When will Toyota launch an electric SUV for under $20,000 in the US or Europe? We’ll keep dreaming. Toyota is launching the new bZ5 electric SUV next week in China amid an intensifying EV price war. The new SUV will draw power from BYD’s batteries and EV powertrain as Toyota looks to get a leg up on the competition.
This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes Trek’s first throttle e-bike, NYC imposing a 15 MPH speed limit for e-bikes, MeetOne Tour electric trike review, why your e-bike frame number is important, NIU’s stock is soaring, and more.
Tesla CEO Elon Musk and President Trump are in the middle of a nasty break-up and it didn’t take long for Musk’s companies, including Tesla, were thrown in the middle of it like kids in a divorce.
We will focus on the real impact on Tesla’s business here, rather than its stock price, which is largely driven by sentiment, similar to a meme stock.
Tesla has announced that it now offers interest-free loans on the Cybertruck until the end of the month. The move is the equivalent of a roughly $10,000 discount and shows that Tesla has reached a new level of desperation in trying to sell the Cybertruck.
Tesla stock dropped over 50 points today, primarily in response to a very public feud between Tesla CEO Elon Musk and convicted felon Donald Trump.
But, as we pointed out in November, this doesn’t have anything to do with company performance, and rather only reflects a change in the market’s expectation of potential benefit to Tesla from government corruption.
Kia’s first electric sedan is off to a slow start. Despite selling just 831 EV4 models in its first sales month, Kia expects things to pick up quickly from here.
A new Chevy Equinox prototype was spotted testing, hinting that a new plug-in hybrid variant could be coming soon. The Equinox is already a top-selling EV in the US (and Canada), but a plug-in hybrid (PHEV) model would be a first for one of GM’s most popular SUVs.
Leading today’s Green Deals is Rad Power’s Father’s Day Sale, which is taking up to $600 off e-bikes, like the Dad-approved RadRover 6 Plus Step-Thru Fat Tire e-bike for $1,399. EcoFlow has also launched 72-hour flash savings from its June Disaster Sale on three add-on units, like the Home Backup Kit, which is getting a rare discount to $349, along with two expansion battery bundle offers. We also have two lawn care solution deals that offer 2-in-1 functionality, with the Greenworks 24V 10-inch Cordless Pole Saw and Pole Hedge Trimmer Combo at its $200 low, while the Worx GT3.0 20V String Trimmer/Edger comes with two batteries for $94. Lastly, to help with your summer home prep, there’s Camplux’s 18W Tankless Electric Water Heater at $260, as well as alternate-sized models. Plus, there’s all the rest of the hangover Green Deals in the links at the bottom of the page, like yesterday’s exclusive new low prices on the Anker SOLIX EverFrost 2 58L electric cooler bundles, and more.
Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.
