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Leading today’s Green Deals is Jackery’s early Black Friday sale that is taking up to 50% off power stations – both directly from its site and through its Amazon storefront – with prices starting from $90. Following right behind is the next iteration of Rad Power’s November sales, which is offering up to $300 in savings, and has its errand-running sidekick, the RadRunner Plus Utility e-bike at $1,699 with a free accessory promotion, among others. Next, we have two exclusive EcoFlow DELTA Pro solar generator bundles that are beating out EcoFlow’s own Black Friday rates while they last, starting from $1,899. We also have the best one-day sale to date on Greenworks’ 80V 21-inch Mower, 13-inch String Trimmer, and 730 CFM Lear Blower combo that is down at a new $570 low. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s early access Black Friday sales from Bluetti, Electric Bike Co., 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.

Jackery early Black Friday sale takes 50% off power stations, solar and home backup bundles, accessories, more from $90

Jackery’s early Black Friday savings event has begun and continues through November 20, with the brand taking up to 50% off on a huge collection of its power stations, bundle packages, and accessories. Alongside the ongoing launch specials for the new Explorer 5000 Plus unit, which you can learn about here, one offer that caught my eye immediately is the Explorer 2000 Plus Portable Power Station which comes along with two 200W solar panels for $1,899 shipped, after using the on-page coupon. This package would normally run you $3,299 most days, with most discounts over the year mostly keeping costs above $2,479, though we did spy the first drops to the $1,899 low during the recent Prime Day sales. Now, with this sale, you’re getting another chance to score one of the best solar generator bundles at the all-time lowest price we have tracked anywhere.

Boasting a 2,042.8Wh capacity, Jackery’s Explorer 2000 Plus offers massive expansion possibilities for your campsite, nomad setup, or even home backup power. It can support up to five expandable batteries that bump its capacity to 12,000Wh, or you could connect two Explorer 2000 Plus stations, each with five batteries, and further increase the capacity to 24,000Wh. With a max solar input of 1,200W, this station can be fully charged in up to two hours by connecting it to six SolarSaga 200W panels or via wall outlet (this does not account for any expandable combinations you may be using). You’ll have 10 output ports to cover devices and appliances – plus, complete control to monitor and adjust settings through the Jackery app via Bluetooth or Wi-Fi.

There are two alternative bundle packages that you may want to consider for more backup power – especially if you plan to use it for home backup or supporting larger gatherings with its expandable capacity. The first gives you the power station, two 200W panels, as well as an extra battery (reaching 4,085.6Wh) for $2,599, down from $4,999. The second takes the above bundle and adds a second extra battery (6,128.4Wh) for $3,299, down from $6,599.

Best early Jackery Black Friday on-the-go power station deals:

Best early Jackery Black Friday on-the-go solar bundle deals:

Best early Jackery Black Friday home backup power station deals:

Best early Jackery Black Friday home backup bundle deals:

  • Explorer 3000 Pro (3,024Wh) with two 200W solar panels and transfer switch: $2,499 (Reg. $4,199)
  • Explorer 5000 Plus (5,040Wh) with two 500W solar panels and smart transfer switch: $4,999 (Reg. $5,999)
    • comes with free protective cover

Jackery early Black Friday accessory deals:

Jackery early Black Friday

Get a reliable sidekick for errands and fun alike with Rad Power’s RadRunner Plus e-bike at $1,699 + free gear, more

Rad Power has begun its second seasonal sale through November 13, with up to $200 taken off e-bikes alongside some additional free accessory promotions. The discount is going to the RadRunner Plus Utility e-bike that is down at $1,699 shipped – plus, you’ll be getting a free accessory under $200 too. Normally priced at $1,799, we’ve seen this model go as low as $1,599 in 2024. You’ll get a nice little $100 shaved off the tag here today, dropping things to the second-lowest price we have tracked this year, and it’s a nice bonus to balance out the lower discount with the accessory promo too. You can browse all the eligible accessories on the landing page here, and keep in mind that the discount will be automatically applied in your cart before checkout.

