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It’s finally November and you know what that means – more and more Black Friday events! We’ve got three big e-bike brands all dropping savings this morning, led by Lectric’s Black Friday event that is taking up to $781 off its e-bike bundles, and also giving folks plenty of varying options at extra savings – 25% off accessories, discounted extra battery bundles, and even periodic Deals of the Day too – all starting from $999. The biggest news though, is MOD’s month-long event that has permanently dropped the prices across its e-bike lineup to provide affordable accessibility on top of the Black Friday discounts, with up to $1,300 in total savings starting from $1,799. Bringing up the rear is Aventon’s early savings event that offers the Pace 500.3 Cruiser e-bikes with free extra batteries for 120-mile travel at $1,599, among other models. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s Tenways Black Friday sale 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 Black Friday sale begins with up to $781 taken off e-bike bundles from $999 and tons of bonus deals

With November’s arrival, Lectric has switched to Black Friday sales by taking up to $781 off its e-bike bundle lineup, with tons of additional accessory deals too. One noticeable stand out right off the bat is the ONE Long-Range e-bike that is getting $467 in free gear at $2,199 shipped. Normally you’d be pressed for $2,666 to get this bundle at full price, but as always, Lectric includes the savings on all the free gear (though the e-bike is maintaining its $100 price cut from earlier sales). This is the largest bundle package that we have seen on this e-bike to date, making it the best deal yet to score it for your commute, complete with a rear cargo rack, a pair of fenders, two waterproof pannier bags, and a 4L storage bag that stows away right in the frame.

It appears as though this is indeed the 2024 Lectric Black Friday sale starting well ahead of time. We can’t know for sure if the deals will get better later in the month, but considering stock can run out at any time with this brand on the popular models, you might want to jump in now.

Before we get into the e-bike itself, there’s a few additional savings options you can take advantage of during this sale. The first is a short-term “deal of the day,” that will likely change every few days throughout the month, with you able to currently get a phone mount and an e-bike bell at 40% off for $26 through the weekend. Next, you can get 25% off a selection of add-on accessories that you can browse here. Lastly, Lectric is taking 30% off its extra batteries, allowing you to double your e-bike’s mileage for farther-reaching travel more easily – with long-range models, specifically, getting a chance to add a battery to their bundle at an increased discount ($200, as opposed to $350 while buying it separately).

Lectric’s premium commuter model, the ONE Long-Range e-bike comes built with plenty of top-notch upgrades, like the Pinion auto-shifting gearbox, the carbon fiber drive belt, and the 24A potted motor controller for effortless peaking to its maximum output power. Depending on your state’s laws, you’ll be able to reach a top speed of 20 MPH to 28 MPH, with the 48V 14Ah battery powering its journey for up to 60 miles of range on a full charge. There are five PWR-supported pedal assistance levels with this model, with lag times between the system cut down thanks to the 96 magnet cadence sensors.

Don’t worry if you just want to cruise around with little effort, as there is a thumb throttle too, but our ride will also benefit from the 20-inch puncture-resistant city tires, an integrated headlight and taillight – plus, hydraulic mineral oil disc brakes, and a new color LCD display. It keeps a clean, sleek look with the hidden cable routing, and you’ll also get all the cargo-carrying support you could want with the free add-on gear that comes with the bundle, making this quite the upgrade opportunity for commuters.

Lectric Black Friday XPeak e-bikes with $781 bundle

Lectric Black Friday XP 3.0 Long-Range e-bikes with $454 bundle

Lectric Black Friday XP 3.0 Standard e-bikes with $454 bundle

Lectric Black Friday XPedition Cargo e-bikes with $455 and $406 bundles

Lectric Black Friday XP Trike with $419 bundle

Lectric Black Friday XPress 750 Commuter e-bikes with $365 bundle

Lectric Black Friday XP Lite 2.0 Long-Range e-bikes with $365 bundle

Black Friday e-bike

MOD kicks off Black Friday with massive price drops on its e-bikes at up to $1,300 off, deals from $1,799

MOD Bikes has launched its massive Black Friday e-bike sale through December 1, with some major news to start it off. As of today, the brand is making its quality e-bikes more accessible by permanently dropping the starting prices across its lineup of models, with the sale’s event then taking the savings further. My personal favorite amongst the bunch (and the latest addition to my commute – review coming soon), is the MOD Easy 3 e-bike that is now down at $2,199 shipped from its new $2,399 price tag. Permanently falling from its original $3,499 price, the changeup in its starting rate alone beats out all previous discounts we’ve seen, but now MOD is giving us even more with an additional $200 slashed off for Black Friday, landing it a new all-time low.

