Priority Glide launched as one of the lowest-cost Gates belt drive e-bikes
In a market full of complicated tech, sky-high torque specs, and smartphone apps to control an e-bike, New York-based Priority Bicycles is going in the opposite direction with the launch of its newest model: the Priority Glide, a lightweight, fuss-free e-bike that brings belt drive simplicity to the masses.
Unveiled yesterday, the Glide appears to be built for riders who want a clean, low-maintenance electric bike without the intimidating menus or mechanical clutter.
It sticks with the same game plan that has come to define Priority Bicycles: rolling out high-end bicycles designed to be almost entirely maintenance free, yet at prices well below the typical bike shop sticker shock.
In this case, with an MSRP of $1,799 plus a $400 off launch discount until August 4 (discount code RIDEAGLIDE), it also happens to be one of the most affordable electric bikes on the market featuring a Gates Carbon Drive belt system paired with an internally geared rear hub transmission. We’ve seen low-cost belt drive e-bikes before, but they are generally single-speed bikes.
With the Priority Glide, you not only get the much-lauded maintenance-free Gates carbon belt drive system, but you also get the equally maintenance-free Nexus 3 rear hub transmission, which replaces a derailleur for simpler, cleaner, and hassle-free shifting – even at a stop.
The Glide slots in below Priority’s existing E-Classic Plus, maintaining the company’s signature style: classic lines, upright posture, and zero grease. The frame uses a dropped top tube for an easier step-over design, which strikes a balance between traditional geometry and easy on-off access. Add in dual-piston hydraulic disc brakes on 180mm rotors, 700c x 38mm puncture-resistant tires, double center kickstand for stable upright parking, front and rear LED lights, full composite fenders, and a thumb throttle, and you’ve got a commuter-friendly package designed to keep things simple, clean, and easy to ride on either pedal assist or throttle operation.
With a max payload of 300 lb (136 kg) and available in two different frame sizes, the Glide is designed to better fit a range of riders. And with two color offerings of blue and black, it’s also hoping to fit a range of tastes.
The Glide is powered by a 350W front hub motor paired with a 374Wh removable battery tucked into the downtube. Together, they help the bike reach a top assisted speed of 20 mph (32 km/h). Range is listed as 20 miles (32 km) on throttle or up to 60 miles (96 km) with pedal assist.
It’s a modestly powerful setup, but one that should be enough for neighborhood rides, errands, or a short daily commute. The reduced motor and battery size also help the bike tip the scales at just 49 lb (22.2 kg), making it one of the few sub-50 lb direct-to-consumer e-bikes on the market these days.
With the lower power motor, the somewhat lower capacity battery should last a bit longer, providing modest assist that doesn’t overwhelm. Riders get three pedal assist levels to choose from, at least when they’re not making use of that thumb throttle, and the bike’s Shimano Nexus 3-speed internal hub helps keep shifting smooth. One of the best features of an internally geared rear hub is that shifting can be done while standing still, such as when a rider has forgotten to downshift after a speedy section (which seems to happen at least once a week to me).
The other major advantage of internally geared hubs is of course that there’s no derailleur to fiddle with, no chain to lube (thanks to the belt drive), and no overly complicated electronic shifting. Just hop on, tap the throttle if you feel like cheating a hill, and cruise.
“Riding should be simple, enjoyable, and something people look forward to every day,” said Priority co-founder and CMO Connor Swegle. “Our goal with the Glide is to remove the barriers that keep people from riding more—whether that’s complicated maintenance, intimidating tech, or bulky designs.”
Electrek’s Take
I’ve become a big fan of Priority Bicycles since I bought my first one back in 2020. They’re well known for building with higher quality parts (they don’t rust because they use non-corroding hardware, for example), let alone the fact that they always opt for Gates belt drives and other high-end drive components. And the reason they can offer such good bikes at reasonable prices is because they offer a hybrid model. Founded and run by true cyclists, they have their traditional bike shop in Manhattan yet also operate as a direct-to-consumer company, allowing them to cut out the bike shop model and offer lower costs to consumers. In this case, they’ve demonstrated that advantage quite well with the Priority Glide.
In a world of carbon-framed fancy bikes that cost an arm and a leg, or torque monsters that can lay down a rubber snake in the bike lane, it’s refreshing to see a company lean into the simple joy of riding. The Priority Glide won’t win drag races or cross mountain ranges, but that’s not the point. It’s a clean, practical, approachable ride designed especially for folks who want an electric bike that looks and feels like a regular bike, but that doesn’t require the maintenance of a regular bike. And with parts like a Gates belt drive, nice hydraulic brakes, and a Shimano Nexus 3 at this price, it’s hard not to be impressed.
The cherry on top would have been a torque sensor, which would have had me over the moon, but hey – I guess they have to leave me something to whine about!
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Tesla (TSLA) released its financial results and shareholders’ letter for the second quarter (Q2) 2025 after market close today.
We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information.
Tesla Q2 2025 earnings expectations
As we reported in our Tesla Q2 2025 earnings preview yesterday, the Wall Street consensus for this quarter was $22.279 billion in revenue and earnings of $0.40 per share.
The expectations had been significantly downgraded over the last month, as analysts were surprised by Tesla’s announcement of much lower deliveries than expected in the first quarter.
How did Tesla do compared to expectations?