The RadRunner Plus arrives ready to be your faithful commuting and errand-running sidekick throughout the days ahead, which comes fully loaded with some solid features. The 750W brushless geared hub motor comes powered by the 672Wh battery and is supported by five levels of pedal assistance (and a bonus zero-level for manual pedaling). You’ll be cruising around at 20 MPH top speeds for up to 45+ miles on a single charge with this model, with the body itself being well-made and highly durable.

The stocked features include Kenda K-Rad 20-inch tires with fenders over each, Tektro Aries mechanical disc brakes, an LED Headlight that can be set to automatically turn on in lower light settings, an integrated taillight with brake lighting and a flash mode, a 7-speed Shimano derailleur, an integrated rear cargo rack with a 120-pound carrying capacity, a half-twist throttle, and a backlit LCD display with a USB port to charge your devices.

More Rad Power e-bike deals:

exclusive DELTA Pro solar generator bundles

Save up to $2,400 on EcoFlow’s DELTA Pro power station with a 160W or 400W solar panel from $1,899 (Exclusive deals)

We’ve got two 9to5Toys-exclusive power station deals coming to us from Wellbots, which is offering a pair of EcoFlow DELTA Pro solar generator bundles at significantly reduced rates. The first of these delivers a DELTA Pro Portable Power Station with a 160W solar panel for $1,899 shipped, after using the promo code 9TO5EARLYBF200 at checkout for an additional $200 off the price tag. This bundle would normally run you $3,998 at full price, but you’re getting a nice $2,099 slashed off the tag that not only drops it to a new all-time low but along with the second offer (more on that below), both are beating out EcoFlow’s current Black Friday pricing (with the 160W panel not being offered at all direct from their site).

EcoFlow’s DELTA Pro power station delivers a reliable 3,600Wh LiFePO4 battery capacity (expandable up to 25kWh with additional equipment) that will be able to support you on trips out of the home and even power devices and appliances at home when emergencies strike. It dishes out power up to 3,600W, surging to 7,200W, and sports 14 output ports for versatile coverage. Recharging the station’s own battery is fairly quick too, as plugging it into a standard wall outlet will refuel it back to full in just 1.8 hours, or you can get a full recharge in 2.8 hours when utilizing the maximum 1,600W of solar input. All the usual remote smart controls you’ve expected from EcoFlow are available here and can be accessed through the companion app when connected by Wi-Fi or Bluetooth.

The second of these exclusive offers from Wellbots gives you the DELTA Pro power station with an even bigger 400W solar panel for $2,399 shipped, after using the promo code 9TO5EARLYBF200 at checkout for an additional $200 off the price tag. This means you’re getting the increase of 240W of solar input at so much less of a cost than buying it direct from EcoFlow, with the same bundle there running you $4,898 in total, with discounts having brought costs down as low as $2,799.

Greenworks 3-tool lawn care combo

For today only save $530 on Greenworks’ 80V mower, trimmer, and blower combo at new $570 low

Courtesy of its Deals of the Day, Best Buy is offering the Greenworks 80V 21-inch Mower, 13-inch String Trimmer, and 730 CFM Blower Combo for $569.99 shipped through the rest of the day. Normally this bundle is priced at $1,100, but we’ve been regularly seeing it brought down between $600 and $700 throughout 2024, with the lowest it’s gone being the drop to $579 during Best Buy’s Labor Day sale. Today though, you’re looking at the best price to date, as it beats out the former low by $10 and lands it at a new all-time low price – ultimately saving you a full $530.

This 3-tool bundle from Greenworks is a perfect way to update and upgrade your lawncare routine while getting some major savings over buying tools one by one. The mower comes equipped with an 80V brushless motor, housed inside the 21-inch steel deck and powered by the included 4.0Ah battery (which can be switched out among all three tools here). You’ll get enough power to cover 1/2 acre of mowing on one charge, with seven positions of cutting height adjustment and a simple push button start over annoying pull strings. The string trimmer delivers a 13-inch wide cutting path and can run for up to 80 minutes with the battery while on its lower power setting – plus, it has the brand’s dual bump feed head. The leaf blower sports a variable speed trigger with cruise control while being capable of producing 730 CFM of airflow that reaches up to 170 MPH. Head below for more.

