Brooklyn-based e-bike conversion kit maker CLIP has launched BOLT, a front-mounted electric motor designed to transform standard bicycles into e-bikes. The company is marketing the device as the world’s most affordable quick-install e-bike upgrade, with a focus on making electrified transportation accessible in low-to-moderate income communities and emerging markets.
Unlike traditional e-bikes, which often start at around US $1,000 and go up quickly from there, BOLT is positioned as a low-cost alternative. The device features a 450W motor and a swappable battery system, providing pedal assistance up to 15 mph (25 km/h).
The kit installs on the front fork of most adult bicycles, making it an option for riders who want an e-bike experience without purchasing a dedicated electric bicycle.
While CLIP has previously targeted the business-to-consumer (B2C) market with its easily mountable e-bike conversion kits, BOLT will be distributed primarily through business-to-business (B2B) channels. The company seems to have its sights set on bike sharing and other commercial operators of bike fleets.
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In the US and Europe, CLIP is selling the system to businesses for $250, including two 144 Wh battery packs. In emerging markets, BOLT will be offered at a $100 price point, excluding the battery, with users paying a $5 per month subscription fee to access rechargeable battery swaps through local partners.
“BOLT is designed to make e-bike commuting truly accessible and equitable for people everywhere, from New York to New Delhi,” said Som Ray, Founder and CEO of CLIP. “BOLT removes the price barriers of traditional e-bikes while maximizing environmental impact to scale sustainable transportation worldwide.”
CLIP is framing BOLT as both an environmental and social mobility tool, citing the high cost of traditional e-bikes as a barrier to widespread adoption. The company states that over 60% of its riders come from low-to-moderate-income communities, and it plans to partner with local organizations to expand access.
The product is being marketed as a low-impact alternative to full e-bike production, with CLIP claiming that BOLT requires 50 times fewer resources to manufacture and has a 30 times smaller logistics footprint compared to conventional e-bikes. The system is manufactured in Kolkata, India, with localized assembly in North America, Europe, and India.
CLIP has positioned BOLT as a disruptive force in e-bike affordability, which tracks with the device’s rather rare design. Instead of a traditional hub motor or mid-drive motor, CLIP uses a friction drive that presses against the front tire of the bike, forcing it to roll forward. The device’s front-mounted motor configuration is notably different from mid-drive or rear-hub e-bike motors. Additionally, its business-to-business sales model means that individual riders will not be able to purchase the system directly, relying instead on third-party distribution networks.
The company has yet to announce specific partnerships or large-scale deployments, though it has set ambitious climate goals. It claims that widespread adoption of BOLT could eliminate up to 3.7 million metric tons of carbon dioxide emissions annually.
As BOLT appears set to enter the market, its impact on the growing e-bike sector remains to be seen. With its low price point and modular design, the system could appeal to budget-conscious riders if it proves to be a viable and reliable alternative to traditional e-bikes.
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Tesla is launching a new car rental program out of its stores in the US, as sales are crashing due to the end of the federal tax credit.
It’s available at select stores in the US right now.
Tesla’s demand in the US, like that of most other electric vehicles, has crashed after the federal tax credit for electric cars ended last quarter, pulling forward a lot of demand.
With inventories piling up at stores and dealers across the country, Tesla has found a new way to use its inventory: it is now renting (not leasing) its vehicles from its stores.
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The rental duration is a minimum of three and a maximum of seven days, starting at $60 per day and increasing depending on the model.
Tesla appears to be using this to show potential buyers how convenient it is to own a Tesla vehicle, since it also includes Supercharging and Full Self-Driving (Supervised) for free with every rental.
If a rental customer decides to order a vehicle within a week of having rented one, Tesla gives them a $250 credit toward the purchase:
Order your own Tesla within seven days of your rental to get up to a $250 credit toward your purchase.
The program is starting with a couple of locations in Southern California, but it is expected to expand before the end of the year.
