New Blix Vika X Folding e-bike launches at $1,699 with free bonus gear
Alongside its ongoing Labor Day sale, Blix has launched its new Vika X Folding e-bike at a discounted $1,699 rate and some free gear thrown in too. It will be normally priced at $1,799, but today you’re getting a pleasant $100 shaved off, which isn’t a whole lot, but seeing as a lot of company’s are releasing new models at their MSRPs lately, it’s appreciated here. You’ll also be getting Vika X carrying bag, valued at $99, that folds into itself, making it simple to attach to the rear carrier.
Blix’s Vika X Folding e-bike arrives onto the micromobility scene with a rear-geared 500W hub motor paired with a 614.4Wh battery (barely beating the Vika+ Flex’s 614Wh). It offers three levels of pedal assistance that is supported by the newly added torque sensor. You can actively switch between either class 2 or class 3 settings here, giving you a 20 MPH to 28 MPH top speed range depending on what you prefer while getting up to 70 miles of travel range depending on what settings you go with.
The Vika X e-bike has been given an optional automatic shifting functionality that will adjust gear shifting and motor power to match the rider’s pedaling, or if you prefer making those decisions on your own, gears can be switched between electronically at the simple press of a button, bringing some convenience into the build. Along with this new feature, there’s a bunch more that enhances riding safety, like the added brake light and turn signal capabilities to the integrated taillight, an auto-adjusting backlit color display, a more powerful integrated high-beam headlight – plus, there’s even a speaker-based electronic horn and hydraulic disc brakes that have been thrown on too. Of course, as the name implies, its frame folds down to a 36-inch x 21-inch x 28.5-inch size for easier storage and transport options.
Blix Labor Day sale offers up to $687 in combined savings on three e-bikes starting from $1,399
Blix Bikes’ ongoing Labor Day sale that is taking $500 off three e-bikes and giving away up to $187 in free gear. As a lover of versatility in EVs, the standout for me is the Packa Genie Cargo e-bike for $1,599 shipped. It would normally run you $2,099 most days outside any such sale, and has often been dropping between $1,699 and $1,899 for most of the sales in 2024, though we did see it drop as low as $1,499 once back in April. It lands here at its second-lowest price that we have tracked and even beats out its Black Friday and Christmas pricing from last year by $100, with nearly as much free gear too. Speaking of the free gear, you’ll be getting a pair of running boards alongside a cushioned seat for its rear rack to provide either a comfortable place for a passenger or a dedicated space for other cargo/packages/bags. You can get an in-depth rundown on what to expect in our hands-on review or head below to learn more.
The Packa Genie cruises onto the scene stocked with a 750W geared rear hub motor (peaking at 1,350W) alongside the 672Wh battery and five levels of pedal assistance that comes supported by a 12-magnet cadence sensor (sorry, torque sensor purists). It is a class 2 model so it hits a maximum 20 MPH speed with a 40-mile travel distance for the single battery model, or you can double up the batteries for double the travel range at $400 more. There is also a throttle for pure electric action, though keep in mind relying on it alone will likely drop the travel range down around 25 miles somewhere.
It comes with some nice extra features too, with a full digital display that even has a USB port for charging your phone as you ride – which is always appreciated as someone who uses my phone’s GPS to navigate the city streets. There’s also puncture-resistant tires, fenders over top both of those, integrated head and taillights, a smart bell, hydraulic disc brakes, 7-speed gear shifter, as well as the obvious mounting points along the rear rack which boasts a 200-pound payload. A rear wheel net guard has even been thrown on, which is essential, in my opinion, if you plan to take any kids on the ride with you.
