The Lectric XP 3.0 is the best-selling electric bike model in the US for one simple reason: value. The $999 e-bike has been the go-to electric bike for bang-for-your-buck riders since it launched last year. And now it is getting better than ever with the inclusion of hydraulic disc brakes.
I’m a huge fan of the Lectric XP 3.0. I ride one myself and have long espoused its high-value offering, getting new e-bike riders out the door with a fast, powerful e-bike for under $1,000.
But I’ll be the first to say it’s not an amazing-quality bike. It’s what I call “good, not great.” And that makes sense, since most e-bikes cost considerably more than the XP 3.0. The bike is good enough for most riders, and that is what counts for most people. It’s not going to unseat a Tern, but it’s also not meant to. It has made a few compromises to offer incredible pricing and get more folks on e-bikes than ever before.
One of the few major drawbacks to the Lectric XP 3.0, and one of the most common requests from its rider community, was related to its mechanical disc brakes. They stop the bike fine, but they’re quite basic. Like all mechanical disc brakes, they require fairly regular tuning to maintain good braking performance. And for first time e-bike owners, which represent a large portion of Lectric’s ridership, routinely tuning brakes is not an easily formed habit.
So to add even more value and convenience to the e-bike, Phoenix-based Lectric eBikes has now announced that the XP 3.0 will immediately switch over to hydraulic disc brakes and will maintain the same $999 price tag.
Hydraulic disc brakes (as seen on the existing Lectric XPedition cargo bike)
Unlike mechanical disc brakes, hydraulic disc brakes require little to no maintenance, at least until the pads are depleted and need to be replaced. That’s because the hydraulic fluid keeps the brake pads in the proper position all the time.
That’s a major advantage over mechanical brakes, which tend to need position adjustments over time as the mechanical cable stretches. Without making those adjustments on mechanical brakes, stopping force becomes progressively weaker.
Another major benefit of hydraulic disc brakes on e-bikes is the greater stopping power with less finger strength. That allows for one-finger braking for many riders, meaning more fingers can be left on the handlebars for control.
This isn’t the first e-bike from Lectric eBikes to come with hydraulic disc brakes. That honor goes to the higher end Lectric XPremium, though the lower cost Lectric XPedition cargo bike also launched with hydraulic brakes earlier this year, as did the popular three-wheeled Lectric XP Trike.
Hydraulic disc brakes are often seen as one major delineator between cheaper and nicer e-bikes. It’s not just that they improve the quality and performance of the ebike, but they also demonstrate that the manufacturer cares about providing an upgraded experience for the rider. For example, when Rad Power Bikes launched their popular “Plus” line a couple years ago with the RadCity 5 Plus and RadRover 6 Plus, hydraulic disc brakes were one of the major upgraded features.
The downside to these running product upgrades that occur in the middle of a product cycle like this is that they tend to leave out early adopters. Hydraulic disc brakes will be a nice upgrade for new Lectric XP 3.0 riders, but what about anyone who bought a Lectric XP 3.0 last week, last month, or even last year?
Fortunately, Lectric eBikes has announced that they’ll be providing a hydraulic disc brake upgrade kit for any current XP3.0 owners who want one, and will also cover the installation cost at a local bike shop.
Not bad for a sub-$1,000 e-bike!
Electrek’s Take
I love everything about this. As I mentioned, the XP 3.0 was already a good bike. But the mechanical disc brakes, while sufficient, were one of its weak links. Literally just a couple days ago I was adjusting my XP 3.0’s brake cables after a fairly rigorous 25-mile (40 km) ride through South Beach with plenty of stop-and-go riding.
But to also offer an upgrade kit for all current XP 3.0 owners seems like an awesome move. I want to be all rose-colored glasses here and assume it’s altruistic, and I’m sure part of it is. But I’m also sure that the company expected to field thousands of calls and emails from owners who recently bought an XP 3.0 with mechanical brakes and were annoyed that if they had just waited, they’d have gotten an upgraded hydraulic brake bike.
Whatever the reason, I’m glad to see an already popular e-bike getting even better.
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Paris’ bike-share system, Vélib has long been considered one of the shining success stories of urban micromobility. With a massive fleet of over 20,000 pedal and electric-assist bicycles around Paris, the service has helped millions of residents and tourists get around the City of Light without needing a car or scooter. But lately, a growing problem is threatening to knock the wheels off this urban mobility marvel: theft and joyriding.
According to city officials and the service operator, more than 600 Vélib bikes are now going missing every single week. That’s over 30 bikes a day simply vanishing from the system – some stolen outright, others taken on “joy rides” and never returned.
