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There’s a reason the phrase “you get what you pay for” has stuck around for so long – because it’s usually true. And when it comes to electric bikes, that old saying might be more important than ever.

Sure, everyone wants a deal. Prices are increasing, workers are treated worse than ever, and the immediate future of the economy seems to depend at least partially on how well a golf game goes this weekend. So I don’t blame anyone for wanting to find a bargain when it comes time to shop for the best alternative to buying an expensive car.

The problem is that a lot of people don’t realize what they’re sacrificing for those low prices, and the fact that automotive media seems to have finally woken up to electric bikes is only making that worse with dangerous expectations that don’t align with reality.

Now, add in the fact that these days, it’s easier than ever to find an e-bike online for under $600. Scroll through Amazon, Walmart, or even eBay, and you’ll see a flood of lesser-known electric bikes with flashy listings, bold promises, and suspiciously low prices. At first glance, they can seem like a great deal – especially if you’re just dipping your toe into the world of e-bikes and don’t want to spend over a grand. But here’s the truth: that bargain-bin e-bike might cost you a whole lot more in the long run, whether it’s in repairs, hospital bills, or just frustration.

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If most of the brand’s reviews are negative, then perhaps their low cost has a high price

Now I’m not saying you need to spend a fortune. Sure, if you have several thousand dollars on hand then I’d put you on a beautifully made Priority e-bike for city commuting or an ultra-rugged Tern for carrying cargo and children. But most of us aren’t looking to spend $3,000 on an electric bicycle, and that’s ok. You can still get a decent e-bike for a lot less, but scrimping too much can lead to a whole host of future problems.

Let’s start with what may be the most serious issue: battery safety. The battery is the heart of any electric bike, and it’s also the component most likely to cause real danger if it’s poorly made. Many of these ultra-budget e-bikes aren’t certified to UL 2849 (e-bike systems) or UL 2271 (lithium-ion battery) safety standards. That’s a big red flag.

UL certification means a battery has been rigorously tested for things like short-circuit protection, thermal runaway resistance, water ingress, and more. When you skip those safety tests to cut costs, you’re gambling with something that literally sits between your legs. That’s not an area I’d want to take that chance on.

Fires caused by uncertified or damaged e-bike batteries have become a growing concern, especially in dense urban areas. While they are still rare occurrences in the broader e-bike market, they are almost exclusively caused by non-certified batteries. Cities like New York have already moved to ban the sale of e-bikes without UL-listed batteries for precisely this reason. And while these fires are rare relative to the number of bikes out there, they tend to involve the cheapest models on the market – often the ones with questionable quality control and little to no brand accountability.

E-bike batteries are likely the most important part of the bike, and thus an area was safety is paramount

But battery issues are just the beginning. The rest of the bike matters too, and that’s where a lot of these low-cost options fall apart… literally. Most $400 to $600 e-bikes are built with generic components from unknown suppliers, slapped together in factories that don’t perform long-term frame durability testing or ensure consistent torque specs on assembly lines.

I’ve personally bought bikes in this price range (you know, for science) that arrived with brakes that weren’t fully connected, bolts that weren’t tightened, and wheels out of true right out of the box.

These bikes often use plastic components, pot-metal crank arms, cheap suspension forks that do nothing but squeak, and undersized brake rotors that struggle to stop a 65 lb (30 kg) e-bike, let alone one with a rider onboard. That’s not just an annoyance – it’s a serious safety issue.

E-bikes move faster and carry more weight than traditional bicycles, which means every component needs to work harder. If the brakes fade, the wheels wobble, or the frame starts to flex in ways it shouldn’t, you’re putting your safety at risk. We’ve seen e-bikes break in half before, and it isn’t pretty.

The Mihogo Mini is surprisingly good for $399, but what’s the REAL cost?

Then there’s the ride quality. Cheap e-bikes often use unbranded motors and basic square wave controllers that provide jerky acceleration, sluggish pedal assist, and otherwise poor performance. The battery may say “48V 10Ah” but only deliver half that in real-world use. Range claims are frequently exaggerated (though to be fair, much of the industry is guilty there), and there’s often no support line to call if something goes wrong. Once the bike arrives at your door, you’re on your own.

