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A young all-electric RV startup called Lightship looks to turn a lucrative yet stale segment in recreational mobility on its ear beginning today with the official debut of its L1 electric travel trailer. This purpose-built design is loaded with modern day innovations in aerodynamics, electric efficiency, and renewable energy could not only disrupt the RV industry, but truly change the way we approach the camping experience using an all-electric, sustainable eco system. Not to mention it looks sleek as hell. Be sure to check out the full launch video from Lightship below.

Lightship is a San Francisco, CA and Boulder, Colorado-based startup that describes itself as the first all-electric RV company designing battery-powered trailers for the inevitable electrified age of mobility. It was founded in 2020 by Ben Parker and Toby Kraus – two industry veterans with notable tenures at Tesla as well as other electrified innovators like Proterra.

The original premise of a complete ground-up redesign of the RV for the electric age started where many great ideas stem from, the stomach. Cofounder Ben Parker was frequenting the food trucks outside of Tesla while working as a battery engineer on the Model 3, and noticed the nasty emissions from gas and propane generators pouring out of each truck and into the next.

It was there that the idea for an electric RV was seeded, as Parker left Tesla at the start of the pandemic to embark on a 6,000 mile journey across the US to soul search and speak with RV owners along the way to identify the current wants and needs of a $140 billion a year industry.

After incorporating the Lightship brand from the road, Parker soon connected with Kraus, who had also worked extensively at Tesla and shared an interest in bringing similar, environmentally conscious technologies to new industries in support a cleaner future for his children and beyond.

From there, the cofounders sought to take their knowledge of disruption and holistic design learned at companies like Tesla in order to apply it to the RV industry. Parker explained:

One in 10 American families own an RV, but the RV industry hasn’t experienced innovation for decades. Inefficient, unreliable product designs and a power experience that relies on smelly, noisy, gas or propane generators fundamentally hinder the amazing experience of traveling in the outdoors.

Lightship looks to change all that beginning today with the official unveiling of its L1 electric RV trailer at SXSW. This travel trailer is not only unique its aerodynamic modular design, but is also equipped with its own all-electric powertrain and battery pack, alleviating the towing capacity for the vehicle in front it, allowing owners to driver further and more efficiently without having to recharge as much.

Lightship’s electric trailer could revolutionize the RV industry

After three years of development, Lightship officially shared its flagship L1 electric RV with the public this morning, kicking off the potential dawn of a new age of recreational mobility should the travel trailer reach production.

As you can see in the images above, the L1 is a clean-sheet approach to the traditional RV, focusing on hyper-efficiency while being towed before transforming into a spacious camping space offering complete ecosystem of battery powered amenities.

The 27-foot trailer measures 8.5 feet wide and can power its height up and down from 6 feet 9 inches in road mode to ten feet tall when parked in camp mode, offering the capability to sleep 4-6 people. Being sleek and spacious is one thing, but the performance of this electric RV is truly unique and should be an enormous selling point to consumers, whether they’re towing it with an EV or a combustion vehicle.

The L1 itself is equipped with its own electric powertrain and 80 kWh battery pack (Lightship is not sharing its battery supplier at this time). As a result, the trailer propels itself behind the towing vehicle, offering near-zero range loss. That means a 300 mile range electric pickup towing the 7,500 pound (when fully loaded) L1 will maintain near full estimated range. In fact, Lightship’s cofounders told us that combustion trucks towing the L1 actually gained fuel efficiency in certain cases thanks to the trailers advanced aero. Score! (Those drivers still should go all-EV though, just sayin’.)