Car rental giant Hertz has previously bought a large fleet of Tesla vehicles in an effort to electrify its rental fleet.
However, Hertz has been divesting from Tesla vehicles and selling them over the last 2 years, as declining resale values crushed its fleet economics amid Tesla slashing prices due to declining demand over the last 3 years.
Electrek’s Take
It’s rough out there for people selling electric vehicles in the US right now. The lack of policy consistency is resulting in inconsistent demand and discouraging automakers from pushing electric cars, as they do in Europe and Asia.
It’s particularly challenging for automakers like Tesla, Rivian, and Lucid, which sell only electric vehicles, because most people who planned to buy an electric vehicle in 2025 have already bought one in Q3 or earlier.
This rental service is not a bad idea, though, but it’s obviously far from a solution to the demand problem in the US.
It’s wild to think that Tesla’s own CEO is largely responsible for creating this situation by backing Trump in the last elections.
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NIU is back at EICMA 2025 (the Milan Motorcycle Show) with a fresh lineup of electric two-wheelers that push the boundaries of performance, design, and smart connectivity. The Chinese electric mobility giant, already known for selling over 5 million electric scooters and motorcycles across over 50 countries, used the Milan show to unveil its 2026 product range – and it’s clear NIU is looking to hang on to that leader status.
For those unfamiliar, NIU launched its first electric scooter way back in 2015 and quickly rose to prominence with sleek, connected vehicles that combined urban practicality with stylish design. There are a lot of electric scooters out there now, but NIU has consistently been known for high-tech and slick-looking models.
Now, a decade later, NIU’s lineup has matured into a globally recognized suite of smart mopeds, e-bikes, scooters, and electric motorcycles. And at this year’s EICMA, the company made it clear that it’s ready to dominate even more niches.
A smarter NQiX Series
The NQiX Series has already gained traction in Europe’s L1e and L3e vehicle categories, but for 2026, it’s getting even better. All models in the series will be updated with improved motor and battery efficiency for longer range and better consistency. Most notably, NIU is adding onboard navigation powered by Google Maps – a major step toward true “smart” scooters.
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The biggest news, though, is the introduction of the NQiX 1000. Packing 15.5 kW of peak power and topping out at 125 km/h (78 mph), this model is aimed at commuters who want speed, range, and flexibility. With three removable 72V 28Ah batteries and over 100 km of range, it looks set to be a practical yet powerful urban workhorse. The NQiX 1000 will launch in Q3 2026 with a starting price of €6,499.
My first NIU scooter ever was an NQiGT that I got back in 2020, and it helped me fall in love with the brand. The NQiX series has extended what made the original so impressive, and the NQiX 1000 will push that model line into brand new territory, both for technology and for performance.
FQiX brings a fresh face to urban riding
NIU also introduced a completely new design platform called the FQiX Series, targeted at city dwellers who want tech-forward transportation with a bit of flair. Think sleek body lines, distinctive lighting, and a minimalist aesthetic – paired with smart features like a 5-inch TFT display, rear radar, and Bluetooth/NFC/keyless unlocking.
The FQiX 150 (L1e) and FQiX 300 (L3e) offer two tiers of performance but share the same connected tech ecosystem, powered by NIU’s new “Link Crown” interface. These will also arrive by Q3 2026, starting at just €2,399 – making them a compelling choice for first-time e-scooter riders.
This one definitely feels like NIU’s targetted attempt to bring on younger, more budget conscious riders while still giving them access to the technology that separates the brands’ scooters from much of the competition.
XQi goes off-road (and on-road, too)
NIU has been teasing off-road ambitions for years, but the new XQi 300, XQi 400, and XQi 500 take those ambitions up several notches. They follow on the heels of the successful launch of the NIU XQi3, which, for a lack of a better way to describe it, is NIU’s Sur Ron competitor. I had the chance to test it out recently on a trip to tour NIU’s factory. But unlike Sur Rons, Talarias, and most other light electric dirt bikes in this category, NIU made the XQi3 street-legal from the start, meaning riders could register it like a motorcycle and also ride on trails.
