One of our favorite commuter e-bikes is seeing a rare discount today, as the Aventon Level.2 lands at $1,699. That’s joined by a chance to save on Bosch’s Tronic 4000 electric tankless water heater at $160, as well as some other gear for your electric tool shed. Not to mention this ongoing launch discount on the just-announced Juiced Scorpion X2 at $1,499. But if that doesn’t suit your EV needs, just don’t forget about our usual massive list of other e-bike discounts, too.
Fall has seen quite a few notable discounts go live on e-bikes, and today we’re now seeing one of our favorite releases join in on the action. The Aventon Level.2 Communter e-bike is now down to $1,699 shipped for one of the first times. It’s dropping from the usual $1,799 price tag to deliver an extra $100 in savings and an all-around rare discount on what we called a “top-class commuter electric bike” in our review. This originally retailed $1,949, with today’s offer amounting to a total of $250.
Featuring a 500W rear hub motor, this e-bike can handle 20 MPH top speeds with throttle control, or as much as 28 MPH speeds when you pedal along. It can travel for 27 miles per charge from the former stat, with as much as 53 miles per charge when you’re assisting the motor. It has an aluminum frame with onboard LCD display and a rear storage rack. We break down the full experience in our review, too.
Bosch’s Tronic 4000 electric tankless water heater falls to $160
Amazon is offering the Bosch Thermotechnology Tronic 4000 Electric Tankless Water Heater for $160. For the entirety of the summer, the price has plateaued at $250, with this today’s deal being a sudden and steep 36% fall. This discount currently sits $8 under the going used rate, and marks a new all-time low. This 9.5kW under-sink tankless water heater is designed to provide an endless supply of instantaneous hot water to one or more sinks. It can be installed in a 360 degree orientation, with its 13-inch by 8.5-inch by 4.5-inch size making it easy to fit in tight under-counter spaces, and its low 0.55 GPM activation flow rate, even works perfectly for commercial low-flow faucets. It boasts a 96% thermal efficiency rate with no standby heat loss, saving you time, water, and money.
Greenworks’ 40V dethatcher and scarifier ends summer with $254 discount
Amazon is offering the Greenworks 40V 2-In-1 Electric Dethatcher and Scarifier for $389.99 shipped. This device has been dropping in price since July’s peak of $1,072, having just steeply fallen from $644. This 39% discount is the third-lowest price of 2023 and the lowest of the summer that we have tracked, being beaten out by discounts with only a $15 difference. It currently sits $46 below the current going used rate. Have you been absent or behind with your yard’s upkeep this year? Is your lawn developing far more thatch then you ever intended?
Well, this deal on the specialized 2-in-1 dethatcher and scarifier is a perfect opportunity to fix those mistakes just in time before fall’s cool season officially moves in. Equipped with a 5.0 Ah 40V battery that gives you up to 45 minutes of runtime on a single charge, along with this device’s 14-inch wide dethatching path, you’ll be able to complete the task at hand faster and more efficiently. It also features a 5-position depth adjustment from minus 1/2-inch to plus 1/5-inch for scarifying, and minus 1/10-inch to plus 3/4-inch for dethatching.
Juiced debuts new Scorpion X2 e-bike at $400 off
Juiced Bikes today is launching the new Scorpion X2 e-bike. We detailed everything you need to know about the upcoming EV over at Electrek, but didn’t mention that the Juiced Scorpion X2 is arriving with a limited-time price cut. Ahead of shipping at the end of September, you can now pre-order the new e-bike for $1,499 shipped. Down from $1,899, today’s offer arrives with $400 in savings attached on an all-new electric ride. It’s of course the first discount since launching today, and a new all-time low.
The new Scorpion X2 from Juiced Bikes arrives as a second-generation version of the original HyperScorpion. Now back and better than ever, the brand’s latest electric experience packs a 1,000W RetroBlade motor into a moped-style design with a 15.6Ah battery. That enables up to 28 MPH top speeds, as well as over 55 miles of range. New this time are all-terrain knobby tires for smoother off-road rides, as well as other inclusions like front and rear hydraulic disc brakes, a slick 7-speed transmission, front and rear fenders, and a 2,000-lumen headlight. Of course, that’s all with a $400 discount attached, too.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine.
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Lectric Ebikes appears to be preparing for a major new product launch, teasing what looks like the next evolution of its wildly popular folding fat tire electric bike. Based on the clues, it looks like a new Lectric XP 4 could be inbound.
In a social media post released over the weekend, the company shared a minimalist graphic reading “XP4” along with the message “Tune in 5.6.2025 9:30AM PT.” That date – this Tuesday – suggests we’re just hours away from the big reveal of the Lectric XP 4.
If true, this would mark the next generation of the most successful electric bike in the U.S. market. The current model, the Lectric XP 3.0, has become an icon of accessible, budget-friendly electric mobility. Starting at just $999, the XP 3.0 offers a foldable frame, fat tires, a 500W motor, a rear rack, lights, and hydraulic brakes – all packed into a highly shippable design that arrives fully assembled. It’s the kind of package that has helped Lectric claim the title of best-selling e-bike brand in the U.S. for several years in a row.
