated, full-solar design that enables an all-electric camping experience without the annoying noise of a gas generator or the hazards of having combustible propane tanks onboard.

The AE.1 offers room to sleep four and comes complete with an automotive-grade HVAC system, a fully outfitted bathroom, and a Galley Kitchen with all the luxuries of comfortable off-grid living, including a dishwasher, refrigerator, microwave, convection oven, and induction cooktop.

The 50 planned builds of the AE.1 Cosmo Edition electric travel trailer will be available in two unique colorways and are expected to begin production in the summer of 2025. Each Cosmo Edition costs $250,000 and will be sold to early reservation holders first before being made available to other interested parties.

Following deliveries of the Cosmo Edition, Lightship shared plans for three additional trims of its electric travel trailer. They are called Atmos, Panos, and Terros and will “serve travelers’ needs with distinct feature sets and price points.” The company said it will continue to accept refundable reservations for the three future trim levels, but its immediate focus is on getting the premium version of the electric travel trailer out to those interested customers.

You can learn more here and place a reservation if you’d like.

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Isuzu’s first electric pickup is here and it’s a beast: Meet the new D-MAX EV

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Isuzu's first electric pickup is here and it's a beast: Meet the new D-MAX EV

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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Tesla insider buys stock for the first time in years and it’s hilarious

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Tesla insider buys stock for the first time in years and it's hilarious

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.

We recently reported on Kimball Musk, Elon’s brother, and Tesla’s Chief Financial Officer Taneja Vaibhav recently selling ahead of a recent drop in the company’s stock price.

Tesla’s chairwoman, Robyn Denholm, also sold $33 million worth of Tesla shares in February and over $100 million in the 3 months prior.

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 revenue grows 20%, with debit card payment volume soaring

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Venmo revenue grows 20%, with debit card payment volume soaring

Justin Sullivan | Getty Images

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.

WATCH: PayPal CEO Alex Chriss: Huge opportunity to deliver to consumers and help small business

PayPal CEO Alex Chriss: Huge opportunity to deliver to consumers and help small business

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