Connect with us

Published

on

Eli Electric, the manufacturer of the popular Eli ZERO electric microcar, announced this morning the opening of reservations in the US.

Microcars, often referred to as quadricycles in Europe and Low-Speed Vehicles (LSVs) or Neighborhood Electric Vehicles (NEVs) in the US, are a niche category designed largely for urban travel. Many new automakers in the category have failed to gain traction, often selling mere dozens of units.

But the Eli ZERO has so far proven popular in the markets it has already launched in across Europe and Asia, with hundreds of models already on the streets (did I mention the ‘niche’ thing?).

Now the pint-sized EV maker is bringing the Eli ZERO to the US, opening up $200 refundable deposits to reserve the $11,900 vehicle. Deliveries are expected to begin in Q3 2024, so it looks like reservation holders won’t have to wait very long.

The model heading stateside is an upgraded version designed to meet the National Highway Traffic Safety Administration’s regulations for LSVs, allowing it to be street-legal at the federal level. That permits owners to operate it like a traditional vehicle, but only on roads posted up to 35 mph (56 km/h). In other words, most roads in most cities.

Eli has now boosted its production capacity to 4,000 vehicles per year and will use a dealership model to sell and distribute its ZERO vehicles in the US.

As the company’s founder and CEO Marcus Li explained:

“Our goal is to transform urban trips, empowering riders to reconnect with their communities through compact and agile EVs that allow for a better utilization of urban space, reduced congestion, ease of parking and ultimately an improved quality of life in cities. Introducing the Eli ZERO to the U.S. market, we’re not only riding the wave of an emerging mobility revolution, but also redefining personal vehicles in an innovative way that benefits both traffic and the environment.”

The two-seater vehicle features a rather large battery, at least by LSV standards. The 8 kWh LiFePO4 battery for the European model is rated for up to 60 miles (100 km) of range, but the company announced that the US model will receive an even higher range of 90 miles (145 km), presumably meaning the vehicle will feature a larger battery.

The 3.2 kW on-board charger can recharge the vehicle in under three hours on 240VAC, or under 5 hours on 120VAC.

The top speed is limited to 25 mph (40 km/h) to comply with federal regulations for the vehicle class.

In addition to two fairly traditional car seats, there’s a 160L (5.6 cubic feet) trunk for storage in the rear. That’s not exactly a huge trunk, but it’s not a huge vehicle, either.

The length of the ZERO is just 88 inches, which is actually shorter than the width of a GMC HUMMER EV. Not only could it park nose-in within the same spot a HUMMER parallel parks in, but you could fit nearly four Eli ZEROs in that same parallel parking spot. Or to translate that into something that actually matters to most people, you could park a ZERO in that corner “not a spot” at the local grocery store, daycare, yoga studio, or wherever else driving an SUV would be overkill.

While the Eli ZERO is not technically a car, it still features many car-level features such as heat and A/C, keyless entry and start, power steering, anti-lock brakes, electronic parking brake, rearview camera, radar sensors for parking, tilting sunroof, and an optional Sony infotainment center with CarPlay and Android Auto.

That means that it feels and drives more like a traditional car, at least until you hit the 25 mph speed limiter.

In addition to the current list of features, the company says that ahead of the official launch later this year, it will announce several innovative new features that “will be a first in the LSV industry.”

Eli Zeros are popular in Bora Bora (seriously)

Electrek’s Take

In my opinion, the proliferation of LSVs in the US can not come soon enough! While there are a few options, they’re still quite limited in number and variety.

These handy vehicles are exactly what this country needs: the antidote for an epidemic of oversized SUVs and ego-extenders. Not only are they more convenient to drive and park in cities than full-size vehicles, but if the old adage about big vehicles being used for “compensation” is true, then there’s no better wingman than rolling up in a tiny car like this.

I actually had a chance to take one of the first rides ever in the Eli Zero before it began sales back in late 2021 while visiting Italy. I was surprised to see just how roomy it felt inside despite the small footprint of the vehicle. I took a more recent test drive the next year along with the company’s founder Marcus Li, who explained to me that it’s the transparent door design that helps create that spacious illusion, removing the cramped feeling that many micro-cars suffer from.

The funny thing here is that I can already tell you what the detractors are going to say: that it’s an overpriced, glorified golf cart. And I can already tell you how hilariously wrong they are. First of all, it’s cheaper than average golf cart these days (if you don’t believe me, do a quick internet search for golf cart dealers in the US and look at the shocking prices). And secondly, this is way nicer than a golf cart, offering features like air conditioning, parking sensors, and keyless entry/starting.

Sure, it’s not going to meet the needs of a family of four taking their kids to a soccer game in the next town over, but it’s not meant to. It’s meant for folks who just need a one or two-seater and live in a city. I’d already have my name on the list if I was in the US more often (it wouldn’t be my first or even my second micro-EV I’ve had in the US). I mean, why not? I’d have all summer to think of a way to justify it to my wife!