comes with fender set, rear rack, and city tote worth $187
Save up to $1,100 on three Velotric e-bikes starting from $1,249 as Summer Sale approaches its end
Velotric’s ongoing Summer Sale that is offering up to $900 in combined savings will be ending September 2. With the weekend between us and the upcoming holiday, the brand has added some opportunities to get extra savings on three of the e-bikes that are on clearance, with one being the lightweight T1 e-bike that we covered earlier in the sale with smart features and a range extender battery that is getting an additional $200 taken off to a new $1,399 low (use code VLDeals200 at checkout). Diving into the other two models benefiting from this deal, let’s start with the Go 1 Utility e-bike for $1,249 shipped, after using the promo code VLDeals150 at checkout for an additional $150 off. Normally going for $1,699, we’ve seen it dip in and out of sales across 2024, with the lowest of the year being $1,299, though we have seen it go as low as $1,099 in past years. Today, though, the usual second-lowest price is getting undercut by $50, giving you the best rate we’ve seen in a while. You can get a hands-on rundown from our reviewor head below to learn more.
The Go 1 e-bike arrives with an equipped 500W hub motor that peaks at 900W, as well as a removable 691.2Wh battery and five levels of pedal assistance that all work in conjunction to carry you up to 55 miles on a single charge at up to 20 MPH (which can be unlocked to 25 MPH).
It has some nice bang-for-your buck features here too, like the SHIMANO 7-speed derailleur, the puncture-resistant tires (which I am always happy to see being a New Yorker), a removable thumb throttle, an a 3.5-inch LCD display with a USB port to charge your phone if you use it for navigation, an integrated LED headlight, a taillight that’s been integrated into the rear rack that also boasts brake light functionality. A nice little touch here is the inclusion of Apple Find My that offers some peace of mind for those who are concerned with theft.
The third e-bike benefitting from these extra savings is the Packer 1 Cargo e-bike at $1,549 shipped, after using the promo code VLDeals150 at checkout for an additional $150 off. This model arrives sporting the longer ‘cargo’ rear rack as opposed to the above’s shorter ‘utility’ one, with some notable features that were praised in our hands-on review. The e-bike cruises into view with a 750W rear-geared hub motor (peaking at 1,200W for areas with more hills as well as larger hauls) and a 691.2Wh battery like the Go 1. You can hit top speeds of 20 MPH (which can be unlocked to 25 MPH too), with a 52 miles on a single charge when primarily using the pedal assistance, though there is the throttle to go pure electric when you want it.
You’re looking at a SHIMANO 8-speed derailleur here, 4-piston hydraulic disc brakes, puncture-resistant tires once again, the same headlight and taillight integrated into the rack as above, as well as the same 3.5-inch LCD display with a USB port and Apple Find My capabilities. Plus, it has a 440-pound payload, meaning it can handle some bigger riders while smaller riders can easily take passengers along with them.
Lectric XP Lite 2.0 Long-Range e-bikes with $148 in free gear (pre-order): $999 (Reg. $1,245)
Lectric XP Lite 2.0 e-bikes with $148 in free gear (pre-order): $799 (Reg. $947)
Best new Green Deals landing this week
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
The all-electric luxury electric SUV is getting significantly cheaper. Lexus launched a new entry-level 2025 RZ trim with starting prices over $10,000 less than last year’s model. And you get just as much driving range.
2025 Lexus RZ electric SUV prices and driving range
Lexus launched its first dedicated EV last year, the RZ electric SUV. Starting at $55,175, the 2024 Lexus RZ 300e has a range of up to 266 miles.
The 2024 RZ 450e AWD, equipped with its dual-moto DIRECT4 system, has a range of up to 196 miles. Prices start at just under $60,000. Both models are offered in Premium or Luxury packages.
Lexus is drastically lowering prices for the 2025 model year. The 2025 Lexus RZ starts at $43,975, and that includes the $1,175 delivery fee.
At under $44,000, prices for the 2025 RZ start at over $10,000 less than last year’s model. The lower price tag comes as Lexus added a new entry-level RZ 300e FWD trim to the lineup.
The 2025 Lexus RZ 300e FWD still has an EPA-estimated 266-mile range (18″ wheels), so despite the lower price, it’s no loss from last year’s model. It’s powered by a 72.8 kWh battery pack from global leader CATL.