All of this isn’t to say that every low-cost e-bike is a death trap. There are exceptions. Lectric’s XP Lite 2.0 is an excellent example of a sub-$800 e-bike that punches way above its weight class. It comes from a reputable company, includes safety-focused features, is UL-compliant, and has a real US-based support team behind it. Lectric isn’t alone, as there are also good entry-level options with solid reputations and better-than-average quality bikes out there, though much of the industry would agree that Lectric is leading considerably in that regard. But keep in mind that bikes like the XP Lite 2.0 are the outliers – not the norm.

And while $800 isn’t exactly a hard and fast rule, I’ve rarely seen something below that figure that I’d be comfortable putting my mom on.

The Lectric XP Lite 2.0 is one of the few great super-budget e-bikes with an excellent safety record

The biggest problem is that it’s hard for new buyers to tell the difference. When every product listing looks polished and every spec sheet claims 40 miles (65 km) of range and “powerful 500W motor,” it’s easy to get lured into a bad purchase.

But an e-bike isn’t a blender. It’s a transportation vehicle. You’re trusting it to carry you at 20+ mph (32+ km/h) through traffic, down hills, and across intersections. Saving a few hundred bucks at checkout probably isn’t worth it if the bike can’t stop properly… or worse, catches fire in your garage.

If your budget is tight, that’s understandable. But rather than buying the cheapest e-bike you can find today, consider saving a bit longer, buying used from a reputable brand on places like Facebook Marketplace or Cragislist, or looking for refurbished models with some kind of warranty. And whatever you do, make sure the battery is certified, the brand has real customer support, and you’re not putting your safety in the hands of a mystery vendor with a generic Gmail address.

Electric bikes are incredible tools for transportation, fun, and freedom. But when they’re made with the wrong priorities – cutting cost at all costs – they stop being tools and start being liabilities. Do your homework, buy from a reputable company, and don’t let the price tag blind you to what really matters: your safety.


Read more: Want to see a list of GOOD yet inexpensive e-bikes? Here are the best we’ve tested under $1,000

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Schumacher Level 2 EV charger $364, NIU’s 300P electric scooter $719, Anker 90K mAh power station from $170, more

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Schumacher Level 2 EV charger 4, NIU's 300P electric scooter 9, Anker 90K mAh power station from 0, more

A new week kicks off with a notable power station markdown, powerful electric scooter discount, and even a level 2 EV charger. More specifically, we’ve spotted Anker’s 90,000mAh SOLIX C300 Portable Power Station at $220 alongside the DC model for $170. The others we just called out include NIU’s 300P electric scooter with a 30-mile range at $719 and Schumacher’s 40A Level 2 wall charger which can add up to ’48 miles of range per hour’ to your EV down at $364.

Head below for more and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Schumacher’s Level 2 wall charger adds up to ’48 miles of range per hour’ to your EV, now $364 (Reg. $500)

Over at Amazon you can currently pick up Schumacher’s 240V Level 2 Electric Vehicle Wall Charger for $363.86 shipped when you clip the on-page $50 off coupon. Routinely sold for $500, this unit has been down between $410 and $415 for a little over a month now at Amazon. Today’s offer takes things even further, with an additional $50 off. This markdown delivers the second-best price we’ve tracked, coming within $12 of the all-time low. Learn more about this charger in the details below.

If you have an EV, I personally think it’s worth investing in a level 2 charger for your home. This makes refueling your vehicle with electricity much faster than a standard level 1 unit. The brand officially claims you can expect “from 15 to 48 miles of range per hour.” This will obviously vary depending on the EV you drive, but it’s safe to say that with this unit you can head to bed and have a lot of range, or potentially a fully charged battery in the morning. Other notable perks include a 25-foot charging cable, Wi-Fi and Bluetooth so you can monitor and schedule charging through the companion SchuPower app, as well as a weather-resistant enclosure.

