If you’re old enough to remember the original 1980s Honda Motocompo micro-motorcycle – or are like me and have enjoyed learning about it since – then today’s announcement from Honda will come with all sorts of warm, fuzzy feelings of nostalgia, either earned or learned. The long-awaited spiritual successor to the Motocompo has just been unveiled, and this time it’s gone electric. Meet the Honda Motocompacto.
The original 1983 Honda Motocompo was a tiny little gasoline-powered motorcycle designed to fit in the trunk of small car and give drivers a way to extend their reach into a city.
Instead of driving all the way in, owners could park on the outskirts of a city, pop out their tiny motorcycle from their trunk, unfold it into something that was more or less comfortable to sit on, then ride anywhere in the city.
The original Honda Motocompo next to a Honda City that would have ferried it around in the back.
If you’re thinking that an oil-leaking, gasoline-burning motorcycle isn’t a great thing to keep in the trunk of a car, then you’re right.
That’s probably why the little bike was discontinued after only two years.
It’s also likely why when Honda brought the old idea back to life today, they did it with an electric drivetrain instead. Which if you’re an Electrek reader, probably won’t come as a complete surprise. We covered Honda’s trademarking of the Motocompacto name last year and surmised that this was the likely outcome.
Just don’t expect peak performance from the Honda Motocompacto. In fact, you’d be well-advised to not get your hopes up for even moderate performance. The tiny little folding scooter has an even tinier drivetrain. The front wheel motor measures 490W and the top speed is a mere 15 mph (25 km/h).
The battery is listed as “6.8Ah,” though it’s impossible to determine the actual battery capacity without any info on the system voltage. With either a 24V or 36V battery, that would mean a measly capacity of just 163 or 245 Wh, respectively.
Honda does give us an estimate range, though the “up to 12 miles” (20 km) isn’t very promising. But then again, this is an urban-centric motorbike and few people commute further than 12 miles in the heart of a city. A 110V charger can recharge that battery in 3.5 hours and there’s even room to store the charger on board, just in case you want to recharge in the office under your desk.
As Honda described it, “Motocompacto is perfect for getting around cityscapes and college campuses. It was designed with rider comfort and convenience in mind with a cushy seat, secure grip foot pegs, on-board storage, a digital speedometer, a charge gauge, and a comfortable carry handle. A clever phone app enables riders to adjust their personal settings, including lighting and ride modes, via Bluetooth.”
The Honda Motocompacto takes much of the same folding inspiration from the original Motocompo, including handlebars and seat that drop down into the body. With the folding footpegs, the little scooter is a mere 3.7 inches wide (9.4 cm) when fully stowed. In fact, it folds up into a package barely larger than a briefcase, measuring just 29 inches (73 cm) long and 21 inches (54 cm) high.
Fortunately the Motocompacto’s weight 41.3 lb. (18.7 kg) is just under half the weight of the original 1980s Motocompo, so it should be much easier to actually slide out of your hatchback.
It appears that Honda plans to sell the Motocompacto along with some of its electric vehicles, according to Jane Nakagawa, vice president of the R&D Business Unit at American Honda Motor Co., Inc.:
Motocompacto is uniquely Honda – a fun, innovative and unexpected facet of our larger electrification strategy. Sold in conjunction with our new all-electric SUVs, Motocompacto supports our goal of carbon neutrality by helping customers with end-to-end zero-emissions transport.
In practice though, it’s likely that few owners will actually treat it like a dinghy for their car in the same way that the original Motocompo was used. Instead, it’s probable that the Motocompacto will stand on its own as part of Honda’s small yet growing electric scooter and motorcycle lineup.
The bike sounds like it was designed as a primary vehicle, as explained by Nick Ziraldo, project lead and design engineering unit leader at Honda Development and Manufacturing of America:
Motocompacto is easy to use and fun to ride, but was also designed with safety, durability, and security in mind. It uses a robust heat-treated aluminum frame and wheels, bright LED headlight and taillight, side reflectors, and a welded steel lock loop on the kickstand that is compatible with most bike locks.
Now the only question is whether or not it will sell. Priced at US $995, sales will begin exclusively online and at Honda and Acura automobile dealers in November.
