Phoenix-based Lectric eBikes has made a name for itself in its two short years of existence thanks to the company’s smash hit Lectric XP e-bike. Now the garage startup turned massive e-bike brand is getting a boost of old-school cred with the hire of industry insider Jeff Frehner as its new COO.

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The battery-swapping Goliath known as Gogoro is going public on the Nasdaq stock exchange in a monumental deal set to value the company at around US $2.3 billion.

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The post Next stop, Nasdaq! EV battery-swapping network Gogoro is going public appeared first on Electrek.

Ola’s S1 and S1 Pro electric scooters are off to a massive start after the first day of sales, with CEO Bhavish Aggarwal claiming that the company is selling two electric scooters every second.

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The post Ola’s 70 MPH electric scooters selling like hotcakes, two every second appeared first on Electrek.

EV manufacturer Workhorse Group announced it is voluntarily withdrawing its legal challenge against the United States Postal Service (USPS). The June lawsuit addresses the USPS awarding a multibillion-dollar contract to Oshkosh Defense to produce its next fleet of mail delivery vehicles. Workhorse’s new CEO was behind the decision to forfeit the protest, citing an intention to cooperate with the government on future EVs, rather than challenge it through litigation.

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The post Workhorse withdraws protest filing against USPS to focus on other business opportunities appeared first on Electrek.

A 30% tax credit for electric bicycle purchases in the US has been slowly working its way through the gauntlet of Congress. The latest update to the proposed legislation shows much anticipated progress but also reduces the potential size of the incentive.

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The post Electric bicycle tax credit makes progress in Congress but gets slashed from 30% to 15% appeared first on Electrek.