Tesla Q2 2025 financial results
After the market closed today, Tesla released its financial results for the first quarter and confirmed that it delivered on expectations with earnings of $0.40 per share (non-GAAP), and it exceeded revenue expectations with $22.496 billion during the last quarter.
Tesla’s earnings per share are down 23% year-over-year amid a booming EV market.
Operating income decreased 42% year-over-year to now less than $1 billion, and almost half of it came from regulatory credits.
Tesla’s cash on hand has decreased this quarter for the first time in years. The company lost about $200 million of its giant war chest – now sitting at $36.8 billion.
We will be posting our follow-up posts here about the earnings and conference call to expand on the most important points (refresh the page to see the most recent posts):
Here’s Tesla’s Q2 2025 shareholder presentation in full:
Here’s Tesla’s conference call for the Q2 2025 results:
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Optimus, Tesla’s humanoid robot, which CEO Elon Musk claims is ahead of the industry and will sell in the trillions of dollars, failed while serving popcorn on the first day of Tesla’s new diner launch.
Musk has been touting Optimus as a revolutionary product that will generate “trillions of dollars” per year for Tesla.
It’s the latest pivot that the CEO has led Tesla into, as electric vehicle sales are declining, and it is becoming increasingly clear that its self-driving effort is unlikely to be profitable anytime soon.
The company needs new revenue streams to justify a $1 trillion valuation, given its declining revenue and earnings.
However, we have been reporting on how the program appears to be in shambles lately.
Last month, Tesla’s head of the program, Milan Kovac, left the company just a few months after being promoted to vice-president.
Earlier this month, we learned that Tesla paused production to perform some much-needed upgrades to the current version of the robot, as it is reportedly currently only able to move some batteries within Tesla’s workshop at a rate lower than that of human workers.
That’s despite Tesla claiming for months that the robot is already performing useful work within its factories and plans to ramp up production to 100,000 units per month next year, with the goal of starting to sell the robot.
Aside from gullible Tesla shareholders, not many people believe this narrative. The main issue is that Tesla is not seen as having a lead in humanoid robots, which is still a nascent industry, and its previous demonstrations have been misleading.
For example, Tesla was less than forthcoming about its robots being teleoperated by humans during its ‘We, Robot’ event last year.
The launch of its new diner in Los Angeles was the latest occasion to showcase Optimus. Tesla had an Optimus robot serve popcorn to customers.
Again, Tesla employees at the event confirmed to attendees that the robot was teleoperated, which makes the demonstration unimpressive to start with, but the disappointment doesn’t stop there.
The robot was seen frozen and stopped operating during the first day of the Tesla diner launch.
Attendees were told that the robot lost connection.
Electrek’s Take
To be clear, Tesla can only get the Optimus robot to serve popcorn for a short period before it fails, even with the use of human teleoperation.
Yet, Musk claims that Tesla will make 100,000 of these next year and sell them to customers.
It makes no sense. It’s similar to Tesla’s robotaxi service in Austin, which requires teleoperation and a human safety monitor with a finger on a kill switch at all times.
That said, I honestly believe that Tesla will be able to scale Optimus faster than its robotaxi service. However, they will both scale much slower than Tesla shareholders currently believe and the competition is already ahead of both.
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BYD officially launched the Atto 1 in Indonesia on Wednesday. Starting at just $12,000 (IDR 195 million), the Atto 1 is now one of the most affordable EVs on the market.
BYD launches the Atto 1 entry-level EV
The Atto 1 is a rebadged version of BYD’s top-selling electric car in China, the Seagull EV. BYD’s smallest and most affordable EV is sold under the names Dolphin Mini and Dolphin Surf in other overseas markets.
BYD introduced the Atto 1 at the Gaikindo Indonesia International Auto Show (GIIAS) on Wednesday, priced from IDR 195 million, or about $12,000.
The new entry-level EV is available in two trims: Standard Range Dynamic and Long Range Premium. Powered by a 30.08 kWh BYD Blade battery, the standard range Atto 1 Dynamic offers a NEDC range of 300 km (186 miles).
Upgrading to the Premium model costs IDR 235 million ($14,500), but it’s equipped with a bigger 38.88 kWh battery, providing an NEDC range of 380 km (236 miles).
The interior resembles that of other BYD brand vehicles, featuring a minimalist, high-tech smart cockpit. It features a 10.1″ intelligent touchscreen with Apple CarPlay and Android Auto, as well as a 7″ digital driver’s instrument display.
Meanwhile, the Long Range Premium version comes with an added wireless charging pad and a tilt-and-telescopic steering wheel.
At 3,959 mm long, 1,720 mm wide, and 1,590 mm tall, the Atto 1 is smaller than a Toyota Yaris, but slightly bigger than the Kia Picanto.
“This launch in Indonesia marks the first release of the Atto 1 in ASEAN, and the car is now available for pre-order,” BYD Indonesia’s operations director, Nathan Sun, said at the event.
The Atto 1 is BYD’s third electric vehicle to arrive in Indonesia, and the brand’s most affordable yet. BYD also sells the Seal, starting at IDR 629 million, Atto 3 SUV (IDR 515 million), and Dolphin (IDR 425 million).
Indonesia is the largest auto market in Southeast Asia, and EV sales are picking up with new government policies supporting local production. In the first half of the year, the EV market share doubled to 10% from 5% in the same period last year.
Earlier today, Toyota, which controls around 30% of the Indonesian auto market, announced plans to begin building EVs locally by the end of 2025.
Source: JakartaGlobe, BYD Indonesia
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