Coming into view with a motorcycle-inspired design, I’ve been absolutely loving my rides on MOD’s Easy 3 e-bike with its unique style and charm over other models on the market that more closely resemble mountain bikes. The 750W rear brushless geared hub motor provides steady power that peaks at 1,000W, all powered by the removable 720Wh MOD Samsung Powerpack battery that tag-teams rider support with five levels of pedal assistance (with an upgraded torque sensor over the predecessor’s cadence sensor). You’ll enjoy 28 MPH speeds for up to 50 miles with the battery at full charge, with tons of additional stock features that only heighten the experience while in the saddle.

There’s the 7-speed Shimano ALTUS derailleur, a nice upgrade from the more standard versions other e-bikes possess, with brake light functionality coming alongside the integrated LED headlight and taillight, while the dual suspension, hydraulic disc brakes, and multi-terrain tires increasing its performance ability for a comfortable ride. The features don’t stop there either, as there’s also the rear cargo rack, a much wider-than-normal saddle to accommodate differing body shapes/sizes, fenders over both wheels, a thumb throttle, a bell, and an S3 smart color display that lets you charge our devices via the USB port. It even has password security locking capabilities for added piece of mind.

There’s also the upgraded MOD Easy SideCar 3 package that is down at $3,499 shipped from its new $3,899 price tag (permanently cut from its original $4,799 MSRP). It sports a 150-pound payload capacity which is great if you want to have some joyriding fun with kids, teens, or adults who fall under the limit. There are no seatbelts though, but the company has designed it with your furry pals in mind, including dedicated D-ring anchor points to secure your dog’s leash or harness.

***Note: Remember, all of the models you see listed below just saw $900 to $1,100 in permanent price cuts and are now an additional $200 to $400 off for Black Friday. 

MOD Black Friday deals:

Black Friday e-bike

Aventon has launched its early Black Friday sale alongside the launch of its new Abound SR model, with up to $300 being taken off its e-bikes, as well as a free extra battery bundle. If you’re hoping to score the doubled mileage deal, you’ll find the free extra battery coming with the Pace 500.3 Step-Over e-bike at $1,599 shipped and its Step-Through counterpart that is also down at $1,599 shipped. Normally $1,799, whole-roster deals like these are becoming rare for this brand in our post-tariff world, with Best Buy having seen the lowest falls to $1,099 and $1,199 back at the beginning of the year in short-term sales. You’ll be getting a solid $200 off its newer going rate today, with the free extra battery bumping the total savings up to $700 – one of the best deals we’ve seen since the unfortunate economic changeup that went into effect over the summer.

There’s some additional savings available when you bundle three accessories along with your e-bike, taking 20% off their total value after doing so. You’ll find the option on any of the landing pages for the e-bikes in the accessory options box.

Aventon’s tried and true Pace 500.3 e-bikes come with either a Step-Over or Step-Through design, with both sporting 500W rear-hub motors and integrated 48V batteries. The four pedal assistance levels (eco, tour, sport, and turbo) come supported by a superior torque sensor, which is always a happy upgrade to see on affordable models, propelling you up to 28 MPH top speeds for up to 60 miles (120 miles thanks to those extra battery inclusions). This cruiser’s frame features integrated lights that even offer turn-signal functionality and an LCD smart “easy read” display that has a concealed USB port to charge your smartphone while you ride onward. That’s not all either, as it also comes stocked with hydraulic disc brakes, puncture-resistant tires, a throttle for pure electric rides, and an 8-speed Shimano derailleur.

Aventon early Black Friday deals:

Fall e-bike deals!

