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The RadRunner 3 Plus is an electric utility/cargo bike that deserves a serious second look because of its unique place in the market, straddling the line between value-oriented and premium-focused. It comes from Rad Power Bikes, one of the leading budget-minded e-bike brands in the US, yet is part of the company’s push toward the more premium segment of the market.

When Rad Power Bikes first unveiled the “Plus” line, it consisted only of the original RadRunner Plus. That was followed by launches for Plus versions of the RadRover and RadCity, adding higher-end parts like hydraulic disc brakes, higher torque motors for better hill climbing, and more sophisticated displays on the handlebars, among other upgrades.

Now, the RadRunner 3 Plus brings a whole new push toward premium from the company, showing that Rad doesn’t just want to be seen as a low-cost e-bike maker. Instead, it wants to compete with the higher-priced players in the market.

But can the RadRunner 3 Plus hang with the big boys and command a higher price? That’s exactly what I set out to discover. Check it out in my video review below, or keep reading for more details afterward.

RadRunner 3 Plus video review

RadRunner 3 Plus tech specs

  • Motor: 750W rear-geared hub motor
  • Top speed: 32 km/h (20 mph)
  • Range: 45-72 km (25-45 mi) depending on user input
  • Battery: 48V 14Ah (672 Wh)
  • Charge time: 6 hours
  • Weight: 34.2 kg (75.5 lb)
  • Max load: 159 kg (350 lb)
  • Brakes: Tektro hydraulic disc brakes on 180 mm rotors
  • Extras: Side kickstand, dual LED displays, integrated head/tail/brake LED lights, bell, half-twist throttle, mounting for the huge collection of front and rear racks/accessories

What more does it give us?

The RadRunner 3 Plus was unveiled with several new features compared to the previous version, adding parts like dual LED displays, hydraulic disc brakes, a slicker-looking semi-integrated battery, improved suspension, more comfortable seat design, and more.

But it also came with a surprisingly high price. It was quickly dropped to its current price of US $2,299 from a debut at US $2,499, but that still makes it the priciest RadRunner ever.

However, coming from someone who has ridden every version of the RadRunner, I can tell you it’s the best one yet.

The bike rides beautifully thanks to its design and geometry, giving me a comfortably relaxed ride stance that lets me rest my feet on the ground at stops while still having good pedaling form. The newly updated seat is also a major improvement, though the old RadRunner seat from the early days never bothered me as much as I heard from others.

The power is there, though I always feel like I want more when I hit that 20 mph (32 km/h) wall. I know Rad Power Bikes is content with Class 2 e-bikes, but I often find myself pining for a little Class 3 extra speed on long straightaways. That goes double when I’m on the side of a higher-speed road, keeping up with faster car traffic.

The utility design of the bike is also top-notch. As a step-through, it’s easy to mount, even when loaded up with cargo on the rear rack. There are so many RadRunner copies and clones these days that it can be hard to remember that this is the bike that started it all. And Rad hasn’t lost sight of that, ensuring the most recent edition stays true to that RadRunner DNA that makes it a potent little cargo hauler. It feels like a stubby cargo bike because that’s what it is.

You really begin to appreciate this bike’s potential when you add accessories. Keep in mind Rad’s accessories don’t come cheap, but they add even more utility here.

One of my favorites has always been the Passenger Package since it turns this into a two-passenger e-bike. I can easily treat it like my motorbikes or scooters, taking my wife along for a ride. A two-person e-bike is a handy transportation tool, solving the one-person-per-bike dilemma that has long plagued two-wheelers.

radrunner 3 plus

Then there’s the cargo options, and this is where the bike really shines. I was most impressed by the hard cases, which are lockable and sturdy. I’m not kidding – I’ve got an electric motorcycle that has locking hard cases that feel flimsy next to Rad’s bike hard cases. These are solid, waterproof cases with sealing gaskets to keep rain out. They are so well constructed that if you hit something while riding, you’d better check that thing first. These boxes aren’t going anywhere.