I kind of wish they hadn’t shown me how the sausage was made here, it ruins all the magic.
Electrek’s Take
I’m about as pro-micromobility as anyone on the internet, but I’ll tell you right now that the coolest thing about the Honda Motocompacto is merely the fact that it exists. If you actually look at specs and pricing, there’s not too much to get worked up about.
Sure, Honda’s engineers can pull a muscle patting themselves on the back all day for bringing back the Motocompo, which is a really cool feat. But a thousand bucks for a briefcase with wheels? That’s a tough sell.
The original Motocompo was so incredible because it was the only thing like it – there just weren’t any other tiny motorbikes that could fit in a trunk. These days there are literally a thousand different electric scooters and mini e-bikes that can fold up to fit in a trunk and fulfill the same role as this thing. So ultimately, that means the only differentiator here is the design. And it IS a legitimately cool design. In fact, it looks awesome. The origami game is strong with this one. But I’d still rather ride a JackRabbit or a folding stand-up scooter if I’m looking for a serious micromobility for urban use. They’d fit in a car trunk just as well and would actually give better performance as well as bang-for-your buck.
But even after saying all that, I’m still going to be tempted to buy one of these just for “kicks and jiggles” as my non-native-English-speaking wife likes to say. It wouldn’t even be the first weird little folding e-bike thing I’ve bought this month.
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President Donald Trump could further rachet up sanctions against Russia’s oil sector, with an expected global surplus of crude next year leaving the U.S. room to escalate while insulating American drivers from a price shock.
The Treasury Department on Wednesday announced sanctions against Rosneft and Lukoil, Russia’s two largest oil exporters, citing Moscow’s “lack of serious commitment to a peace process to end the war in Ukraine.”
The sanctions mark the “most material move to date by the United States to shutter the Russian war ATM,” Helima Croft, head of global commodity strategy at RBC Capital markets, told clients.
The sanctions took the oil market by surprise. U.S. crude prices spiked nearly 6% to trade above $60 per barrel in response after many traders had discounted the risk of escalation due to Trump’s focus on keeping energy prices low.
Benchmark West Texas Intermediate U.S. crude oil prices hit five-month lows Monday and are down nearly 14% this year. The market has been under pressure as OPEC+ increases production and renewed trade tensions between the U.S. and China trigger fears of a global economic slowdown.
Weaker oil prices have given Trump scope to act against Russia while shielding U.S. motorists, said Bob McNally, president of Rapidan Energy and a former energy advisor to President George W. Bush. The White House likely saw this as an opportune moment to hit Moscow, with the U.S. midterm elections still a year away, Croft said.
“It’s about hurting the Russian finance ministry while protecting the U.S motorist,” McNally said.
Escalation on the horizon
Trump’s sanctions, which take full effect Nov. 21, are likely designed to force Russia to sell its oil at a steeper discount to global benchmark Brent rather than immediately targeting Moscow’s export volumes, McNally said. This would reduce Russia’s petroleum revenue while avoiding a price spike that pinches Americans’ pocketbooks, he said.
But the oil market faces a looming surplus in 2026 that would give Trump more leeway to escalate sanctions against Russia further next year, by directly targeting its export volumes, according to the former Bush advisor.
This would carry the added benefit of aiding U.S. shale oil producers who are under financial pressure from low prices, McNally said. U.S. shale executives have been deeply critical of Trump’s push to lower crude prices in anonymous responses to a quarterly survey conducted by the Federal Reserve Bank of Dallas.
“You can afford to do it because next year it won’t cause $100 oil — if anything it will help oil prices from dropping to $20 a barrel and killing shale,” McNally said.
“Next year somebody has to cut big – OPEC, Russia, Iran or shale,” he said. “Take your pick. The president doesn’t want shale to lose 2 million barrels a day plus like it did in 2020. He may want $40 oil but he doesn’t want $20 oil.”
Immediate market impact
The oil market may be close to pricing in the sanctions after the announcement caught traders by surprise, McNally said. Where prices go from here depends on how the measures are implemented. If the sanctions are loosely enforced, U.S. oil could dip back into the $50s but there’s also a risk that prices could push higher if the administration takes a hard line, the analyst said.