Black Friday e-bike

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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Review: Volvo’s insanely popular XC90 SUV gets a full refresh

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Review: Volvo's insanely popular XC90 SUV gets a full refresh

Volvo has been steadily applying its Scandinavian minimalist ethos to its EV lineup, as the all-new EX90 SUV is set to launch in the US. But the brand also wanted to significantly spruce up the EX90’s older sibling, the XC90 – the brand’s most popular vehicle since its debut and the de facto family car for hordes of Americans and Europeans. This month, Volvo invited Electrek to test-drive the revised XC90 on its home turf and experience its new and improved “electrified” functionality. Here’s how it went.

Introduced in 2003, the XC90 was the brand’s first foray into the SUV market. It has been modified in recent years as a hybrid and plug-in, but it’s still the company’s top seller, despite almost a decade since its last full redesign. For 2025, the XC90 comes in three variants: two mild hybrids, the B5 and B6, and a T8 PHEV – which the company says is one of the few plug-ins with a seven-seat option, giving drivers space to haul kids or gear on short daily trips with its limited 33 miles of electric range.

Of course, restyling the XC90 itself after all of this time sidesteps the brand’s original goal of 100% electric cars by 2030. That’s no longer the case, as Volvo has backtracked, as has Mercedes, with a new target of 90% electrified vehicles by the same date. Clearly, that’s not the same thing.  

First-drive impressions – safe, comfortable, and very Volvo-esque

Mid-November, Volvo flew journalists out from the US, with me flying over from France to Copenhagen for four days of quality time with the new variants and meet-and-greets with designers, propulsion experts, and interior specialists. From Copenhagen, we paired up in twos for a full day and a half of driving from Denmark across the famed Oresund Bridge on the border between Sweden and Denmark (fans of the Swedish series The Bridge will know it well) to cruise around the mellow Swedish countryside, stopping by fishing villages, a chocolate factory, and into Malmö on a gloomy afternoon, as the sun started to set at 3:30 p.m.

The T8 plug-in – which we drove along with the B5 hybrid – is the brand’s most powerful and efficient of the XC90s, offering  310 horsepower with 295 pound-feet of torque and a 0-to-60 mph time of 5 seconds. It has an inline four-cylinder gas engine with an electric motor and 400-volt three-layer lithium ion 18.8 kWh battery with 14.7 kWh of usable energy. The fact that drivers can do most of their short daily drives on pure electric power is a plus, of course, but you need to put in the time to recharge it. Its 6.4 kW onboard charger takes five hours to go from empty to 100% charged (or 10 hours on an ordinary 120-volt outlet).

As for the test drive, rural southern Sweden is picturesque, but the course itself was flat, unvaried, and sparsely populated except for our roving caravan of some 20 beige SUVs. But we had plenty of time to tinker with the infotainment and the advanced driver assist systems – including loads of state-of-the-art bonuses like intelligent speed assist, pilot assist, parking assist, and a truly incredible head-up display. It also comes with five drive modes, including off-road, but this vehicle is about quiet luxury, not thrill rides.

Of course, testing the electric range was a short-lived experience, so after those 33 or so miles, we spent the rest of the day gas-guzzling via a high-performance four-cylinder petrol engine with advanced e-boost and turbo technology. Honestly, it was hard to feel the difference, and the transition from electric to gas was quick and unnoticeable despite trying out some fast acceleration (smooth as butter) and maneuvering. Plus the interior of the car feels like a cocoon – it’s so quiet. The refresh includes enhanced sound insulation and suspension, so it’s like you’re traveling in a safe, protective Scandi-bubble. And that’s Volvo’s goal.

Exterior refresh – lots of tweaks, new wheels, new color

Looking at the outside of the car, the new XC90’s exterior changes offer a fresh new take on the brand’s “Thor’s Hammer” T-shaped headlights, flanking a new asymmetric grille,  layered with the Volvo trademark.  The new front sheet metal has seen a few tweakments, with an overall cleaner, fresher look, while the rest of the profile looks relatively unchanged. Of course, a proper refresh comes with a new color and some new wheels, and there are new designs in 20-, 21-, and 22-inch sizes, along with a new red paint option called 739 Mulberry Red. While we tested the “Bright Dusk” T8, the deep Mulberry Red version was on view at a mid-drive event, and it was a nice surprise from the grays and beiges.

