Last month I was fortunate enough to take a trip to China and visit seven different micromobility companies, each of which invited me to tour their factory, test out their new products, or attend their major events. The trip is something of a sequel to the first Chinese factory tour trip I took last year (with the documentary of that trip racking up millions of views on YouTube).
In the coming weeks, I’ll be sharing detailed articles and videos about each of the following visits. But in the meantime, consider this as a preview of what’s to come.
Bafang factory tour
Bafang is perhaps the best known Chinese electric bicycle component manufacturer. The company is widely regarded for its motors, which have been its flagship products for over a decade. Everyone in the e-bike industry knows that if you want a solid motor (and don’t want to pay for a German motor), you go to Bafang.
But as it turns out, Bafang makes pretty much everything else on an e-bike too, now even including the batteries.
Long-time followers of my articles and videos might remember that I actually took a tour of Bafang’s factory all the way back in 2019. The company has since expanded to a much larger factory and the production processes have also improved. That was a particularly fascinating element of my visit, having the chance to see just how much has changed in the last five years.
For example, automation has helped replace many of the jobs previously done by hand in the manufacturing and assembly lines for components like motors and controllers. However, the working environment has improved considerably for certain tasks like fine soldering that are still done by highly trained hands. The older fume hoods that once hung over workstations in order to filter out soldering exhaust have now been moved into the work surfaces, meaning that instead of soldering fumes rising up past the nose of the worker on the way to vents, the gases are now sucked downwards and out to the filters. What was once a solution to protect everyone except for the immediate worker is now a solution to protect everyone.
The battery factory was another interesting part of the visit, as batteries are one of the newest components added to Bafang’s quickly expanding lineup.
The process is highly automized. First, individual battery cells are sorted by machines into the most similar resistances, then grouped into modules that are ultrasonically welded together. Human hands return to the equation with the assembly of the battery modules into the cases, and then the batteries are sent for inspection at the end of the assembly line.
Before the batteries can be packaged for shipment though, every single pack is put through a charge and discharge cycle to test for anomalies. Massive racks run down the hallways with hundreds of batteries at a time undergoing testing.
Other new innovations that Bafang has begun integrating into its product lines are its own internally geared hubs with automatic transmissions as well as hub motors with built-in transmissions. One problem that has plagued the e-bike industry is the use of existing transmission components that were not intended for high-power motors but rather human leg power. With Bafang developing its own bicycle transmissions that are designed to work with higher continuous power found in electric bikes, reliability should see a significant improvement.
There’s a lot more where that came from though, so make sure you stay tuned for my full report from the factory, coming soon!
NIU Factory Tour
I’ve ridden a NIU electric moped since 2020 and have long been a fan of the brand, which is known as a leading electric smart scooter brand. The company’s designs have often been imitated, but there’s no substitute for the real thing, especially as NIU has rapidly expanded its wide range of offerings.
My tour started in the factory showroom, which underscores just how wide that product line truly is. We’re used to seeing the company’s export products, but there’s an even more diverse lineup of domestic electric two-wheelers designed for the Chinese market.
From there, we moved to the factory floor where scooters are assembled. Flying conveyor systems with hanging component shelves are pre-loaded with all the parts necessary for building these scooters, allowing line workers to pluck off the necessary components as they float by at each stage of the assembly process.
The scooters go together surprisingly quickly as they move down the line, with test riders waiting for them to roll off the final ramp. After the scooters are inspected and test-ridden, they’re eventually moved into a massive storage warehouse and loaded onto trucks for shipping all over the country and export to international dealers.
In another part of the factory I saw the standing electric scooters undergoing similar processes, with an assembly line conveying the scooters along as workers assembling them ahead of extensive rider inspections and test rides.
I also had the chance to test ride several of NIU’s electric vehicles, from the standing electric kickscooters to their higher speed mopeds and full-size electric motorcycles, to even the company’s Sur Ron-competitor electric dirt bike.
That bike, the street-legal NIU XQi3, was impressively powerful, and I had to be careful to keep the front wheel down when rolling off the line.
I’ll still always be partial to the company’s mopeds though, or “seated electric scooters” depending on how true to the term moped you’d like to be. As much fun as electric motorcycles and dirt bikes can be, there’s something so utilitarian about a seated electric scooter that makes it the perfect car replacement for me.