Lukoil and Rosneft account for more than half of Russia’s more than 5 million barrels per day in exports, according to data provided by Kpler. Trump’s sanctions come after former President Joe Biden in January sanctioned Russia’s third and fourth largest producers, Gazprom Neft and Surgutneftegaz.
India remained the largest buyer of Russia crude oil in September followed by China and Turkey, according to Kpler data. Trump has been pressuring India with tariffs to stop its imports of Russian crude.
“Refiners in India, China and Turkey are expected to conduct internal risk assessments on dealings with the sanctioned Russian firms while waiting for clarifications from their governments,” Matt Smith, an oil analyst at Kpler told clients in a note.
That could lead to oil being “being resold — at steep discounts — to refiners willing to take the risk, such as already-sanctioned entities” or small, independent, privately-owned refineries in China, Smith said. “However, a major disruption to Russian crude exports appears unlikely,” he said.
Belgian aviation support brand Shire is hoping to change the airport ground support equipment (GSE) game with a line of purpose-built baggage and cargo tractors engineered from the ground up as electric vehicles.
A spinoff of M-ECS (Mertens Electrification & Control Systems), a Belgian engineering company with expertise in automation, electrification, IoT, and smart systems, Shire is leaning on its decades of engineering know-how to develop purpose-built electric GSE that, they believe, is vastly superior to retrofit designs that put electric motors in spaces originally designed for ICE.
“Retrofitting remains essential in the short term,” explains Toon (his real name) Mertens, founder of M-ECS. “But purpose-built electric machines are the real path to long-term efficiency, safety, and resilience.”
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Tesla CEO Elon Musk managed to find a way to turn lobbying, which is typically one of the most efficient ways to spend money as a company, into a net revenue loser for his company – flipping the script again from a true “innovator” in the field of corporate destruction.
Tesla released its 10-Q filing today, to supplement its Q3 shareholder letter and conference call from yesterday’s quarterly report.
The filing gives us more detail about what’s going on with Tesla’s financials, namely, how Tesla managed to have record revenue last quarter and yet still have a 40% drop in operating income from the year-ago quarter.
One explanation for this drop is lost revenue from regulatory credits. Regulatory credits have been a relatively stable portion of Tesla’s earnings over the years, as it is one of few companies producing more electric vehicles than it is legally required to.
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What are regulatory credits?
Several governments have committed to reducing pollution, and one way that they can do so is by requiring automakers to make less-polluting vehicles.
Generally, if an automaker fails to meet the guidelines set up by government, they have to pay a penalty for polluting the air too much and harming everyone with that pollution. Or, instead of paying that penalty, they can buy credits from a company that exceeded the guidelines, thus transferring money from the companies that are doing a bad job to the companies that are doing a good job.
Every government has a slightly different way of implementing requirements and credit swaps, but this is generally how it works on a high level.
Put aside for the moment that these penalties, or the cost of credit swaps, are almost always far lower than the actual amount of damage done by pollution, this is at least one method that governments can and have used to try to encourage cleaner air and lower health costs for the populations they govern.
Rules changed by republicans to cost you more money
That is, until the republican party came along. Buried in the $4 trillion giveaway to wealthy elites passed by republicans earlier this year was another provision to reduce the cost of regulatory fines in the US to $0.
Congress could not legally eliminate the fines, since they are mandated by the Clean Air Act, and republicans in Congress didn’t want to modify the Clean Air Act because it would be more obvious to everyone that they want dirty air, and because they didn’t have the votes to do so. But they did have the votes to do an end-run around democracy and eliminate the fines, which makes the regulation effectively useless.
So now, automakers have less incentive to work on making their cars more efficient. This means you’ll be buying more gasoline, that each gallon will have higher prices (and the increased price won’t go to any social good, but rather to line oil companies’ pockets), and that you’ll suffer from more air pollution which leads to higher health costs for everyone.
When, in contrast, President Biden had strengthened this rule, just the modifications made by his administration were estimated to save $600-700 over the lifetime of each vehicle, or $23 billion in total across the US. But that’s only from Biden’s improvement of the rule; the rule in total saves much more, in comparison to not having the rule at all.