A huge thorn in the side of current electric truck owners is the extensive range losses when towing – up to two-thirds in many cases. By keeping the force behind the towing vehicle near-zero as much as possible, Lightship owners will someday be able to take longer road trips without stopping to recharge, or reach their destinations with even more power to spare when camped. Lightship cofounder and CEO Ben Parker elaborated on this design approach in an interview with Electrek:

It’s a pretty rare and awesome chance we’ve gotten where there is an industry that hasn’t changed a ton for a few decades. It’s huge. There is the sort of product opportunity where given the state of the technology, if you don’t do a from-scratch approach here, you can’t make a product that meets all the specs you need it to. It can’t be long range enough, it won’t be lightweight enough. Only through a ground-up approach can you make an efficient enough product for it to also be cost effective enough that you can sell it at any volume.

There’s a catalyst too. Electric trucks are taking off. What do people do with trucks? They do truck stuff – they go towing. You literally can’t tow a traditional travel trailer for more than about 100 miles right now. People are not going to stop RV’ing, this is a massive pastime. So it’s the convergence, the sort of the confluence of a few things that makes this so cool.

Cool indeed. Know what else is cool? The power in the electric RV itself is further bolstered by solar panels across its large roof, offering up to an additional 3 kW of renewable power to support the amenities and appliances within the L1 without any reliance on gasoline or propane generators. Below are some renderings of the interior of Lightship’s L1.

  • Lightship
  • Lightship

When scheduled production begins in late 2024, Lightship expects to sell the L1 electric RV trailer at a starting price of $125,000. The cofounder shared this price point is by no means the top tier level in RVs and they are instead targeting consumers interested in a travel trailer similar to an Airstream. Lightship will instead offer a similarly priced, all-electric option that is three times more aerodynamic than the next best traditional trailer.

Furthermore, Lightship’s cofounders explained to us that the L1 can be sold for $118,400 after an available tax credit. Due to its price point, the L1 currently does not qualify for the traditional federal EV tax credit revamped in the recent Inflation Reduction Act.

It does, however, qualify as a dwelling. If you add solar and an electric battery to that dwelling, it can qualify for a separate program called the Solar Investment Tax Credit (ITC) that usually applies to your house rather than the EV in your driveway. A nice little loophole there for Lightship and yet another huge selling point for potential consumers.

Lightship completed a Series A funding round last summer after an initial seed round before that, but cofounder and President Toby Kraus explained the startup will need more funding to get the L1 into scaled production:

There’s no doubt that we’re launching a complex manufactured hardware product, but we’ve been very capital efficient to date. We’ve spent less than 10 million dollars to get to the point we’re at and we’re very confident in our runway and we’re feeling good, but I think definitely, to get to capacitized production we will raise more money.

With its official launch today, the L1 electric RV trailer is available for reservations on the Lightship website for $500 down. Again, production is scheduled for late 2024. As we look to learn more about this exciting new spin on the RV industry, you can learn more about the Lightship L1 in the full launch video below.

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Baidu- and Geely-backed JiYue brand unveils ROBO X EV that goes 0-100 km/h in under 1.9 sec

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Baidu- and Geely-backed JiYue brand unveils ROBO X EV that goes 0-100 km/h in under 1.9 sec

JiYue, a Chinese EV brand focused on delivering all-electric “robocars” to the masses, has unveiled its latest model, and it’s quite a deviation from its previous EVs—but in the best way. Earlier today, JiYue launched the ROBO X supercar, designed for high-speed racing. By high speed, we mean 0-100 km/h acceleration in under 1.9 seconds. My mouth is watering.

JiYue has only existed since 2021, when parent tech company Baidu announced it was expanding from software development into physical EV production, joining forces with multinational automotive manufacturer Geely.

The new “robotic EV” marque initially launched as JIDU with $300 million in startup capital before garnering an additional $400 million in Series A funding, led by Baidu, in January 2022.

In August 2023, Geely took on a larger role in JIDU alongside a greater financial stake as the brand reimagined itself as JiYue, inheriting the JIDU logo and its flagship model, the 01 ROBOCAR.

In December 2023, Baidu and Geely unveiled a second model called the JiYue 07. It was born from JIDU’s ROBO-02 concept, which debuted in 2023 and was designed to compete against the Tesla Model 3 in China.