The only downside is they all seem to have different keys, and if you go with the two side cases, the rear rack case and the center console, you’ll have four different cargo keys to deal with. I know keying them alike would be tricky since some people will only order a few cases and the whole set, but if there were an option for a quadfecta of keyed-alike boxes, I’d jump for it in a heartbeat.

As nice as the bike and its accessory line is, not everything is perfect. One thing I wish this version of the RadRunner Plus hadn’t lost was the center kickstand. There’s a new side stand, which works fine, but I liked the center Y-kickstand for its stable parking option, especially when loaded with lots of cargo.

Then there’s the price. At $2,299, this is a tougher sell today than it would have been in the past. It’s a great bike, but many bikes on the market now have good utility designs, hydraulic brakes, 750W motors, big batteries, and nice accessories – and many of them cost significantly less.

They aren’t as nice as the RadRunner 3 Plus, I can attest to that. But saving nearly a grand will be worth cutting a few corners for many people.

So, in my opinion, if you have the extra cash to spend, you’re going to get an amazing quality utility bike with the RadRunner 3 Plus. It’s just hard for me to call it the same bang-for-your-buck as it once was a few years ago, even in the non-Plus version. You can, of course, still get the RadRunner 2, which is the current “non-Plus” version, and it’s only $1,299 at its current sale price. It doesn’t get you many of the nicer parts of the RadRunner 3 Plus, but it’s a hell of a deal. For the RadRunner 3 Plus here, I still say Rad did a great job on it – I just wish it was a few hundred bucks cheaper so I could give it a more forceful recommendation based on value and not just on quality. As it stands, it’s a great bike, but a pricey one.

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Exxon Mobil earnings beat as production growth and cost cuts offset the sting of falling oil prices

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Exxon Mobil earnings beat as production growth and cost cuts offset the sting of falling oil prices

Exxon Mobil earnings beat even as profit falls on oil price decline

Exxon Mobil reported first-quarter earnings Friday that beat Wall Street expectations, but declined from the prior year as crude oil prices have fallen sharply on fears that President Donald Trump’s tariffs will hit global demand.

The oil major said volume growth in the Permian Basin and Guyana combined with cost-cutting measures largely offset lower earnings from weak oil prices. U.S. crude prices have fallen 18% this year as Trump’s tariffs raise fears of slower demand at the same time producers in OPEC+ plan to increase supply.

Exxon shares were up less than 1% in premarket trading after the results.

Here is what Exxon reported for the first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: 

  • Earnings per share: $1.76 vs. $1.73 per share expected
  • Revenue: $83.13 billion, vs. $86.72 billion expected

Exxon said its profits declined 6% to $7.71 billion, or $1.76 per share, from $8.22 billion, or $2.06 per share, in the same quarter last year.

The oil major’s global production business posted earnings of $6.76 billion in the quarter, an increase of about 19% from $5.66 billion in the same period a year ago. Profits in the segment rose due to growth in the Permian and Guyana as well as cost savings.

Earnings in Exxon’s U.S. production segment soared more than 70% to $1.87 billion from $1.05 billion in the same quarter in 2024.

Exxon’s global production came in at 4.55 million barrels per day, an increase of 20% compared to 3.78 million bpd in the year-ago period.

Exxon said first-quarter capital expenditures of $5.9 billion were consistent with its guidance of $27 billion to $29 billion for 2025.

The company said it returned $9.1 billion to shareholders in the quarter, including $4.3 billion in dividends and $4.8 billion in share purchases.

Read the full earnings release here.

This is a developing story. Please check back for updates.

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Chevron stock falls as lower profits and oil prices set to slow the pace of stock buybacks

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Chevron stock falls as lower profits and oil prices set to slow the pace of stock buybacks

Chevron stock falls as profit declines on falling oil prices

Chevron stock fell on Friday as the oil major’s profit declined, hurt by the steep drop in oil prices this year.

U.S. crude oil prices have fallen about 18% this year as President Donald Trump’s tariffs are expected to weigh on demand at the same time OPEC+ plans to pump more supply into the market.

The oil major said it plans to repurchase $2.5 billion to $3 billion of its own stock in the second quarter, which is lower than the $3.9 billion it bought back in the first quarter.

