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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The new and improved Hyundai IONIQ 5, or the hot-selling Chevy Equinox EV? Which electric SUV makes the smarter lease? Here’s the rundown.
Over 607,000 electric vehicles were sold in the US in the first half of 2025, thanks to some big discounts. Many automakers are currently offering generous savings, as Trump’s “One Big Beautiful Bill” is set to end federal EV incentives at the end of September.
According to Cox Automotive’s latest EV Market Monitor report, EV incentives reached a record of nearly $8,500 in June, or about 15% off the average transaction price (ATP).
That’s more than double the incentives offered on gas-powered vehicles. Seven electric vehicles had an ATP below $40,000, including the Chevy Equinox EV. The Equinox EV was the top-selling EV in the price range.
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Starting at just $34,995, GM calls it “America’s most affordable 315+ range EV.” The electric Equinox has already propelled Chevy to become the number two EV brand in the US behind Tesla.
2025 Chevy Equinox EV LT (Source: GM)
Through the first half of the year, the Chevy Equinox EV accounted for nearly a third of GM’s electric vehicle sales. And it could have sold even more. A dealer in California reached out to Electrek, claiming they had to wait over a month to receive Equinox EV models. It’s now on track to be among the top three selling EVs in the US.
Chevy Equinox EV interior (Source: GM)
Which EV to lease: Chevy Equinox EV or Hyundai IONIQ 5
With leases starting at just $289 per month, it’s no wonder the electric SUV is flying off the lot. The offer is for 24 months with $3,909 due at signing.
Alternatively, you can opt for 0% APR financing for 60 months, which Chevy is offering on all 2025 electric vehicle models.
2025 Chevy Equinox EV trim
Starting Price
EPA-estimated Range
Monthly lease Price (July 2025)
LT FWD
$34,995
319 miles
$289
LT AWD
$40,295
307 miles
$351
RS FWD
$45,790
319 miles
$416
RS AWD
$49,090
307 miles
$453
2025 Chevy Equinox EV prices, range, and lease price (Including $1,395 destination fee)
The base 2025 Chevy Equinox EV LT starts at $34,995 with up to 319 miles of range. The interior boasts up to 57.2 cu ft of space and a 17.7″ infotainment screen.
How does it compare to the IONIQ 5? Hyundai has upgraded its best-selling electric SUV with major improvements, including increased range (now up to 318 miles), a revamped interior and exterior, and a built-in NACS port to access Tesla Superchargers.
2025 Hyundai IONIQ 5 at a Tesla Supercharger (Source: Hyundai)
After cutting lease prices again this month, the 2025 Hyundai IONIQ 5 is currently listed at just $179 per month.
However, that’s for the base SE mode, which has an EPA-estimated driving range of 245 miles. The longer-range IONIQ 5 SE RWD, with 318 miles range, can still be leased for just $199 per month right now. Both offers are for 24 months with $3,999 due at signing.
2025 Hyundai IONIQ 5 Trim
EV Powertrain
Driving Range (miles)
Starting Price*
Monthly lease price July 2025
IONIQ 5 SE RWD Standard Range
168-horsepower rear motor
245
$42,500
$179
IONIQ 5 SE RWD
225-horsepower rear motor
318
$46,550
$199
IONIQ 5 SEL RWD
225-horsepower rear motor
318
$49,500
$209
IONIQ 5 Limited RWD
225-horsepower rear motor
318
$54,200
$309
IONIQ 5 SE Dual Motor AWD
320-horsepower dual motor
290
$50,050
$249
IONIQ 5 SEL Dual Motor AWD
320-horsepower dual motor
290
$53,000
$259
IONIQ 5 XRT Dual Motor AWD
320 horsepower dual motor
259
$55,400
$359
IONIQ 5 Limited Dual Motor AWD
320-horsepower dual motor
269
$58,100
$299
2025 Hyundai IONIQ 5 price, range, and lease price
Hyundai is also throwing in a complimentary ChargePoint Level 2 home charger with the purchase or lease of a new 2025 IONIQ 5. All IONIQ 5 trims are listed with 1.99% APR financing for up to 60 months.
The 2025 Hyundai IONIQ 5 offers up to 59.3 cu ft of cargo space with a dual 12.3″ driver display and infotainment system setup.
Volkswagen’s ID.3 just got a gold star from the folks at ADAC, Europe’s largest automobile club. After four years of pushing the all-electric hatchback to its limits in a long-term endurance test, the VW ID.3’s battery still held 91% of its original capacity – a big win for EV durability.
Engineers at ADAC’s Test and Technology Centre in Landsberg am Lech, Germany, put the ID.3 Pro S through its paces, clocking over 160,000 kilometers (roughly 99,400 miles). That’s the full length of VW’s battery warranty – eight years or 160,000 km – and the car came out swinging.
The ID.3 Pro S is equipped with a 77 kWh net-capacity battery. Volkswagen guarantees that its ID. models will keep at least 70% of their original net battery capacity by the end of the warranty period. After the test, the ID.3 beat that benchmark by a long shot.
The ADAC didn’t baby this car, either. Over 40% of the charging was done using DC fast chargers, and the vehicle was frequently left at 100% charge between test drives, sometimes for days at a time. (That’s a no-no for battery longevity, but it’s precisely why this test matters.)
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Engineers kept a close eye on the ID.3’s battery health between drives. They also regularly updated the vehicle software, including installing Volkswagen’s EV Route Planner, which calculates optimal charging stops using real-time traffic and charge level data. One major update even bumped up the charging rate to 170 kW.
The software upgrades didn’t just improve charging – they helped boost efficiency too, especially over short distances and during chilly winter temps (0–5C/32–41F).
Beyond battery life, the VW ID.3 also scored high marks for build quality. Even after all those kilometers, ADAC said the chassis, suspension, steering, and body were still in solid shape – no significant wear or issues.
ADAC’s big piece of advice is to keep your software up to date. That made a noticeable difference in range and driving experience over the four-year test.
Martin Sander, a Volkswagen board of management member responsible for sales, marketing and after sales, says the results show its ID. line (including the US-made ID.4s) is built to last. “A high battery capacity of over 90% after 160,000 kilometers confirms our ID. models are also very attractive as used cars and continue to meet the requirements of our customers.”
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Tesla announcing new Model 3 and Model Y variants, the robotaxi expansion wars, big Lucid news, and more
As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:
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We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.
Here are a few of the articles that we will discuss during the podcast:
Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET:
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