SONDORS says it sold 1,000 electric motorcycles in a week after huge price drop
Electric bike and e-motorcycle company SONDORS appears to be riding a new wave of orders for its SONDORS Metacycle electric motorcycle.
Last week the company created a limited discount of $2,500 on its $6,500 electric motorcycle.
The discount, announced as a form of “credit” provided by the company, was said to be available for the next 1,000 customers who put down a $500 deposit.
Those bikes would be slated for Q4 2023 deliveries.
A week after announcing the discount, SONDORS now says that all of the credits have been used up.
The fire sale seems to have created quick demand, which shouldn’t come as a surprise. $4,000 can get you a pretty nice 20 mph (32 km/h) electric bicycle, so a highway-capable electric motorcycle for the same price sounds quite enticing.
But the surprise discount fueled more than just quick demand. It also created significant speculation about the company’s financial standing. After the company filed for an IPO late last year and revealed a less than rosy financial report, SONDORS has since postponed the planned IPO.
The $2,500 Metacycle discount was seen by many as a way to shore up some quick demand, though it would have only resulted in an immediate cash infusion of US $500,000 from the reservation deposits. Once the bikes are produced, that would turn into $US 4 million.
The company has long operated on a presale model, where deposits or full presale amounts are used to fund production of each successive round of bikes. The model is commonly used in the electric bicycle industry, but SONDORS has relied on its e-bike roots to bring the model into the e-moto world.
SONDORS has been ramping up deliveries of its Metacycle, which was first unveiled in early 2021. The bike had a rocky rollout after suffering from production delays and surprise design changes.
The Metacycle, despite failing to deliver on some of its loftier original promises, has proven itself to be a capable urban commuter bike that is still fast enough for short jaunts at highway speeds.
The maximum claimed range of 80 miles (130 km) is only achievable at slower city speeds, but mixed ranges of 40-50 miles (64-80 km) with combined city and limited highway riding have been reported by riders. That’s not going to make this into a touring bike, but should be sufficient for most commuters.
I took the bike on one of its first public review rides (see my video review below) and found it to be a fun and nimble ride. I’d gladly own and ride it as a commuter bike, and I’d recommend it for that use case. My testing showed that the bike felt like the perfect upgrade for someone that comes from an electric bicycle background and is ready to upgrade to a motorcycle.
The scooter-style setup with modest power and acceleration as well as dual hand brake levers makes the bike easy to ride for newcomers to motorcycles. Yet, it still has fun performance that you can’t get from a typical electric bicycle.
The Metacycle became one of the first low-cost light electric motorcycles to hit the market in the US, but will soon face competition from other models.
The CSC RX1E is said to be arriving in the US in April, and the folks at RYVID are surely hoping to take their own significant slice of the light electric motorcycle pie when the RYVID Anthem bike launches sometime later this year.
In the meantime though, the Metacycle is largely the only low-cost light electric motorcycle in town.
Electrek’s Take
I don’t have any other information on SONDORS’ financial situation other than what I’ve reported on, but the rapid pre-sale of 1,000 bikes with a price tag lower than even the promotional launch price doesn’t imply a strong position.
That being said, I’m seriously rooting for SONDORS and I hope that this can help launch the Metacycle even further. While it’s no sport bike, I will always praise the Metacycle’s innovative design and accessible price. The bike works well, is fun to ride and has the serious potential to bring commuter/recreational e-motorcycle riding to so many more people than would have been possible before.
So let’s hope this works, because for all its faults, the Metacycle is here. It rides. And we need more things like it.
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Aviation startup ZeroAvia says it’s been granted a “raft” of 45 new patents key to the development of practical large hydrogen aviation engines – and the company says it has 200 more H-related patents in the pipeline!
The news comes just weeks after ZeroAvia and Scottish regional airline Loganair announced a new, hydrogen-electric “turboprop” replacement motor capable of up to 5MW of shaft horsepower (~6,700 hp). United States Patent and Trademark Office (USPTO) no. 12,341,225 covers an integrated hydrogen-electric engine design land is key to the development of a modular multi-MW hydrogen-electric engine for the ATR 42 and 72 model aircraft — which Loganair owns more than twenty of.
ATR isn’t the only potential customer ZerAvia is eyeballing, either. Despite hydrogen losing ground on utility-scale projects and more companies realizing that it’s “impossible” for hydrogen to compete as a transportation fuel, the fuel still seems to have some practical application in the aviation space. Both Airbus and Boeing have advanced plans and IP for hydrogen-ready airframes in recent weeks, as well, making the IP for large hydrogen-powered aviation engines that much more valuable.
“Recent patents filed and granted around hydrogen aviation give a window into an accelerating field of innovation,” explains Val Miftakhov, Founder and CEO, ZeroAvia. “As we see the large airframe manufacturers beginning to compete on technologies for hydrogen aircraft, there is a big opportunity for companies pioneering hydrogen propulsion systems. These are the inventions that will deliver truly clean, more affordable and highly efficient commercial air travel.”
What it’s all about
Like many tech-based startups, securing IP has been an integral part of ZeroAvia’s strategy, with the value of its patents being, essentially, the value of the company. Just as – if not more important to airlines like Loganair, American, and EcoJet, however, are the potential cost-savings of hydrogen compared to conventional aviation fuels like kerosene.