The 07 finally launched in China earlier this year with 545 miles of range. With an all-electric SUV and sedan on the market, JiYue has unveiled an exciting new entry in the form of a performance supercar called the ROBO X. Check it out:

JiYue’s new ROBO X EV is available for pre-order now

JiYue showcased its new ROBO X hypercar in front of the crowd at the 2024 Guangzhou Auto Show earlier today. Similar to previous models but with a unique spin, JiYue described the ROBO X as an AI smart-driving supercar that, for the first time, blends artificial intelligence and autonomous driving into a high-performance, race-ready EV.

When we say “high performance,” we mean a quad motor liquid-cooled drive system that can propel the ROBO X from 0 to 100 km/h (0 to 62 mph) in under 1.9 seconds. JiYue called the new ROBO X a “performance beast” with “the perfect balance of excellent aerodynamic performance and high downforce.” JiYue CEO Joe Xia was even bolder in his statements about the ROBO X:

For the next 20 years, the design of supercars will bear the shadow of Robo X. This is the best design in the history of Chinese automobiles today, and it is a landmark presence.

Fighter-style airflow ducts bolster the EV’s aerodynamics, efficiency, and overall posture. Per JiYue, the two-seater ROBO X is expected to deliver a maximum range of over 650 km (404 miles).

The new supercar features falcon-wing doors, a carbon fiber integrated frame, and a professional racing HALO safety system offering 360° of support. The interior features an AI smart cockpit with SIMO real-time feedback to give drivers an immersive racing experience.

Furthermore, JiYue said the vehicle will utilize parent company Baidu’s Apollo self-driving technology, which could make it the first electric supercar to apply pure-vision ADAS technology that enables track-level autonomous driving.

Following today’s unveiling of the ROBO X, JiYue has officially opened up pre-orders in China for RMB 49,999 ($6,915). That said, reservation holders will need to be patient as JiYue shared that it doesn’t expect to begin mass production of the ROBO X until 2027.

What do you think? Will people be talking about the ROBO X for the next 20 years?

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Wheel-E Podcast: Solar moped, XPedition 2.0, LiveWire scooter, more

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Wheel-E Podcast: Solar moped, XPedition 2.0, LiveWire scooter, more

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes the launch of the Lectric XPedition 2.0, Yamaha e-bikes pulling out of North America, LiveWire unveils an electric scooter concept, PNY readying its cargo e-scooters for pilot testing, Royal Enfield’s first electric motorcycle, and more.

The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.

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, the video will be archived on YouTube and the audio on all your favorite podcast apps:

We also have a Patreon if you want to help us to 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 Wheel-E podcast today:

Here’s the live stream for today’s episode starting at 9:30 a.m. ET (or the video after 10:30 a.m. ET):

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Crude oil heads to weekly loss as looming surplus depresses market

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Crude oil heads to weekly loss as looming surplus depresses market

Market Navigator: Crude oil under pressure

Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market.

U.S. crude oil is down more than 2% this week, while Brent has shed nearly 2%.

Here are Friday’s energy prices:

  • West Texas Intermediate December contract: $68.56 per barrel, down 14 cents, or 0.2%. Year to date, U.S. crude oil has shed about 4%.
  • Brent January contract: $72.36 per barrel, down 20 cents, or 0.28%. Year to date, the global benchmark has lost nearly 6%.
  • RBOB Gasoline December contract:  $1.99 per gallon, up 0.46%. Year to date, gasoline has fallen more than 1%.
  • Natural Gas December contract: $2.70 per thousand cubic feet, down 2.98%. Year to date, gas has gained more than 4%.

The International Energy Agency has forecast a surplus of more than 1 million barrels per day in 2025 on robust production in the U.S. OPEC revised down its demand forecast for the fourth consecutive month as demand in China remains soft.

A strong dollar also hangs over the market, as the greenback has surged in the wake of President-elect Donald Trump’s election victory.

Don’t miss these energy insights from CNBC PRO:

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