“At the moment we’re missing 3,000 bikes,” explained Sylvain Raifaud, head of the Agemob company that currently operates the Velib system. That’s nearly 15% of over 20,000 Vélib bikes across Paris.
The sticky-fingered culprits aren’t necessarily professional thieves or organized crime rings. Instead, they’re often regular users who treat the shared bikes like disposable toys.
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The city estimates that many people have figured out how to pry the bikes out of the system’s parking docks, unlocking one for a casual cruise and then ditching it somewhere far from a docking station.
Once pried free, the bikes are technically usable for the next 24 hours until their automatic locking feature kicks in. At that point, the bikes are often simply abandoned. Some end up in alleyways. Others get tossed in rivers. A few just disappear completely.
And since the bikes are intended to be parked at their many docking stations around the city, they don’t have GPS chips, further complicating recovery of “liberated” bikes.
The issue started small but has grown into more than an inconvenience – it’s beginning to undermine the entire purpose of the service. With bikes going missing at such a high rate, many Vélib docking stations are left empty, especially during rush hours.
Riders looking for a quick commute or a convenient hop across town are increasingly finding themselves without available bikes, or having to walk long distances to find a functioning one.
That kind of unreliability chips away at user confidence and threatens to drive potential riders back into cars, cabs, or other less sustainable forms of transport at a time when Paris has already made great strides to dramatically reduce car usage in the city.
The losses are financially painful, too. Replacing stolen or vandalized bikes isn’t cheap, and the resources spent on tracking down missing equipment or reinforcing anti-theft measures are stretching thin. Vélib has faced theft and vandalism issues before, especially during its early years, but this latest surge has officials sounding the alarm with renewed urgency.
Officials acknowledge that there’s no easy fix. Paris, like many cities with bike-share systems, walks a fine line between accessibility and accountability. Part of what makes Vélib so successful is its ease of use and widespread availability. But those same features make it vulnerable to misuse – especially when enforcement is limited and the consequences for abuse are minimal.
The timing of the problem is especially unfortunate. In recent years, Paris has seen impressive results in reducing car traffic, expanding bike lanes, and promoting cycling as a key part of its sustainable transport strategy. Vélib is a cornerstone of that plan. But if the system becomes too unreliable, it risks losing the very people it was designed to serve.
Meanwhile, as Parisians increasingly find themselves staring at empty docks, the challenge for the city and Vélib will be to restore confidence in the system without making it harder to use. That means striking the right balance between freedom and responsibility, between open access and protection against abuse.
In a city where cycling is supposed to be the future of mobility, losing thousands of bikes to joyriders and sticky fingers isn’t just frustrating; it’s unsustainable.
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U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025.
Nathan Howard | Reuters
When they lose a significant other, most men do indeed become a “TRAIN WRECK.” Then they pick up the pieces of their lives and start living again — paying attention to their personal grooming, hitting the gym and discovering new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
— CNBC’s Erin Doherty contributed to this report.
What you need to know today
And finally…
An investor sits in front of a board showing stock information at a brokerage office in Beijing, China.
US President Donald Trump, right, and Elon Musk, chief executive officer of Tesla Inc., during a news conference in the Oval Office of the White House in Washington, DC, US, on Friday, May 30, 2025.
Francis Chung | Bloomberg | Getty Images
When they find themselves without a significant other, most men finally start living: They pay attention to their personal grooming, hit the gym and discover new hobbies.
What does the world’s richest man do? He starts a political party.
Last weekend, as the United States celebrated its independence from the British in 1776, Elon Musk enshrined his sovereignty from U.S. President Donald Trump by establishing the creatively named “American Party.”
Few details have been revealed, but Musk said the party will focus on “just 2 or 3 Senate seats and 8 to 10 House districts,” and will have legislative discussions “with both parties” — referring to the U.S. Democratic and Republican Parties.
It might be easier to realize Musk’s dream of colonizing Mars than to bridge the political aisle in the U.S. government today.
To be fair, some thought appeared to be behind the move. Musk decided to form the party after holding a poll on X in which 65.4% of respondents voted in favor.
Folks, here’s direct democracy — and the powerful post-separation motivation — in action.
[PRO] Wall Street is growing cautious on European equities. As investors seek shelter from tumult in U.S., the Stoxx 600 index has risen 6.6% year to date. Analysts, however, think the foundations of that growth could be shaky.
And finally…
Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992.
Pascal Rondeau | Hulton Archive | Getty Images
The CEO mindset is shifting. It’s no longer all about winning
CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real time.
In an exclusive interview with CNBC earlier this week, McLaren Racing CEO Zak Brown outlined a leadership approach centered on urgency, momentum and learning from failure.