Importantly, these novel engines promise cost reductions for airlines. The substantially lower maintenance needs of hydrogen-electric engines will mean a decrease in maintenance and downtime for an airline’s fleet, with hydrogen fuel also projected to be significantly more cost effective than kerosene over time.
ZEROAVIA
You can read more about the new ZA600 and ZA2000 hydrogen-electric av motors here, and let us know what you think of hydrogen’s chances against traditional, kerosense-based aviation fuels in the comments.
SOURCE | IMAGES: ZeroAvia.
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You might want to hold onto your handlebars for this one – literally. The fashion-forward British electric scooter maker Bo just unveiled what could be the most extreme electric scooter the world has ever seen. Named The Turbo, this standing e-scooter isn’t just playing around with speed – it’s aiming to smash right through it and find out what’s waiting on the other side.
And it all begs the question, “How much is too much?”
When we talk about fast electric scooters, we’re usually in the neighborhood of 50 mph (80 km/h). But the Bo Turbo doubles those numbers.
With 100 mph+ (160+ km/h) top speeds and claimed acceleration that’s faster than a Tesla, this scooter seems to use a design philosophy pulled straight from the playbook of Formula One. Thus, it should come as no surprise that the team behind The Turbo includes engineers with experience from Williams F1 and the Bloodhound Land Speed Record rocket car.
The world’s fastest e-scooter?
Built on the same base chassis as the company’s sleek road-going Bo Model-M, The Turbo takes everything up a notch – actually, several notches. It features a 24,000 W dual-motor powertrain, 1,800 Wh battery, advanced traction control, and a power-to-weight ratio that reportedly beats a Bugatti Veyron.
At full power, the system is capable of propelling riders down a straightaway at three-digit speeds while standing upright. It’s absurd. It’s glorious. It’s gratuitous. It’s a dream. Or it’s a nightmare.
Bo says the machine is already delivering 85+ mph (137+ km/h) in early track testing at Goodwood Motor Circuit and is currently in development to push beyond the 100 mph barrier under Guinness World Record supervision.
And just in case you’re wondering if this is some experimental prototype cooked up in a lab – it’s not. The company is planning a limited run of built-to-order Turbo scooters, starting at a whopping $29,500. The first one is scheduled for delivery to a collector in Madrid during the 2026 Formula One race weekend.
From F1 brake ducts to street scooter DNA
Despite the headline-grabbing speed numbers, there’s a ton of serious engineering going on here. The Turbo uses ram-air intakes based on F1 brake cooling designs to keep the motors and controllers from overheating. The chassis – made from aerospace-grade aluminum and CNC-machined billet parts – is based on Bo’s proven Monocurve platform, the same structure that underpins the Bo Model-M. In fact, that might be the most impressive part of all, that the same chassis used underneath their everyday-ride-it-to-work Bo Model-M scooter is also holding together this 100 mph beast.
Bo’s team insists that despite the monster specs, The Turbo remains “surprisingly rideable.” Professional BMX rider Tre Whyte has piloted over 20 high-speed test runs, with the team now preparing to push the envelope even further.
A wild PR stunt – or something more?
It’s tempting to see The Turbo as just a headline machine (and hey, it works), but Bo says this project is about more than just chasing speed records. According to Bo CEO Oscar Morgan, “The Turbo is part of our mission to elevate these futuristic electric vehicles into the top tier of automotive performance.”
And honestly, they’ve got a point. E-scooters have exploded in popularity as low-speed urban vehicles, but the category rarely gets taken seriously in the performance world, despite the advent of racing leagues. Bo wants to change that – and they’re using motorsport technology to do it.
Electrek’s Take
Is this a practical daily rider? Absolutely not. But that’s not the point.
Bo is doing what so few e-scooter companies are willing to do – pushing boundaries, proving performance, and trying to make scooters feel exciting, not just functional. Whether The Turbo hits 100 mph or not, it’s already helped raise the bar for what electric micromobility can be. And if that means they develop safer and stable ways to build scooters along the way, then all the better.
The fact that they actually plan to sell these is a bit worrying, though the $30k pricetag means the local teens on your street aren’t going to be terrorizing the sidewalks with them. Well, not unless you’ve got an oil sheikh and his teenagers living on your street.
But hey, if you’ve got thirty grand and a need for painful death levels of speed – maybe this is your next toy.
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Environment
Chevron defeats Exxon in dispute over Guyana oil assets, clearing path for Hess acquisition
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American nation of Guyana, Exxon CEO Darren Woods told CNBC’s Becky Quick on Friday.
The ruling by the International Chamber of Commerce in favor of Chevron clears the way for the oil major to complete its $53 billion acquisition of Hess Corporation.
Chevron shares jumped about 3% in premarket trading.
“We disagree with the ICC panel’s interpretation but respect the arbitration and dispute resolution process,” Exxon said in a statement Friday.
The dispute had created significant uncertainty over whether Chevron’s acquisition of Hess would close, weighing on the oil major’s stock performance. The transaction would have failed if Exxon had prevailed.
Exxon and China National Offshore Oil Corporation had filed an arbitration case with the ICC, claiming a right of first refusal over Hess’s assets in the Stabroek Block, an oil development off the coast of Guyana.
Hess has a 30% stake in an oil patch, while Exxon leads the project with a 45% stake and CNOOC maintains 25% stake.
“We welcome Chevron to the venture and look forward to continued industry-leading performance and value creation in Guyana for all parties involved,” Exxon said.
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