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Closing out this week’s Green Deals, we’ve spotlighted Lectric’s XPress 750 e-bikes that are coming along with $257 in free gear at $1,299. We then have the continued $600 discount on Segway’s Navimow H Series Robot Lawn Mowers that we saw during the recent Prime Day event starting from the $1,299 low. Rad Power has launched another e-bike sale with three models getting up to $300 in savings in the form of price cuts and free accessories, while EcoFlow’s River 2 Pro Portable Power Station and its bundle option return to their lowest prices starting from $379. And lastly, Best Buy is offering another one-day sale on the Hyper Jet Fuel Step-Over BMX e-bike at a new $535 low. Plus, all the other hangover Green Deals in the links at the bottom of the page, like yesterday’s exclusive new low price on Anker’s SOLIX C300 DC 90Ah power station or the big discounts on Samsung’s Bespoke all-in-one electric washer & ventless dryer, and more.

Head below for other New Green Deals we’ve found today 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.

Lectric’s XPress 750 e-bike makes a great commuting companion for up to 60 miles at $1,299 with $257 in free gear

Checking back in on Lectric’s ongoing Fall into Savings sale that still has a free extra battery offer on its XPeak Off-Road e-bikes, the brand also has a nice package deal going for one of its newer models, the XPress 750 e-bikes going for $1,299 shipped and coming along with $257 in free gear. Normally this bundle would cost you $1,556, but as is often the case with this brand’s sales, the discounts here are on the included add-on accessories for an enhanced riding experience. While it’s not the biggest bundle we’ve seen (which goes to its free extra battery launch special from April) it is definitely among the more sizable packages that we’ve seen lately, while the e-bike itself is an ideal solution to many commuter needs at an affordable rate. With the bundled gear you’ll also be adding a larger saddle and suspension seat post to the mix, alongside an 850 lux Elite headlight, and a phone mount.

Coming in both step-thru and step-over designs, Lectric’s XPress 750 e-bike has been my primary way to get around NYC for a little while now and it has surpassed most of my expectations in just how far it can carry me. It comes with a 750W rear hub motor (peaking at 1,310W for inclines), a removable 48V 14Ah battery, and five levels of pedal assistance (with an always-appreciated torque sensor and the company’s PWR+ technology) that boosts me up to 20 MPH for up to 60 miles (in states where it’s permitted, speeds can max out at 28 MPH). The commuting distance holds up as I’ll regularly take this model out for two or more hours at a time and return home with a nearly full battery after cruising around with the pedal assistance (using the throttle alone does show more battery usage).

There’s a bunch of other solid features to praise Lectric for on the XPress e-bike, like the puncture-resistant tires, hydraulic mineral oil brakes, front suspension fork, a 7-geared freewheel paired with a Shimano derailleur, removable pedals, a thru-axle wheel attachment system for tool-free installations, kickstand, a hidden cable routing system, an integrated headlight and taillight, and a full-color LCD display with a USB-A port to charge your personal device.

If you’re not concerned with the free gear but are interested in a toned-down version of Lectric’s XPress e-bike, there are two base model options that are cheaper at $999 shipped. They offer the same overall design features, except with a smaller 500W rear-hub motor (that peaks at 1,092W) and a 48V 10.4Ah battery that provides a shorter travel range up to 45+ miles.

Be sure to check out the entire lineup of e-bike bundles while Lectric’s Fall into Savings sale continues.

Segway Navimow H Series robot mowers

Segway’s Navimow H series robot mowers still benefit from $600 discounts starting from return $1,299 low

Through its official Amazon storefront, Segway Navimow is offering continuing Prime Day pricing on its H Series Robot Lawn Mowers starting from $1,299 shipped, after clipping the on-page $600 off coupon, while its two other models are down at $1,599 and $1,999, respectively with the same on-page coupons. Down from their price tags of $1,899, $2,199, and $2,599 since first hitting the market in March, discounts have been frequently dropping costs by $380 to $600 over 2024. Last seen during the recent Prime Day event, the savings are being continued here for the best opportunity to upgrade your lawn care routine at the lowest price we have tracked. You’ll also find the same $600 discount available on the largest of these models direct from Segway.

Segway’s Navimow H series includes three models that are designed to cover either 0.2-acre yards, 0.37-acre yards, or 0.74-acre yards – with the first carrying a 180-minute battery life while the other two have extended 240-minute run times. They all provide the same cutting height range from 1.2 inches to 2.4 inches, and can even climb/descend up to 24-degree slopes while completing their duties – plus, they all sport an IP66 waterproof rating to handle the aftermath of adverse weather.