The driving experience – smooth, safe, and so very quiet

The most significant upgrade to the XC90 is to the interior, which has been revamped to accommodate an 11.2-inch infotainment screen complete with built-in Google apps. Volvo says it has a higher pixel density and faster response time than earlier versions. Both the EX90 and the XC90 get the latest version of Volvo’s Google-based infotainment system with a ton of updated menu items that, in theory, allow you to gain access to commonly used functions with fewer steps. But do people only want access to opening the glove box via the infotainment system? I guess that’s all part of the minimalism. While Volvo says it is as intuitive as a smartphone, there is a small learning curve if you’re not already familiar with it.

Stepping into the vehicle, comfort is clearly the focus, with Volvo touting it as an “upgraded Scandinavian living room.” It leans into a premium feel without any garish touches, relying on a rich, tasteful, unfettered design. It feels good. New to the XC90 are the tailored dashboard in grained charcoal vinyl and recycled textile decors. Two new stunning “responsibly produced” upholsteries are added, in new bio-attributed leather-free Nordico and recycled-textile Herringbone Weave. And just like the EX90, this vehicle gets the new Bowers & Wilkins speaker mesh for the instrument panel and door panels, and the sound quality of the system is rich and crisp.

T8 Vehicle specs

  • Seating capacity: six or seven
  • Upgraded powertrain (T8): turbocharged 2.0-liter four-cylinder PHEV
  • Horsepower (T8): 455
  • Peak torque (T8): 523ft. lb.
  • Pure electric range (T8): 33 miles
  • Transmission: eight-speed automatic
  • Drivetrain: all-wheel drive
  • Fuel economy, EPA: 58 MPGe
  • Co2 emission, combined: 30 g/km (WLTP)
  • Acceleration 0-60 mph: 5 seconds
  • Overall length: 195 inches
  • Wheelbase: 117.5 inches
  • Height: 69.6–69.7 inches
  • Width (not including mirrors): 84.3 inches
  • Curb weight, PHEV 7 seater: 1,565 lb.
  • Maximum towing capacity: up to 5,000 pounds when properly equipped
  • Fuel tank capacity: 18.8 US gallons
  • AC charging time 0–100%: 5 hours (240v, 16a)/10 hours (120v, 16a
  • On-sale date: end of 2024

Final thoughts on the XC90

The new facelift is pretty much that, loads of superficial changes to the interior and exterior, as well as a new user experience and a larger, faster touchscreen, all designed to stretch out this hybrid a few more years before the EX90 takes over completely. Like its EV sibling, the focus is on a safe, comfortable, luxurious vehicle to haul kids and loads of gear around, with a few ecological Scandi touches that give it special appeal.

The XC90 competes in a crowded three-row midsize luxury SUV market against the Audi Q7, Lincoln Aviator, and Genesis GV80, among so many others. But saying that, plug-in hybrids like the XC90 T8 in the category are a rare breed, giving you the option to take your daily drives on pure electric before switching to fuel. But with a range of 33 miles, you of course won’t get very far. Plus while Volvo is pushing the seven-seat option, it seemed a bit tight to me, and only optional for kids or very quick trips, not big road trips.

Set to go on sale next month, prices for the B5 mild hybrids start at $58,450, with the XC90 T8 AWD plug-in seven-seater starting at a very reasonable $73,000 for the quality and pure good looks of the thing. Owned by China’s Geely, Volvo tells me that all of its US-bound XC90s will be made in Sweden. Volvo is targeting the US market for the XC90, followed by China, and thirdly, Europe.

Size-wise, I guess it’s perfect for loading up your car at IKEA. In Sweden, we certainly passed many IKEAs, and it was tempting. With a pure electric range of 33 miles, I suppose you could make at least part of the trip before having to switch over to gas power. The whole concept is a bit of a conundrum, but Volvo says it is giving the people what they want – a plug-in hybrid SUV that can go the distance – and it’s betting this vehicle will be a big winner for years to come.

Photos: courtesy Volvo


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Can Saudi Arabia keep pace with its ambitious mega-project spending spree?

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Can Saudi Arabia keep pace with its ambitious mega-project spending spree?