EUNORAU Headquarters Tour
I’ve been riding EUNORAU electric bikes for years and years, but this was my first chance to finally meet the team behind the bikes. I visited their headquarters near Hangzhou and took a tour through many of the company’s past, present and future e-bikes, including models still in the works.
From there, I visited their operations center where the company has a large warehouse stocked with just about everything you could ever need to service and support e-bikes. In addition to EUNORAU’s Las Vegas service center, the company is ready to ship out parts from its headquarters when necessary.
I even got a look behind the curtain at the company’s new BKRE service, which is more important than ever with the increasing number of e-bike company closures. Basically, BKRE stocks many of the parts used in common electric bikes from companies that have folded. That means owners of those e-bikes will have somewhere to turn in the future if they need support. Trying to find a random controller or display can be nearly impossible without knowing the actual factories those parts come from. With its deep network of connections in the e-bike manufacturing industry, EUNORAU can find replacement parts for nearly any electric bike made in China.
They stock many of those parts already on several rows of shelves in their warehouse. For parts they don’t already have on hand, owners can contact BKRE and with any luck, the right part can be found in a few days and sent out anywhere in the world.
Last but not least, I wasn’t about to leave without the chance to ride a bunch of EUNORAU’s electric bikes.
I had everything from the new version of the company’s fat tire electric trike to triple-battery electric bikes to four-wheeled electric quad bikes at my disposal.
I zipped around the area of the city they were located in on several of the company’s e-bikes, testing out the new components and improvements that have come from listening to the feedback of thousands of customers.
There’s a lot more to come though, so be on the lookout for my deep dive article and video on the experience!
Yadea Retail Dealer Show
This was absolutely wild! The last time I was in China, I visited one of Yadea’s massive factories. Yadea is the world’s largest electric vehicle manufacturer. They make everything from light electric scooters for recreation and commuting to heavy-duty electric trikes for commercial use. But their main products are seated electric scooters, of which they produce millions.
This time, Yadea invited me to attend the company’s Retail Dealer Show. There were over 4,000 dealers there, mostly from China but also from all around the world. The show was absolutely massive!
In addition to the huge attendance, Yadea had examples of many of the various models of electric vehicles they produce. I saw some familiar models but also experienced dozens of models I’d never seen before.
From Sur Ron-style electric dirt bikes to Vespa-style vintage-looking electric seated scooters, Yadea had it all there. I even checked out the company’s new sodium-ion batteries and fast charging technology, which could be a huge game changer for longer-lasting, safer batteries.
The sheer variety seen at the show was mind-blowing. I’ve covered electric vehicle companies for years, attended dozens of trade shows, and test-ridden literally hundreds of vehicles. But I’ve never seen a single manufacturer with such a breadth of vehicles as this.
Dahon Headquarters Visit
Dahon wasn’t the first to invent a folding bicycle, but the company was one of the earliest to popularize them with commercialized models. The company’s first folding bikes, released in 1984, are still highly sought after, and surviving examples carry high prices on the resale market. More recently, Dahon has expanded its wide line of folding bicycles to include many different types of folding electric bikes.
I toured Dahon’s showroom to see many of the soon-to-be-released models that will land in dealerships later this Spring. Talking to the team, I learned more about what makes Dahon’s folding e-bikes so special, including a focus on frame rigidity that helps reduce that telltale flexy feeling on many folding bikes in the market.
After checking out the new lineup of Dahon folding e-bikes in the showroom, I headed outside to experience them firsthand. From ultra-lightweight e-bikes to a new electric gravel e-bike and even a heavy-duty electric tricycle for carrying cargo and kids, the Dahon models were a blast to ride.
Finishing up the visit, the team took me on an evening group ride that they enjoy several times a month as a chance for the group to spend time riding together on the nice bicycle trails around Shenzhen.
Zhenmin golf cart factory tour
Zhenmin gave me access to their entire factory to see how electric golf carts and neighborhood electric vehicles are produced. The company builds a wide range of models and starts from the ground up, welding frames and fabricating bodies right there in the factory.
The process is largely manual, with workers hand-forming and welding the various components.
Many of the company’s models are exported to India, while others are sold in various countries in Asia and South America.
The warehouse for completed golf carts waiting to ship out was massive, with hundreds if not thousands of units waiting in various packaging stages for their journeys.