Best Black Friday 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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LG Energy Solution to provide Rivian 4695 cylindrical batteries produced in the US for the R2

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November 7, 2024

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LG Energy Solution to provide Rivian 4695 cylindrical batteries produced in the US for the R2

Rivian-Q3-2024-earnings

Battery manufacturer LG Energy Solution just announced that its Arizona subsidiary has signed a long-term supply agreement with US automaker Rivian for 4695 cylindrical batteries. The cells will be produced at LG Energy Solution Arizona’s new standalone US facility beginning next year and will power Rivian’s upcoming R2 BEVs.

LG Energy Solution (LGES) is a spinoff entity of LG Chem specializing in battery development and manufacturing. In the four short years since the entity was founded, the Korean company has established partnerships and supply agreements with OEMs worldwide and is currently one of the leaders in its respective market behind long-time frontrunner CATL.

When the Biden administration introduced the Inflation Reduction Act, which included tax incentives for BEVs and their batteries assembled on US soil, LGES was one the most popular battery manufacturers OEMs reached out to for joint ventures to set up localized cell manufacturing in North America.

Since then, we’ve seen facility plans announced between LGES and automakers like Hyundai Motor Group, Stellantis, Honda, and Ford, which recently decided to bring its operations stateside over from Europe. Toyota also has a supply agreement in place with LG Energy Solution.

In 2022, we covered the news that LG Energy Solution was investing $450 million to produce 4680 battery cells, a format pioneered by Tesla. The company has since developed taller, higher-capacity cells called 4695.

Today, the company announced a new deal for those 4695 cylindrical batteries, which will be produced in Arizona and delivered to Rivian for its R2 models.

Rivian batteries
A rending of LG Energy Solution’s Stand-Alone Battery Manufacturing Complex Project in Arizona / Source: LG Energy Solution

Rivian R2 will be powered by LG Energy Solution batteries

LG Energy Solution shared details of its latest supply agreement this afternoon. The company has signed on to provide Rivian with its advanced 4695 cylindrical batteries for over five years, delivering a total energy capacity of 67 GWh during that time.

The “4695” nomenclature refers to the dimensions of the battery cells, which have a diameter of 46mm and a height of 95mm. LG Energy Solution explained that its 20 years of research and development in cylindrical batteries have gone into its next-generation 4695 cells for Rivian.

The battery specialist states that its larger cells will offer OEMs long-range and high safety while delivering over six times the capacity of the existing 2170 cylindrical cells popular in BEV battery modules today. LG Energy Solution CEO David Kim spoke about the company’s 4695 batteries and its robust supply agreement with Rivian:

Due to the dynamic nature of the current EV market, an increasing number of global automakers are demonstrating a strong preference for a diverse range of battery form factors. This large-scale order from Rivian for 4695 batteries marks a key milestone for LG Energy Solution in expanding its client base within the cylindrical battery segment.

Today, we also learned that the batteries for Rivian will eventually be manufactured at its pending facility in Arizona within the first year of production, then delivered to Rivian’s assembly plant in Normal, Illinois, where they will be implemented in R2 models sold in the North American market. 

Construction of LGES’ Arizona facility is underway and expected to be completed and begin full-scale production in less than two years from now.

The Rivian R2 was unveiled this past March to much fanfare, and well over 100,000 pre-orders have since been placed. It will be assembled at the Normal, IL, facility and may eventually move to the American Automaker’s second manufacturing plant, which remains under construction in Georgia.

During its reveal, Rivian shared that it expects the R2 BEV to reach the market in the first half of 2026. If that timeline holds, it should be right around when LG Energy Solution begins producing batteries for those Rivian models in Arizona.

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Lucid (LCID) has funding for ‘well into 2026’ after Gravity SUV launch, record Q3

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November 7, 2024

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Lucid (LCID) has funding for 'well into 2026' after Gravity SUV launch, record Q3

Lucid-funding-Q3

Lucid Motors (LCID) announced it has enough funding for “well into 2026” after releasing third-quarter earnings. After its third straight quarter of record deliveries, Lucid will begin building its first electric SUV, the Gravity, later this year.

Lucid has funding for Gravity SUV launch and more

“Our momentum continues with our third consecutive quarter of record deliveries,” Lucid’s CEO Peter Rawlinson said after releasing the company’s Q3 2024 financial results.

