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Industry
Lectric launches value-focused XPress Lite urban commuter e-bike
U.S. e-bike maker Lectric has launched its new urban commuter model, the XPress Lite, priced at $1,099. Designed to be lighter and cheaper than the XPress 2, it weighs about 20.7 kg without the battery. It uses a 500W rear hub motor with peak output of 864W and torque above 61 Nm. A 7.8Ah, 375Wh battery offers up to about 72 km of pedal-assist range.
Industry
Tesla formalises China FSD, shifts strategy; no \'EV chasm\'
Tesla is adjusting its full self-driving (FSD) strategy in China, formalising its rollout while leaving the timing unclear and renaming the feature “Tesla assisted driving” in a move seen as aimed at regulation. Strategy shifts are also drawing attention to expansion in other Asian markets such as South Korea. Tesla is also facing production and supply-chain variables, intensifying competition from China and rivals, and broader changes in the EV market and mobility services driven by data and AI.
Industry
Lectric unveils XPress2 commuter e-bike at $1,399
Lectric Ebikes unveiled its new commuter e-bike model, the XPress2, aiming at the urban market. The company priced it at $1,399 and said it improves overall performance and finish while keeping the pricing of its lower-cost models. The XPress2 comes in Commuter and Cruiser versions. It features a new 750W rear hub motor, an assist system with switchable torque and cadence modes, upgraded suspension and hydraulic brakes, a removable 672Wh battery and a 3.5-inch color display.