As with many of my other visits, I was happy to take the opportunity for some test rides. I started with a lifted electric golf cart built for a US-based company (though I had to cover the brand’s logos). I can’t tell you which one, but I’ll be excited to see them bring this beast of a golf cart to market. It’s incredibly powerful, to the point that I almost threw myself out the side of it on a sharp turn.
I also tried smaller and less beast-like machines, including those designed for elderly riders. They were fun in their own way, and there’s something nice about not having centrifugal forces fighting over your limbs. There’s definitely still a place in the market for modest neighborhood electric vehicles!
Heybike Alpha test ride
Also in Shenzhen, I had the opportunity to visit Heybike’s new headquarters. The company recently moved into a new Shenzhen office, and their team is obviously quite happy about all the extra space. There wasn’t too much to see inside yet, so instead we spent most of the visit testing out the company’s new Heybike Alpha electric bike.
It was just unveiled at CES and is the brand’s first mid-drive electric bike. The powerful motor proved to be incredibly torquey, helping me climb up both dirt and concrete hills with ease. I could even climb stairs on the bike!
The fat tires make quick work of both on-road and off-road surfaces, and mid-drive motor with included torque sensor is a joy to use. However, you definitely need to be careful with it because the extreme torque of the motor requires some care when shifting to go easy on that drivetrain.
We don’t know the final price of the Heybike Alpha at the time of writing, but it is expected to be one of the most affordable mid-drive electric adventure bikes on the market, helping to continue Heybike’s strategy of value pricing on the company’s existing line of diverse styles of electric bikes.
I’ve already shared my test riding video on that bike, so make sure you check it out here!
Stay tuned for more!
Make sure you check back over the next month or so as I release a dedicated article and video on each of these visits.
The trip was an eye-opening experience, and I hope to give you all that same feeling of going behind the curtain to see what goes into these vehicles that we so commonly use each day!
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Ford’s F-150 Lightning is losing ground in the US with new electric pickups like the Tesla Cybertruck and Chevy Silverado EV now available. Although Ford plans to launch smaller, more affordable EVs, including an SUV and pickup, they won’t arrive for (at least) another two years. With new threats, including a wave of lower-cost EVs and Trump threatening to impose tariffs on imports from Mexico, will Ford’s aging lineup set it further behind?
Ford Lightning falls behind in aging EV lineup
It’s been almost three years since the first F-150 Lightning models rolled out of Ford’s Rouge Electric Vehicle Center in Dearborn, Michigan.
Aside from the Rivian R1T, the Lightning was among the first electric pickups available in the US. Rivian delivered the first R1T models in October 2021. The first Lightning customers received their vehicles in May 2022.
Despite setting a new January EV sales record, Ford sold fewer Lightning models than last year. Last month, sales slipped 15.5% to just 1,907, compared to 2,258 in January 2024.
The Mustang Mach-E was the primary reason behind Ford’s higher EV sales last month. Ford sold 3,529 Mach-Es in January, up 172% from the 1,295 sold last year.
After falling behind GM in the US electric vehicle market last year, Ford launched significant incentives toward the end of the year to boost sales. In October, Ford introduced its “Power Promise” program, giving all EV buyers a free Level 2 home charger worth $2,000. It extended the promotion last month after sales jumped 16% in Q4.
According to Edmunds (viaBloomberg), Mach-E models sat on the lot for an average of over three months before the incentive, nearly 20% longer than the average EV.
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)
New threats emerging
Ford’s aging Lightning and Mach-E are already falling behind new EV competitors like the Tesla Cybertruck and Honda Prologue.
According to Cox Automotive’s2024 EV sales report, Tesla sold 38,965 Cybertrucks in the US last year, beating out the Lightning at 33,510. Even the new electric Chevy Silverado is catching up.
Chevy Silverado EV LT trim (Source: Chevrolet)
After the lower-priced LT trim began arriving at dealerships in October, GM sold 2,176 Silverado EVs in the final three months of 2024, for a total of 7,428. Later this year, Ram will launch its first electric pickup, the Ram 1500 REV.
Ford is betting on a new low-cost EV platform as it looks to keep pace with global leaders like Tesla and BYD. The new platform, under development by a team of former Tesla, Lucid, Rivian, and Apple execs in California, will underpin a series of smaller, more affordable EVs.