Digital render of NEOM’s The Line project in Saudi Arabia

The Line, NEOM

In Saudi Arabia’s northwestern desert, a sprawling construction site replete with cranes and pile drivers sits encircled by a recently-built road. A pair of tracks cuts through the site like deep gashes through the sand, comprising the spine of what planners say will be a high-speed rail system.

The skeletal infrastructure forms the foundations of The Line, a multi-billion dollar high-tech city that its architects say will eventually house 9 million people between two 106-mile long glass skyscrapers more than 1,600 feet high.

The project, whose estimated cost is in the hundreds of billions, is just one of the hyper-futuristic venues planned in Neom, the brainchild of Saudi Crown Prince Mohammed bin Salman and a region that the kingdom hopes will bring millions of new residents to Saudi Arabia and revolutionize living and technology in the country. It’s a core pillar of Vision 2030, which aims to diversify the Saudi economy away from oil revenues and create new jobs and industries for its burgeoning young population.

The cost of Neom has been estimated to be as high as $1.5 trillion. In the years since it was announced, Saudi Arabia’s Public Investment Fund, the mammoth sovereign wealth fund now overseeing $925 billion in assets, has poured billions into overseas investments, with ever-increasing waves of foreign investors flying to the kingdom to raise cash.

This year, however, has seen a sharp change in direction in terms of spending, with a stated emphasis on keeping investments at home along with reports of cutting costs on megaprojects like those in Neom. The changes come as the Saudi deficit grows and the outlook for oil demand, along with global oil prices, sees sustained lows.

Construction for The Line project in Saudi Arabia’s NEOM, October 2024

Giles Pendleton, The Line at NEOM

That begs the question: does Saudi Arabia have enough money to meet its lofty goals? Or will it have to be more flexible to make its spending trajectory sustainable?

One Gulf-based financier with years of experience in the kingdom told CNBC: “The PIF’s pivot towards domestic investments, widely acknowledged but now officially admitted, suggests that there is still a lot of spending needed. Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns.”

The financier spoke anonymously as they were not authorized to speak to the press.

Andrew Leber, a researcher at Tulane University who focuses on the political economy of the Middle East, believes that the current pace of spending won’t last.

“The number of ‘we pay up front and hope for economic returns later’ giga projects that are currently underway is not sustainable,” Leber said.

“With that being said,” he added, “the Saudi monarchy has shown itself to be somewhat flexible whenever economic realities assert themselves. I do think that eventually, a number of projects will be quietly shelved in order to bring its fiscal outlays back into greater sustainability.”

Digital render of NEOM’s The Line project in Saudi Arabia

The Line, NEOM

Saudi Arabia in October cut its growth forecasts and raised its budget deficit estimates for the fiscal years 2024 to 2026 as it expects a period of higher spending and lower projected oil revenues. Real gross domestic product is now expected to grow 0.8% this year, a dramatic drop from a previous estimate of 4.4%, according to the ministry of finance.  

The kingdom’s economy also swung dramatically from a budget surplus of $27.68 billion in 2022 to a deficit of $21.6 billion in 2023 as it ramped up public spending and decreased oil production due to its OPEC+ supply cut agreement. Its government forecasts a deficit of $21.1 billion for 2024, projecting revenue at $312.5 billion and expenditures at $333.5 billion.

Saudi authorities expect that the budget will remain in deficit for the next several years as it pursues its Vision 2030 plans, but they add that they are fully prepared for this.

Saudi Arabia's spending trajectory is sustainable, kingdom's finance minister says

“Our non-oil revenues have grown significantly, now it covers about 37% of expenditure. That’s a significant diversification, and that gives you a lot of comfort that you can maneuver and be stable despite the fluctuation in oil price,” Saudi Finance Minister Mohammed Al-Jadaan told CNBC in October. “Our aim is to make sure that our plans are stable and predictable.”

“We are not going to blink, we have significant fiscal resource under our disposal, and we are very disciplined in our fiscal position,” the minister said.

Saudi Arabia has an A/A-1 credit rating with a positive outlook from S&P Global Ratings and an A+ rating with a stable outlook from Fitch. That combined with high foreign currency reserves — $456.97 billion as of September, a 4% percent increase year-on-year, according to the country’s central bank — puts the kingdom in a comfortable place to manage a deficit, economists told CNBC.