Now the XQi3 has been revamped into the XQi 300, keeping much of what made it a success untouched, but adding highly requested features like on-board charging so the battery doesn’t need to be unplugged to recharge. The XQi 400 and XQi 500 add even more power and performance, competing more with the Sur Ron Storm Bee. The XQi 500 Street, in particular, is likely to prove quite popular as a street-legal electric dirt bike with a massive 28.8 kW peak output and a top speed of 110 km/h (68 mph), all in a fairly lightweight 92 kg (203 lb) chassis.
Concept 06 maxi-scooter
NIU also showed off a concept for a potentially upcoming maxi-scooter, and it sounds like they actually want to produce it. This likely isn’t just a crazy concept that will never see the road, but rather a roadmap to what could be NIU’s biggest scooter yet.
The company is projecting impressive performance, including a 20 kW motor, speeds of up to 155 km/h (96 MPH), plus fancy features like a tray table so you can get some laptop work done while you’re charging up.
Electrek’s Take
NIU continues to impress me with its mix of smart tech, eye-catching design, and impressive performance. The addition of Google Maps integration and radar safety features is a clear step forward that I’m excited to see implemented. And with models like the XQi 1000, NIU is branching into serious performance territory. And the new off-road bikes (with street-legal status to ride on the road too!) take what was already a great design and make it even more powerful – and convenient to use.
While some of the subscription models might turn off some users, the base functionality of these vehicles seems generous enough to keep most people happy. And all of that tech on top is what helps separate NIU. If the pricing holds and the specs deliver, I think NIU’s 2026 lineup could shake up both urban and off-road electric mobility in a big way.
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Tesla’s head of the Cybertruck program, Siddhant Awasthi, announced that he is leaving after more than 8 years at the company.
Awasthi is a good example of Tesla’s transition into fostering inside leadership rather than outside hiring.
For better or worse, over the last 5 years, Tesla has virtually had no significant outside hires into high-level leadership roles. It almost exclusively promotes from within.
Awasthi worked on a hyperloop school program, interned at Tesla, and joined the company straight out of school in 2018. Within 2 years, he became an engineering manager. Within 3 years, he was a senior technical program manager in charge of the Cybertruck’s 48-volt architecture.
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To say that this is unusual at a major company would be an understatement.
By late 2022, ahead of Tesla’s planned start of Cybertruck production, he was made head of the electric truck program.
He was in charge of the production ramp and future improvements to the electric pickup truck, which has since become a commercial flop. Tesla is having trouble selling 25,000 Cybertrucks per year, despite planning for an annual production capacity of 250,000 trucks.
Today, the young engineer announced on X:
I recently made one of the hardest decisions of my life to leave Tesla after an incredible run.
He tried to “sum up” his career at Tesla in a paragraph:
It’s tough to sum up eight years in just a few lines, but what a thrilling journey it’s been: ramping up Model 3, working on Giga Shanghai, developing new electronics and wireless architectures, and delivering the once-in-a-lifetime Cybertruck—all before hitting 30. The icing on the cake was getting to dive back into Model 3 work toward the end.
In addition to his duties as Cybertruck program manager, Awasthi was also made in charge of the Model 3 program last summer.
While I’m using Awasthi as an example of Tesla prioritizing internal promotions rather than attracting outside talent, I’m not blaming the failures of the Cybertruck program on him. The blame should always be placed at the very top.
The program failed because someone at Tesla —likely Elon —was way too optimistic about what it could accomplish, and ultimately, what Tesla unveiled in 2019 had very little to do with what it brought to production in 2023.
It had less range, fewer cool features, and all for a way higher price.
But it’s also far from an endorsement of Tesla’s organizational approach, far from it.
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