Chevron shares were recently down more than 2% in premarket trading.

Here is what Chevron reported for the first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: 

  • Earnings per share: $2.18 adjusted vs. $2.18 expected
  • Revenue: $47.61 billion vs. $48.09 billion expected

Chevron’s net income declined more than 30% to $3.5 billion, or $2 per share, from $5.5 billion or $2.97 per share, in the year-ago period. Excluding one-time items, Chevron earned $2.18 per share, which was in line with Wall Street estimates.

Chevron’s U.S. production business posted a profit of $1.86 billion, a decline of more than 10% from $2.08 billion in the year-ago period, as it experienced higher operating expenses and lower commodity prices.

The oil major’s U.S. refining business swung to a profit of $103 million after posting a loss of $348 million in the fourth quarter of 2024. The segment’s earnings, however, declined 77% from $453 million in the year-ago due to lower margins on refined product sales.

Chevron’s produced 3.35 million barrels per day in the quarter, largely flat compared to 3.34 million bpd in the year-ago period.

Capital expenditures declined about 5% to $3.9 billion, down from $4.1 billion one year ago.

Read the full earnings release here.

This is developing story. Please check back for updates.

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Tariffs will increase Zero Motorcycles’ prices on its more affordable e-motorbikes this month

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Tariffs will increase Zero Motorcycles' prices on its more affordable e-motorbikes this month

Zero Motorcycles has announced that its newest line of electric motorbikes will see a price increase in the US due to the Trump Administration’s tariff policy. But the saving grace is that the company is allowing reservations made in the next few weeks to secure pre-tariff pricing.

Zero launched its new X-line of smaller electric motorcycles late last year, ushering in a Sur Ron-style pair of bikes that cost a mere fraction of the company’s larger street bikes.

Designed for off-road use in the US or both on and off-road use in Europe, the Zero XB and XE were designed to be as affordable to new riders as they are approachable.

The XB was unveiled with a price tag of a mere US $4,195 or €4,500, while the larger and more powerful XE carried a price tag of US $6,495 or €6,500.

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The pair were part of the motorcycle maker’s plans to have six unique models all priced at under US $10,000 in the next two years. However, those plans may face increasing pressure after the Trump Administration imposed harsh new tariffs on imported goods to the US, forcing many manufacturers to increase prices.

Zero’s push for more affordable electric motorcycles is made possible mainly by its partnership with Chinese electric motorcycle manufacturers like Zongshen. While such companies have years of experience manufacturing motorcycles at more affordable prices, their relative cost advantage could take a serious hit under the US’s aggressive stance towards foreign-produced goods.

The first XB and XE motorcycles are expected to be delivered to existing reservation holders this Summer. However, for anyone who doesn’t yet have a pre-order in place, Zero says that it will still honor the existing pricing for reservations placed before May 18, 2025.

Bikes reserved in the next two weeks are not expected to ship until later this year, meaning they will almost certainly be subject to increased tariffs, though it appears Zero is prepared to eat those tariffs for an early group of reservation holders.

“Zero Motorcycles remains committed in our mission to deliver industry-leading electric motorcycles while maintaining an accessible price point for consumers around the world,” said Sam Paschel, CEO of Zero Motorcycles. “Our customers are at the heart of everything we do. And by honoring prices for early reservation holders – despite the shifting global economy – we’re reinforcing our position as the leader in the electric space and building the future of two-wheel transportation.”

Electrek’s Take

What a time to double down on Chinese partnerships. I feel for Zero, who was obviously looking for a way to reach more riders, especially young riders in the Sur Ron/Talaria demographic, and found the obvious way to do so by going to the world’s biggest market for producing e-motorcycles.

That’s not to say that US-based production isn’t possible. Zero used to do more production locally before slowly shifting more and more of its manufacturing overseas. There are still companies like Ryvid who manufacture in the US, though even those companies rely on many imported components and will still likely take a hit from tariffs.

The long and the short of it is that the entire electric motorcycle industry is going to be shaken by these tariff policies, and no US consumer will spared. Or at least, none after May 18th.

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