Riyadh is successfully issuing bonds, tapping debt markets for more than $35 billion so far this year. The kingdom has also rolled out a series of reforms to boost and de-risk foreign investment and diversify revenue streams, which S&P Global said in September “will continue to improve Saudi Arabia’s economic resilience and wealth.”

When asked if the kingdom’s spending trajectory is sustainable, Al-Jadaan replied: “Absolutely, yes,” adding that the government recently published its numbers for the next three years and that “we think it is very sustainable.”

Still, many analysts outside the kingdom, as well as individuals working within the kingdom and on NEOM projects, are skeptical of the megaprojects’ feasibility. Reports that some projects have been dramatically cut down — in the case of the Line, its size target slashed from 106 miles to 1.5 miles and population target down from 1.5 million by 2030 to less than 300,000 — attest to that concern on a higher level.

We are at an interesting inflection point in Neom's journey, deputy CEO says

Neom executives acknowledge that the current phase of work on The Line is for a building length of 1.5 miles — which would still make it the longest building in the world. However, the eventual goal of 106 miles has not changed, they say, stressing that cities are not built overnight and that construction is continuing apace.

For Tarik Solomon, chairman emeritus at the American Chamber of Commerce in Saudi Arabia, “it’s promising to see transparency and some project cutbacks.”

“The Kingdom’s rising external borrowing reflects challenges with Vision 2030 feasibility,” he told CNBC.

“Though debt remains manageable at 26.5% of GDP, continued small pressures add up, underscoring the need for fiscal discipline and achievable goals.”

Solomon pointed to the desire of many Saudi residents for improvements to the infrastructure they use in their daily lives — like Riyadh’s public transport, network connectivity, schools, and health care.

“The road to resilience for Saudi Arabia isn’t in figuring out ski slopes in the desert but in building with innovation, complexity, and the courage to pursue what’s truly impactful,” he said.

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Tesla and Rivian are settling their battery tech theft lawsuit

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Tesla and Rivian are settling their battery tech theft lawsuit

Tesla and Rivian have been embroiled in a lawsuit in which the former accused the latter of having stolen battery technology by poaching Tesla employees.

It sounds like the two automakers are finally about to settle the lawsuit, which has been going on for 4 years.

In 2020, Tesla filed a lawsuit against Rivian over allegedly stealing trade secrets by hiring former Tesla employees and encouraging them to bring documents. Rivian has denied the allegations.

When Tesla filed the lawsuit, it wasn’t clear what trade secrets Tesla was claiming Rivian had stolen. However, we noted that the employees listed in the lawsuits were two recruiters, an EHS manager, and a manager of Tesla’s charging networks.

The automaker claimed that these employees brought “documents consisting of highly sensitive trade secret, confidential, and proprietary engineering information” when they went to work for Rivian.

A year later, Tesla expanded the lawsuitclaiming more specifically that Rivian was “stealing the core technology for its next-generation batteries.”

At first, the companies tried to settle out of court, but it didn’t work out, so the lawsuit was moved to court last year.

Over a year later, we now learn that Tesla had notified the court that it expects to file to get the lawsuit dismissed after reaching a conditional agreement with Rivian. The company didn’t disclose the details of the settlement (via Bloomberg):

Tesla didn’t disclose specifics about the agreement in a court filing, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

Neither Tesla nor Rivian have commented on the reported settlement.

While Tesla has claimed that it somewhat open-sourced its patents, we have previously noted that it’s not exactly the case. Tesla claims to let other companies use its patented technology as long as they themselves don’t sue them over patent rights.

And in this specific case, Tesla alleges that Rivian has specifically hired employees to steal technologies. Again, Rivian has denied the allegation.

Electrek’s Take

The terms are unknown, but in similar cases, it often involves things like some level of access to make sure that no proprietary technology is being used or has been used.

The lawsuit is not exactly clear, but based on the timeline and the allegations of “next-gen batteries”, Tesla could have been talking about its 4680 battery cells, although those are cells. It could also be the structural battery pack.

Rivian is expected to use a taller 4695 battery from LG Energy Solutions for its next-generation vehicles.

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