2025 Lexus RZ 450e (Source: Lexus)
Lexus modified the subframe for the FWD model, replacing the rear eAxle from the AWD model. The result is a quieter, smoother drive.
Powered by a 71.4 kWh battery, the 2025 RZ 450e AWD has an EPA-estimated driving range of up to 220 miles (18″ wheels).
2025 Lexus RZ model
Starting Price*
EPA-estimated Driving Range
RZ 450e AWD
$48,675
220 miles
RZ 450e Premium AWD w/ 18″ Wheel
$52,875
220 miles
RZ 450e Premium AWD w/ 20″ Wheel
$54,115
196 miles
RZ 450e Luxury AWD
$58,605
220 miles
RZ 300e FWD
$43,975
266 miles
RZ 300e Premium FWD w/ 18″ Wheel
$48,175
266 miles
RZ 300e Premium FWD w/ 20″ Wheel
$49,415
224 miles
RZ 300e Luxury FWD
$53,905
266 miles
2025 Lexus RZ electric SUV prices and range (*Includes Delivery, Processing and Handling fee of $1,175)
The 2025 Lexus RZ is available in three grades. These include the new entry-level model, in addition to the current Premium and Luxury trims.
Inside, the electric SUV has a minimalistic feel with a standard 14″ infotainment with Apple CarPlay and Android Auto support at the center.
You can also opt for the available 10″ head-up display (HUD), Mark Levinson Surround Sound System, and a host of safety features.
The flat platform provides a spacious interior with 37.52″ of rear legroom, nearly as much as the second row of a Ford Explorer (39″).
With the 2025 model arriving at dealerships soon, Lexus is offering closeout prices on 2024 models with up to $18,500 in lease cash discounts. You can use our link to find the best offers on the Lexus RZ at a dealer near you today.
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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Markets dipped lower Friday after a rough week for the S & P 500 , which fell 1.7%. Investors are grappling with the potential impact of a Trump presidency, but Jim Cramer argued this “unease on Wall Street” is premature since we still don’t know how the economy will respond to the new administration. Meanwhile, energy and financials are the top-performing sectors, driven by hopes for deregulation and a pro-business environment. Coterra , our oil and natural gas play, stands to gain from increased drilling activity. Jim would “love to double down on Coterra” since data centers will turn more to natural gas to meet soaring energy needs. 2. Jim said he was nervous about Best Buy , the electronics retailer expected to benefit from the refresh AI-powered PC cycle. He’s concerned about how potential China import tariffs under a Trump presidency would squeeze Best Buy’s operating profit, since many electronics sold by the retailer are manufactured in China. Jim debated on Friday whether to trim Best Buy, but hesitated since it is more of a 2025 play. With a small 2% stake in the company, we’re opting to keep a close watch on sales trends, especially as the latest retail data shows strength in electronics and appliances — an encouraging sign heading into the holiday shopping season. 3. A bright spot in a down market is solar company Nextracker . Solar stocks rose Thursday after a Reuters report suggested clean energy policies under Biden’s Inflation Reduction Act “will be tough to roll back” as companies have already poured money into the programs. Nextracker rallied more than 6% Thursday on hopes that solar might be spared. However, the stock gave up some of those gains Friday, slipping 3%. Jim pointed out that Trump isn’t against solar companies, but rather he’s against the parts made overseas. Nextracker’s solar solutions are made in the U.S. 4. Stocks covered in Friday’s rapid fire at the end of the video were Berkshire Hathaway and Alibaba . (Jim Cramer’s Charitable Trust is long CTRA, BBY, NXT. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
U.S. Secretary of Energy Jennifer Granholm speaks to the media on day five at the UNFCCC COP29 Climate Conference on November 15, 2024 in Baku, Azerbaijan.