With the XP 3.0 still going strong, the teaser raises plenty of questions. Will the XP 4.0 be a modest update or a major leap forward? Could we see new features like torque-sensing pedal assist, a location tracking option, or upgraded performance? Or is Lectric preparing a more comfort-oriented variant, maybe even with upgraded suspension or even more accessories included standard?
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The teaser image, which features stylized stripes in grey, blue, and black, may hold some clues. One theory is that the colors represent new trim options or component upgrades. Another possibility is that Lectric is preparing multiple variants of the XP 4.0 – perhaps targeting commuters, adventurers, and off-road riders with purpose-built versions. We took the liberty of a bit of rampant speculation late last year, so perhaps that’s now worth a revisit.
At the same time though, Lectric’s penchant for launching new models at unbelievably affordable prices has never run up against such strong pricing headwinds as those posed by uncertainty in the current US-global trade war fueled by rapidly changing tariffs for imported goods.
Previous versions of the Lectric XP e-bike line have seen sky-high sales
Whatever the case, Lectric’s knack for surprising the industry with high-value, customer-focused e-bikes means expectations will be high. The brand has built a loyal following by delivering reliable performance at a price point that few can match, and any major update to the XP lineup is likely to ripple across the market.
As a young and energetic e-bike company, Lectric is also known for throwing impressive parties around the launch of new models. It looks like I may need to hop on a red-eye to Phoenix so I can see for myself – and so I can bring you all along, of course.
Be sure to tune in Tuesday at 9:30AM PT to see what Lectric has in store – and you can bet we’ll have all the details and first impressions as soon as they drop.
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Logo of the Organization of the Petroleum Exporting Countries (OPEC)
Andrey Rudakov | Bloomberg | Getty Images
U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month.
U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent fell $2.39, or 3.9%, to $58.90 per barrel. Oil prices have fallen more than 20% this year.
The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes a month after OPEC+ surprised the market by agreeing to surge production in May by the same amount.
The June production hike is nearly triple the 140,000 bpd that Goldman Sachs had originally forecast. OPEC+ is bringing more than 800,000 bpd of additional supply to the market over the course of two months.
Oil prices in April posted the biggest monthly loss since 2021, as U.S. President Donald Trump’s tariffs have raised fears of a recession that will slow demand at the same time that OPEC+ is quickly increasing supply.
Oilfield service firms such as Baker Hughes and SLB are expecting investment in exploration and production to decline this year due to the weak price environment.
“The prospects of an oversupplied oil market, rising tariffs, uncertainty in Mexico and activity weakness in Saudi Arabia are collectively constraining international upstream spending levels,” Baker Hughes CEO Lorenzo Simonelli said on the company’s first-quarter earnings call on April 25.
Oil majors Chevron and Exxon reported first-quarter earnings last week that fell compared to the same period in 2024 due to lower oil prices.
Goldman is forecasting that U.S. crude and Brent prices will average $59 and $63 per barrel, respectively, this year.
In a bid to keep up with the rapid growth of EVs, Chicago Department of Transportation (CDOT is currently seeking public feedback on a plan called “Chicago Moves Electric Framework.” The city’s first such plan, it outlines initiatives that include a curbside charging pilot through the city’s utility, ComEd, and expanded charging access in key areas throughout the city.
Unlike other such plans, however, the new plan aims to focus on bringing electric vehicle charging to EIEC and low income communities, too.
“Through this framework, we are setting clear goals and identifying solutions that reflect the voices of our residents, communities, and regional partners,” said CDOT Commissioner Tom Carney. “By prioritizing equity and public input, we’re creating a roadmap for electric transportation that serves every neighborhood and helps drive down emissions across Chicago.”
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Neighborhoods on the south and west sides of Chicago experience a disproportionate amount of air pollution and diesel emissions, largely due to vehicle emissions according to CDOT. Despite that, most of Chicago’s public charging stations are clustered in higher-income areas while just 7.8% are in environmental justice neighborhoods that face higher environmental burdens.
“Too often, communities facing the greatest economic and transportation barriers also experience the most air pollution,” explains Chicago Mayor Brandon Johnson. “By prioritizing investments in historically underserved areas and making clean transportation options more affordable and accessible, we can improve both mobility and public health.”
The Framework identifies other near-term policy objectives, as well – such as streamlining the EV charger installation process for businesses and residents and implementing “Low-Emission Zones” in areas disproportionately impacted by air pollution by limiting, or even restricting, access to conventional medium- and heavy-duty vehicles during peak hours.
The Chicago Moves Electric Framework includes the installation of Level 2 and DC fast charging stations in public locations such as libraries and Chicago’s Midway Airport, “supporting not only personal EVs but also electric taxis, ride-hail and commercial fleets.”
Chicago has a goal of installing 2,500 public passenger EV charging stations and electrifying the city’s entire municipal vehicle fleet by 2035.
Electrek’s Take
ComEd press conference at Chicago Drives Electric, 2024; by the author.