The big upgrade here is ditching any need for a perimeter wire in favor of RTK positioning, paired alongside its VisionFence Sensor that enhances its navigation and obstacle avoidance functionalities. You’ll be getting the smart controls over its performance that you would expect, allowing you to overwrite and adjust its settings and schedules – though you can also let it do it’s own thing too, with the robot able to return of its own accord to the charging station when its battery gets too low and picking back up after recharging. This is possible thanks to the guidance of its Global Navigation Satellite Systems that make sure to keep it within the set boundaries and also to track it down if it gets stuck on terrain or even swiped off your property when you’re not looking.

You can also check out our recent launch coverage of Segway’s new Navimow X3 series which has been designed and upgraded to tackle yards up to 2.5 acres in size.

Lectric XPress e-bike

Rad Power offers up to $300 in savings on three e-bikes with free accessories thrown in starting from $1,399

Rad Power has another edition of its usual sales, offering up to $300 in savings on three of its e-bike models, with some in the form of free additional gear – all through October 23. This time around, the lowest price starts with the RadRover 6 Plus Step-Thru e-bike that is down at $1,399 shipped. Normally fetching $1,599 these days after Rad lowered prices across its older models at the start of 2024, this is the second-lowest price we have tracked on this model, which over the year has been overlooked for price cuts in favor of its now discontinued high-step counterpart. You’ll be saving a solid $200 on a very reliable e-bike that I have personally enjoyed riding around the swamps of Virginia, which I discussed in my Travel Kit here. Head below to get the breakdown of what to expect before hopping aboard the saddle.

While I was spending some time visiting my family down in the swamps of Virginia and North Carolina, I got to jump into the saddle of the RadRover 6 Plus e-bikes for the first time, with my parents having bought both the high-step and step-thru models. It provided me a solid riding experience that I regularly took time to partake in (especially when I needed alone time), with the 750W brushless geared hub motor and semi-integrated 672Wh battery giving me 45 miles of travel at speeds up to 20 MPH. The five levels of pedal assistance kicked on with little lag time, and gave me a consistently reliable ride for the full week of use – plus, my parents regularly use it to get around campsites and have nothing but good things to say about it.

As I mentioned in my Travel Kit coverage, this model is a great companion for rides on the streets and for when things go off-road, as the thick Kenda Juggernaut puncture-resistant tires easily tackled the swampy and varying terrain, with the water-resistant connectors providing added protections during these parts of my journeys. Along with these, the bike also comes equipped with a 7-speed Shimano derailleur, fenders to go over both wheels and a solid LCD display to monitor and switch through its settings.

More Rad Power e-bike deals:

EcoFlow RIVER 2 Pro LiFePO4 power station

EcoFlow’s RIVER 2 Pro 768Wh LiFePO4 power station covers 80% of appliances at return $379 low

Coming to us through its official Amazon storefront, EcoFlow is offering another chance to grab the RIVER 2 Pro Portable Power Station at its lowest rate of $379 shipped. Normally fetching $599, this unit has benefitted from a bunch of discounts, with most from Amazon taking costs down between $439 and $429 while some of EcoFlow’s direct 24-hour flash sales brought costs down lower to $379 during its summer and fall early Prime Day sales. Today you can score it once again at the lowest price we have tracked, which only appeared for a single day during the recent Prime Day event and saves you $220.

One of the larger models in EcoFlow’s RIVER series of compact backup solutions, the RIVER 2 Pro comes ready to assist your campsite visits and short-term power needs with a 768Wh LiFePO4 capacity that pumps out up to 1,600W of power thanks to its X-boost tech, giving it the juice to “run 80% of home appliances.” It’s a great unit to have when last minute plans are made as it can recharge its own battery in just 70 minutes by plugging into a wall outlet, with USB-C and car port plug-in options too. By taking advantage of the bundle option that also gives you a 160W solar panel at its lowest rate, you’ll also be able to utilize its solar charging capabilities that can refill the battery in up to 9 hours (it takes 3.5 to 4.5 hours using its max 220W input). There’s also the four AC ports, three USB-A ports, and only one of the USB-C ports to connect your devices and appliances to.