Screenshot

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

CNBC Daily Open: Most people don’t start a political party after separation

Published

on

By

CNBC Daily Open: Most people don't start a political party after separation

US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.

Francis Chung | Bloomberg | Getty Images

When they find themselves without a significant other, most men finally start living: They pay attention to their personal grooming, hit the gym and discover new hobbies.

What does the world’s richest man do? He starts a political party.

Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”

Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.

It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.

To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.

Folks, here’s direct democracy — and the powerful post-separation motivation — in action.

 — CNBC’s Erin Doherty contributed to this report.

What you need to know today

Trump confirms tariffs will kick in Aug. 1. That postpones the deadline by a month, but tariffs could “boomerang” back to April levels for countries without deals. Trump on Friday said letters with “take it or leave it” offers will go out to 12 countries Monday.

U.S. stock futures slipped Sunday. Despite the White House pushing back the return of “reciprocal” tariffs, some investors could be worried trade negotiations would result in higher-than-expected duties. Europe’s Stoxx 600 index dropped 0.48% Friday.

OPEC+ members to increase oil output. Eight members of the alliance agreed on Saturday to hike their collective crude production by 548,000 barrels per day, around 100,000 more than expected.

Elon Musk forms a new political party. On Saturday, the world’s richest man said he has formed a new U.S. political party named the “American Party,” which he claims will give Americans “back your freedom.”

[PRO] Wall Street is growing cautious on European equities. As investors seek shelter from tumult in U.S., the Stoxx 600 index has risen 6.6% year to date. Analysts, however, think the foundations of that growth could be shaky.

And finally…

Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.

Pascal Rondeau | Hulton Archive | Getty Images

The CEO mindset is shifting. It’s no longer all about winning

https://www.cnbc.com/2025/07/06/the-ceo-mindset-is-shifting-its-no-longer-all-about-winning.html

CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.

In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure. 

— Spriha Srivastava

Continue Reading

Environment

Honda now has an electric Ruckus. Will they bring it to the US?

Published

on

By

Honda now has an electric Ruckus. Will they bring it to the US?

The Honda Ruckus has earned cult status thanks to its minimalist styling, exposed frame, and seemingly endless customizability. The scooter, also known in international markets as the Honda Zoomer, has spent years being seen as a blank canvas for scooter tuners, urban commuters, and anyone who just wanted something simple, small, and kind of weird to zip around town. A few years ago, Honda finally answered the call for an updated version by announcing and producing the “Zoomer e:”, which was an electric version of the Honda Ruckus. So where is it?

When Honda launched the all-electric version of the Ruckus, the Zoomer e:, back in 2023, many fans hoped it was only a matter of time before we saw it quietly glide onto U.S. streets.

But two years later, there’s still no sign of a stateside release, and no indication that Honda plans to change that anytime soon.

The Zoomer e: was first introduced in China in early 2023 alongside two other retro-inspired electrics: the Cub e: and Dax e:.

Advertisement – scroll for more content

The Zoomer e: keeps the stripped-down, industrial look of the classic gas-powered Ruckus, but swaps the 49cc engine for a 400W rear hub motor and a 48V 24Ah battery (around 1.15 kWh).

It was originally given a top speed of a mere 25 km/h (15.5 mph) to keep it street legal as an electric bicycle in its first market of China, where it also came with functional but stubby pedals so riders could pretend it was actually pedalable.

The first version of the electric scooter claimed a range of up to 80–90 km (50–56 miles) from its removable lithium-ion battery, depending on conditions.

An advertisement for a Honda Zoomer e: in the Philippines via Facebook

We’ve since seen the performance bumped up to 40 km/h (25 mph) top speeds when the scooter was introduced into the Philippines market, where the local L1B classification allowed for higher speeds. It’s fairly obvious that the performance can be software-tweaked by Honda depending on the market, though likely to a limit. To achieve speeds much higher than 25 mph, a motor and controller swap may be required, though neither would be complicated.

In other words, the electric Ruckus’ debut revealed an ultra-lightweight, street-legal runabout designed for countries with expansive low-speed e-bike laws. But in the U.S., these types of quasi-e-bikes that are actually scooters are few and far between. The same performance can be had from a $1,000 electric bicycle, and in fact, Class 3 e-bikes in the US can go nearly twice as fast as the original electric Ruckus.

So Honda obviously hasn’t been in a rush to bring its low-spec version of the bike to the US market, where it would be a slower and heavier competitor to the wide range of cheap imported electric bicycles. However, its iconic design and cultural legacy have kept enthusiasm up for riders who have managed to privately import their own models. One Redditor appears to have imported two Honda Zoomer e: models in parts to assemble in the US, while someone else posted a YouTube video of his completely assembled Honda Dax e: model that was launched along the Zoomer e:.