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Make summer a blast on NIU’s 300P electric scooter with 20 MPH speeds, 30-mile range, more at $719 (Save $230)

Today you can find the official NIU Global storefront at Amazon offering its KQi 300P 20 MPH 30-Mile Range Electric Scooter for $719 shipped. It’s also available at Best Buy. When this unit isn’t discounted, you’ll need to fork over as much as $949. Historically speaking, the lowest we’ve ever seen this unit go for was $650, and that was last year. In 2025, we’ve seen today’s offer beaten just once and it was $30 less than the current price, which isn’t a massive loss by any means. Both the gray and black colorways are on sale for the same amount, so feel free to pick either style. Learn more about what this scooter is capable of down below.

Powered by a 900W motor, this electric scooter can reach up to 20 MPH speeds. My go-to scooter goes just as fast and I absolutely love it. In terms of range, you can make it as far as 30 miles per charge, allowing you to comfortably wander up to 15 miles away and still make it back home. I like that this unit offers integrated suspension, which should reduce the impact of bumps when riding for a more smooth experience overall. There’s even a NIU app that you can download which paves the way for locking it, customizing its speed, viewing statistics, and more. You can even dial in a charging limit, helping reduce battery fatigue overtime which is a perk I use with my Segway.

Anker’s 90,000mAh SOLIX C300 Portable Power Station down at $220 today, DC model now $170

Update: Joining the deals on the AC/DC model below, the official Anker Amazon storefront is now delivering a another chance at Lightning deal pricing on the Anker SOLIX C300 DC Power Station with the pop-up camp lighting down at $169.99 shipped. This one carries a regular price at $250 direct from Anker where it is now matching in price and, while it has lately sold for between $190 and $200 at Amazon, is now at the lowest price we can find.

As part of its early Prime Day deals, the official Anker Amazon storefront is now offering its SOLIX C300 Portable Power Station down at $219.99 shipped. Carrying a $299 list price and typically fetching as much via Amazon over the last 4 months, this is up to $80 in savings and matching the price we are tracking on the Anker SOLIX site. Just keep in mind, that if you can put two of them to good use, the Anker site is offering a pair of them down at $399 right now, delivering an additional $40 in savings.

While this model has carried a regular price at closer to $250 since its release in 2024, pricing started to jump up at Amazon to as much as $299 back in March – the same price this model is listed at on the Anker site. Today’s deal isn’t the lowest we have tracked all-time – there have been a few drops to $209 and $189 this year – but this is the best we have seen on Amazon in last few months.

This model, at least for me, is one of the more compelling options in its price range. It maintains a relatively compact form-factor for something that carries a 90,000mAh LiFePO4 battery with up to 600W of peak power to keep your campsite and off-grid setup lit up and powered (it’s also not a bad option to have around the house in case of power outages or emergencies and the like).

You’re not going to be running an entire house on it, but it does deliver a whole lot more juice than your average power bank, plenty of connectivity options for all of your tech and small appliances, and comes along with a far more digestible price tag than some of these high-end, ultra-powerful stations that can cost thousands.

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Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record

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Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record

Robinhood shares hit record high amid introduction of new tokens

CANNES — Robinhood stock climbed 10% to an all-time high Monday after the company rolled out tokenized shares of OpenAI and SpaceX to users in Europe as part of a larger crypto rollout.

It is the company’s first move to make private equity accessible via blockchain.

The announcement, which came Monday during the company’s product showcase in Cannes, is part of a broader push to expand Robinhood’s crypto footprint globally. The tokenized assets will be available exclusively through Robinhood’s EU crypto app, where more than 200 tokenized stocks and ETFs are now tradable 24 hours a day, five days a week with no commission or spread.

OpenAI and SpaceX stand out since neither company is publicly listed, and access to their equity has historically been limited to insiders and ultra-wealthy investors.

“We wanted to make sure we were giving access,” said Johann Kerbrat, senior vice president and general manager of crypto at Robinhood. “What we discussed on stage was how to address the inequality between people who’ve historically had access to these kinds of companies — and everyone else. That’s the really exciting part: Now everyone will be able to get it.”