Notable EcoFlow power station deals:

Notable EcoFlow solar generator bundle deals:

Notable EcoFlow accessory deals:

Hyper Jet Fuel Step-Over BMX e-bike

BMX with a boost on Hyper’s Jet Fuel step-over e-bike at new $535 low for today only

Through its Deals of the Day, Best Buy is offering the Hyper Jet Fuel Step-Over BMX e-bike for $534.99 shipped. Usually going for $1,000 most of the time, we’ve seen a handful of discounts that brought costs down lower, many of them direct from Hyper and cutting the price down from a higher $1,198 price tag to land between $900 and $1,000. We’ve seen two previous one-day discounts like today, with both of them dropping the price to the former $600 low, but today those rates are being beaten out by $65 to save you $465 in total and give you a new all-time low price.

BMX riders who want to add some electric assistance to their fun will find a durable combination in this 26-inch e-bike, which can support teens and adults up to 275 pounds. It has a 250W rear-hub motor powered by the integrated flush-mounted 36V 10.4Ah battery and three levels of pedal assistance up to max speeds of 20 MPH for up to 20 miles after four hours of charging. The nice thing is that the bike isn’t weighed down by too much equipment, meaning you can also ride it like any normal bike too. It’s been stocked with a few other features like the 26-inch multi-surface fat tires, front and rear disc brakes, a premium BMX padded saddle, and a simple handlebar-mounted controller for effortless setting adjustments.

Fall e-bike deals!

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.

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BlackRock’s ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street

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October 18, 2024

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BlackRock's ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street

Marquee at the main entrance to BlackRock headquarters building in Manhattan.

Erik Mcgregor | Lightrocket | Getty Images

SALT LAKE CITY — A year ago, Samara Cohen believed there was so much pent-up demand for bitcoin that she and her team at BlackRock launched one of the first-ever spot bitcoin exchange-traded products in the U.S. Now investors are flocking in, and a lot of them are crypto enthusiasts who are new to Wall Street.

Cohen, who heads up the asset manager’s exchange-traded funds and index investments as chief investment officer, told CNBC that BlackRock now sees the demand was for a better way to access bitcoin. “It was for the ETF wrapper,” she told CNBC on stage at the Permissionless Conference in Utah.

The total market cap of all eleven spot bitcoin ETFs now tops $63 billion, with total flows of nearly $20 billion. In the last five trading days alone, spot bitcoin ETFs have seen net inflows of more than $2.1 billion, with BlackRock accounting for half of those sales.

The spike in trading volume comes as bitcoin hit its highest level since July this week, trading above $68,300. Bitcoin ended the third quarter up around 140% from the same quarter a year ago, outpacing the S&P 500, as these spot token funds and the crypto market cap move higher in lock-step. Crypto-aligned stock Coinbase closed up about 24% this week, its best week since February.

Cohen told CNBC that part of the strategy for attracting customers to its funds was teaching crypto investors about the benefits of exchange-traded products (ETPs).

13F filings, which offer quarterly reads on equity positions taken by large investors, show that 80% of the buyers of these new spot bitcoin products in the U.S. are direct investors. Of the 80% of direct investors, Cohen told CNBC that 75% had never before owned an iShare, one of the best-known and largest ETF providers on the planet.

“So we went into this journey with the expectation that we needed to educate ETF investors on crypto and on bitcoin specifically,” said Cohen. “As it turns out, we have done a lot of education of crypto investors on the benefits of the ETP wrapper.”

Before the U.S. Securities and Exchange Commission green-lit spot bitcoin funds in January, investors had a few ways to buy and custody cryptocurrencies. A centralized exchange like Coinbase was among the most user-friendly options for U.S investors. But the blockbuster debut of bitcoin ETPs has laid bare to Cohen and others across Wall Street, that crypto exchanges weren’t giving digital asset investors everything they needed.

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BlackRock’s IBIT vs. bitcoin YTD

It helps that the U.S. is a huge market for digital assets. New data from Chainalysis shows that North America remains the biggest crypto market globally, accounting for nearly 23% of all crypto trading volume. The blockchain analytics platform estimates that between July 2023 and July 2024, there was $1.3 trillion in on-chain value received.

Venture firm a16z found in its recently released State of Crypto report that more than 40 million Americans hold crypto.

So far, adoption has mostly been through wealth management clients asking advisors to add new spot crypto products to their portfolio.

The Bitcoin ETF wrapper will help investors manage risks, says BlackRock's Samara Cohen

In August, Morgan Stanley was the first big bank to allow its 15,000 financial advisors to pitch bitcoin ETFs from BlackRock and Fidelity to clients with a net worth over $1.5 million. Other firms are still performing in-house due diligence before allowing their armies of FAs to start actively pitching the funds.