All-electric Ford Explorer in Europe (Source: Ford)
The first models are expected to be a smaller electric crossover SUV and pickup, starting at under $30,000. However, the new EVs are not expected to arrive until at least 2027.
By then, Ford will face stiff competition with Rivian launching its smaller R2, Volkswagen’s Scout brand arriving, etc.
Rivian R2 electric SUV (Source: Rivian)
With Trump threatening a 25% tariff on imports from Mexico, where the Mustang Mach-E is built, Ford could face more headwinds this year.
Electrek’s Take
Ford has already pushed back several significant electric vehicle models and other projects. Last year, it dropped plans to build a three-row electric SUV, which CEO Jim Farley once described as a “personal bullet train.”
The larger SUV was expected to launch this year, but instead, rivals like Hyundai, Kia, Lucid, and Volvo are taking advantage with new three-row electric SUVs (IONIQ 9, EV90, Gravity, and EX90) arriving in the US this year.
After delivering the first models last March, Honda’s Prologue already outsold the Ford Mustang Mach-E last month.
Ford’s Model e electric vehicle unit lost around $5 billion last year and is expected to continue racking up the losses in 2025. Morgan Stanley analyst Adam Jonas forecasts similar losses at around $4.8 million this year.
We will learn more tomorrow when Ford reports its fourth-quarter earnings. Check back for a breakdown of the report.
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There finally appears to be some Tesla shareholder momentum to fire Elon Musk from the company after years of concerns being ignored by the board and most shareholders.
However, probably nothing will happen as long as the stock (TSLA) is up.
For years, we have expressed concerns about Elon Musk steering Tesla away from its mission to accelerate the world’s transition to sustainable transport and energy.
It has intensified over the last year when Musk threatened Tesla shareholders to breach his fiduciary duties, fired Tesla’s entire charging team in a kneejerk reaction, dove headfirst into a worrying social media addiction, shared countless misinformation on social media, and financed politicians who have directly attacked Tesla and whose policies go directly against Tesla’s mission.
Most of these would be firable offenses at most companies, but we also reported for years that Tesla has massive governance issues with the board basically being completely under Musk’s control despite him owning just 13% of the company.
This leaves things in the hands of shareholders, who are limited to voting once a year. During Tesla’s shareholders meeting in June 2024, they made it clear that they are still for Musk, with most of them voting in line with what the board (aka him) recommended.
Since the inauguration and Musk’s salutes, the blowback, and his response to the blowback, there seems to be more traction amongst Tesla shareholders to remove.
Currently, the most popular post on the Tesla Investor Club on Reddit, one of the biggest Tesla shareholder communities, is about removing Musk as CEO of Tesla, and there have been a few of these types of posts getting traction over the last few weeks.
The post focused on Tesla’s lack of new models other than the Cybertruck in the last 5 years and the lack of growth in delivery volumes despite the rest of the EV market growing.
It also makes the argument that Musk is not following his own guiding principles when it comes to work dedication:
Assuming a few things…
Musk is good at keeping organizations focused on long term hard to reach goals
Musk is good at managing engineering teams
Taking Musk’s own words as truth: management and engineers co-locating with production and “in person” at the office interactions are net positives.
Musk is not doing #3 and thus is no longer performing #1 and #2 at Tesla for the mission. Additionally, with his own logic, he is now in the group of employees that were let go (#4).
This is not a bad argument considering that, in addition to virtually leading six companies and working out of the White House for his new DOGE government department, he was caught literally tweeting about non-Tesla stuff in the middle of Tesla’s earnings call last week.
All that while, he rages against employees who work from home because he believes it is less productive.
While many Tesla shareholders agreed with the post, the main objection was that “the stock is up, why mess with something that works?”
This is indeed a problem for Tesla fans who want to see Musk go. With the board not doing anything, it would come down to shareholders voting the board out and forcing a confidence vote on Musk.
Shareholders are afraid that pushing Musk out would result in him selling his stock and triggering a big correction in Tesla’s stock.
Considering Tesla is currently trading at an insane price-to-earnings ratio of 200 and closer to 400 if you remove ZEV credits and the Bitcoin gain, would that be such a bad thing if it meant realigning with the mission?
Electrek’s Take
Obviously, I don’t think we would see that happen if there were a confidence vote tomorrow. I think the stock would need to come down to reality to motivate shareholders to take action.