“The goal with tokenization,” he added, “is to let anyone participate in this economy.”

Read more CNBC tech news

To mark the launch, Robinhood is giving 5 euros worth of OpenAI and SpaceX tokens to every eligible user in the European Union who onboards to trade stock tokens by July 7. The company has allocated $1 million worth of OpenAI and $500,000 worth of SpaceX for the campaign.

This marks the first time Robinhood has tokenized private companies — a milestone made possible, in part, by the EU’s more flexible regulatory environment.

“There are no accredited investor rules here in the EU, so anyone who qualifies to trade stock tokens is able to access them,” Kerbrat explained.

While the EU rollout is underway, Robinhood says U.S. users shouldn’t expect access anytime soon.

Regulatory hurdles — particularly accredited investor restrictions — remain a major barrier to bringing tokenized private equity to the U.S. market. CEO Vlad Tenev has publicly called for reform, arguing that blockchain could unlock broader participation in private markets.

The tokenized shares are being distributed via Robinhood’s custody wallet into user accounts, part of a broader infrastructure push that also includes the company’s new Layer 2 blockchain built on Arbitrum, which were announced the same day.

And while American users can’t yet access tokenized shares of private companies, they are gaining access to crypto staking.

Robinhood also launched staking for Ethereum and Solana in the U.S., a feature that was previously blocked by the Securities and Exchange Commission. The move signals a renewed push to reintroduce yield-bearing crypto products to the domestic market.

Bitstamp acquisition accelerates international expansion, says Robinhood Crypto's Johann Kerbat

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Kia is about to launch another ‘Big, Bold’ three-row EV, but you can’t have this one

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Kia is about to launch another 'Big, Bold' three-row EV, but you can't have this one

Kia is preparing to introduce a new three-row electric SUV in less than two weeks, and it’s not the EV9. The “Big, Bold Family Vehicle” marks a milestone for Kia, but it might be tough to get your hands on one.

When is Kia launching the three-row Carens Clavis EV?

After launching the Carens 2021, a three-row SUV, Kia’s CEO, Ho Sung Song, said it would “create a completely new segment and industry benchmark for family vehicles.”

With the longest wheelbase in its class and an affordable price tag, the Carens quickly became one of India’s top-selling multi-purpose vehicles (MPVs).

Just a few weeks ago, Kia introduced the new Carens Clavis, a premium version of its popular people mover that’s about to get an EV variant.

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On July 15, the Kia Carens Clavis EV will make its official debut. The three-row MPV will be the first locally made Kia EV in India. It will also be one of two electric MPVs on the market, alongside the BYD eMax 7. BYD’s electric MPV starts at Rs 26.90 Lakh ($31,400), while the current ICE Carens Clavis starts at Rs 11.49 Lakh ($13,500).

Kia-three-row-EV
Kia Carens Clavis (Source: Kia)

Kia will announce prices in a few weeks, but the electric version is expected to start at about the same price as the eMax 7.

According to Autocar India, Kia’s three-row EV is expected to share the same underpinnings as the Hyundai Creta Electric, offering battery packs with capacities of 42 kWh and 51.4 kWh.

Kia-three-row-EV
Kia Caren Clavis MPV (Source: Kia)

Hyundai’s electric SUV offers a range of up to 473 km (294 miles), but given the Carens Clavis EV is bigger, it’s likely to see a slightly lower range.

You can see the MPV already shares design elements with Kia’s latest EV models, like the EV9 and EV5. The new “Kia Digital Tiger Face” is featured up front with Ice Cube LED headlights and LED daytime running lights.

Kia-three-row-EV
Kia Caren Clavis MPV (Source: Kia)

On the rear, the tail lamps are connected with a full-length LED light bar featuring Kia’s signature Starmap lighting.

The interior is expected to remain about the same as the gas Carens Clavis, with a “best-in-segment” infotainment system screen featuring dual 12.3″ navigation and driver display screens in a panoramic curved setup.

Check back soon for prices and final specs on July 15 when Kia officially launches the new three-row EV.

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