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We’ve talked a lot about the increasing spate of fires related to light electric vehicles, including e-bikes, e-scooters, and other micromobility devices. But one Southern California-based e-bike company is now doing something about it by upgrading all of their batteries with UL certification. Juiced Bikes is now one of the few e-bike companies to offer UL-listed batteries, though the number is slowly growing.

It’s important to remember that the fire risk in electric bikes is incredibly low. There are millions of e-bikes in the US, but just 200 fires were reported from e-bike batteries in 2021 and 2022.

Even so, the few fires that have been reported can spread quickly due to the nature of Li-ion battery fires, which burn much more intensely than a traditional fire.

There is currently no state or federal requirement in the US for e-bikes to come with safety certification for their batteries. That is why many in the industry are urging electric bike manufacturers to voluntarily undergo such certification.

Juiced Bikes, makers of popular high-performance electric bikes, has heeded the call. The company recently announced that all its electric bikes will have UL-compliant and certified batteries.

As CEO and founder of Juiced Bikes Tora Harris explained:

“From the beginning, we’ve prioritized the importance of using only the best and safest components to create our electric bikes.While we’re extremely proud of our own track record when it comes to the issue of e-bike safety, we urge prospective customers to understand the importance of UL certification and basic safety requirements when considering e-bike ownership.”

juiced ripracer e-bike

UL-certification for e-bike batteries isn’t just about making them fire-resistant, but also resistant to other forms of abuse or damage. The certification ensures that the battery has an airtight seal, taht the battery closure can hold up against impacts, direct heat, light rain, and the wiring has to be designed to protect against accidental shorting. UL certified batteries are also tested to ensure they can endure overcharging, over discharging, short circuiting and imbalanced charging. 

In addition to UL certification for just the batteries in Juiced e-bikes, the company is currently in the process of receiving UL 2849 certification for the complete e-bike electronics systems. This certification will be required by NYC later this year after a recent legislative move to combat increasing micromobility-related fires in the densely populated metropolitan area.

It’s a move that matches Juiced’s ethos, as the company has already gone above and beyond on many of its models’ safety features. Most e-bikes come with headlights and tail lights, but many of Juiced’s models include features like mirrors, turn signals, a loud motorcycle-style horn, high/low beams, brake lights, hydraulic brakes, and motorcycle-style tires.

With the number of miles that many e-bike riders put on their bikes, it makes sense for companies to invest further in vehicle-level safety features.

As Harris continued:

“The reality is that more and more riders are using e-bikes to replace car miles, so it’s critical that we provide them with as many features that enable them to ride safely, and confidently, in every type of riding environment. Our UL certification can give these riders peace of mind that they are using e-bikes certified with the most rigorous of safety testing.”

Because UL certification is expensive and rarely required, most e-bike companies don’t offer it. Many use other forms of safety testing, and there are an increasing number of UL-listed e-bikes available.

But for the most part, Juiced Bikes is joining a short list of companies offering UL-compliant electric bike batteries.

How important is UL certification when you are choosing between e-bike models? Let’s hear your thoughts in the comment section below.

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Rare earth stocks surge on U.S-China trade dispute over the critical minerals

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Rare earth stocks surge on U.S-China trade dispute over the critical minerals

A dump truck moves raw ore inside the pit at the Mountain Pass mine, operated by MP Materials, in Mountain Pass, California, U.S., on Friday, June 7, 2019.

Joe Buglewicz | Bloomberg | Getty Images

Shares of U.S. rare earth miners surged in early trading Monday, after President Donald Trump threatened China with retaliation over its strict export controls.

USA Rare Earth soared more than 18%, Critical Metals surged 18%, Energy Fuels jumped more than 11%, and MP Materials rallied about 8%.

Trump on Friday threatened China with a “massive” increase in tariffs in retaliation for Beijing imposing strict export controls on rare earth elements. The president then dialed down his rhetoric on Sunday, saying the situation with China will “be fine.”

The Defense Department, meanwhile, is accelerating its effort to stockpile $1 billion worth of critical minerals, according to The Financial Times.

And JPMorgan Chase said Monday it would invest up to $10 billion in companies that are crucial to U.S. national security.

“It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing — all of which are essential for our national security,” JPMorgan CEO Jamie Dimon said in press release.

Rare earths are a subset of critical minerals that are crucial inputs in U.S. weapons platforms, robotics, electric vehicles and other applications.

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Bloom Energy shares soar more than 30% after striking deal with Brookfield to provide fuel cells to AI data centers

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Bloom Energy shares soar more than 30% after striking deal with Brookfield to provide fuel cells to AI data centers

Bloom Energy power storage equipment in San Ramon, California.

Smith Collection | Gado | Archive Photos | Getty Images

Shares of Bloom Energy surged Monday after striking a deal with Brookfield to deploy fuel cells for artificial intelligence data centers.

Brookfield will spend up to $5 billion to deploy Bloom Energy’s technology, the first investment in its strategy to support big AI data centers with power and computing infrastructure.

Shares of Bloom Energy were up more than 30% in early trading. Bloom’s fuel cells provide onsite power that can be deployed quickly because they do not rely on the electric grid.

Nvidia CEO Jensen Huang told CNBC last week that the AI industry will need to build power off the electric to meet demand quickly and protect consumers from rising electricity prices.

“Data center self-generated power could move a lot faster than putting it on the grid and we have to do that,” Huang told CNBC on Oct. 8.

This is breaking news. Please refresh for updates.

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JPMorgan Chase says it will invest $10 billion into industries critical for national security

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JPMorgan Chase says it will invest  billion into industries critical for national security

JPMorgan Chase says it will invest $10 billion into industries critical for national security

JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take direct stakes in companies it considers crucial to U.S. interests.

The bank said in a statement it would invest up to $10 billion into companies in four areas: defense and aerospace, “frontier” technologies including AI and quantum computing, energy technology including batteries, and supply chain and advanced manufacturing.

The money is part of a broader effort, dubbed the Security and Resiliency Initiative, in which JPMorgan said it will finance or facilitate $1.5 trillion in funding for companies it identifies as crucial. It said the total amount is 50% more than a previous plan.

“It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing — all of which are essential for our national security,” JPMorgan CEO Jamie Dimon said in the release.

As the biggest American bank by assets and a Wall Street juggernaut, JPMorgan was already raising funds and lending money to companies in those industries. But the move helps organize the company’s activities around national interests at a time of heightened tensions between the U.S. and China.

On Friday, markets tumbled as President Donald Trump announced new tariffs on Chinese imports after the major U.S. trading partner tightened export controls on rare earths.

In the release, Dimon said that the U.S. needs to “remove obstacles” including excessive regulations, “bureaucratic delay” and “partisan gridlock.”

JPMorgan said that within the four major areas, there were 27 specific industries it would look to support with advice, financing and investments. That includes areas as diverse as nanomaterials, autonomous robots, spacecraft and space launches, and nuclear and solar power.

“Our security is predicated on the strength and resiliency of America’s economy,” Dimon said. “This new initiative includes efforts like ensuring reliable access to life-saving medicines and critical minerals, defending our nation, building energy systems to meet AI-driven demand and advancing technologies like semiconductors and data centers.”

The bank said it would hire an unspecified numbers of bankers and create an external advisory council to support its initiative.

This story is developing. Please check back for updates.

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