Personally, I think being scared of a selloff because of Musk leaving is shortsighted. Tesla’s fundamentals are looking worse by the day, and this quarter should be the worst in years.
If Tesla stock doesn’t crash this quarter, Tesla will likely be trading at a 500+ P/E after reporting Q1 2025 earnings. The last time Tesla traded at these levels, Musk warned Tesla employees that the stock would get crushed “like a soufflé being smashed by a sledgehammer” if it didn’t show profit growth.
A few years later, Tesla is in an even worse situation, considering profits from its main business, automotive, are actually crashing, while profits from self-driving cars and robots are realistically still years away.
It’s true that removing Musk would likely result in a short-term stock crash, but I think it would be good for Tesla long-term.
First, Musk is undoubtedly negatively affecting Tesla’s sales. Removing him would likely give Tesla some breathing room when it comes to demand.
Secondly, Musk has created a huge liability for Tesla by consistently promising self-driving capability on all cars produced since 2016. This needs to be addressed and fixed, and Musk is clearly not the person to do this.
Tesla needs leadership to realign the company with its mission and derisk the self-driving effort. I think there’s room to still aim for Musk’s grand vision for Tesla, but without consistently lying and overpromising.
Call me crazy, but I think the company would fair better with a competent full-time CEO instead of an egomaniac wannabe oligarch who consistently lies to shareholders, engages in resource tunneling with his private competing company, and is deeply lost in one of the worst cases of social media addiction that I’ve ever seen.
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Last month, Tesla unveiled the new Model Y in the United States, featuring an all-new light bar design, a redesigned rear-end, and a refreshed interior. It’s currently available as a “launch series” model, starting at $59,990 – with deliveries beginning in March.
The new Model Y is currently in 19 Tesla showrooms across North America, 17 in the United States and 2 in Canada. I took the opportunity to head to the one in New York’s Meatpacking District to get some up close photos, as well as share some thoughts.
Design impressions
When the new Model Y was unveiled in China at the start of the year, I wasn’t a huge fan. I was glad that Tesla came up with a unique design language for Model Y, rather than just creating a taller Model 3 once again, but I still wasn’t a fan. The new design felt super busy.
However, as time passed, it’s certainly grown on me. Seeing it in person cemented the fact that this is actually a great design, at least in my book. Could there be some improvements? Sure. Overall though, I welcome all of the improvements and I’m more than happy about the new design.
New Model Y upgrades
The main improvements with the new Model Y include two new light bars, one on the front and one on the rear. Unlike the Cybertruck, the front light bar on the New Model Y isn’t continuous, and instead features a split design. However, that’s for good reason.
On Model Y, the primary headlights are part of the light bar (pieces to the left and right), which isn’t the case on the Cybertruck. The light bar on the Cybertruck is mostly aesthetic, with the actual headlights being near the bumper. Some may think the splits in the front light bar are a design downgrade, but it’s certainly a lot more functional.
Additionally, you have a new rear light-bar that reflects downwards on the road, and gets very bright at night. I didn’t get a photo of this unfortunately, since the showroom is very well lit, but you can see the effect for yourself in videos. It can be pretty cool.
Other than that, the new Model Y has many of the same upgrades from last years refreshed Model 3. You have the ambient LED lighting on the interior, the new dual-pane glass for quieter interiors, new materials on the interior, as well as a display in the back seat for passengers to interact with.
New Model Y also has a front-bumper camera, as well as powered seats in the rear, allowing for customers to fold them down with just the press of a button.
Final thoughts
It’s a nice refresh. For now, Tesla only sells the new Model Y as a “launch series” model, coming in at $59,990 for the Long Range AWD configuration. At this price, you get Full Self-Driving included, the acceleration boost, and the tow package. Launch series models also have a special badge on the rear, alongside a puddle light, a more premium interior, and special “launch” badging around the vehicle.
There’s no word on when RWD or Performance models will be available, but Tesla still sells the old Model Y if you’d like to get one of those trims. There’s some great deals on existing inventory as well.
Gallery
Last but not least, here’s all of the photos I took of the new Model Y! The showroom model was Ultra Red, which is personally one of my favorite colors for this new design. It also comes in Stealth Gray, Pearl White Multi-Coat, and Quicksilver.