But what does this all have to Elon Musk?
Elon Musk lobbied to have these rules removed, harming his company
But, due to Musk’s social media addiction to his bizarre upside-down twitter feed, he and many others convinced themselves that somehow, harming EVs would be good for EVs.
So, Musk spent the millions, got what he wanted, claims it was all because of him (egotistical much?), and as a result, his company… is worse off.
According to the company’s 10-Q filing, Tesla lost $1.41 billion worth of revenue in just the last 9 months that it would have had if not for changes in regulatory regimes. Here’s the passage, in financial speak:
Automotive Regulatory Credits
As of September 30, 2025, total transaction price allocated to performance obligations that were unsatisfied or partially unsatisfied for contracts with an original expected length of more than one year was $3.27 billion. Of this amount, we expect to recognize $877 million in the next 12 months and the rest over the remaining performance obligation period. Changes in regulations on automotive regulatory credits may significantly impact our remaining performance obligations and revenue to be recognized under these contracts. In 2025, governmental and regulatory actions have repealed and/or restricted certain regulatory credit programs tied to our products, contributing to the $1.41 billion decrease in our remaining performance obligations as of September 30, 2025 compared to December 31, 2024.
Translated, that means that the value of the various contracts that Tesla has to sell regulatory credits to other companies has reduced by $1.41 billion dollars as compared to where they were at the end of last year. Tesla says that the specific reason for this is due to the change in regulatory credits that its bad CEO lobbied for.
Some could argue that the value of Musk’s lobbying was to get a foot in the door, and to be able to influence republicans to do less anti-EV stuff than they might have otherwise done, but that hasn’t turned out to be the case. There is no indication that republicans have softened their anti-EV position, and in fact, they keep doubling down on trying to harm you and ignoring science. And besides, Musk hasn’t even maintained any relationships, after a very public breakup.
So, somehow, Musk managed to turn lobbying spend from one of the most efficient possible ways a corporation can spend money, into one of the most inefficient ways.
Lobbying is generally highly efficient spend; Musk flips the script again
Normally, lobbying is considered an incredibly efficient way for companies to make money. Various analyses have suggested that the average return on investment from lobbying dollars is anywhere between 22,000% and 104,000%. (Yes, this is a problem, but it’s not what we’re discussing at the moment).
However, in this case, lobbying produced a loss of 489% of the money spent – and that’s just counting the losses caused by the last 9 months, and only in regulatory credits. Those credits are pure profit, too, with no cost of revenue associated with them, so this is just a straight loss of money for the company and its shareholders.
In addition to those losses, there’s the lost revenue from vehicle sales. While this has not yet been recognized by the company, going forward Tesla sales will experience a dip now that all of Tesla’s automotive and home energy products – essentially, all of the products that Tesla sells – have been made more expensive in the US due to political changes.
Needless to say, none of these options are great for business.
And so, since vehicle credits didn’t end until the end of Q3, and since home energy credits go away at the end of this quarter (and if you want your last chance to get in before they do, get started here), that means business going forward from this quarter will be a lot worse.
In addition to the lost revenue from credits, there is another issue which is more difficult to track, but is definitely happening.
The trillion-dollar number takes into account some optimistic stock growth for the company (which is unlikely given Musk’s recent performance as CEO, where earnings have dropped precipitously), but is still around 40x more than Tesla has ever made over its entire history. It’s also the largest CEO payday in history by multiple orders of magnitude.
Regardless of whether stock appreciates enough to give Musk all the shares covered under the plan, there is still room in the proposals for him to be granted well over 200 million newly printed shares of stock for doing nothing whatsoever, leading to dilution of voting rights and share value for current shareholders. The plan gives Musk’s personal friends on Tesla’s board significant discretion in this matter, and saddles the company with his poor leadership for another decade.
It would also give him a huge source of wealth, which he could turn into cash, to spend on other lobbying activities to harm Tesla’s business, as he has proven above that he is happy to do. If Musk can manage to lose Tesla $1.41 billion plus with $288 million, imagine what he could do with $1 trillion.
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