Despite clear consumer interest and a growing market for low-speed electric vehicles, as well as Honda’s own proven interest in growing its electric scooter market, the company hasn’t made any moves to release the Zoomer e: in the US. That’s not surprising since America still lacks a robust electric scooter culture (or even a gasoline scooter culture, for that matter), and anything motorcycle-shaped that doesn’t hit 30+ mph tends to get passed over by mainstream buyers.

But perhaps that could change one day. Technically, bringing the Zoomer e: to the US wouldn’t be a monumental task for Honda. The U.S. is a self-certify country, meaning Honda could design a version that meets federal vehicle safety standards, beef up the motor and controller for higher speeds, and sell it as either a Class 2/3 e-bike, or perhaps more appropriately, as a low-speed motorcycle with a top speed in the 35-45 mph range (55-70 km/h).

With the rise of micromobility, electrification, and growing frustration with car-centric cities, now might actually be the perfect time for a reborn electric Ruckus to hit US roads. But until Honda decides to take that step, American riders will have to keep dreaming – or start importing.

A private import of a Honda Zoomer e: to the US

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

BMW ups the ante with the fastest, most powerful electric maxi-scooter

Published

on

By

BMW ups the ante with the fastest, most powerful electric maxi-scooter

BMW Motorrad’s futuristic electric scooter just got its first real refresh since beginning production in 2021. The BMW CE 04, already one of the most capable and stylish electric maxi-scooters on the market, now gets a set of upgraded trim options, new aesthetic touches, and a more robust list of features that aim to make this urban commuter even more appealing to riders looking for serious electric performance on two wheels.

The BMW CE 04 has always stood out for its sci-fi styling and high-performance drivetrain. It’s built on a mid-mounted liquid-cooled motor that puts out 31 kW (42 hp) and 62 Nm of torque. That’s enough to rocket the scooter from 0 to 50 km/h (31 mph) in just 2.6 seconds – quite fast for anything with a step-through frame.

The top speed is electronically limited to 120 km/h (75 mph), making it perfectly capable for city riding and fast enough to hold its own on highway stretches. Range is rated at 130 km (81 miles) on the WMTC cycle, thanks to the 8.9 kWh battery pack tucked low in the frame.

But while the core performance hasn’t changed, BMW’s 2025 update focuses on refining the package and giving riders more options to tailor the scooter to their taste. The new CE 04 is available in three trims: Basic, Avantgarde, and Exclusive.

Advertisement – scroll for more content

The Basic trim keeps things clean and classic with a Lightwhite paint scheme and a clear windshield. It’s subtle, sleek, and very much in line with the CE 04’s clean-lined aesthetic. The Avantgarde model adds a splash of color with a Gravity Blue main body and bright São Paulo Yellow accents, along with a dark windshield and a laser-engraved rim. The top-shelf Exclusive trim is where things get fancy, with a premium Spacesilver metallic paint job, upgraded wind protection, heated grips, a luxury embroidered seat, and its own unique engraved rim treatment.

There are also a few new tech upgrades baked into the options list. Riders can now spec a 6.9 kW quick charger that reduces the 0–80% charge time to just 45 minutes (down from nearly 4 hours with the standard 2.3 kW onboard charger). Tire pressure monitoring, a center stand, and BMW’s “Headlight Pro” adaptive lighting system are also available as add-ons, along with an emergency eCall system and Dynamic Traction Control.

BMW has kept the core riding components in place: a steel-tube chassis, 15-inch wheels, Bosch ABS (with optional ABS Pro), and the impressive 10.25” TFT display with integrated navigation and smartphone connectivity. The under-seat storage still swallows a full-face helmet, and the long, low frame design means the scooter looks like something out of Blade Runner but rides like a luxury commuter.

With these updates, BMW seems to be further cementing the CE 04’s role at the high end of the electric scooter market. It’s not cheap, starting around €12,000 in Europe and around US $12,500 in the US, with prices going up from there depending on configuration. However, the maxi-scooter delivers real motorcycle-grade performance in a package that’s easier to live with for daily riders.

Electrek’s Take

I believe that the CE 04’s biggest strength has always been that it’s not trying to be a toy or a gimmick. It’s a real vehicle. Sure, it’s futuristic and funky looking, but it delivers on its promises. And in a market that’s still surprisingly sparse when it comes to premium electric scooters, BMW has had the lane mostly to itself. That may not last forever, though. LiveWire, Harley-Davidson’s electric spin-off brand, has teased plans for a maxi-scooter-style urban electric vehicle in the coming years, but as of now, it remains something of an undefined future plan.

Meanwhile, BMW is delivering not just a concept bike but a mature, well-equipped, and ready-to-ride electric scooter that keeps improving. For riders who want something faster and more capable than a Class 3 e-bike but aren’t ready to jump to a full-size electric motorcycle, the CE 04 hits a sweet spot. It delivers the performance and capability of a commuter e-motorcycle, yet with the approachability of a scooter. And with these new trims and upgrades, it’s doing it with even more style.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending