The Pave BK is a premium 30 mph, fully street-legal motorbike that strikes a great balance between fun and utility. As someone who always checks the top speed specs first when looking at e-bikes, I was pleasantly surprised to learn that while the BK lacked in top speed, it more than made up for it in terms of utility, design, and, more interestingly, technology—but more on that later.
The BK is the first model of the relatively young company Pave, which is based out of Newlab in Brooklyn, NY. To get a better understanding of the electric bike that supposedly utilizes blockchain technology, I headed over to Newlab, where Pave’s co-founder, Nico Nagel, was able to give me an in-depth look at the bike and explain just how it works. First, let’s get some quick specs out of the way.
Pave BK specs
Motor: 3000w brushless rear hub motor
Top speed: 30 mph
Range: Up to 50 miles
Battery: Premium Lithium-Ion 21700 50.4v, 39.2 ah
Charge time: Stock Charger to 80%: 8 h, fast charger to 80 % in 1 hour
Max load: 300 lbs / 150 kg
Weight: 101 lbs without battery
Suspension: Single crown inverted suspension fork in front and comfortable seat for rear.
Brakes: Single piston automotive brakes
Extras: Lock & Unlock: Pave+ Phone Application (iOS & Android) or NFC card, Connectivity: BLE, LTE, Anti-theft: GPS based tracking system
Price: $6,900
The tech
What sets the BK apart from almost all other e-bike manufacturers is their integration with the blockchain for both security and ride-sharing capabilities. The way I understand it, after my talk with Nico, is that with every BK bike, there will be an NFT issued, which will act as a sort of digital title that can prove ownership, as well as record data such as a VIN number and an odometer reading. The NFT token will also be able to act as a key, where if someone were to steal the bike and resell it, the new person would not be able to unlock the bike without having that key.
Additional safety features include a shake-wake feature that will notify the owner when the bike is being moved and activate its GPS even when the main battery is taken out. As for the ride-sharing, the bike comes with an added feature that allows users to set up their own digital contracts with other riders, where a deposit can be required to borrow the bike, and specific requirements will have to be met, which are set up by the owner.
The ride
As for the ride, the bike has an incredibly comfortable 32-inch seat that is made for up to two people to fit. The higher riding position and general lightweight aspect of the bike make for a really nimble e-bike capable of zipping through traffic without a problem. I found that the bike has very adequate braking power and is able to activate regenerative braking automatically when using the standard brakes.
The BK comes with 3 different ride modes plus a boost mode. Pave claims that with its highest setting, the bike can accelerate to 30 mph in just 3.7 seconds. It’s not the fastest out there, but given that this is also a utility bike, I was quite pleased with the performance. Unlike some other electric bikes, the BK is able to switch through the different modes without having to be stopped.
Utility and design
When it comes to the physical design of the bike, the most notable aspect is its minimal visual profile that comes as a result of hiding the battery underneath the seat and hollowing out the entire middle section. For those needing lots of storage on their rides, the bike has a series of optional attachments, including an incredibly spacious basket that can be added to the middle section. For additional space, you can also purchase saddlebags and even carry things on the rear.
I was told that the bike would even be able to carry two extra batteries within the middle section, giving you a total range of 150 miles. But luckily, unless you’re looking to ride 150 miles before having access to the next outlet, there’s a much better option. Available for purchase will be a fast charge that gets you up to 80% in an hour. A few other features include passenger pegs and a built-in phone holder in the front.
Electric’s take:
For those who are looking for a fun, utility electric motorbike that is 100 percent street-legal and don’t necessarily need highway speeds, the BK has plenty to offer. You can ride it with just a regular driver’s license, and you might even be able to get your plates straight from Pave, as you would with a car dealership. The ride is comfortable, and the bike comes with security features that would give me a little more peace of mind than I would usually have.
The use of blockchain within electric motorbikes is something that I look forward to seeing put into action, but with the technology still being pretty new to real-world use cases like this one, I would be very curious to see how it works out when put into action. I can imagine that, like with any new system, there will be plenty of hiccups, but personally, I can’t wait to one day rent one of these from someone while in a new city, especially if I can use the fast charger and carry a large camera bag with me.
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On today’s episode of Quick Charge, President Trump has a wild first day in office, but it’s not ALL bad, either. Plus: Tesla gets diner integration, Hyundai keeps the deal train rolling, and it’s dad’s 80th birthday.
We also look ahead to some possible discounts for Tesla insurance customers, some news on the upcoming “cheap” Cybertruck, and wonder out loud if Puerto Rico’s billion dollar solar project is going to see the light of day. All this and more – enjoy!
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
Got news? Let us know! Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.
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The Stripe logo on a smartphone with U.S. dollar banknotes in the background.
Budrul Chukrut | SOPA Images | LightRocket via Getty Images
Stripe cut 300 jobs, representing about 3.5% of its workforce, mostly in product, engineering and operations, CNBC has confirmed.
The payments company, valued at about $70 billion in the private markets, still expects to increase headcount by 10,000 by the end of the year, which would be a 17% increase, and is “not slowing down hiring,” according to a memo to staff from Chief People Office Rob McIntosh. Business Insider reported earlier on the cuts and the memo.
A Stripe spokesperson also confirmed to CNBC that a cartoon image of a duck with text that read, “US-Non-California Duck,” was accidentally attached as a PDF to emails sent to some of the employees who were laid off. Some of the emails mistakenly provided affected employees with an incorrect termination date, the spokesperson said.
McIntosh sent a follow-up email to staffers apologizing for the “notification error” and “any confusion it caused.”
“Corrected and full notifications have since been sent to all impacted Stripes,” he wrote.
In 2022, Stripe cut roughly 1,100 jobs, or 14% of its workers, downsizing alongside most of the tech industry, as soaring inflation and rising interest rates forced companies to focus on profits over growth. The Information reported that Stripe had a few dozen layoffs in its recruiting department in 2023.
Stripe’s valuation sank from a peak of $95 billion in 2021 to $50 billion in 2023, before reportedly rebounding to $70 billion last year as part of a secondary share sale. The company ranked third on last year’s CNBC Disruptor 50 list.
In October, Stripe agreed to pay $1.1 billion for crypto startup Bridge Network, whose technology is focused on making it easy for businesses to transact using digital currencies.
Brothers Patrick and John Collison, who founded Stripe in 2010, have intentionally steered clear of the public markets and have given no indication that an offering is on the near-term horizon. Total payment volume at the company surpassed $1 trillion in 2023.
Thinking about upgrading your EV? Rivian (RIVN) launched a new promo on Tuesday, offering up to $6,000 to upgrade your R1S or R1T. Here’s how you can snag some savings.
Rivian R1S and R1T upgrade deal offers up to $6,000
Rivian delivered over 51,500 vehicles last year as the EV maker gains momentum. Although it was only slightly higher than the ~50,100 delivered in 2023, Rivian is expected to see even more growth this year.
After shutting down its Normal, IL manufacturing plant last April and renegotiating supplier contracts, Rivian has seen “significant cost improvements,” according to CEO RJ Scaringe.
Rivian also began delivering its next-gen R1S and R1T models last year. The new Large and Max battery packs have redesigned modules and more efficient packaging, “making them easier to manufacture and service.” For example, Rivian’s new EVs use seven ECUs, down from 17 in the first-generation R1T and R1S.
With new plant upgrades, reworked supplier contracts, and more efficient vehicles, Rivian is now passing the savings on to customers.
Rivian introduced a new promo on Tuesday, offering up to $6,000 to upgrade your R1T or R1S. The bonus amount varies by trim:
Tri with Max battery: $6,000 USD / CAD 8,600
Dual with Max battery and Performance upgrade: $4,500 USD / CAD 6,500
Dual with Max battery: $3,000 USD / CAD 4,300
The offer is for current R1T or R1S owners or lessees in the US and Canada. Rivian launched the new promo on January 21, and it runs through March 31, 2025.
After you purchase or lease a qualifying vehicle, Rivian will apply a discount toward the MSRP. You must take delivery by March 31, 2025. In the fine print, Rivian stated, “You must request a trade-in estimate to qualify for this offer, but trade-in of a vehicle is not required.”
Any other models are excluded from the offer. These include Dual Standard configurations, Dual with Large battery configurations, custom builds, demo vehicles, and pre-owned vehicles.
The new offer follows Rivian’s previous upgrade promo introduced last October, giving qualifying gas-powered vehicle owners or lessees up to $3,000.
Rivian’s R1S was already the tenth best-selling electric vehicle in the US last year, with nearly 27,000 models sold. With more driving range and power at a lower cost, the electric SUV could see even more demand in 2025.
Then again, with the arrival of new luxury electric SUVs, like the Jeep Wagoneer S and Volvo EX90, Rivian will face more competition in the US.
Rivian’s latest promo comes as the Company looks to carry the momentum from the end of 2024 into the new year. The EV maker is offering other deals, including 1.99% APR for 60 months on the R1 Dual with a Max Battery and Performance upgrade.
Even if you are not eligible for the promo, we can still help you find deals on Rivian’s electric SUV in your area. You can use our links below to view offers on the Rivian R1S and R1T near you today.
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