“Wealth manager allocators have not been allocating,” VanEck CEO Jan van Eck told CNBC in Utah. “I mean, they’re barely even warming up.”

Van Eck drew parallels to the European market, where the company has 12 token-based products trading in Europe.

“It’s exactly what we see in Europe,” he said. “Very few private banks have really approved investment in bitcoin or ethereum or anything else in a major way.” Van Eck said his company has about $2 billion in its European crypto ETPs, and that a lot of the volume is from individual investors.

Wall Street needs rules from lawmakers on Capitol Hill before it gets more comfortable with crypto.

ETFs create transparency

Cohen thinks that in a lot of ways, ETFs and blockchain technology are solving for similar things.

“ETFs have been a decentralizing force in TradFi markets that have brought a lot more access and transparency, and importantly, really accelerated in growth during the post crisis 2008, 2009 period,” said Cohen, referring to traditional finance markets.

“I find it incredibly meaningful to look at the fact that the bitcoin whitepaper was published on October 31, 2008, and then you have the G20 leaders from around the world meeting to discuss the aftermath of the financial crisis and how do you create more transparency through public reporting,” Cohen continued.

BlackRock took on less risk by using counterparty clearing and multilateral trading. In TradFi markets, those moves created huge tailwinds for ETFs.

“Then at the same time, DeFi is becoming a reality over the intervening 15 years,” she said.

“Was this a win for Bitcoin? Was this a win for ETPs? To me, the answer is: It’s a win for investors, to the extent we can effectively marry these ecosystems which are solving for the same goals.”

Ether ETFs officially begin trading in the U.S.

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Podcast: Tesla’s FSD problem, Cybertruck backlog, GMC Sierra EV pickup, and more

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October 18, 2024

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Podcast: Tesla's FSD problem, Cybertruck backlog, GMC Sierra EV pickup, and more

electrek podcast

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla’s FSD problem, Cybertruck backlog disappearing, GMC’s new Sierra EV pickup, and more.

Today’s episode is sponsored by BLUETTI, a leading provider of portable power stations, solar generators, and energy storage systems, including its new Handsfree all-in-one portable power station backpacks. Learn more here.

Sponsored by ALSET Auto: North America’s leader in paint protection and restyling; offering colored wraps, paint protection, window tint, ceramic coatings and more, exclusively on EVs.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET):

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Ford is replacing some NACS adapters sent to EV owners

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October 18, 2024

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Ford is replacing some NACS adapters sent to EV owners

Ford-replacing-NACS-adapters

Ford F-150 Lightning and Mach-e drivers may have to wait a little longer to plug into Tesla’s Supercharger network. After several had already received their NACS adapters, Ford emailed many to say it was replacing the unit. In the meantime, the company doesn’t recommend using the current one.

Ford replacing some NACS adapters over potential issue

Last May, Ford CEO Jim Farley joined Elon Musk on X to announce a partnership that would allow Ford EV drivers to access Tesla’s vast Supercharger network.

Ford was the first, with nearly every major OEM revealing similar plans shortly after. Although Ford’s electric models won’t have a built-in NACS port until next year, Ford said it would send drivers an adapter to gain quicker access.

After opening reservations for the adapter in January, Ford initially said drivers could order one through June 30. The deadline was moved to August 31, earlier this summer.

Now, Ford already is planning on replacing some of the NACS adapters that were sent out to owners.

Several Ford F-150 Lightning and Mustang Mach-E drivers are receiving emails saying, “As a part of ongoing testing, your adapter has been identified by Ford to have a potential issue that may result in reduced charging speeds over time, and in some cases, charge port damage.”

Ford-replacing-NACS-adapters

The email adds, “Ford does not recommend using the adapter initially supplied to you with any vehicle from this time on, and we will be sending you a replacement.”

While you wait on the replacement, Ford drivers can check FordPass or other public charging apps to find other options.

Ford-replacing-NACS-adapters
Ford Mustang Mach E at a Tesla Supercharger (Source: Ford)

As part of its new “Ford Power Promise,” the company is giving new EV buyers a free Level 2 home charger and covering the cost of standard installation.

Ford says its new program is designed to make it easier than ever to go electric while closing the gap between perceptions about EVs and the reality. According to Ford, most people don’t realize the true benefits of driving an EV, such as waking up to a full charge every day.

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