Sean Gallup | Getty Images News | Getty Images
A potential decision by Donald Trump to walk back the Biden administration’s climate-geared projects would impact jobs in areas governed by the President-elect’s own party, outgoing U.S. Energy Secretary Jennifer Granholm told CNBC, urging consistency in Washington’s green transition policies.
Referencing the White House’s withdrawal from the Paris Agreement — a 2015 treaty in which nearly 200 governments made non-binding pledges to reduce greenhouse emissions — during Trump’s first mandate, Granholm said the U.S. pressed ahead with projects linked to the green transition that members of Congress wanted to undertake in their districts.
“We are now building all of these projects. We’re building batteries for electric vehicles, we’re building the vehicles, we’re building the offshore wind turbines, we’re building the solar panels. And all of those are factories. And those factories are in districts of members of Congress,” she told CNBC’s Dan Murphy on Friday at the COP29 U.N. climate conference held in Baku, Azerbaijan.
She estimated that 80% of the funding from U.S. President Joe Biden’s legacy bills — the Inflation Reduction Act and the Bipartisan Infrastructure Law — went to U.S. districts represented by Republican leadership.
“It would be political malpractice to undo those opportunities when people are just now getting hired,” she said, stressing benefits to the manufacturing sector and noting that the business community of the world’s largest economy and oil producer now wants a clear course from Washington on its climate policy.
“This isn’t about in [the Paris Agreement], out, shifting back and forth. Let’s have a consistent practice,” she said.
When asked for a response on Granholm’s comments, Karoline Leavitt, a spokeswoman for Trump’s transition team, said the president-elect will “deliver” on the promises he made on the campaign trail.
International focus has now shifted on the shape of the U.S.’ future role in global climate policy, as Trump prepares to take the helm at the White House for a second mandate in January, following a sweeping victory against Democrat candidate Kamala Harris. Trump — who has yet to announce his own pick to lead the U.S. Department of Energy — put hydrocarbons at the front and center of his campaigning agenda, pledging to “end Biden’s delays in federal drilling permits and leases that are needed to unleash American oil and natural gas production.”
The U.S. Energy Information Administration (EIA) in March said that the country already “produced more crude oil than any nation at any time” for the past six years to 2023, averaging a crude oil and condensate production of 12.9 million barrels per day that year — breaking the previous U.S. and global record of 12.3 million barrels per day recorded in 2019, during Trump’s first mandate.
Yet Granholm on Friday stressed that the clean transition is also “unleashed” and will take place regardless of who is leading the White House — and that ignoring climate change risks sacrificing Washington’s position as a frontrunner in the blooming decarbonization industry.
“Why would we take a second, a backseat to an economic competitor like China?” she asked. “They have an economic strategy, they want to be number one. So if we get out of the game, we’re just going to cede that territory all over again. It’s bad strategy for the United States and for workers and for communities across the country.”
As the world braces for the possibility of a second U.S. exit from the Paris Agreement, some climate activists note that the green transition has now gained a different global momentum than during Trump’s first turn at the White House:
“There is no denying that another Trump presidency will stall national efforts to tackle the climate crisis and protect the environment, but most U.S. state, local, and private sector leaders are committed to charging ahead,” Dan Lashof, U.S. director of the World Resources Institute, said in a Nov. 6 statement.
“Donald Trump heading back to the White House won’t be a death knell to the clean energy transition that has rapidly picked up pace these last four years.”
Granholm also identified potential support in Trump’s current entourage, which this week welcomed business tycoon Elon Musk as the president-elect’s choice to head a new Department of Government Efficiency, alongside conservative activist Vivek Ramaswamy:
“His right-hand man, Elon Musk, is somebody who has been strongly in favor of products that … address climate change. Obviously, he’s the founder of Tesla,” Granholm pointed out.
Musk’s environmental stance has come under question over the years, shifting from telling Rolling Stone magazine that “climate change is the biggest threat that humanity faces this century, except for AI” and backing carbon taxes to holding that the world needs hydrocarbon supplies as a bridge to renewable energy.