After delivering another 2,781 vehicles in the third quarter, Lucid’s delivery total reached 7,142 through September. That’s more than the 6,001 Lucid delivered in 2023 already.

The higher deliveries led to top-line growth in the third quarter. Lucid posted $200 million in Q3 revenue, up from $137.8 million last year. Despite the higher delivery total, Lucid’s cost of revenue also fell to $412 million as the company continued driving down costs.

However, Lucid’s net loss rose to $992.5 million on the higher output, up from $630.9 million in Q3 2023.

Lucid ended the third quarter with about $5.16 billion in total liquidity. Its recent $1.75 billion capital raise “serves to further secure the future of the company by extending its financial runway well into 2026,” Rawlinson said.

Lucid-funding-Q3
Lucid Air (left) and Gravity SUV (right) models (Source: Lucid)

After opening orders for its first electric SUV on Thursday, Lucid said Gravity production is still on track to start later this year. It has already begun pre-production builds.

Rawlinson calls the Gravity a “landmark product” starting at $79,800 with expected up to 440 miles range.

Lucid-teases-midsize-SUV
Lucid midsize electric SUV teaser image (Source: Lucid)

Lucid also teased its upcoming midsize electric SUV in September. Starting at under $50,000, the new model is expected to rival Tesla’s top-selling Model Y. A midsize electric sedan is also in the works and could compete with the Model 3.

Rawlinson previously said the new midsize models are aimed “right in the heart of Tesla Model 3, Model Y territory.” Lucid plans to begin production on the midsize platform in late 2026.

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Affirm beats on top and bottom lines

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November 7, 2024

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Affirm beats on top and bottom lines

Affirm, the provider of buy now, pay later loans, reported better-than-expected fiscal first-quarter results.

Here is how the company did, compared to analysts’ consensus estimates from LSEG.

  • Loss per share: 31 cents adjusted vs. a loss of 35 cents expected
  • Revenue: $698 million vs. $664 million expected

Affirm reported gross merchandise volume, or GMV, of $7.6 billion, topping the average estimate of $7.28 billion, according to StreetAccount. GMV, a key metric that helps gauge the total value of transactions, increased 35% from a year earlier.

Revenue in the fiscal first quarter rose 41% from $496.5 million a year earlier.

Revenue less transaction costs, or RLTC, came in at $285 million, ahead of earlier guidance of $265 million to $280 million.

Affirm said it expects to achieve profitability on a GAAP basis in its fiscal fourth quarter of 2025. Last quarter, CEO Max Levchin said in a note to shareholders that the company had set a new goal of hitting operating profitability on a GAAP basis by the end of its fiscal year.

The company sees second-quarter revenue of between $770 million and $810 million, or $790 million in the middle of the range, versus the average estimate of $785 million, according to LSEG. Affirm is guiding to GMV in the range of $9.35 billion to $9.75 billion. Analysts polled by StreetAccount called for GMV of $9.48 billion.

Affirm shares were about flat for the year as of Thursday’s close, but have been trending higher lately, up more than 70% since the end of August.

The company’s new relationship with Apple plus other partnerships with Amazon and Shopify are helping results. In June, Affirm and Apple announced plans for U.S. Apple Pay users on iPhones and iPads to be able to apply for loans directly through Affirm.

“Affirm’s growth story has continued, particularly as they add new strategic distribution partners,” Kevin Kennedy, an analyst at global research firm Third Bridge, said in an email.

Kennedy added that the quality of Affirm’s underwriting, specifically for higher-priced orders and interest-bearing BNPL purchases, sets the company apart from the growing list of competitors.

“The payments space is constantly facing commoditization risk, and BNPL, while nascent, is facing the same challenge,” he wrote. “However, large ticket interest bearing purchases, which are becoming more accessible through Affirm, are better protected” compared with offerings from peers, he added.

Square parent Block, which also reported earnings after the bell, acquired BNPL firm Afterpay for $29 billion in 2021.

Affirm’s quarterly earnings call starts at 5:00 p.m. ET.

— CNBC’s Robert Hum contributed to this report.

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